“When President Bush tried to reform the nation’s largest Ponzi scheme - Social Security - I defy anyone to look me in the eye and tell me that Democrats did not want that initiative to fail.”
Actually, my Republican Congressman Mike Turner wanted President Bush’s pla for Social Security to fail. I’m glad Congressman Turner saw the flaws in that plan. It wouldn’t be serving anyone well now.
Bush was proposing that something like 2% of your contributions be put in investment accounts you manage and OWN. You think we are well served by a system that takes 16% of your pay,, all of your working life,,, and can manage to send you a check for 800 or 1000 bucks? Oh,, and when you die, they keep it. No ownership.
Old people screwed their children and grandchildren by fighting this. They can only tear their mouth away from the govermnent teat long enough to tell us that social security isnt meant to be your retirement.
An amazing admission,, 16% of your pay,, for 4 decades, isnt supposed to be a retirement. Thanks again “Greatest generation”.
My point is not whether or not the Bush social security plan was good or not - the point is that wanting a policy to fail is not unreasonable.
Democrats are hung up on the word “fail.”
“How dare Rush say he wants Obama to fail.”
It’s okay - and quite normal - to want the failure of policies you oppose - and since a President is predominantly judged by his policies, it is perfectly acceptable to say “I want Obama to fail.”
Thank goodness we are so well served by this Social Security system that is utterly unsustainable in our population base.
Ive met so many old people who actually believe there is an “account” somewhere with their contributions. The money is GONE.
Nobody EVER supported changing the game for ANYONE within 20 years or so of retirement age. But a bunch of geezers want to ensure their children can crawl and beg for social security scraps too. Seems their fear, and love affair with FDR will never end.
No modern nation on earth uses a system like ours. Its archaic,, a fraud,,, and in truth, nothing but welfare.