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Politics : The Citizens Manifesto -- Ignore unavailable to you. Want to Upgrade?


To: SilentZ who wrote (133)6/16/2005 9:49:08 PM
From: RetiredNow  Read Replies (1) | Respond to of 492
 
If they don't work for long periods of time, then they aren't contributing, which means their total retirement amount will be less when they reach retirement age. However, the money won't run out, because part of my plan is for the account to send monthly payments in an amount supportable by the principal at retirement age, for the rest of their actuarial lives. However, that's not much consolation to someone who ends up with a low principal balance because they didn't work very much during their life.

I'm not too concerned though, because frankly, I don't want to live in a country where I or my family have to contribute to the welfare of deadbeats. If you work, then you will have a good retirement. If you screw around your whole life, then you are in for some hard knocks when you are old. Tough.



To: SilentZ who wrote (133)6/17/2005 3:30:55 AM
From: Amy J  Read Replies (1) | Respond to of 492
 
Corporate policy would probably have to change, to avoid the problems you are correctly illustrating.

People shouldn't be penalized for going to school, looking for a job, or for raising kids. For starters, corporations should make it acceptable for people to work and raise their kids at the same time - look no further than how Israel does it excellently so - Israel probably has the best flexible global work/raise kids policy in the world. It's a country where people aren't forced to quit their jobs, they can keep working, due to their country's corporations' approach. I'd like to see corporations in the USA adopt the Israeli corporate style. They have very competitive companies too, so their approach hasn't slowed them down at all.

Am not in favor of the socialistic approaches in Europe, namely because it has slowed their corporations down. So I prefer Israel's approach. Israel is a very competitive country yet family (and friends) are important, they have a creative corporate approach to the problem that doesn't drag the system down.