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Politics : Politics for Pros- moderated

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To: kumar who wrote (22333)	12/31/2003 5:49:08 PM
From: Lane3	Read Replies (2) of 793587

So you'd give the foreigner back his FICA contributions. Would you give me back mine? Kumar, this isn't an investment opportunity, it is a tax and a welfare program. There's no expectation of payback proportionate with investment. It's set up to give the poorest the greatest return on what they paid in. I had a black colleague who used to complain that Social Security was racist since longevity for black men wasn't enough to allow them to collect as much as whites. The racism charge notwithstanding, is it fair in your view that some people collect their pension for only a couple of years before they die and others live for thirty or more years so they collect much, much more? Should we guarantee everyone thirty years of payout by giving them the residue for their estates if they don't live thirty years? The system is what the system is. If we wanted something that allowed people to save for retirement and starve if they failed to do so, we wouldn't have created Social Security in the first place. As it is, a Ponzi scheme needs all the inflows it can get to remain solvent. Even with this "unfairness" of yours it's not solvent. It can't worry about a few foreigners.

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