Clinton promises not to cut Social Security
Instead of telling the truth to the AARP, the New York senator promised retirees that if elected president she will not cut Social Security benefits, raise the retirement age or privatize the taxpayer-funded system.
Clinton uses the obvious: "This is the most successful domestic program in the history of the United States."
Well, it was back in the 1960's, 1970's, and 1980's.
What's her solution? Practice fiscal responsiblity. What about Medicare and Medicaid? They are projected to be much more expensive than Social Security.
Is she going to have the government re-calculcate the cost-of-living index (COL)? She did not mention it.
Is she going to increase payroll taxes? Did not mention it.
Is she going to eliminate the wage cap on social security taxes? Nope, did not mention that one either.
How about addressing the worker to retiree ratio? Nope.
What about social security for the next generation? Nada.
How about the issue of borrowing money from the Social Security Trust Fund to finance the US budget? Yea, nothing.
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In terms of politics, I am sure the elderly won't mind taxing the young up the wazoo to keep their lifestyle the same.

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