Perry is STILL right: Social Security is a loser

[joeydb]

Originally Posted by Riot

Then it's a good thing Social Security isn't an "investment". Duh.



LOL - is this crazy loser for real? That's a totally false nonsensical statement, pretending there is supposed to be some return on the entire ongoing payings into SS in a lump sum. That's simply stupid. No, his math isn't remotely real or correct. The idiot doesn't even know how the program works. He just wants to get rid of it.

Is this subject really too hard for the average math-incapable American brain to comprehend? The very same thing has happened with Social Security over 40 times previously, it's something expected due to population variations in growth, etc., we look at short and long term welfare of the program regularly, and we will do what we have always done in the past to fix it and continue to make it the most reliable social program in the world (100% reliable) - give it a minor tweek.

The above is something expected post baby-boomers, and we'll adjust the program, as we always have previously when "the sky is falling!" was screamed by Republicans wanting to end this program. Geesh, is history being completely ignored?

Face it, Joey - Rick Perry is the candidate for those that though George Bush II was too intellectual.

It's either a retirement program (which always returns less than the principal invested) , or it's nothing but another tax.

And don't I have the right to expect something for my money? Do you realize how much more money any one of us can make by NOT having 16% forcibly ripped from our hands every pay period? With compounded interest? Hell, put it in the bank or gold or a utility stock if you're worried about risk. Diversify.

Senior citizens today, not in the 1930's, are in a predicament precisely because money was stolen from them all through their working years. If they did not have to pay into this fraud of a program, most would have money to burn, as they should have.

I have to point out: None of us have a "right" to retire. The decision to retire arises out of the math where you estimate how long, best case, you think you'll live, and determine given how much you've SAVED, if the money will last. If the numbers are in the right balance, congrats - enjoy the golden years.

Otherwise, you need to work. You do not have the right to someone else's money, or to be subsidized by the youth.