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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (103666)10/30/2011 8:28:29 PM
From: RetiredNow  Read Replies (3) | Respond to of 149317
 
Hi Koan,
I know. I'm with Ron Paul on this one and actually think we need to get rid of Social Security and Medicare. They aren't sustainable systems and they are bankrupting this country. I'm ok with them fixing those systems to tie the individual's contribution to an account in their name. But I have never been for and never will be for a system that steals from one person to give to another. If we want to mandate retirement savings, I'm ok with that too, but tied those savings to a person's social security number.

Sorry, Koan, but as I've always said. I've always been a fiscal conservative. Just because I agreed with Obama on many things, including bringing the troops home, renewable energy, and in general his foreign policy, doesn't mean I've ever agreed with the Dem ideas for Social Security and Medicare.

Roosevelt himself would rollover in his grave if he could see the monster he created. When he created Social Security, people retired at 65 and died a couple years later. He never envisioned a system that allowed people to retire at 65 or 67 and then get payments for the next 20 years. This system is out of control. We either need to limit payments to just 2 years or dismantle it and start from scratch with something new. Roosevelt didn't intend for the system to grow to the all consuming disaster that this thing has become. If left unchecked, it will destroy the lives of two generations to come in order to pay benefits far in excess of contributions to the Baby Boomers retiring over the next decade or so.
That's just not fair to future generations.