Will I get Social Security when I retire?

[JBT]

No chance in hell

 

[Vic]

Originally posted by: Ornery
Those fvcktards will NOT support Social Security Privatization!

Thanks to you Democrat Socialists, we're stuck with friggin' Social Security in the first place. Thanks. Thanks a lot! :|

You realize that was just a scam and an phony campaign promise, right? I have never understood why otherwise intelligent economists have supported it. Except for a fund that it ridiculously small in comparison to the amount needed for payouts, Social Security funds only exist on paper. It's not like your 401(k) where the money really exists and you actually manage real investments.

I agree with your 2nd statement though. The core problem in Social Security lies in how (and why) it was established in the 1st place.

 

[Ornery]

It's a tiny step in the right direction. Any more than that wouldn't see the light of day. I'd like to see credit for dollars off my SS taxes, for money put in a 401K... or something... ANYTHING!

 

[Vic]

Originally posted by: Ornery
It's a tiny step in the right direction. Any more than that wouldn't see the light of day. I'd like to see credit for dollars off my SS taxes, for money put in a 401K... or something... ANYTHING!

As would I. Then I wake up and realize that I was lost in a fantasy.

Social Security is just another tax, nothing more. When the fund finally fails, that failure will be used as the excuse for the implementation of Socialism the like of which Stalin never dreamed of. And the people will fall for the lie again -- hook, line, and sinker.

 

[SuperTool]

We need to get rid of payroll taxes, and add SS to the income taxes. Make it progressive, remove the cap, and it'll be solvent in no time. If someone makes 800K/year, but you only tax them for the first 80K, you could be getting 10x the SS revenue with a flat SS tax, much less progressive one.

 

[Ornery]

Well, the only party we have ANY HOPE of changing it for the better, is the GOP. The Libertarians will NEVER be in power, and the Dems can't think of any solution other than raising the tax even more!

Public Opinion and Social Security Privatization

• Approximately two-thirds of voters would support privatization of Social Security, transforming the program into a privatized mandatory savings program. More than three-quarters of younger voters support privatization.

A Plan For Privatizing Social Security

• The biggest objection to privatizing Social Security has been the transition to a privatized system. But the projections of the fiscal impact of the plan offered in this study show that the transition can be financed without new taxes and without cutting benefits for today?s recipients. (1997)

 

[Miramonti]

Originally posted by: Ornery
Well, the only party we have ANY HOPE of changing it for the better, is the GOP. The Libertarians will NEVER be in power, and the Dems can't think of any solution other than raising the tax even more! Public Opinion and Social Security Privatization

• Approximately two-thirds of voters would support privatization of Social Security, transforming the program into a privatized mandatory savings program. More than three-quarters of younger voters support privatization.

A Plan For Privatizing Social Security

• The biggest objection to privatizing Social Security has been the transition to a privatized system. But the projections of the fiscal impact of the plan offered in this study show that the transition can be financed without new taxes and without cutting benefits for today?s recipients. (1997)

The latest corruption of the large mutual fund companies is a perfect example of why SS should NOT be managed privately.

You can't trust private companies with money any more than the government. They can't even manage their own ee's pension funds without stealing from them.

 

[OIKOS]

Originally posted by: bubbadu

Originally posted by: boggsie

Originally posted by: boggsie

Go BLUE! | University of Michigan Class of 2006

I refuse to participate in your poll!

 

[Vic]

Originally posted by: SuperTool
We need to get rid of payroll taxes, and add SS to the income taxes. Make it progressive, remove the cap, and it'll be solvent in no time. If someone makes 800K/year, but you only tax them for the first 80K, you could be getting 10x the SS revenue with a flat SS tax, much less progressive one.

Yep! Tax more, there's the solution! Damned rich!

Social Security is flawed from its inception by its very design. The only solution is to junk it.

 

[woodie1]

***Will I get Social Security when I retire?***


I think you will see some sort of benefit but lord only knows what it will be.

 

[Ornery]

"The latest corruption of the large mutual fund companies is a perfect example of why SS should NOT be managed privately.

You can't trust private companies with money any more than the government. They can't even manage their own ee's pension funds without stealing from them. "

Give us just one fourth of the money we're being ripped off yearly by this abortion of a social program, and we'll take it from there, damn it! Again, thanks so much for your nanny govt. ways.