Let's not forget that several weeks ago, it was Maxine Waters (D - Washington) who told the oil executives that she wanted to nationalize the oil industry. Now we can add Hinchey (D - New York) to the list of Democrats calling for nationalization of the energy industry. Combine that with Obama's Blueprint for America and you can see their socialist tendencies. It's not looking good for Democrats. *If you're interested in reading my articles, Click Here.

Considering how modest SS payments are, I doubt many people in the middle class would be satisfied planning on living on just that. (And it's pretty easy to find out what you're expected payments will be.) The U.S. has a pitifully low savings rate, and then people are surprised when they don't have enough money to retire on.

"Are you saying that senior citizens living on social security are not living in poverty?" If a person's only source of income is Social Security, they may well be living in poverty. But Social Security was NEVER meant to be a person's sole means of support. Ever since it was begun, it was meant to be one of the "three legs" of retirement income, along with a pension or retirement fund and the person's own savings. Unfortunately, many people now don't have pensions because their companies (or former companies) are backtracking on the pension promises they made. Like I said, many elderly people were living in poverty before SS came into being. If you're proposing eliminating SS, that would throw a lot more elderly people into poverty. That creates problems and doesn't solve any.