What would Republicans do for the old people and social security?

[Yell Out Yeah!]

what are their plans? do they still want them to invest into the stock market and take away social security?

[Daniel]

yes

[Daniel P]

Republicans is a very diverse term. You have the socially conservative fundamentalist lunatics, the bloodthirst neocons, and the fiscally responsible conservatives.

Unfortunately, this last faction is in danger of extinction.

[oohhbother]

yes - they just aren't saying so right now that an election is coming up. (It's what they mean when the say they will have a "long term fix" later)

And keeping Social Security for current retirees while letting the younger workers out is a lie - current Social Security payments to retirees are funded directly by present-day workers withholding. The trust fund is on paper only - a sham - and is part of the national debt.

The Republican plan for any Social program is "personal responsibility" otherwise know as "fend for yourselves". Of course, when markets crash that leaves the elderly where they were before Social Security - as stated on the US census - PAUPERS.

[che_obama]

they never proposed that. They proposed giving younger workers the option of investing AND KEEPING a portion of their SS, an option I would jump on..

Honestly, if your a black male, this is a no brainer. With average life expectancy of 68 years, you are essentially paying into SS for someone else's benefit. if you were allowed to grow wealth outside of SS for 48 years (tax free), you would have something of substance to pass on to your spouse and your children at the time of your death.

Do the numbers. The market has outperformed the return on SS for every single 20 year period in the history of the program, and under Bush's proposal, the account and the wealth within it belong to you.

[LibertyLover101]

As a Conservative ( Not a Neo Con ) I believe older people who paid into to it must continue to get it back until they die. But it should be fazed out as it is not consistent with the role of Government in a free society. Younger people should at least have the option to opt out of this Ponzi scheme.

The way to pay for it is to get government back to it's constitutional role. If all the military bases overseas were closed that in itself is over 500 BILLION a year. This would help sure up the money to pay back the people from whom it was taken from.

After that most Federal agencies should be closed is not outlined in the Constitution. This means leaving the majority of the power to the states. And even better if at the local level.

A change in what the governments role should be has to happen in order to right the ship. But as long as Americans think the government should police the world and take care of everyone cradle to grave....It will never change. We will run massive deficits until the dollar eventually collapses.

[John Molester]

Since you seem to be right on top of the Republicans policy and I will bet you support the Presidents and Democrats "Tax Cut" Am I correct? Well between the "tax cut" and the Obama Care both CUT Social security the "Tax Cut" is a reduction in the amount we pay into Social Security and the Health care boondoggle take 5 billion from medicare and WHO IS SUPPORTING THIS LEGISLATION "CLUE" IT IS NOT REPUBLICANS

[DaveG53]

Republicans would privatize social security. Therefore, all your contributions would be subject to the ups and downs of the stock market.

As you can see from recent years, that would allow most people who paid into social security to be able to make new friends while standing in the food stamp lines, an afford a new home (cemetary plots are only about $250)

I foolishly decided to invest in the stock market 14 years ago. I had an advisor and also did my own research and invested accordingly. Turns out most of my research had been fabricated by the company execs and I was defrauded of about $30,000 of my hard earned income. Six companies that I lost this money in were indicted and convicted of corruption and fraud, and that is where it ended. The government took their share of any remaining funds in fines, the lawyers took their share to prosecute and we the defrauded investors got $0. So, if republicans still insist on privatizing social security I recommend a long vacation in a nice warm place, like HELL!

[Maximus]

Look back about twelve months ago and at Paul Ryan's proposed budget plan, he wanted to bring down top tier taxation down to 25%, and in order to pay for that drastic changes would be made in social security, handing the whole thing over to insurance companies and into the form of a voucher system!!!

The thing you have got to ask yourself is, do you trust them, and do you trust insurance companies to run things efficiently, or is as even Gingrich called it ''right wing social engineering!'' whereas Mr 13.9% taxed Romney called it a bright ambitious plan!

What evidence is their that trickle down economics works, Bush brought top tier taxation down to its lowest in 2001, and it couldn't be paid for!!! all it did was add to the deficit!!!