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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That is just it. You don't need to get elected. The officials do. Telling your son he cannot go out to play is not going to make you popular while taking him to his favorite eating place is. Remember when we were kids we didn't understand why that jerk who calls himself our father is giving us such grief for our actions and now we might understand why a little better? Same thing. Fathers are not elected, nor are mothers or kids would be voting for Grandpa and Grandma who gives them everything and never says no.
I think it should be abolished totally. What is it, if not a grand Ponzi scheme where the young workers (new customers) pay to the retired (old customers)? Even Madoff could not keep it going forever. And to those who say "Since you disagree with SS, don't take it when you are able", I say "Give me back what I paid into it with interest and I will relinquish all claims on it".