Since the American Association of Retired Persons (AARP) is taking a leading role in the campaign to defeat the effort to avoid the train wreck that will surely occur when the Social Security system goes broke, we should get a few things straight – both as to what the AARP is and as to the real motives of the liberal establishment’s fanatical effort to resist any and all change to the system.
First of all, everyone born before 1950 will get exactly the benefits promised. Nothing will change for them.
Secondly, in 2008, the first baby boomers will begin to retire. In 2018, the program will begin paying out more than it takes in. By 2042, the program goes bust. Either we do something now, or we face higher taxes, massive new borrowing, or sudden drastic cuts in Social Security benefits. Perhaps a combination of the three.
Every year we delay reform of the system costs $600 billion. Ultimately, we will be stuck with an estimated $10.4 trillion.
That is something to think about the next time you hear Harry Reid, Ted Kennedy or Barbara Boxer assure you that everything is just fine and anyone who ventures the slightest hint that there should be any changes harbors some kind of sadistic desire to shortchange seniors.
"…The AARP is buying full-page ads all over the country trashing the president’s effort to let you keep more of your retirement income. Therefore, because AARP has seen fit to lead this negative charge, its leaders have opened the door to scrutiny of their methods and motivations.
One of the most comprehensive exposes of AARP is to be found in Dale Van Atta’s 1998 book, “Trust Betrayed: Inside the AARP.”
Among its many findings are the following:
- The AARP always favors tax increases.
- When the AARP chooses between the interests of seniors and big government, big government wins every time.
- The AARP, supposedly riding the white horse to save senior citizens, actually discriminates against them.
- The AARP spent more than twice as much money on its posh headquarters as it spent on programs assisting the elderly.
- Those “low-cost” deals at the AARP pharmacy are often not so “low cost.” More seniors are finding better deals at local pharmacies…"