The firm GfK Roper had a poll they did that was funded by AARP explaining that American’s do not like the concept of helping the National deficit by cutting Social Security. The Huffington Post reports that polls results show that 85 percent of adults are against cutting Social Security. A large sample (72 percent) “strongly opposes” such action.
'Me first’ is the typical answer from everyone receiving Social Security
For a 75-year-old Social Security system that has received an excellent deal of criticism, such support may seem surprising. This number does seem about right when considering AARP members tend to be receiving Social Security and AARP also funded the survey. 57 percent of everyone under the age of 50 answering the survey said they would rather pay higher payroll taxes with a Social Security guarantee than be paying what they’re now and not being certain of what can be received. While a tremendous national deficit will certainly affect future generations for decades to come, the grim reality is that the sense of entitlement commonly associated with the “Baby Boomer” generation makes their refusal to cut Social Security less than surprising.
Raiding the trust fund
The Obama administration is currently looking into what should be done with Social Security, as the insurance program clearly is not sustainable in its current form. Some really rely on Social Security and would be devastated if it were gone. Current tax levels aren’t enough to maintain to the system, and privatization may help younger workers, but not the scores of Baby Boomers who need the need cash now.
Two-thirds of Americans believe Social Security cuts would leave them destitute
Two-thirds of Americans are afraid they won’t be able to survive without Social Security, when an additional 80 percent are concerned about the financial stress of anyone who have fixed-income retirees. ”Poor house” or “debtors’ prison” are the concerns of many. Even 80 percent of people who are “thy sky is falling” types believe that they would nevertheless get benefits even if there was not a Social Security program anymore.
Bestyears.com
bestyears.com/parentstold.html
AARP survey
aarp.org/work/social-security/info-08-2010/social_security_75th.html
Cato Institute
cato.org/social-security
Huffington Post
huffingtonpost.com/2010/08/11/public-opposes-cutting-so_n_678374.html
Social Security Online
ssa.gov/
Milton Friedman on the Social Security myth
youtube.com/watch?v=rCdgv7n9xCY
