Among the repetitive yet respectable recommendations for improving the United States' credit rating, a recent article points out:
"The young cannot take care of the old anymore, at least based on the level at which those under 40 are taxed for entitlements."
"The young cannot take care of the old anymore." Without even realizing it, this little proverb points what the Social Security Ponzi scheme has been all about from the beginning: take money from the working classes to subsidize those no longer working.
The concept of pension, retirement, and dependence among the elderly is without tradition, without merit, and now without excuse.
The old should not cannibalize the young. Those who enter the work force deserve the money they have earned, not a penny less, with absolutely none of it siphoned off in the fraudulently labeled "Social Security" program, which is hardly social let along secure–or solvent–at this point.
It is a travesty that previous generations witnessed their wages being garnished. They deserve their money back, immediately. Not a penny more, not even for a cost of living increases and adjustments due to inflation.
And what has a culture of pension, retirement, and dependence created?
Pensions have induced the now-elderly to forgo saving for themselves, blindly believing that the state would guarantee their pension. If the Federal Government cannot pay its bills now, what gives any retiree the impression that the will have anything to collect in their "golden years".
Retirement forces–or enables–able-bodied individuals out of the work force, where many suddenly succumb to death.