Thursday, November 19, 2009

Should Social Security be taken out of the Federal budget?

I do not borrow cash from my credit Cards. I do not borrow cash from my 401k or my own Social Security account. This makes no sense. Why do the American people and Congress allow the same non-sense from Washington? People are sometimes very strange in there thinking. You can not borrow money then count it as income for the month. It's not income if you borrow it, it's a debt you must pay.


Social security is a pay as you go program. Republicans have long wanted to end the program and sending the program into Bankruptcy has long been there goal. They don't mind supporting there own kind but they object to paying a tax that helps others in there old age.


The Republicans would love to end this Social program and the Elderly can just starve and live on the streets. The Republicans favor personal savings accounts because they know if you take out younger Americans paying into the program it will put the program in bankruptcy which is there goal.


Congress has borrowed from the Social Security trust fund and used the money in the general fund spending many times in a effort to end the program.

Should Social Security be taken out of the Federal budget?
Can liberals think for themselves or they just spit out the talking points the DNC gives them?





SS needs to be reformed. Any program that takes 15% of your money at gunpoint and gives you a rate of return of about 2% is just wrong. What if you die at 58? Your heirs get $255.





W's reform plan is a good one. Keep most of the revenue going in to the program to pay for the retirees AND allow younger workers to start their own accounts. Every 5-10 years increase the percentage we can put into our own accounts. In a generation we will all have our own accounts and not have to worry about the government borrowing from SS. Then if we die at 58 our savings go to our heirs as it should.





The only reason liberals want to keep SS is because EVERY election they threaten old people that Republicans will take away their SS if you elect them. They have been saying that for at least 25 years (thats as long as I have been paying attention) and it hasn't happened yet.
Reply:Why can't Social Security be optional?
Reply:YES-considering that even if both spouses paid all their working lives and one dies, you can ONLY collect on the one who died and lose your own that you paid all those years!!!! that is criminal. There has got to be a better way!!! and they take sooo much that you cannot afford to put the same amount away for yourself.The average american cannot even afford to save for the future anymore, there is no such thing as job security and we are a nation of working mothers, raising a generation of fatherless children, doomed to repeat the same cycle over and over.even with social security, most retired people cannot afford to retire and they get penalized by social security for working!!! It is a very sad situation.
Reply:obviously you didnt follow Bush's social security reform carefully. He did not want to end it, but reform it. He wanted to change it so people could invest a PORTION of it if they CHOSE to. It was voluntary and no one wld be forced to do it. It would encourage those that wanted to, to make better choices with the money and save the government alot of money in the long run. But, not to worry, the democrats shot it down. The problem will not go away though. We need Social Security reform.
Reply:Yes. the reason is that politicians of both parties have used this fund to finance their own pet programs and personal gain. In reality Social Security should be funded with the current existing funds. From there on it should be funded through the fair tax that would eliminate the rape of both employers and employees by the current system.





In addition every person should be allowed to make investments of some sort for their added wellbeing. This is the option provided to the politicians, and government employees. None of them wants to do away with the program so we can reason (not assume) the program is a viable means to provide for retirement.


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