Thursday, December 1, 2011

The future of growing old in America

Click here to access article by James Ridgeway from The Guardian. 

The ruling One Percent have absolutely no shame in going after the most vulnerable people in our society--the poor, the disabled, and the elderly--in order to pursue their wars and protect their profits.
It's hard to argue that social security benefits are too generous, or that retirees enjoy extravagant lifestyles. The average social security benefit currently stands at just over $1,100 a month. As the Center for Economic and Policy Research's Dean Baker notes, "More than 75% of benefits go to individuals with non-social security income of less than $20,000 a year and more than 90% of benefits go to individuals with non-social security income of less than $40,000 a year."