The democrats, FDR led them, stuck with this program with a retirment age of 65. At the time, very few people reached that age and those that did rarely lived long past that age. It is a Ponzi scheme and requires a very high, ever increasing birth rate to support it. We must stop it. It is idiotic wealth redistribution. Another example of many failed goverment programs that could never help us. I am decades away and up for a struggle to right a cynical wrong.
2007-12-20 12:58:46 · 8 answers · asked by julio_slsc 4 in Politics & Government ➔ Politics
No matter what, a complete overhaul of the system is necessary. I agree that as is, social security is extremely flawed. Whether or not we get rid of it and start from scratch is another story. We've already invested so much and to just up and get rid of it would be pretty confusing for all involved.
I'm worried by the time I retire there won't be any benefits for me or anyone else my age just like you, but to blame it on bureaucrats and politicians of a past time isn't going to help. At the time it did work and
2007-12-20 13:03:52 · answer #1 · answered by xzorion54 5 · 1⤊ 2⤋
Social security was signed into law 1935
The life expectancy of an American in 1938 was 64 years of age.
In as early as 1900 50% of all children born could reasonably expect to live until age 50. big difference between 1900 and 1938.
In 1938, if a person reached 64 years of age, they could expect to live another 15-18 years beyond 64, and had a 50-50 chance of being completely broke by age 65.
So tell me, what is wrong with it again?
2007-12-20 13:18:34 · answer #2 · answered by avail_skillz 7 · 0⤊ 2⤋
Good luck Pal. I'll bet you can't stop it. Why not save Social Security by means testing it. If we stop giving it to millionaires we can save money.
I suppose we could go back to the "good old days" when old people sold apples and sang on the street corner for money to eat. I'm not much of a Christian, but that goes against everything I believe.
2007-12-20 13:02:06 · answer #3 · answered by Zardoz 7 · 4⤊ 0⤋
so you don't want our seniors to receive a check that covers their monthly expenses and a basic healthcare program to cover their expensive medications? So you think that, even though they contributed--and we contribute---all of their lives to this fund, they should be cut off and have to work until they die? At what point does the plan stop....what about all we have already contributed?? Do we get that money back so that we can invest it elsewhere?
2007-12-20 13:05:46 · answer #4 · answered by Anonymous · 1⤊ 1⤋
I don't see too many republicans stepping up to put a stop to it. They won't, the 65 and over crowd is their voting base.
2007-12-20 13:05:15 · answer #5 · answered by beren 7 · 4⤊ 2⤋
and how would you suggest the over 65 support themselves....as they have all payed lots.....and lots....into this program for years and years. shall we just take everyone over 65 out and hang them.... or what is your suggestion
2007-12-20 13:09:52 · answer #6 · answered by vi 4 · 2⤊ 1⤋
so take away ss from old people,cripples,mentally ill people and their kids? sorry but i pay taxes too and i want something good to come out of my taxes...
do you consider yourself a christian?
2007-12-20 13:09:17 · answer #7 · answered by moderation 2 · 2⤊ 1⤋
If we are all lucky you will pay in allyour life and when you retire they will cancel it.
2007-12-20 13:05:16 · answer #8 · answered by DonPedro 4 · 1⤊ 1⤋