Liberals: Do you support the children and the working poor?

Question

If so, do you support social security reform?

-Social security taxes a higher percentage from lower income workers (13% on the first $90,000/year, 0% on income after that)

-By NO projection will there be enough for today's young workers to retire at a reasonable age. Today's children can just forget it.

-After 70 years, the government has zero dollars to show for this 'retirement account.' Private investments with interest would have doubled the principle at least four or five times - allowing a LOT more money to be available for those who need it AND it would provide capital & liquidity to the businesses that support us with jobs, goods, and services.

-Private retirement accounts are regulated by law and if a corporation treated it like our government treats social security, they would be prosecuted and have their assets seized (Enron)

So, do you support an abuse on the American working poor that is more horrific than any corporate corruption scandal, or do you support change?

Pink angel, until you can put away your partisan blinders, you are part of the problem and not the solution.

Please try to answer this apparently contradictory position of Democratic support for a failing tax scheme that puts a larger burden on the working poor and younger generations.

Blaming Bush for a 70 year old problem IS a part of the problem. I'm looking for real solutions, not finger pointing.

Answer 1

That is why I liked Al Gore's plan to increase the threshold. Or Clinton's plan to use half the surplus. Also, both of them wanted to keep the government from "borrowing" from Social Security. Something they keep doing and not paying it back. Both Clinton and Gore's plans would have made Social Security solvent for many, many years.

Answer 2

And I fail to see the relevence of your question when your economy crashes...it is already heading in that direction....then the only hope is that there is another Roosevelt to put Humpty Dumpty back together again...so hypothetically, the Social Security is invested into the soon to crash market, where does that leave the investor..Bush wants to invest SS into a market that the rich are already running from...ever wonder why the US dollar is falling so bad...time for intelligent people like yourself to look at socialist countries that mind their own business and have increasing funds to take care of their own..and may I ask one question: What policy has the bush et al group put forward that actually helps the average American?...why would you trust the likes of Cheney with the only future some Americans have.

Answer 3

I don`t understand why people in the government are allowed to barrow from social security in the first place, no wonder it will not be there for me as a safety net if my investments fail or I GET SICK!!!

Answer 4

Sadly, not many republicans want real SS reform. As such, we probably won't see anything positive done about SS; they'll just keep covering up the failings and shortcomings.

Answer 5

Yeah, we know the real truth, the real truth is you cons don't support the children and the working poor because you would have to give something up, and God forbid you should have to do that. Quit twisting things up and blaming it on the "libs"...put the blame where it belongs on the cons.

EDIT-I support change, children and the working poor. I agree, something needs to change and I am trying to do something different. Do you think I want to leave a mess for my son and future grandchildren? I have to pick my issues, there are too many that need to be fixed. I prefer to work on what's wrong right now, in order to keep myself from losing my mind. But I agree with you 100% I'm tired of my % going to a very unpopular war and not toward helping those of us at home.

Answer 6

You can't 'reform' a ponzi scheme.