Social Security is NOT a retirement plan

My rant on Social Security.

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[dmana3172]

I agree with you. However, Social Security is a program that pay incomes to people on the basis of retirement, survivor and disability. What's wrong with that?

[Eisenmond]

@dmana3172 - the problem I have with the system is that the government has raided the coffers. We have no money 'saved up' in the social security account. It has all been used as general funds by the government. The way the plan was designed was to, as a society, pay into a fund that would ensure that, at a minimum, people would be taken care of in the event of another depression. It should be a supplement to personal retirement, not your retirement plan!

[Lizi99]

hummm its called social.....people

security....safe....a safe plan for people.

And there is no garantuee that your job will be there tomorrow...or that you will have your health. Your money could disappear almost over night if you became injured or sick. I am glad you still have your American Dream. Millions and millions of people have seen their dream slip away. What is wrong with depending on the money we put into this program that was to benefit us in our golden years?

Lizi

[Eisenmond]

Lizi - the original billing of the plan was to ensure that elderly or jobless did not starve to death, as in the Depression. But it has been expanded to a social retirement plan, in which people are failing to save in addition to... mainly because we are taxed at a rate that doesnt allow further savings. The best thing for everyone is a government that withdraws from "securing" the people. The fed govt has a $2.9 Trillion budget... And with it, the power to coerce us with our own money.

[macintologist04]

I agree with you. The only Republican who is serious about this issue is Ron Paul. He wants young people to be able to opt out of Social Security all together. The other Republicans just want to "privatize it" which just means more government.

[cowboycarl04]

The only true Republican is Ron Paul... the rest are Republicrats...

people of the past spoke of the future when banks control the money supply, it's called the end of your country..... I invest all my money in gold, silver, oil, and Nigerian bank accounts and UK lotteries that I have won through email..

[pacoloco729]

true, it's not retirement,

but it is our money,that

we havea right to, 401ks

are a joke, however

[dmana3172]

@Eisenmond I see. Can you tell me how social security should be fixed?

[dmana3172]

@Eisenmond Social Security is something that reward people for working all those years. It's not a retirement plan, but it can help us in a sluggish economy we're going through right now.

[mongelongi]

@KripDrip

Is that important? What does his income and job title have to do with being a responsible American?

[mongelongi]

@shadydawg555

Glad SSI is a retirement plan for most??? Why do you think the program is going to go bust? People are DEPENDING on the plan instead of DEPENDING on themselves.

[mongelongi]

@twochordcool

It's unfortunate that because someone has views against a big government that you believe they MUST have been educated by a conservative talk show. And this is not the first time I have heard your style of statement... so can you tell me an original thought of YOUR own?

[tickyul]

@shadydawg555 Well, what would you do??? I mean, it should be past the point of throwing stones, is this how the USA deals with major problems now??? There is NO FUNGIBLE ASSETS in the SS trust fund, SS will regularly be paying out more than it takes in within a couple of years. The creeps we call leaders should stop acting like children and make true reforms.

[shadydawg555]

@tickyul Doesnt matter, the way it is looking, Obama seems to wanna cut Social Security period, so the unemployment rate will REALLY skyrocket!

Honestly, be glad SSI is a retirement plan for most people. More jobs for us.