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Politics : President Barack Obama

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To: Mac Con Ulaidh who wrote (54778)5/23/2009 7:45:44 AM
From: RetiredNow  Read Replies (3) of 149317
 
You get me wrong. I don't mind paying my taxes. What I do mind is paying taxes for things like social security that is a complete waste of money. For every dollar I put in, I'll be lucky if I get 10 cents back. And it's not just that I get a negative return on money that I make that is supposed to be saved for my retirement, but rather it's also that the government is so inept that they manage to turn my money into a negative return and they are so inept that my money is actually going to pay for someone who is retired right now.

The social security system as it exists today is a joke, and an expensive one. We owe tens of trillions of dollars in future obligations that there is no way in hell our government will be able to pay. So it is EXACTLY like a thief who tells you that if you put this much money in you'll get this great benefit in the future. Well, the thief is lying and so is our government, and you and I are paying the tab. Worse, our children and grandchildren will be paying the tab when this thing goes bust.
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