Thursday, June 26, 2025

Such diversity of opinion

The Washington Post published four letters today under the title: "Here's how to bolster Social Security."  This is one of my pet topics so I looked forward to the varied and well-reasoned opinions.

Every single letter had the exact same prescription: raise the earnings limit.  This is a stupid idea for several reasons but, above all, it demonstrates that nobody is serious about reforming Social Security by making tough decisions.  It's always the same story: somebody else should pay.

3 comments:

  1. Anonymous12:49 PM

    I dont care what they do but they owe me for 43 years of paying in before they go tittsup.

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  2. You might want to cash out ASAP.

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  3. Anonymous1:00 PM

    I retired at 62, mostly for health reasons, and immediately started taking Social Security - because (1) that money had to come from there or else I'd drain my IRA, and (2) as the other Anonymous said, I wanted to collect it before it goes tittsup (and while it's still tax-free in my state). I'm 73 now, and looking back, it was one of the better decisions I've ever made, as my IRA has been growing steadily ever since.

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