On the Social Security issue - do you folks realize the intent of the program when it was set up was to provide insurance for people that outlived their normal lifespan?
When it was enacted, the average male life was 58. For females it was 62. They set the age at 65, to help people that lived longer than they thought they would. The whole idea is that people were still responsible for saving for their own retirement - but if they lived years above the average, there was money there to help them as they couldn't anticipate they'd outlive the averages.
It was NEVER meant as an entitlement program, for people to use as a retirement fund.
I am one that does feel the age at which benefits are available should be 70 or 75. It is peoples responsibility to save for their own retirement, not the government.
Problem is, people don't save today like they used to. It is too important to have 2 cars, PS3, cell phones, flat screen TV's, little Johnny in sports every night of the week.
And regarding the tax cuts - EVERYONE should pay the same percentage rate - not have brackets. It's funny, you can't "discriminate" based on any characteristic of a person, but it is ok to discriminate based on how successful/unsuccessful people are. With a flat rate, the "rich" will pay a larger amount of taxes than "poor" in terms of dollar amount - which is fair. Jacking up the percentage rate is not.
The sad thing is, by Obama putting a line in the sand at $250K a year in defining rich, he is really hurting the economics of our country. Most of the house and Senate members are multi-millionaires (John Kerry for example - even Obama is). Raising the tax rate doesn't hurt them much at all.
What it does hurt is the small businesses that make between $250 and $500K. That is the vast majority of the money and where it resides. Maybe it would make more sense to INSTEAD install a few more tax brackets - maybe 50% at $1M, 75% at $5 a year.
Seems like those 2 ideas would really help - still spur small business growth, raise the tax base, and help get Social Security back to what it was meant to be - an insurance type program and not an entitlement program.