Social Security Up in Smoke

As of December 2009, of the approximately 33.5 million people receiving Social Security retirement benefits, approximately 4.4 million, or roughly 13 percent, were in the age-group 62–65. This group received retirement benefits of $54.7 billion, which represents about 11.7 percent of the aggregate Social Security retirement benefits of $468.2 paid in 2009. It is not unreasonable to assume that the closing of Social Security to new enrollees in the 62–65 age-group would achieve comparable percentage reductions in the number of people receiving Social Security retirement benefits and in the overall cost of the program. To this must be added the effect of the 25 percent reduction in the benefits of the 66–69 age-group plus the effect of the elimination of premiums for late retirement.

Above is a statement written up in a proposal that would save the country billions of dollars and ultimately change the way that Social Security is allocated.

I can only say, that my dream as an American was to work my butt off, give 100% to the company(ies) that I worked for so that I could have a safe and secure retirement. It seems that Social Security is the new target for those (Lame) politicians in capital hill. Like they don’t have enough to worry about with the (3) wars Ameria is currently fighting, the Barry Bonds Case and the Unemployment rate still hovering at 8%.   They feel that they have to attack an American Institution that was once an untouchable institution.

Now I guess that all gloves are off, and we are in an economic climate  in this country where nothing is off the table.

I some how missed the proposal that every member of congress give up 40-50% of their enormous salaries! I missed the propsal to reduce the amount of money we spend each year on wars that do not involve Amercian citizens. I missed the proposal to cut the top heavy educational system. Why do the Superintendants make $250,00+ per year and the teachers make $30,000 per year?

The Health Care for all bill was such an amazing propositon for the American people and it still is under attack, even though it was signed into law by the President Obama himself.

I for one, do not want my Social Security changed and don’t want the generations behind us to not get the opportunity that we have to work for a secure retirement. 

My Dream is that somehow the politicians get this one right and maintain some resemblence of the Social Security System that our fathers and grandfathers enjoy. I pray that we get out of this economic situation and that our children have some sort of retirement program that works!

Derrick Butler is the Founder of My Dream Alive Inc the most comprehensive source of African American Clothing and Products on the net.

Find out more at: www.mydreamalive.com

Look at how the Governement sets budget: http://www.usgovernmentspending.com/federal_budget 

 
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