Pharos-Tribune

Columns

October 31, 2013

WILLIAMS: Social Security is worth saving

Oh, geez, here we go again. The Republicans are saying they won’t cooperate on a budget unless “entitlements” are included — that means Social Security and Medicare.

I have paid into Social Security faithfully since I first went to work in 1965. Well, I say faithfully, but it isn’t as if I did it of my own free will. It was automatically deducted from my income. There were plenty of times when I was so strapped for money, that if it had been voluntary, I probably would have opted out, convincing myself that it was only temporary ... just until the financial crunch was over, you know. Turned out, the crunch lasted most of my life.

I retired in 2011 and began to collect my benefits, but who knows what the future holds. I could die tomorrow and the rest of my contributions over the last 40-plus years would simply flow back into the system. My father died at 63, before he got his first check. On the other hand, my mother is 94 and has received more than she ever paid in.

It’s the luck of the draw. None of us knows what will happen in our lives. We could begin our earning life in poverty, then invent something that makes us rich — or we could start rich and lose everything. We could die young or live for a century.

When the program first began, it was meant to be a supplemental retirement. It was hoped that people would have pensions or savings for the bulk of their retirement but Social Security would insure that all Americans had at least a minimum amount of income to stave of financial devastation in their old age. In recent times, more and more elderly American have come to depend on their checks as a substantial portion of their income.

Text Only | Photo Reprints
Columns
  • WOLFSIE: High-tech got you down? I love where I bank. It's a branch inside of a big supermarket. I can make a modest withdrawal and then go and blow every last penny in the cookie aisle. The tellers at the window appreciate me. They know about my obsession with round numbers and und

    April 18, 2014

  • PETERS: Grizzly bear may help human medicine I've gained 5 pounds since last summer. My body mass index (BMI) is still fine, but I need to stop gaining to keep it that way. Grizzly bears put my weight gain to shame. In the late summer, they eat some 50,000 calories per day and gain more than 1

    April 18, 2014

  • WILLIAMS: Feelings of the flowers I took one of those fun tests on Facebook to see what kind of flower I am and lo and behold, it said I was an orchid! That is so wrong because I have always thought I was the exact opposite of an orchid. I'd characterize myself as a daisy. You know,

    April 17, 2014

  • HAMILTON: Government as innovator? You bet! Five years ago, the federal government spent $169 billion to fund basic research and development. This fiscal year, it's down to $134 billion. People who believe in public belt-tightening applaud drops like that. I understand why: there are many reas

    April 17, 2014

  • PARKER: It's time to take a joke, America In selecting Stephen Colbert to replace David Letterman as host of the "Late Show," CBS has waged war on America's Heartland -- or so proclaims that Palm Beach font of heartland mirth, Rush Limbaugh. Don't you believe it, Heartlanders. But wait, ther

    April 16, 2014

  • KITCHELL: Forum about adding answers, subtracting questions A week from tonight, Logansport residents and those outside Logansport who purchase electricity from the Logansport Municipal Utilities will have a chance to find out some things for themselves. A free forum at McHale Performing Arts Center will feat

    April 16, 2014

  • MARCUS: Truth is often unwelcome Jim Feelwright greeted me warmly as I entered the room: “Well, here he is, Mr. Negative.” Since it was a friendly meeting, I borrowed a famous line from the movies: “You can’t handle the truth.” “You,” he said, “just don’t want to see what’s really h

    April 15, 2014

  • VILLAGE IDIOT: Signs of spring finally upon us Today I saw my first crocus popping up after the long winter. It was in a picture a friend posted on Facebook. Suddenly, it seemed everyone was posting pictures of buds on trees, robins on the lawn, green shoots coming up in the garden. It was almost

    April 15, 2014

  • Brian Bosma BOSMA: House Republicans achieve legislative priorities When the General Assembly began its work last November, as Speaker I pledged a session driven by five main issues: increased road funding, enhanced job training, early childhood education, fair business taxation and cutting government red tape. With

    April 14, 2014 1 Photo

  • LYONS: Taking pity on the Plutocrats "Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that belie

    April 14, 2014

Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Poll

Should e-cigarette marketing be regulated like tobacco?

Yes
No
Unsure
     View Results
Featured Ads
AP Video
Obama Hopeful on Ukraine, Will Watch Russians Flamingo Frenzy Ahead of Zoo Construction Crew Criticized Over Handling of Ferry Disaster Agreement Reached to Calm Ukraine Tensions Raw: Pope Francis Performs Pre-easter Ritual Raw: Bulgarian Monastery Dyes 5000 Easter Eggs Diplomats Reach Deal to Ease Tensions in Ukraine U.S. Sending Nonlethal Aid to Ukraine Military Holder: Americans Stand With KC Mourners Obama Greets Wounded Warriors Malaysia Plane: Ocean Floor Images 'Very Clear' Sparks Fly With Derulo and Jordin on New Album Franco Leads Star-studded Broadway Cast Raw: Two Lucky Kids Get Ride in Popemobile Boston Bombing Survivors One Year Later Sister of Slain MIT Officer Reflects on Bombing
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.