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What?I actually said we should leave the contribution system alone and only change the account the money is deposited to so that the individual retains sole ownership of all that money.
Just pointing out that this was all a Republican deal.And Reagan was the first in line to RAPE SS I don't know why you think mentioning him is such a big deal. Do you think I am a fan ?
I'm not and never was.
What?
Do you understand what you are saying?'
If you take the current payroll deductions and put them in some private account...they are no longer available to pay out SS benefits
How would you fix that? More debt? Higher taxes? To what end. That is supposedly what you are trying to avoid...
So in order to avoid increasing taxes to fix Social Security shortfalls...you would fuck up the system...and raise taxes anywaySo what?
Let the government issue more real T bills to cover it
So what?Just pointing out that this was all a Republican deal.
Better than keeping a system that is robbing people of a financially secure future with false promises.So in order to avoid increasing taxes to fix Social Security shortfalls...you would fuck up the system...and raise taxes anyway
One might think you just ideologically don't like Social Security
Just pointing out that this was all a Republican deal.
Anyone listening to you here and doing what you want...is going to put massive holes in the budget AND ruin the Social Security systemSo what?
I'm not a republican never was.
BOTH parties are culpable in screwing the American citizenry out of a chance at financial security under the guise of a bullshit program that costs people more than they get out of it.
and it's the middle class who is paying for this and getting ripped off again.
I'm two years retired and it's working fine for me and my wife.Better than keeping a system that is robbing people of a financially secure future with false promises.
What "has been going on"?Would you like me to repost the FactCheck link again that says it's been going on since SS was created?
It would allow people to generate their own wealth and no we can't have that can we?Anyone listening to you here and doing what you want...is going to put massive holes in the budget AND ruin the Social Security system
And yea...you're a Republican
Like I said you're too dim to understand how much you have been ripped off.I'm two years retired and it's working fine for me and my wife.
it worked great for my parents and their parents.
Or lose their entire retirementIt would allow people to generate their own wealth
the looting of the so called trust fundWhat "has been going on"?
It's a Federally mandated part of it. Take that away and the employee never sees it. It goes into the employer's pocket
Only stupid people think long term investing is the same as playing roulette.Or lose their entire retirement
But hey...the Stock Market is a fun gambling table
What "has been going on"?
Not necessarily. And oh by the way...during this "switchover" how do you simultaneously pay out SS benefits and fund private accounts?What's the difference? Switching over would still make it a federal mandate they must match your contributions and it goes into your account.
OK and?The borrowing of SS and the fact it's always paid back.
by issuing real T bills that are sold on the public exchangeNot necessarily. And oh by the way...during this "switchover" how do you simultaneously pay out SS benefits and fund private accounts?
