Imagine a scenario where a retiree hits age 65 and the market tanks....for nine years. Further, imagine that the market tanking coincides with rapid inflation at some point during those nine years. At the same time, keep in mind that millions of Americans have rolled their credit card debt into their largest investment...their home mortgage...and that many of these Americans are committed to paying off that mortgage well into their retirement years.
The Republicans want us to gamble with our retirement. The GOP wants to take a "house built on rock" and move that house onto the sand. The President is so committed to his vision of a "program in crisis" that he cannot see that Social Security, as it stands, is the healthiest part of a majority of American's retirement plans. It is a system that works, has worked and will work if we run it properly. But to do so requires a committment to good stewardship of our government. That is something, friends, that the GOP is incapable of.
The GOP, quite simply, does not believe in good government because they don't believe in government at all. That is not simply a disaster in the making. It is, after the lessons learned by my Grandmother's generation...and the hard work they put into building the policies and government programs that flowed from those lessons...an abject crime.