Posts Tagged ‘ debt panel ’

SENIORS:THE DEBT PANEL AND US

Sep 16th, 2011 | By Dr Jerry D Elrod | Category: Senior Moments Blog

Most indicators suggest that seniors, those over 65 and under the care of social security, will not be touched by Debt Panel recommendations for the huge and hovering debt that they are charged to manage and minimize.

Those who watch carefully, however, are already aware of the encroachment on younger persons who are being told and sold the idea that they will never collect on their investment in social security. SCJ has been writing for a year now about how Social Security can be preserved for future generations; it doesn’t have to be changed in order for the program to survive. Erosion of confidence, not unlike the washing away of soil, is a sure fire indicator that something else will be washed away ere long.