social secuirty

[gales0678]

How do we fix the long term underfunding problem of this entitlement program?


Do we raise the retirement age?

Do we raise the cap (i think you only pay on the first 97k of your salray) ?

Do we raise the percentage and leave the cap in place? I think the rate is 6.2% now what rate do we make

Do we offer younger workers the ability to invest some of the $ in the stock market?


Does anybody think that nothing has to be done and the current system in place is fine?

[Antitrust32]

eliminate it

[jms62]

Originally Posted by Antitrust32

eliminate it

Wow such a simple solution. How do you suppose we handle the millions of destitute people that become of eliminating social security?

[Antitrust32]

Originally Posted by jms62

Wow such a simple solution. How do you suppose we handle the millions of destitute people that become of eliminating social security?

dont really care. have some kind of grandfather clause. slowly eliminate it if thats what it takes.

its a huge waste of $ that the govnt is irresponsible with (just like all the other taxes we pay)

[joeydb]

Originally Posted by Antitrust32

dont really care. have some kind of grandfather clause. slowly eliminate it if thats what it takes.

its a huge waste of $ that the govnt is irresponsible with (just like all the other taxes we pay)

I agree, but more importantly it is a ponzi scheme, mathematically impossible to sustain, and should be eliminated on that basis alone. The political decision by FDR is not so sacrosanct that we must continue this madness forever. It doesn't wash.

[gales0678]

Originally Posted by joeydb

I agree, but more importantly it is a ponzi scheme, mathematically impossible to sustain, and should be eliminated on that basis alone. The political decision by FDR is not so sacrosanct that we must continue this madness forever. It doesn't wash.

joey , how about a solution to the issue? any ideas?

[clyde]

Kill everyone over 40.

[hi_im_god]

Originally Posted by gales0678

How do we fix the long term underfunding problem of this entitlement program?


Do we raise the retirement age?

Do we raise the cap (i think you only pay on the first 97k of your salray) ?

Do we raise the percentage and leave the cap in place? I think the rate is 6.2% now what rate do we make

Do we offer younger workers the ability to invest some of the $ in the stock market?


Does anybody think that nothing has to be done and the current system in place is fine?

it isn't a long term underfunding problem. it's a problem that exists temporarily while my generation dies off.

just wait.

[Danzig]

Originally Posted by hi_im_god

it isn't a long term underfunding problem. it's a problem that exists temporarily while my generation dies off.

just wait.

how long?






just kidding...but i was listening to a guy on the radio talking about the population, demographics, baby boomers, etc. it was interesting. the largest year group? people age 50. but the second largest year? age 20. i have noticed more and more that gloom and doomers get press, just like every generation tends to think the next one is dumber and we're all doomed.