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Should Obama offer cuts to Americans' pensions to strike a deficit deal with Republicans?

  • No responses have been submitted.
  • No, pensions should definitely not be cut!

    Pensions are just one of many safety nets that both working and middle class Americans have come to rely on in these lean economic times. Slashing them would be yet another blow to these two socio-economic classes, which have been suffering financially because of the many cuts that have been made at their expense, as well as the huge tax burden they're being forced to carry.

    Besides, I fail to see why they should have to shoulder the responsibility of helping to fix the budget, when so many of the Republicans' constituents (the country's richest companies and individuals) are constantly being given tax breaks to get out of paying their fair share.

  • No, pensions should definitely not be cut!

    Pensions are just one of many safety nets that both working and middle class Americans have come to rely on in these lean economic times. Slashing them would be yet another blow to these two socio-economic classes, which have been suffering financially because of the many cuts that have been made at their expense, as well as the huge tax burden they're being forced to carry.

    Besides, I fail to see why they should have to shoulder the responsibility of helping to fix the budget, when so many of the Republicans' constituents (the country's richest companies and individuals) are constantly being given tax breaks to get out of paying their fair share.

  • Not a chance!

    The extreme wealthy in this country have ravaged every aspect of middle class life, from groceries to college tuition, and now they want to go after the elderly's pensions? Absolutely not. People work all their lives for piddly pensions, and the greedy can keep their hands off of them and use some of their own money.

  • Too much has already been given to the party of no.

    Too many concessions have been given to the Republican party and it is time that the American people are no longer held hostage to civil war against this President. We can no longer afford to have the American people suffer for the sins of their government and their mismanagement of office. People rely on their pensions to provide security in the future and to put it on the bargaining table would be reprehensible. If the sequester has taught us anything it is that the Republican Party will not be satisfied no matter what cuts are put on the table. They have an agenda of discrediting the President and making sure that his term is viewed as an utter failure at the expense of the people.

  • Cutting pensions should not be a revenue source.

    Pensions are part of a deal that employers and employees make with one another. It is unfair, and I believe it should be unlawful, to break that promise. There are other ways to increase revenue. For instance, eliminating corporate tax breaks for oil companies. The purpose of a tax break is to provide incentives for new technologies that would otherwise not be able to complete in the market. There's nothing new about oil. These companies have no problem making profits and do not need government assistance. In addition, classifying annual capital gains as income and taxing it as such, would help to close the budget gap as well as the wealth disparity. The Gini coefficient for the United States is similar to that of Venezuela. It is worse that India and way behind all of Europe.


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