Re: “Medicare and Social Security: Have and have-nots” (Our View, 11-15).
After reading this piece, I have to ask: What is your point? Should we, as retirees, feel a sense of guilt for having more than the entry level generation? Our generation is already known as one that helps with college costs, provides down payments for homes, and houses its unemployed adult children. But it seems this piece suggests we should take it a step further: Agree to reductions in Social Security and Medicare coverage.
In spite of the statistics you offer, we believe the financial spread between young and old has always existed – it’s a fact of life. Nearly everyone’s balance sheet is out of balance in those early years; liabilities far outweigh assets.
But, for those who forge ahead, overcome the obstacles, plan for the future and finally retire, there should be some reward. Please excuse the cliché, but that’s the American Dream.
So, I suggest we properly fund Social Security and Medicare, strip out the waste, fraud and abuse, and pass a workable system on to the next generation. Because, even though they may believe the day will never come, someday they will want to retire.