2007-05-13 03:37:27 · 7 answers · asked by kullsands 1 in Politics & Government ➔ Other - Politics & Government
I'm not. Give me my damn money back so I can invest it for myself and make a lot more money.
2007-05-13 03:40:59 · answer #1 · answered by TheOnlyBeldin 7 · 0⤊ 0⤋
i thnk simply because it has not "hurt" them yet...we are used to having the 6.2% for s/s withheld from our pay...and in the back of our mind somewhere we believe this will be atleast a portion of what we should have when we retire...unfortunately in so many cases it is the only retirement fund many have....and until it comes time to draw or attempt to draw...it is not an issue...coures when it does become an issue sadly because we are old or can not speak loud enough no one who is not dealing with the same thing will be listening or taking a stand either...
i just don't get it myself...from the first penny you earned 6.2% you have paid and 6.2% your employer has paid...so now there is 12.4% of every penny you have ever earned from the day you started earing that has been withheld ...now think about if you personally had been able to put 12.4% into an account bearing interest continue putting into the account until you were 65...how much money would you have...
LOTS AND LOTS...and this is exactly what has been done we have put in and instead of growing it has dwindled...and no one seems to have aproblem with this...
i dont know i hope more ppl become aware and more ppl speak up and force something to get done!!!!
2007-05-13 05:47:03 · answer #2 · answered by kay 2 · 0⤊ 0⤋
it truly is the 1st time in history that this has been tried and not failed ...yet. in any respect different factors in history the corporation doing the undesirable corporation failed and all people else have been given lower back on the right music. do a sprint analysis on the excellent melancholy and the lost decade in Japan. whilst government starts proping up failing agencies it ruins the the remainder of the economic equipment for years yet to come again quite than the econmy bouncing lower back and the undesirable agencies going under.
2016-12-17 11:27:45 · answer #3 · answered by ? 4 · 0⤊ 0⤋
because social security is actually the best funded program with the least financial problems in government right now. Social Security will not reach the same problems that general government spending has until 2030 something.
2007-05-13 04:29:27 · answer #4 · answered by Anonymous · 0⤊ 1⤋
I am not, I argue with my representatives about it constantly, I want my money back, and I want out of the SOCIALIST ponzi scheme that commie FDR started.
If anyone pulled a ponzi like this anywhere else they would be behind bars for life.
2007-05-13 11:37:56 · answer #5 · answered by rmagedon 6 · 0⤊ 0⤋
It is a simple premise:
People will live in misery to have consistency. They are afraid to lose what they have, even if it is basically worthless.
You also have a lot of people who want their retirement taken care of with no effort or input on their part.
2007-05-13 03:41:48 · answer #6 · answered by Chainsaw 6 · 0⤊ 0⤋
it was working,until the government officials passed laws to feed off the Trillions in S.S.
That money was not to be touched,now to become insolvent.
2007-05-14 04:09:35 · answer #7 · answered by Anonymous · 0⤊ 0⤋