and onother thing.
these people are retirement aged.? They shouldn't have to work anyways.
Whatever happened to the Great Promise, which was supposed to be social security.
should we do the math?
i have worked for 20 years avg 50 k per @ 6.2% towards social security, each year, religiously.? = $161,290.32
when i was 17 the stock market had the Big crash and was down to around 700.
last i checked it was at around 11,000.
that is 1600 percent.? compounded yearly, my money alone should be worth several million dollars.? several million dollars can still allow a person to live comfortably.? coupled with the fact that a home should already be paid off (bought 30 yrs ago for about 23K, now worth 3/4 million).
another factor to consider is that i calculated my wages per year at my first 20 years of work.? i expect my last 20 years of work to be 3 or 4 times that per year.? and we are considering old people for which it was during their best earning years..
even if you were to take the wages for 25k avg over the past twenty years and the inflation in home prices, these people should still have a couple of million each.
what is happening to all the social security money?? why are these people having to work?
i understand that there are exceptions, but the thing is that millions of americans who are of retirement age are still working part time.? some because it fills their days, but for many its because they have to.
its a shame. they have already done their part. were all screwed someday. a few will have it all, and the people that actually toiled away and creating all that wealth, will not be shown the appreciation they so richly deserve.
greedy elite, and shameful government.