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- #41
I agree with you. I want to hear the other side. I have not seen much on the other side.It’s not really a matter of ‘failing’ to plan for retirement, it’s that most working Americans live paycheck to paycheck; there’s little if anything to ‘put away,’ nothing with which to ‘plan.’
Not every American will earn six figures a year; low- and middle-wage earners will always exist – indeed, it’s the very nature of a free-market economy that a significant number of workers be low- and middle-wage earners lacking the resources to ‘plan’ for retirement.
There are also workers who are disabled relying on Social Security for income; older workers who are laid-off during economic downturns – such as the Great Recession – through no fault of their own, who must exhaust their retirement savings to survive, and are compelled to depend on Social Security when they’re too old to work.
Social Security and Medicare were designed to address these and other circumstances; given these facts, the right’s unwarranted hostility to Social Security and Medicare is reckless and irresponsible.