Perry is STILL right: Social Security is a loser

[joeydb]

Originally Posted by Riot

That's one opinion.

Another is that no, the program doesn't "suck". It's the most successful social program ever, 100% reliable, has kept millions out of poverty.

This society takes care of it's elders. You don't approve, well, the Supreme Court long ago ruled "too bad" for those that share your opinion. You have to pay in.

That's what living in a democratic Republic entails as your responsibility.

The program does exactly what it was designed to do, and does it very well, and will continue to do so for the next several decades.

You are free to save the 10% you should be saving out of your take home pay on your own, like all responsible people. SS will then only be a just-in-case fallback check by the time you retire, as it is intended to be. You know, like for the folks who had their private retirement funds decreased by 25-30% over the past 10 years. Devastating, when you've worked your whole life, but market crashes and housing crashes ruin one's planning and saving. Good thing this country, like other first world countries, has a social safety net for our seniors.

You're making my point by calling us a "Democratic Republic". Just like East Germany was, huh?

Nice of you to let me save ANOTHER 10% in an attempt to undo the lack of yield from Social Security.

As for its success - yeah - it's successful in keeping people in line, voting for Democrats to "protect" the program. That is exactly what it was designed to do.