Why does Sharron Angle running against Reid want to privatize Social Security and raise the retirement age?
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10-13-2012, 10:49 AM
Post: #11
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Privatizing Social Security would keep the Government from dipping their hands into the chest that you've been putting into. Raising the retirement age when people are living longer makes sense.
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10-13-2012, 10:49 AM
Post: #12
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Lets review:
The Social Security "lock box" is empty, stuffed full of IOUs by Tip O'Niel back in the 80's I'd rather plan my own retirement, If that is beyond your capability then please, get a clue |
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10-13-2012, 10:49 AM
Post: #13
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Well put.
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10-13-2012, 10:49 AM
Post: #14
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You're another one who is going to be surprised and bewildered when the GOP kicks the Dems' butts out of Washington on a rail come November.
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10-13-2012, 10:49 AM
Post: #15
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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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10-13-2012, 10:49 AM
Post: #16
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She obviously isn't planning on winning. There needs to be reform for senior citizen entitlements but privatizing the entitlements isn't the way to go. If they raise the retirement age, there will be a larger welfare class. Not many people, especially in construction, are productive in their late 60's and 70's. A do nothing politician can hold the job forever since they do nothing. Therefore, I don't listen to a politicians argument as to why the retirement age should be raised. The reform could be a simple as making a constitutional amendment that the SS fund cannot be touched other than to senior citizens that paid into the fund. This way, the money won't be pissed away by politicians.
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