Peter, I don't even want to get involved in a discussion about Social Security, and the add ons that came over time. Even though I was quite young when SS began, when I was old enough to understand things, I was against the fact that it even existed, and how it was being handled by the government. Any person that worked for a living, would have been better off if he had invested the same amount of money that was removed from his paycheck, and earned the interest on that money. With the government involved, only about 30 cents of every dollar collected gets to the recepient, because of the cost of all the red tape we have come to ignore in governmental projects.
I do know that I was docked the maximum from 1959 until 1987, and lesser percentages before, and after those dated, and I want my money back before I die. Damnit! It's my money, and I don't want it going to some deadbeat.
Social Security was sold to the nation by FDR with the impression that the money would be kept in a separate, and protected, fund, but they have just dumped that into the the overall funds of the government, which removes any inkling of security.
I don't know what the answer will be, but probably won't be around when the feces hits the fan. |
