bripat9643
Diamond Member
- Apr 1, 2011
- 170,161
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No, it isn't thanks to Social Security and Medicare. You partially hit on the reason: individual savings.Thanks to Social Security, ,edicare and individual savings. Conservatives have a nasty tendency to wreck pensions.Because they got pensions and didn’t pay $100k for collegeYou would prefer the elderly and infirmed live in desperate poverty?A strong middle class and Social Security are mutally exclusive. Social Security looted the middle class and made it dependent on government handouts.
The elderly are the wealthies quintile of Americans.
Whatever reason you name, the fact is the elderly are not in dire financial straights.