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Sports Parlor South  |  The Parlor  |  Political Parlor (Moderator: The One Man Gang)  |  Topic: YOWZERS (The Fraud that is the SSN "trust fund") 0 Members and 3 Guests are viewing this topic. « previous next »
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Author Topic: YOWZERS (The Fraud that is the SSN "trust fund")  (Read 197 times)
Just Win
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« Reply #12 on: August 17, 2010, 09:50:31 PM »

How can you say it worked out badly for the country.  It's a program that has done wonders to eliminate poverty in old age.  It's not a "retirement" plan, it wasn't designed as such.  What it was supposed to do, and still does remarkably well, is provide an income floor for our seniors that allows them some measure of dignity in old age.  Those of us lucky enough to save for retirement will see SS as a nice little bonus check each month.  For many, many people, that's IT.  And turning that over to the markets changes the entire nature of the program, from 'insurance' to investment.  I'm capable of my own investments, and I'll gladly pay insurance for those who came before us.  Seems like a fair deal to me.  

Second, there was and is no unexpected shortfall.  That's another of the great myths they peddle to make us skeered so we'll agree to benefit cuts.  The actuaries have been pretty accurate about lifespan changes, much to the contrary of the reporting on this issue.  A favorite technique is to spout misleading stats about how much longer we're living - we're not in old age, about four years, predicted - and how there's this crisis - there isn't - and unless something is done right away, why, we'll be about 1/4 the amount in the hole (over the next 27 years!) that we spend per decade on the military!!! OOHHHH NOOOOOO!!!!  

The cat food reference was a joke.  But the serious point is why they alarm us every couple decades about SS when there really is NOT a crisis, certainly not the type of crisis that demands immediate attention.  That belongs to our military expenditures and health care.  Those are the programs unsustainable and in trouble.  Look it up if you don't believe me.  

 Lane


Look I have treated you ladylike and tried to tell you countless times in a nice way that people will not take anything you say seriously if you post things like this. SAINTS PRESERVE at the whoppers you posted above. My patience for this sort of insolence is not eternal.  Moderator Commissar Mao tse-Cat the above post borders on being pornographic and obscene. You might want to think about removing this dung from the board.
« Last Edit: August 17, 2010, 09:58:07 PM by Just Win » Logged
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Sports Parlor South  |  The Parlor  |  Political Parlor (Moderator: The One Man Gang)  |  Topic: YOWZERS (The Fraud that is the SSN "trust fund") « previous next »
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