Quote:
Originally Posted by aklim
That sort of talk will never get you elected. It is a bidding war out there during election time and people go with the highest bid, which yours is not. Problem is that after the bidding is done and the winner doesn't pay, we don't do anything to them.
How will you entice anyone to want to donate to a fund when you tell them that they probably will not get it? That is the problem. It was sold to us as a forced savings plan.
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Fortunately, I don't need to get elected. I put myself on a cash basis a long time ago; maybe the government needs to do the same?
That's part of the problem, why does SS need to be a separate fund so it shows up as part of the debt on paper? It's really nothing but an additional income tax and an entitlement program for geezers. It should be structured so a very small percentage of the geezers live long enough to collect; the eligibility age needs to be raised significantly.