Tao

5% Revaluation of China's RMB? Are you Crazy?

Considering the fact the US calls the shots and makes the agreements with foreign countries for trade, then they should require pensions and other retirement such as Social Security be honered in all trade agreements.

People deserve their pensions, they won't disappear if the pensions are taken away. The goal seems to be to make the Social Security benefits the same as welfare.

No one takes into account the steadying of a society that has welfare and also has self funded retirements such as Social Security.

Surely, there is a more intelligent solution than to make Social Security worthless. It should be worldwide, if not the middle class will work until they are 70 and pay for the lush retirements of everyone else from the government, military, judges to the policeman and firemen. A lot of these are paid with federal and state taxes.