Social Security

How would you fix the social security problem?

If it were up to me it would never have been created in the first place, I'd get rid of the whole thing.

 

I would have to agree.

 

Raise the taxable cap. Why only tax up to 90,000?

 

Pixie

First what do you mean by Social Security?

Next what do you mean by problem?

After that, can you tell us why it was created?

Rat

Why?

 

How bout lets take all that money that we dumped into Iraq and put that into the SSI system.

 

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Because in theory, taxing up to $100,000 (not 90,000 unless they've changed it in the last year) should be enough to provide the taxpayer with a living income in their elderly years. Of course, since the social security money gets paid out to retirees right away, rather than being saved for the taxpayer, there's no guarantee that the people who pay in to the system will get anything at all.

Social security needs to be privatized, or at least completely restructured so that the money people pay in to the system is saved for them instead of spent immediately. There is simply no reason for the government to be able to mismanage everyone's retirement funds.

 

for once I think Bush is handling it well.....all I can say though...ITS ABOUT DAMM TIME(Took him long enogh)

 

This comin from someone who prolly has not but as much as a dime into the system. I have been payin into it for over 7 years now. Chances are I wont get a dime of that back when I retire. Most people live from check to check. So how many people will actually invest that money-not many. And the stock market is tricky if you know what you are doin, think about it if you have no idea how it works. I agree something needs to be done, but thats not it!

 

Social security is like manditory charity.
The problem is paying for it.
It was created as a retirement plan for older citizens. The idea is you take a small amout from everyone's pay. But it doesn't garentee that there'll be money for the younger generations too.

Correct me if I'm wrong but cause I'm rather new to, and intrigued by politics... but from what I understand what Bush wants to do is set up a plan so the younger generations can have something for themselves while keeping the current system.

Well, the way I see it social seurity just isn't a stable system, because the population varies. What would happen if the social security recipiants outnumbered the workers who pay for it (I don't know why, by reasons of war, lack of sex, or what have you..)? It'd be like the working people would become servants to the social security recipiants. (But if it was getting close to that, before it would even happen, the workers would get pissed off at the amout of money the government is taking from them, and then who knows what? Smell like trouble though. Anyway...

Nature dictates that if we want that type of comfort, we have to work for it, and if in all your life you can't (for whatever reason) stash enough nuts away for your winter years, then you have to keep working or you won't eat. Don't get me wrong, I feel bad for the people who it would hurt if they ever decided to snatch that social security blanket from them. It's not their fault they're in a situation that requires them to need it, they're just affected by some old bad judjment. But on the bright side (for now) this is the land of opportunity and anything can happen for them.

(or if your a religious person, and believe in the garden of eden and all that... When Adam and Eve pissed off "god" he kicked them out of the garden, so they were supposed to toil in the feilds to survive (eventually later in society the man toiled and the woman was the help, people found that appealing for a while... but the beat goes on). So it's like the people who recieve the aid and yet do nothing found a loop hole to god's punishment... And everyone that knows god knows that'll piss him off, and when he's upset he gets revenge. Which means that something bad will eventually come of it.)

 

You wouldn't have to invest it in stocks if the system was privatized. If you didn't have a knack for finances, you could just stick it in the bank, or you could still let the government run it for you by buying government bonds.

 

"Beeeeerrrr, now there's a temporary solution"-Homer simpson lol

We could have used that Iraq money for soooo many useful things!! Like our energy dependance problem... We'd be independant by now, if we had that money. I cant believe Bush wants to go the nuclear route!! I believe the simpsons said it best...

Mr. Burns: "But what would the people do without nuclear energy?"
Marge: "solar"
Lisa: "water"
Moe: "a mix of conservation and wind"
I love the simpsons!

 

Ditto....that's the solution right there.

 

Nuclear is the best possible route.

 

route to what?!

 

Route to less dependence on foreign energy sources.

 

or many potential disasters

 

Nuclear may make for a more independent america, but it does not make for a better world.

 

I find it amazing how little respect and love people in America have for the elderly and the poor. Don't support them, that is their own damn fault for not taking care of themselves. Stick your parents and grandparents in a "home" because we are too busy to deal with them and if we don't have to see it then we don't have to worry about it. Who cares that people are abusing them and don't actually care for them, as long as you aren't burdened. Oh yeah and suck every last dime out of the elderly that one possibly could, because after all they are old, they don't need it, lets make money off of the fact that people age.

I have been working since I was 16 years old and I am now 25, so that is 9 years that I have put into this "system". When I was 21 and eligable through my company I joined a 401K (you don't need a company you can get a traditional IRA or a Roth IRA, all on your own, with very little money, so give up your fuckin happy hour every Friday and invest in your future). So not only have I been taking responsibility for my own retirement as I realized it was going to be necessary, but I also still have no problem having to pay Social Security to the generations before us as a thank you for everything they have done to pave the way.

Again like others have pointed out, a lot of money could have been saved by not going to war, and still can be saved if we think things through instead of jumping in to things. I really do not believe that Bush has the best interest of the average American at heart here.

Social Security is far from perfect; it is very flawed, but totally abolishing it isn't going to help in my opinion, and I'm not so selfish to not contribute to society. Granted, I don't know as much as I should about it, I still think that it can be salvaged, or at least the idea of it can be. And I'm far from wealthy by any means I make like $19,000 a year. My only point is that there is money out there that can and should be used to help this problem, but our governement would rather use our tax money for other things, that in my opinion as a citizen, are less important than taking care of the elderly and the children.