This
1) Does not fix SS
2) SS is not 'broken' in any case, like any investment structure it needs adjustments
3) Actually causes SS to break (alters one of the fundamental notions- namely that each generation pays for the last one)
4) Motivated by smoke and mirrors.
I have no problem in principle with private tax-free investment accounts. However, the only realistic way for this to work without results in
1) The US government becoming the largest investment holder in America, by far or
2) The US govenrnment effectively controlling individual companies/funds/etc by 'approving' them for investment ir
3) Allowing the individual to make unwise choices, guaranteeing that some people will not be able to subsist in retirement age, being too old to work, and being foisted back on the taxpayer anyway
No, I oppose his as a 'Fix' to social security. I support under some very lassez-faire rules completely tax free but federally mandated investments, but NOT at the expense of Social Security providing a bare minimum level of subsistence (which it BARELY does now).
Davin L.
Current Events » in reply to Not to mention the dark secret that people are only just realizing..
More to the point
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