We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
Social Security, as shown here, is a constant percentage of GDP, as was probably envisioned at the outset of the program, so does not seem to be a problem, at least on an accrual basis. Cash-wise, it is in poor shape due solely to Congress' thievery.
This is why I am applying for SS and hopefully disability, because of just being to old to be alive, when I hit 62.
I know I will get lower feedback of MY money, however I do not believe I will be around at 65 let alone them changing the law to make it higher than 62 before you can apply for the SS. This would be the only way, other than taxing everyone more than they do now, to curb the applications for SS. By raising the age limit for first being eligible to say, 75. Cut out about 50 percent of the people being able to apply for SS. Because they would be DEAD. No death panels in this regime. NOT. So you would have a very big savings there. Because dead people do not do anything any more to effect the Universe, ever.
"By raising the age limit for first being eligible to say, 75. Cut out about 50 percent of the people being able to apply for SS"
That's what they're doing here. SS cutoff is being raised (for now, noone believes it'll remain there) to 67.
At the same time benefits are being cut, especially disability.
For example no more subsidised prosthetic limbs, wheelchairs, etc. if your income is "high enough" that you can pay for them yourself (despite your premiums explicitly including funding for just those, and "high enough" being the pre-retirement income, not the SS which is identical irrespective of prior income for everyone).
At the same time, waiting lists for medical treatment are ensuring people die rather than having to undergo expensive treatment and rehab (and get expensive things like wheelchairs and prosthetics) as well as reducing the number of SS recipients.
Of course government functionaries (if high enough up the food chain) have created loopholes to excempt themselves from all of that.
So, I was not far off on my estimate of the coming future of SS.
Went down to the office today. 144 minute wait. 50 people in the waiting room and only TWO workers at the 4 windows. Gonna die even before I get to see anyone to GET an appointment to see if I can receive SS. 2012 is going to be a long year looks like, until 21 December comes along.