Why do republicans think taking the gov. out of stuff like social security will actually help annyone?

Answer 1

It will help millionaires. The government owes Social Security billions and billions of dollars - that money having been spent to make up for lost revenues due to tax cuts for the rich.

The only way to pay that debt will be to increase regular taxes - Republicans would rather eliminate Social Security than repay the debt, mostly out of their own pockets.

It's like getting the government to close your mortgage company so you no longer have to make house payments each month - you keep the house but the mortgage company owners lose their money. Social Security is the mortgage company and its owners are retirees having paid into it all their lives.

Answer 2

I don't know of any republicans or anyone else advocating "taking the government out of social security". However, said government has totally screwed the social security program up and it would be very difficult for private enterprise to do worse. The mythical "social security lockbox" was emptied many years ago by making all the funds that were supposed to be allocated to it available to the general fund.

the only thing I have seen even remotely like what you suggest is that individuals have the ability to manage a measley 2% of the amount they contribute to social security in the stock market and even that in a tightly controlled way.

Answer 3

Sometimes it does help, but in the case of Social security, it will only damage things.

The typically Republican stance that 'private sector is always better' is not generally true. If it were really true, there wouldn't be any need for government at all, period, and they'd be out of a job!

The reason they think we should 'privatize' social security (aside from the legalized bribes they get, called 'lobbying'), is that you CAN get higher rates of return on the money that is in the SS trust account. That is true, but what is also true as a general rule is that with increased rates of return comes more risk. Well, it is not conscionable for a government to add risk to a program that HAS to pay out benefits upon retirement/disability. That is, you can't expect people to retire only once the market is moving in the right direction.

The argument is furhter weakened when you consider that you are free to invest your money in a myraid array of retirement programs, such as IRA's, 401(k)'s, 403(b)'s, annuities, pensions, etc.

Really the 'privatization' movement is one motivated out of a desire by Wall Sttreet to get its grubby hands on the TRILLIONS of dollars in SS money. They'd do anything to see this happen, and many unethical Republicans would love to do just that.

Answer 4

Excessive government interference in the lives of it's citizens is nothing more than paternalism. Paternalism is a system under which an aouthority undertakes to supply needs or regulate conduct of those under its control in matters affecting them as individuals as well as in relation to authority. The problem with this is two-fold. First, it assumes you do not have the capacity to reason and think for youself. Secondly, it is a control tactic designed where those under its control dare not question the authority of those in control. With less government, we as citizens maintain our autonomy. We decide what's best for us. Moreover, it prevent abusive governement practices like forcing parents to give the their girls the HPV vaccine, for instance. Furthermore, if government took its hands out of Social Security, maybe the generations might have something to look forward too. I hope this answers your question

Answer 5

They don't, really, they just can't get the support together to abolush stuff like social security. (They me even have forgotten that, as the supposed part of fiscal conservatism, they should be trying to get rid of such programs).

Answer 6

you know, I always say, you can fire the government from an agency, but once in the hands of private interests (whose primary interest is self, mind you) what to do?

they simply believe that anyone with an interest in making money is infinitely more qualified to do anything

Answer 7

It will help Wall Street and the rich. That's who they care about, despite their claim of being a big tent.

Answer 8

They have this silly belief that it is socialist and all socialism is bad. I can't wait till we start taking the gov't out of the fire dept. and privatize that.

Answer 9

Huh?! I'm a Republican and I don't know what you're talking about.

Answer 10

Because letting the government handle anything is like turning your paycheck over to your teenager and letting them manage the house. Chit goes to hell in a hand-basket in no time.