Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Cause gosh it couldnt be that they are denied access to their own money.
I hope you dont actually believe your own drivel
Social Security is a good program.
It was conceived as insurance against poverty and helped millions avoid the financial devastation which was so common before it. The program was modeled after similar programs in Europe, particularly the Old Age and Disability Insurance Bill of 1889 in imperial Germany, sponsored and promoted by Otto Von Bismarck.
Quote:
"The real grievance of the worker is the insecurity of his existence; he is not sure that he will always have work, he is not sure that if he will always be healthy, and he foresees that he will one day be old and unfit to work. If he falls into poverty, even if only through a prolonged illness, he is then completely helpless, left to his own devices, and society does not currently recognize any real obligation toward him beyond the usual help for the poor, even if he has been working all the time ever so faithfully and diligently. The usual help for the poor, however, leaves a lot to be desired, especially in large cities, where it is very much worse than in the country."
Otto Von Bismarck
People tend to forget the impact of Social Security in their own lives. It is very likely the program even helped your own parents and grandparents live fruitful independent lives.
The real reason Republicans do not like Social Security is the tax on employers.
That is the driving force behind all of the criticism. Employers contribute exactly the same amount as the employee, and they want to keep that money for themselves.
Thus, they will use any excuse to run it down in the eyes of workers. Getting the working people to politically abandon the program would be a gigantic windfall for corporations. 401-k programs could never compete with Social Security for return on investment (unless perhaps if the employers were required to contribute dollar for dollar, and even so the risk would be greater), the people would be screwed again.
Typical Democrat. Can't understand how money is invested and how it grows. The reason many Americans doesn't like S.S. is because is a force tax and a bad managed system that is entirely control by bureaucrats which you believe have your best interests that doesn't give the people the option to opt out and get their own plan based on their needs and wishes.
There are many plans offered by employers and private sector that has better returns and control to the employees than Social Security and they don't need big daddy to force them to offer these plans.
The difference between the mentality of Democrats and Republicans is that Democrats believe more in the government and Republicans believe more in the private sector. That explains your opinions here how you view the private sector as greedy "they want to keep all they money" and "Government will save us all and they will make it right controlling more our lives"
Many Americans feel they can manage their own money better than the government. You must be on the other side.
To use an actual example, this is like saying you know for sure that if the government had let GM fail, then the companies making their parts would have simply gone over to ford since ford would have "obviously taken over the market share" since Ford survived without bailouts. They also then argue that the economy overall would have rebounded faster if we let all those companies fail.
Not of single bit of that is true. Its entirely possible we never recover in that scenario. Same with the UCLA projections.
I'll believe UCLA economics professors over you.
You need to read their findings in depth. The US finally recovered from FDR's long, dragged-out Great Depression only because the US entered WWII.
the average Social Security payment is $1,500 a month and the death payment for funeral is $255. If you think this system is fine then I understand why you are a Democrat and are afraid of changes and keep defending an outdated system from almost a century old. Most of that goes to rent and food. A good retiring plan is for you to make at least 50% of what you were making. $1,500 a month? Is not even 1/4 for most of us.
Many believe that We can get a higher return and have more control in our accounts by slowly taking power out of the government and use the engine of the best economy in the history of the world which is the private sector to work for us.
That's the difference between a Democrat and Republican. If you want all employers to contribute the same amount as their employees to their retirements (many do today) then make it tax deductible for them and they would rather invest it to their employees as a company package than paying it to the government.
but the Democrats solution to keep the outdated FDR plan (they want to keep the power and control of the taxes) is to tax more the employers and employees and flood the nation with massive cheap labor to pay for the system while the average return is garbage.
Based on his declaration of emergency, stealing the people's gold money, and imposing national socialism (FICA), I'd rate him a minus 9. He was basically an evil slimy [expletive deleted].
So Roosevelt should have demanded that the people save up for retirement starting early in life or else keep working until they're too old and end up begging for money in the streets or hope for help from private charities?
FDR? On a scale of 1 to 10 with 10 being great? -50 (negative 50). FDR's idiotic economic policies prolonged the Great Depression by at least 7 years, unnecessarily keeping tens of millions in misery.
And FDR is the reason health insurance is tied to one's employment. FDR froze workers' wages in 1942 by Executive Order in a misguided attempt to thwart inflation. To compete for competent workers, employers began offering benefits like health care/insurance, etc. Thus, our current employer-dependent health insurance system was born.
The Real Reason the U.S. Has Employer-Sponsored Health Insurance - NY Times
What's so bad about tying health insurance to one's employment? Don't you quite strongly think that getting the government to provide health insurance for all workers would be one hell of a lot worse against the people?
Sorry, but your red herring deflection has nothing to do with my point.
After the Republican failure to address the problem of economic collapse and the humiliation of Hoover's do-nothing policy, the nation was a great risk of falling into extremism and even class warfare.
The election of FDR changed all of that. Sure, he was a blue blood with inherited wealth, yet he saw the need for government to take positive action to relieve the suffering of the people and protect them as much as possible from calamity. This progressive reform was a 'safety valve' which gave the working classes hope, and they did not choose to resort to violence or turn to extremist demagogues.
For his efforts, the wealthy thought of FDR as a 'traitor to his class', and this is the taproot of all Republican complaints about the man. The fact is, by making the lives of working people tolerable and hopeful the reforms of his administration strengthened and preserved capitalism and the republic, and the wealthy Republicans owed him a debt of gratitude for it.
How did stealing the gold of the American public, locking legal US citizens in internment camps and robbing them of everything, burning crops when people were starving etc how the working class?
Blowing smoke up their ass on his fire side chats wasn't actually helping them.
Created and then prolonged the Great Depression, to be precise.
So Hoover had nothing to do with creating the depression? I guess the guy before Hoover, who presided over the roaring 20's, Coolidge, had nothing to do with the depression, either.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
