Here is a paragraph that really caught my attention:
“Americans would be shocked and outraged to discover that the Supreme Court has twice ruled that there is no right to Social Security benefits, regardless of how long or how much has been paid into the system. In Helvering v. Davis (1937), the Supreme Court upheld the constitutionality of Social Security, agreeing with Asst. AG Robert Jackson’s argument: “There is no contract created by which any person becomes entitled… [to] a claim for any particular sum of money. Not only is there no contract implied but it is expressly negatived, because it is provided in the act, section 1104, that it may be repealed, altered, or amended in any of its provisions at any time.””
First: My feeling is IF THERE IS NO RIGHT TO SOCIAL SECURITY BENEFITS, THEY DON’T HAVE ANY RIGHT TO COLLECT FROM US. WHAT DO YOU THINK? I THINK I’M RIGHT!
I suppose those of us who already have Medicare and Social Security are safe, but what could we do as a country to preserve it for the next generations?
-Make the retirement age higher?
-Higher payroll deductions?
-Better training in schools regarding private retirement plans, etc?
WHAT DO YOU SUGGEST?