I have very little faith, that I waill ever see anything from Social Security. I am in my mid 30's, and I've been working since I was 18. Currently, I work in IT, and earn a decent living. I would rather be able to keep that money, since I do not think the goverment can keep up with SS.
I also agree with what someone about a senior citizen revolt, if they do away with Socail Security. This program has been poorly run, and is now poised to either ruin us financially as a country, or give people who paid in for years and years the short end of the stick.
Personally, I think they need to set a cut off date, and start phasing out (lowering) the benefits paid out to younger people. Let them know this is not their retirement account, and tell them to start saving on their own. Next drop the whole pretence of a SS tax, and just fund the remainder from the general budget, so people don't feel like they are paying into anything. Yes some people will take more of a hit that others, but its a screwed up mess we are in. Kicking the can down the road, will only make this worse as time is our enemy when we are on the wrong side of compond interest.
Only reason to keep kicking this down the road, is because it is uncomfortable to deal with. In all likely hood, someone is not going to get re-elected after making a thogh decision like this. A true public servent would be ok with this, because the good of the country should out weigh his personal gain while in office. Saddly there are not enough elected officials who feel this way.
Many politicians also have an entitlement mentality as well...
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- by HD76
- Sun Nov 14, 2010 11:18 pm
- Forum: Gun and/or Self-Defense Related Political Issues
- Topic: Social Security Isn't An Entitlement
- Replies: 56
- Views: 8820
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