who's fixing social security?

Question

of the candidates for president, r or d, do any plan on fixing social security and if so who.

All I want is a name please.

Answer 1

Ron Paul

His plan:
"We’ve all heard proposals for “privatizing” the Social Security system. The best private solution, of course, is simply to allow the American people to keep more of their paychecks and invest for retirement as they see fit. But putting Social Security funds into government-approved investments could have dangerous consequences. Private companies would become a partner of sorts with the government. Individuals still would not truly own their invested Social Security funds. Payroll taxes likely would be raised to cover payments to current beneficiaries, as the President alluded to when warning us that fixing Social Security would be “costly.”

Furthermore, who would decide what stocks, bonds, mutual funds, or other investment vehicles deserve government approval? Which politicians would you trust to build an investment portfolio with billions of your Social Security dollars? The federal government has proven itself incapable of good money management, and permitting politicians and bureaucrats to make investment decisions would result in unscrupulous lobbying for venture capital. Large campaign contributors and private interests of every conceivable type would seek to have their favored investments approved by the government. In a free market, an underperforming or troubled company suffers a decrease in its stock price, forcing it either to improve or lose value. Wary investors hesitate to buy its stock after the price falls. If a company successfully lobbied Congress, however, it would enjoy a large investment of your tax dollars. This investment would cause an artificial increase in its stock price, deceiving private investors and unfairly harming the company's honest competition. Government-managed investment of tax dollars in the private market is a recipe for corruption and fiscal irresponsibility.

The Social Security crisis is a spending crisis. The program could be saved tomorrow if Congress simply would stop spending so much money, apply even 10% of the bloated federal budget to a real trust fund, and begin saving your contributions to earn simple interest. That this simple approach seems impossible speaks volumes about the inability of Congress to cut spending no matter what the circumstances."

source:
http://www.lewrockwell.com/paul/paul215.html

Thank you for the question!

Answer 2

Here's how to do fix it and help the environment at the same time. Start 401-k accounts starting at birth. We already know that interest bearing accounts work best along with the element of time. And who has more time than a baby? Lets require parents to contribute 3 percent of their income towards each of their children's 401-k. We'll call these accounts Spring Board Accounts because a percent of it can also be used for college and another percent for a down payment on the child's first home. After that its just a race to retirement. Perhaps, Grandparents as well as anybody else could be allowed to contribute to a child's Spring Board account too. With this method of fixing social security (as though there is a problem) parents will have to be careful as to how many children they have. This will help keep the population down and our government will not have to worry about its aging population ever again.

Answer 3

I have no idea and they don't either.We are in an election year, so they sure cannot deal with int now. then after that you will have the normal accusations of voter fraud (with good reason, but only if a Republican is elected), then once the president is in the "house", he will then have a honeymoon period, where certain 'pork" bills will pass, then it's back to business.

By "business" I mean getting lobbyist money. I will not mention her name, but how could a Jr. Senator be bringing in more lobbyist money than the rest on the democratic side? I mean at the top voer $450,000. most old timers don't bring that in. I read this in the book Outrage by Dick Morris and he has all the documentation with sources. There are also watchdog groups that watch this kin of thing, but really could someone who has been in office for a short while and abringing more money than the rest really be looking out for Americans or themselves.

As far as Social Security they don't have a clue. Will have t get the money from somewhere, but where. The taxation of the rich with the "estate tax" deal is a joke, they allow them a few more million, but once the atorneys and CPAs are done an estate of 6 million might pay taxes of $40,000. jWhy you ask, because they rig the numbers and discount things and instead of the IRS going after them they jump on the "man" me and you. This is a dumo and repo deal, don't let them snooker you.


One day after the 60 million "instant" Americans are given amnesty, then is when ou will here them fake frekin out, since that will be the "straw that broke the camels back". Take care.

Answer 4

The only hope for a FIX or any SS is to vote for the Republican Nominee!

Answer 5

Ron Paul

Answer 6

One of the problems with SS is, The Senate and the House have been given IOUs to SS for going on 30 years now and have yet to put any of the money back into it.

But none of the money is being use for the war.

As for a name, right now, none of the above. Or, should I say that I haven't heard of any.

Answer 7

Ron Paul.

Answer 8

Ron Paul.

Answer 9

There is not a problem just a bump in the snake from baby boomers. When I retire SS will just pay for for-profit health care.

Answer 10

I think it's a generational problem. No politician on either side will properly address the problem. People from the Hillary/Rudy generation just don't get it.