Posted on 04/28/2005 6:38:41 PM PDT by Brilliant
Simple math: add the 2nd and 3rd items on that list.
Most all knew 20-30 years ago that, that the system was busted and now they talk about it, but wait and see if anything comes of that.
I agree the president's plan for these private accounts ran by the government is idiotic. If they cared about liberty, it would be you can keep that 15% if you want.. and do whatever you want with it.. or opt to keep paying 15% more for a higher check at the end.
The best solution involves freezing the growth of the SS payments.. tying it to the cost of living, instead of the insane measure of tying it to wages like now. I would even go further, slowly reducing the payments relative to the cost of living by 1% every year.
And then over time, as the amount being payed out grew slower then the amount being put in with the payroll taxes.. Then starting to reduce those payroll taxes. Which then puts that money into the free economy, allowing people to do whatever they want with it. Which will help the economy to grow even that much faster.
Check out reply #75
For example
Hillary Clinton
http://clinton4.nara.gov/WH/EOP/First_Lady/html/columns/hrc021799.html
Senator Patty Murray
http://murray.senate.gov/news.cfm?id=189431
President Bush
http://www.issues2000.org/George_W__Bush_Social_Security.htm
I got these off Google in just a few seconds. You can find thousands of similar statements by politicians. They are selling it to the voters as a promise. And they are running the government. And they've been doing it for 60 years. If they break their promise now, then someone is going to hang.
I thought a person could opt out of it. At least up n till a year or so ago I knew of a site that offered the forms to get out of it.
My wife doesnt pay into it and opted out of it. Matter of fact most at the place she works opted out of it. They put into a retirement account instead.
Dumping is not an option in the real world.
So is everyone else. But you are certainly as far to the left as all people who believe in socialism.
Anyone who wants to means test SS not only is a socialist, they are imbeciles. It changes SS from a Ponzi scheme which redistributes wealth generationally, into one that redistributes it between income groups. Like communists, but just a matter of degree less.
You see, it makes you a little commie. And that is as far to the left as is possible on this forum.
That's me...a cheerful little commie.
Thanks for enlightening me about my deepest held beliefs.
Lighten up slick, The Freeper you are trashing as a Commie, has most likely done more to support our troops than all the acidic rhetoric you can possibly produce with your limited mental capabilities. Everyone knows Social Security cannot support itself on a long term basis and as long as people like you consider it does, is wishful thinking at best, and most likely burring your head in the sand
It is not possible to collect SS if you have not worked recently. You misread what was said.
Great points!!!
You can't read.
"Means Testing" means GW's plan is D.O.A. BUMP!!
What are you talking about? I'm on your side of this issue.
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