A Better East Texas: Social Security

ABC News and The Washington Post recently conducted a phone survey of one-thousand adults across the nation to get a read on the pulse of America and the current economic and political environment. However, a great deal of emphasis on what America should do about the deficit – specifically, what should be cut on the spending side and what should be raised on the tax side.  Americans were predictably divided on most issues but forty-eight percent of respondents favored gradually increasing the age at which people can receive full benefits under Social Security and the same percentage supports reducing Social Security benefits for wealthy retirees. Changes in Social Security have always been thought of as politically radioactive – no one dares change this system, but the system does need to be changed. Perhaps it should not affect those that are receiving benefits now, but future benefits need to be revised. When Social Security was established in 1935, the average life expectancy was 16 years less than it is today. The founders of Social Security never meant for it to be the sole income source for those receiving benefits. Changes need to be made because conditions in America have changed – for the better – and through these needed changes Social Security will be around to help everyone in our latter years and that will make for a Better East Texas.