Traverse City Record-Eagle

Opinion

May 4, 2013

Another View: Keep our promise to seniors

The United States has long been saddled by this nearly $800-billion-a-year monster, and it has only become more monstrous in recent years.

But here’s what we don’t get: Why would President Barrack Obama, who campaigned twice under promises not to mess with Social Security benefits for our senior citizens, seek to do just that?

The government made a promise to its senior citizens.

These patriots have paid into the system with decades of hard work and lots of pennies, dimes and Ben Franklins from their paychecks for all of those years. In return, they were promised a small safety net to help pad their retirement years.

For some, their once-a-month check is their only source of income.

The reality is that the pyramid scheme concocted in the 1930s will only go so far once people stop paying into it.

Our government leaders now see its flaws, but most don’t want to touch it for fear of aggravating the voters — many of whom are senior citizens, or soon will be.

We agree something must be done, just as something must be done about the billions spent in international aid, or the trillions spent on a seemingly endless war. What we don’t agree with is the chained consumer price index scheme that Obama’s team has cooked up. It smells downright rotten.

We owe it to our seniors to see them through retirement with the promises that were made to them years ago.

We also owe it to the younger crowd that has paid a little bit into Social Security with some sort of compensation for the money they’ve invested into a system that likely will not be there when they retire.

And we need to talk about the eventual phase-out of Social Security.

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