If thats directed at my prior post. This is one of the better CE threads we have had in a few years, IMHO. Up there with the Iran thread we had going recently.
Social Security has bloated far beyond its original intent, as even Roosevelt's writings indicate. That Medicare's role and costs have exploded far beyond their original projections is a matter of open record.
As long as SS provides at least a survivable floor, I am comfortable with that floor being pretty low. Its difficult to see how that modern benefits could be lower and still survivable (unless you live in a place with absurdly low Cost Of Living). So I agree with you in spirit that Roosevelt never intended SS to be the only source of retirement funds, or even very comfortable, but I disagree that it has grown beyond that.
"The lesson Washington has never learned is that universal entitlements are by their very nature poison to an economic system, never mind a culture of individual rights."
Dogmatic bullshit, Tom. A hand-wave argument if I ever heard one.
"Given these solid financial examples of how entitlements have turned out so far, [....]
Give me a break! SS is in trouble, but its far from a disaster. Deep Breath Tom. These are exactly the sort of demographically driven problems that SS has been adjusted to fix in the past.
"Frankly, the entire idea of "retirement" is a concept that our modern society has largely outgrown. It was based on a workforce that largely did manual labor, and literally could not work past a certain age. In my line of work, there's no reason not to continue until I keel over.
"
Speak for yourself, you working stiff! I work to get out. I love my job most of the times, and find it very fulfilling, but I'll be damned if I want to do this for 30 more years- and changing careers isn't much of an answer for me.
"Hey, I saw those fingers crossing out there!"
Who, Me?
:-)
Davin :.
Current Events » in reply to Some good stuff.
Thanks
The whole thread (75 posts)
- Serious Insecurities concerning Social Security 'Reform'
- My plan to reform Social Security
- Thats actually a pretty good idea, IMO
- If it "over-funds" the system, just cut the tax rate. Simple. (n/t)
- The system is currently overfunded as it is
- Not if it is to become a VESTED system with assets backing liabilities.
- re: The system is currently overfunded as it is
- I could live with that.
- Thats actually a pretty good idea, IMO
- Not to mention the dark secret that people are only just realizing..
- The only true fix for SS
- More to the point
- re: No big secret.
- Tom hit the BS buzzer
- So the fix is to simply confiscate more and more money?
- Further, they always claim that it must get worse and worse
- Bartleby the Scrivener
- Does anyone else see the political weirdness here?
- Not my problem, Tom, that you have a propensity for strawman arguments and distorting positions you disagree with
- More on the Amazing Vanishing Social Security Crisis
- The DNC choice to take the position that after all the years of claiming there was a crisis, now there isn't one, will not hold up. (n/t)
- again
- correction, misread something Tom said
- More on the Amazing Vanishing Social Security Crisis
- Not my problem, Tom, that you have a propensity for strawman arguments and distorting positions you disagree with
- Tom hit the BS buzzer
- What Ed said.
- Very good points
- My plan to reform Social Security