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Friday, August 27, 2004

Greenspan wants your parents to move back in with you

Returning to a politically explosive issue that he has addressed a number of times this year, Greenspan said that it was wrong for the government to hold out the promise of more retirement benefits than it is capable of providing.

He said this issue was particularly critical given the impending retirement of 77 million baby boomers born in the two decades after World War II.


"If we have promised more than our economy has the ability to deliver, as I fear we may have, we must recalibrate our public programs so that pending retirees have time to adjust through other channels," Greenspan said. "If we delay, the adjustments could be abrupt and painful."

To this I say, "Screw you, Alan!"

I love my parents, I do. But there's barely enough room in my house for the two adults and two cats in it now. Plus, my folks are divorced now and married to other people. This could cause some tension.

This is just one more way to rob the poor to pay the rich. My parents paid into Social Security their whole lives--I'll be damned if I have to take care of them because they don't have enough pension money after they turn 65 because some head-up-their-ass politicians think that the Boomer generation's retirement would be better spent on corporate giveaways.

The Republicans especially have been in the habit of floating the idea of getting rid of Social Security every few months for a long time now, but always in these marginal ways. Ideally, the Shrub would get on TV and in a folksy way just say outright that Social Security is going to build oil rigs in Iraq, and we all need to sacrifice by having our parents move in with us. They'd never win another election.

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