Quote:
Originally Posted by Craig
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.
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Its not that simple. Part of the reasoning that set the ages where they did was to promote opening up positions in the job market. Get the old people out of the way for the young ones to get jobs.
How does government have any credibility to change the system so that fewer qualify for benefits. I've been making payments for 44 years, and now you want to say I can't get benefits? The money was not not a voluntary contribution; its was confiscated with the promise that the government would pay. If I lose my SS benefits, then a LOT of politicians better lose theirs, first.