I've contacted my Congresscritter (Rohrbacher) and suggested that he propose that when the tax rate goes back to 6.2% from 4.2%, the extra 2% does not go into the General Fund, but goes into an individual account in the employee's name. ... I've heard nothing in return.
If your experience is the same as mine, you’ll get a response in about ten months—long enough to have forgotten why you wrote—and your response will very obviously be talking about something you didn’t write him about.
But I think your idea is excellent. I wish I’d thought of it.
That is EXACTLY what Bush proposed back in 2006. Democrats bitterly opposed it with the usual dishonest rhetoric, and Republicans folded.
I did the calculations earlier about a person making $10/hr (real dollars) working from age 25 until age 65. If that person took the 12% of his income that government steals for its ponzi scheme and invested that money instead in something earning 5% (in real terms), he would be able to collect a check for $2,100 each month ever month from age 65 until age 85. And the beauty of it is that if he died before then, his children would have an actual inheritance to collect.
I don't know of anyone getting $2,100 per month in social security. And this is from someone who makes but 40% above minimum wage his whole life.