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No, It’s the American Worker’s money that became the American Government’s money.Thank Abraham Lincoln for starting that course of our lives, civil war notwithstanding.
@7:20Your statement is true, only if the Koch, McConnel, and Ryan types ever accomplish their goal of cutting or eliminating our Social Security benefits. Otherwise, it is an excellent benefit value to Americans, individually and as a society.
And employers money, but nobody ever thinks of that part do they?
Unfortunately the social security system was designed as a pay as you go system and not as a forced savings program.Workers would get higher returns if their money was kept in a separate account and used to buy treasury bills.Then the gov could just create a program, paid out of general funds, to deal with untimely deaths and disability.Problem is that it is almost impossible to change this system now that it is in place.
No, It’s the American Worker’s money that became the American Government’s money.
ReplyDeleteThank Abraham Lincoln for starting that course of our lives, civil war notwithstanding.
@7:20
ReplyDeleteYour statement is true, only if the Koch, McConnel, and Ryan types ever accomplish their goal of cutting or eliminating our Social Security benefits. Otherwise, it is an excellent benefit value to Americans, individually and as a society.
And employers money, but nobody ever thinks of that part do they?
ReplyDeleteUnfortunately the social security system was designed as a pay as you go system and not as a forced savings program.
ReplyDeleteWorkers would get higher returns if their money was kept in a separate account and used to buy treasury bills.
Then the gov could just create a program, paid out of general funds, to deal with untimely deaths and disability.
Problem is that it is almost impossible to change this system now that it is in place.