I read Rana Foroohar's article "2030-The Year Retirement Ends," in Time magazine, June 30. I'm not impressed by agendas, propaganda or the arbitrary laws and rules passed and repealed in the last 40 years to satisfy Wall Street.
We have a negligent Congress and Supreme Court that are responsible for this travesty which, I am sure, will be the death of capitalism. Wall Street is now cannibalizing everything good in our country, society, and the American spirit.
We are in troubling times. I was so hoping that President Obama would lead us into a new era of prosperity for all, but that did not happen. With President Obama's intrepid spirit of bipartisanship in the face of such complete intransigence from the Republican House of Representatives makes the passing of the Affordable Care Act a true miracle.
Now we are being told that Social Security will go bankrupt by 2030, and Medicare can't possibly fulfill its charter and will go bankrupt, too. And the people who depend on these programs now and into the far future will be high and dry unless major changes are made to the programs. I do not believe any of this because these are just theories based on bipartisan, arbitrary, out-of-context facts with Wall Street being the final beneficiary.
Our politics have always been "trample the working man." Keep him down, dirty, scared and barely able to feed, house and clothe his family. American workers have long been touted as the most productive on the planet, yet owners and managers of American businesses large and small have reviled American workers and, yes, even hated them and deny them a living wage, health care and the necessities of life when a better-than-middle-class salary is required to live, participate and compete in this country. Our government has been right there in every protest movement to batter the working man and take up the cause of corporations and the wealthy.
I read this article hoping to get a clearer idea of where we are headed and possibly a differing point of view, but ne'er to be-just more of the same old rhetoric of how much will be needed and that it won't be there. This article is one more time of putting out in the universe that the programs are not viable when they are and could be forever if Congress would leave them alone.
Michal K. DiClemente