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Why does Sharron Angle running against Reid want to privatize Social Security and raise the retirement age?
10-13-2012, 10:49 AM
Post: #15
 
As it sites right now, Social Security is a government piggy bank that has been completely emptied and filled with IOUs. Exactly how is privatizing it going to hurt? The money we've put in is already gone. They like to talk like it's expected that incoming payments are to pay out the people currently receiving Social Security, but that's not at all how it was designed to work. The money someone paid in should already be there for their retirement.

So considering that $0 of my Social Security payments are left, how is privatizing it going to hurt? Can you really end up with less than $0 left of an investment?
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Messages In This Thread
[] - Me - 10-13-2012, 10:49 AM
[] - King Harry - 10-13-2012, 10:49 AM
[] - Scott - 10-13-2012, 10:49 AM
[] - Brian - 10-13-2012, 10:49 AM
[] - Flower - 10-13-2012, 10:49 AM
[] - adeline - 10-13-2012, 10:49 AM
[] - grandma zaza - 10-13-2012, 10:49 AM
[] - Uncle Pennybags - 10-13-2012, 10:49 AM
[] - WRG - 10-13-2012, 10:49 AM
[] - Baroccoli - 10-13-2012, 10:49 AM
[] - highnest725 - 10-13-2012, 10:49 AM
[] - Bell Sound - 10-13-2012, 10:49 AM
[] - El Tecolote - 10-13-2012, 10:49 AM
[] - kpk02 - 10-13-2012 10:49 AM
[] - Redjr01 - 10-13-2012, 10:49 AM

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