Or back down as they did when Bush tried?
2007-01-31 21:34:15 · 11 answers · asked by Anonymous in Politics & Government ➔ Politics
I doubt a solution will be presented. Each side will crap on the ideas of the other, so no matter what we are dead locked. Bush's new tax credit plan is pretty good, but I doubt the Dems will allow it.
2007-01-31 21:38:12 · answer #1 · answered by Jon H 5 · 0⤊ 0⤋
Only way to fix Social Security is to pass a bill restricting using it for other purposes. The Dems won't do that because they need the money for social spending and the Repubs won't do it because they need the money to fight wars.
What will happen is an alternate way to fund retirement would be devised most likely a private and people would be paying into both Social Security and the new alternative.
2007-02-01 05:45:40 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Excuse me. The Dem's have been elected, see November seventh. It's not about fixing social security, it's about the politicians using that money for other pet projects. Privatizing social security will not work and has the potential for devastating results. What if you had money invested in Enron for your retirement, where would you be now if you were seventy years old?
2007-02-01 05:55:57 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I know this sounds odd, but there are two ways to boost social security benefits for the future.
One is to stop using it at the federal level as extra money to fund other projects that you could probably do without or budget next year.
Two would be to have more children. The more children Americans have, the more workers for the future. On the assumption that workers today are paying the bulk of the SS benefits for those drawing them today, it would just show that there needs to be more workers to help pay for it.
Just a thought.
2007-02-01 05:53:41 · answer #4 · answered by ? 6 · 0⤊ 0⤋
The only way democrats can fix social security is to increase the tax, which is, of course, a trap, because the tax will run out in 20 years and we'll be back in the same situation.
2007-02-01 05:39:50 · answer #5 · answered by Anonymous · 0⤊ 1⤋
At this point in time there is no way of fixing SS because of the simple fact that there is too many people reaching the age of retirement and not enough people entering into the work force.
2007-02-01 05:49:19 · answer #6 · answered by Dwayne M 3 · 0⤊ 0⤋
What do you think, that's just election talk. Need a big BS detector. I'm all for shut the government down, run all of the politicians out of town and start all over, no kick backs no lobs. Run by the people and for the people!
2007-02-01 05:42:09 · answer #7 · answered by ULTRA150 5 · 1⤊ 0⤋
Screw Social Security. There is no way to keep your same social class after retirement if you do not commit to at least a 401k... People need to realize this.
2007-02-01 05:39:20 · answer #8 · answered by Anonymous · 0⤊ 0⤋
They were elected. And no, they are not doing anything. I guess they figure by 2040 [CBO number on when SS goes bust] SS will be someone Else's problem.
2007-02-01 06:21:41 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Either winner will fix it. Go lay back down.
2007-02-01 05:37:46 · answer #10 · answered by Anonymous · 0⤊ 0⤋