To: mugs99
I'm the older generation. I'm retired. I really don't care what you do with Social Security. I will tell you this...You have not figured out anything! Government does not keep promises. They are not out to fix Social Security. They want a bigger bite of your money. You are so right, so why not accept private accounts and let people keep their money. The government will have to learn to get along without this "tax". Surely this would be a good thing from your point of view? Yes?
It is not about fixing social security althought a lifetime of investment would build a bigger nest egg than social security ever would. But just to take the money away from the government warms my heart. BTW, I am retired as well, not drawing SS, but living on investments I salted away myself.
111 posted on
05/25/2005 11:32:35 AM PDT by
KC_for_Freedom
(Sailing the highways of America, and loving it.)
To: KC_for_Freedom
"Defined contributions" are much better than "defined benefits." This is the essence of the Bush SS plan. At least (especially in the private sector) you can take it with you.
114 posted on
05/25/2005 11:51:14 AM PDT by
Doctor Stochastic
(Vegetabilisch = chaotisch is der Charakter der Modernen. - Friedrich Schlegel)
To: KC_for_Freedom
You are so right, so why not accept private accounts and let people keep their money. The government will have to learn to get along without this "tax". Surely this would be a good thing from your point of view? Yes?
Yes...People should be free to make their own financial decisions. Problem is, that will never happen. They will institute a 'private' investment program that will end up costing us tax payers more than the present corrupt system.
But just to take the money away from the government warms my heart. BTW, I am retired as well, not drawing SS, but living on investments I salted away myself
Mine too! You and I are in the same boat. I don't collect SS because I chose to retire early and spend the rest of my life doing the things I enjoy more than working. We have both lost the money we paid into that phony retirement scheme.
...
144 posted on
05/25/2005 2:26:07 PM PDT by
mugs99
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