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SS is a bit of a Ponzi scheme, in that the gov't set it up originally 2 years later to collect than life expectancy.
We're also eating our own bitter fruit; it would have far more of a reserve were it not for 50 million abortions, which warped the ratio of Baby Boomer retirees to workers.
So... 50 million more people would equal 50 million more jobs?
Please tell us just how that would work.
Seems to me it would mean 50 million more people without jobs.
50 million more people in need of government assistance just to survive.
So please, do tell.....since government happens to be the biggest perpetrators of "thuggery," you didn't vote in the last elections, did you? Cuz i wouldn't want you voting for "thugs."
I'd say taking my money against my will defines 'thuggery'. I voted for the only honest man in politics- Ron Paul. See how far that got. Thugs.
Would you support legislation that would allow Americans at will to completely opt out of SS and refund anything they were forced to pay into the fund? This would be a one time opt out, once you choose to opt out you're out for good and you can't opt back in. If you opt out you get a check for the amount that you paid in, no interest or deductions.
Sure. We will never see a dime anyway. It is just an additional tax.
I'd say taking my money against my will defines 'thuggery'. I voted for the only honest man in politics- Ron Paul. See how far that got. Thugs.
You voted, you got representation. That representation decided for the greater good to take part of your money.
They took approximately 33% of the money I made last year.
I can complain about the amount of money they are taking, and vote to try and get what I want, but calling them thugs or hinting that they are stealing your money is hardly true.
I'd say taking my money against my will defines 'thuggery'. I voted for the only honest man in politics- Ron Paul. See how far that got. Thugs.
Your threshold for what you call thuggery is pretty damn low. Sorry, but paying taxes isn't thuggery. Try living in a nation that has no taxes and see how that works out. And Ron Paul may be honest, but since he's always talking about the need for less government, i find it odd that he obviously loves working for the government so much that he passed the same trait off to his son.
Since 1933, no dollars have circulated. Federal Reserve notes (aka "dollar bills") are not dollars, by law.
Since FICA began in 1935, no one has paid a "dollar" into the kitty. And since FRNs have no par value (worthless), you have no legal claim of any value on the "trust fund". You paid "nothing of value" to the government, and they owe you nothing of value in return.
--------------------- http://www.treasury.gov/resource-center/faqs/Currency/Pages/legal-tender.aspx" Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything. This has been the case since 1933. The notes have no value for themselves, but for what they will buy. In another sense, because they are legal tender, Federal Reserve notes are "backed" by all the goods and services in the economy."
Thanks to the 304 million "human resources" pledged via FICA...
Social Security is like a chain letter. Or like taking blood out of one arm and running it over to the other arm and spilling a bunch of it on the way!
Would you support legislation that would allow Americans at will to completely opt out of SS and refund anything they were forced to pay into the fund? This would be a one time opt out, once you choose to opt out you're out for good and you can't opt back in. If you opt out you get a check for the amount that you paid in, no interest or deductions.
Yes, I agree, but maybe not with your system of how it gets paid back. I think I should get interest on my investment, and I think my employers should also get their portion plus interest.
However, we would need a way to ensure that people who opt out but don't make wise choices with that money (the money they would be paying in) are not allowed to live off the public dole when they feel like "retiring" down the road. That's the only problem I have with making it optional and/or privatization.
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Do you support allowing people to opt out of Social Security?
