No. Social Security works fine as long as it is operated as it was designed...
What keeps happening is every time a Republican is president, he has ran up the deficit to high that he has to use the Social Security fund to compensate for it.
Remember is 2000 when Gore kept talking about a 'lockbox'... what he was talking about was the concept of making social security funds untouchable so they can be used as they are suppose to be.
2007-10-07 17:51:40
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answer #1
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answered by BeachBum 7
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Social Security is good as long as it is run properly because it enable people to get some benefit from the taxes they pay for that. On the other hand, if all of our elected officials were on Social Security rather than civil service and had to abide by the rules of Social Security - no benefits paid until the Social Security retirement age, for example, there would be no problems with Social Security and it would work more efficiently.
2007-10-03 18:25:27
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answer #2
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answered by Al B 7
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No, The problem with social security is that there is more people on it then working. I hate to say it because I'm still a long way before collecting but the social security tax is going to have to go up to support the people who are currently on and the baby boomers coming on. The goverment knew this problem was coming a long, long, long time ago but nobody did anything about it. Plus they even added benefits that were never met to be cover by social security.
2007-10-07 17:45:21
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answer #3
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answered by Anonymous
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No, they should not.
Social security is as valid a concept today as it has ever been, it is weakened by the 'baby boomers' after world war 2 there was a spike in the U.S. population, my grand parents generation had more children than their parents generation and more than their children's generation....
There are simply more people drawing on social security than contributing. And I point out that is due to working age and population, NOT work ethic or compliance with tax laws
2007-10-03 18:34:43
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answer #4
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answered by in pain 4
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No, and you wouldn't be asking this question if you were approaching old age/retirement.
2007-10-03 18:34:28
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answer #5
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answered by Anonymous
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