posted on Oct, 19 2011 @ 09:22 AM
short, sweet and to the point..
As many know, and some do not. The social security takes into consideration the last five years wages as adetermining factor in benefit amount.
So, if everyone gets a huge paycut, then retire, their SS checks will be drastically lower..
could the manufactured recession be part of the way to shaft people into working some loser minimum wage (under 15 $hr) to save the SS system..
Instead of paying out based on the previous persons salary..which was say $28 hr.. Over the life of a retiree, or SSI (disablity/welfare) would be a
huge savings..