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Old 09-22-2009
Thematic-Device Thematic-Device is offline
Secretary of State

 
Member Since: Apr 2004
Location: CT
Posts: 5,723

United_States     Connecticut

Re: CBO: Social Security to Go Bust Next Year

Quote:
Originally Posted by Melanie View Post
So... basically... everyone should throw their money into a pit so that those that don't plan for retirement can get something? The government should tell people "we know that you have paid into the system all your life... but we squandered away the money so you can just go fuck yourself"?
No its that you have paid into the system which is there not to insure you not to benefit you but to insure the economy. The fact it helps seniors who have lost part of their retirement funds is merely a trait of the best way to insure that economy.

Quote:
How about if I am permitted to opt out of social security and invest my money where I see fit?
No, because if there is a recession you'll proceed to keep working past retirement because your plan was delayed by the economy. Because you don't leave, the person who was looking to take your job can't get his promotion so he stays where he is and down the chain until you get to a bunch of new entrants to the job market who can't get a job and this is a problem for governments.
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