SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : IMPEACH GRAY DAVIS!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lizzie Tudor who wrote (1303)10/1/2003 10:11:26 PM
From: Lazarus_Long  Read Replies (1) of 1641
 
I see we don't want to get into "Auschwitz for Elders". Let's anyway, though. I think you're having an identity crisis about political loyalties.

It wasn't the Republicans or Libertarians that started that Ponzi scheme called Social Security. And it wasn't them that stuffed welfare into it to protect those welfare programs and ballooned the cost. Or indexed it to inflation. Or started Medicare. If you've got a complaint about this, you need to go talk to Ted Kennedy and the Democratic Party.

BUT: It's here. And the $s the oldsters put in were worth more than current dollars. Everyone knows that. Arguing that they only put in $25K and will get $200K out is asinine without considering inflation and time. AND that would be a fair and honest inflation rate, not the one the gov't uses. The gov't claims there is no inflation right now. When was the last time you saw a price drop? How much has gas gone up in your lifetime? I get a factor of 8. That makes $25k to $200k fair.

I'd favor a fair payout to current SS contributors, then shut it down and pass a law requiring set contributions to a private retirement account with some requirements on diversification. If you don't pay what you should into your account in any given year, the gov't takes that money as taxes and you get nothing for it. But the same guys who want to keep those empty busses running won't hear of this.

As for those empty busses spewing pollution being run by the gov't, why not have the gov't also take over airlines and trucking companies if gov't is so much better at this than private companies? Do you think if those busses and trains could be run at a profit, a company wouldn't spring up to do it?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News