Perry is STILL right: Social Security is a loser

[dellinger63]

Originally Posted by Riot

I got whiplash trying to follow.

Why don't you post a link, and start a new thread?

it's really not that complicated, trust me.


Unless there is a special giveaway tax I haven't heard about, SS taxes are providing at least part of the cash for this newest sweepstakes giveaway. Again social security doesn't add to the debt but using SS contributions for BS programs certainly does. The only way to keep a politician (either party) from spending is to limit their spending money. Privatizing or at least privatizing management of individual accounts would do wonders in keeping SS cash out of the politicians' (both parties) hands. As we preach the 10% savings rule we also preach having a diversified portfolio of investments. Having 100% of the portfolio, in one investment, in the form of IOU's is ludicrous in the world of responsible and mature.