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Politics : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?


To: Brent who wrote (22003)12/18/1998 12:46:00 PM
From: Les H  Read Replies (1) | Respond to of 67261
 
Social Security is not a social insurance since many of the people over 65 have sizeable assets. They've been described as the wealthiest demographic group in the US. They've also prescribed fixes to the Social Security program that would limit it to just a program for indigent seniors. The tax would be about 4%.

In an answer to your first paragraph, if you pay more taxes and choose to live in a portion of the city where such people live, yes, yes, and yes as a group. Not to mention better schools.

To summarize, Social Security is 3 part social insurance, 3 parts an under-performing annuity, and 4 parts a pot for politicians to raid to buy votes.