General Discussion
In reply to the discussion: Ok.. Fuck You Lawrence O'Donnell and MSNBC [View all]tokenlib
(4,186 posts)For most americans, savings are low and non existant, defined benefit pensions are gone in favor of 401Krap,and Social Security is the last leg really standing. We have gone from a GM economy with good paying jobs with good benefits, to a Walmart service sector economy with crap wages and low or no benefits FOR THE MASSES.
Student loans have sucked away the disposible income we could have saved, and the outsourcing of NAFTA has given us career insecurity. You may have paid off the first round of student loans--but then your job was oursourced or sold out from under you and you had to go back to retrain--more loans .
Social Security may have never been intended to be the sole source of retirement security...but it IS NOW for millions. This is going to be a fight...bigger than anyone realizes.