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 : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Nadine Carroll who wrote (252681)12/30/2007 7:13:34 PM
From: Bearcatbob  Read Replies (2) | Respond to of 281500
 
Nadine - it has long since failed to be an insurance policy.



To: Nadine Carroll who wrote (252681)12/30/2007 7:34:03 PM
From: Katelew  Respond to of 281500
 
I totally agree with you, Nadine.

It's bad enough that 'people of means' have to pay back part of their social security in taxes.



To: Nadine Carroll who wrote (252681)12/30/2007 11:25:45 PM
From: Peter Dierks  Respond to of 281500
 
"It would kill the general public support for Social Security by changing it from an insurance program to a welfare program. The non poor would very justly point out that they had spent their whole working careers being forced to pay ever heftier chunks of their wages to a program that was promised to them as insurance ..."

You have an excellent point. We need to focus energy on making this happen. It is probably the only way we stand a chance of dismantling this socialist program.

IMHO every person who accepts responsibility for their own actions is already saving for their retirement in multiple accounts including IRAs and other defined contribution plans.