What is the full story with Social Security?

Question

I am doing a project on Social Security and I need to know why it could be gone some time in my lifetime (im 15). I've heard that it is crazy *** Hillary that wants to screw over us younger people...

Answer 1

Social Security will be gone because too many people believe they're 'entitled' to benefits just because they 'paid into it'. Social Security was intended as an insurance program for people who were destitute when they reached their golden years. Instead, you have people in their 60's who are still able to work; still own businesses; have rich investment portfolios; own their home free-and-clear; take lavish vacations; drive two luxury cars; have a time share of vacation home; and have hundreds of thousands of dollars in the bank - and they apply for a Social Security check that only serves to complement their already-gluttonous lifestyles. -RKO- 11/08/07

Answer 2

Being a "general fund" the money paid in has piled up and been spent by our oversized government.

From the beginning, the funds should have been untouchable.

Ron Paul has proposed ways to allow YOU to not pay into social security once you begin to work, and offer you a savings account (which the government cannot touch) of which you can pay into and retire on, or withdraw at any time.

Right now, if things remain as they are, when you work, you would pay in, but NEVER get social security when you retire.

If we cut other areas of government back to a manageable size, we could have the funds to hold social security. But the main thing needed is reform for you (the future).

Read some of Ron Paul's books (linked to free pdf books) on my profile if you want to pack that young brain full of knowledge that will help you thru school.

Answer 3

Don't blame Hilllary. The Republicans are the ones who have been "borrowing" from it for decades now, starting with Ronald Reagan. The trouble is that it isn't borrowing if you have no plan to ever replace what you took out. The Republicans are trying to dupe their supporters into believing that there's a magical endless source of money to fund everything without raising taxes, but the vast majority of the dollars they spend are borrowed from Social Security, the Federal Reserve, and various foreign countries. Eventually there will be nothing left to borrow, and Social Security will more than likely be the first casualty. Stop listening to propagandists like Rush Limbaugh and do a little research and you'll see that it's true. The Republicans have let all of us down.

Answer 4

Actually it is the republicans who want to do away with social security.the democrats are the ones who set it up during the great depression on the 1930's.Republicans have been borrowing from the SS fund for years and giving as many tax cuts as they can......thus showing they have no regard of the elderlys well being!

Answer 5

in case you recognize the state in which your grandfather died, for a small value you could keep on with to that state's Bureau of significant information--sorts will be stumbled on on line--and ask for a replica of his demise certificate. you should do it as a grandchild, or report it on your father, in his call. you'll favor as a lot information out of your dad as he's familiar with. in case your grandfather died contained in the most suitable 50-60 years, you'll have a good threat of having a demise certificate. many times, the middle call is spelled out. on the certificate is also different effective training, which includes position of demise(city, county, state, well being middle), date of demise, father and mother of the deceased or perhaps position of beginning. Even surviving important different is sometimes indexed besides because the attending well being care specialist, sometimes. reason behind demise is blanketed yet some states would no longer reveal that component to the certificate. once you get that training, you could then flow searching for an obituary. Many public libraries have relatives tree sections lately and volunteers spend a great lot of time culling the former newspapers on report, for obituaries and then putting them on microfilm. Obituaries frequently list survivors and if there's a surviving important different. some even will state "predeceased through mom--father--brother, and so on". Going to the 'telephone e book in that section ought to help music down lots of the survivors named. Having his SSDI information ought to purely inform you what state he died in and infrequently the county or city--and that is about it so it really is no longer the position you want to flow for the most volume of training. once you locate out if this human being is somewhat your grandfather, then you could start checking census comments around the area he died in. in case you locate him in them, it is going to list important different, a threat little ones if he had any on the time and the states the position he and his important different were born besides because the states the position each and each and every of their father and mother changed into born--it oftentimes also lists occupations and residential addresses. it ought to factor out even if his important different changed into his purely one or if there have been others, his age, her age and a lengthy time period of little ones on the time the census changed into taken. Going to and LDS section library can help you with multiple this training, also. Get prepared and good success