Social Security is a tax. So forget about having your name on it. 2) McCain still collects Social Security even though he has 7(?)homes. 3)Social Security is solvent for the next 20 years thanks to a Payroll tax raise by Reagan 4)It's Medicare that's the prob. 5)Moore is fullO'Shit
Umm, no. Social Security is headed for a rough stretch not the least of which was instead of the surplus going into Al Gore's "Lockbox" Bush spent it off budget so as to not make his deficits seem as bad as they were. Sometime in the future but I think it's past 2014 outflows will be greater than inflows, and this issue will have to be addressed, perhaps by a 10%-20% reduction in benefits. Situation is not so dire as SS will implode, though my cousin Stephen Moore sad to say would like that.
I would suppose that you know that the present crisis is temporary and that we will see America's prosperity increase once again much as we have in every crisis. What is so bad about reforming social security? Would you perfer that we remain within the ponzi scheme we are currently in? Given a nickname like "traderchris", I am guessing you are at least somewhat knowledgeable about economics. As such, I am guessing that you also know that in 2014, the game is up. No more funds for Soc Sec.
The Social Security Lock Box should have my name on it instead of the collective name. The government can make more money honorably by transferring my 15% contribution out of the public treasury and into the private sector where it will grow the economy, increase jobs and pay wages, provide all those that participate with high quality healthcare and a private education while increasing tax revenues and reducing the size of government. In other words demonstrate a faith in America
no,this is a much better deal for the sotck market,not the common American worker. It forces people to invest into stocks. If they stopped taking money out of SS and get rid or the cap on the SS tax it wouldnt be a problem. A theroetical promblem in 60yrs is not proof of anything. If they want to give more money back to the people then they should stop taking income taxes out of peoples pay checks which the supreme court has ruled on about 8 times now as not being a legitamate tax.
Social Security is a tax. So forget about having your name on it. 2) McCain still collects Social Security even though he has 7(?)homes. 3)Social Security is solvent for the next 20 years thanks to a Payroll tax raise by Reagan 4)It's Medicare that's the prob. 5)Moore is fullO'Shit
Zakdayak 2 years ago
Yawn.
tradercris 2 years ago
Umm, no. Social Security is headed for a rough stretch not the least of which was instead of the surplus going into Al Gore's "Lockbox" Bush spent it off budget so as to not make his deficits seem as bad as they were. Sometime in the future but I think it's past 2014 outflows will be greater than inflows, and this issue will have to be addressed, perhaps by a 10%-20% reduction in benefits. Situation is not so dire as SS will implode, though my cousin Stephen Moore sad to say would like that.
tradercris 2 years ago
I would suppose that you know that the present crisis is temporary and that we will see America's prosperity increase once again much as we have in every crisis. What is so bad about reforming social security? Would you perfer that we remain within the ponzi scheme we are currently in? Given a nickname like "traderchris", I am guessing you are at least somewhat knowledgeable about economics. As such, I am guessing that you also know that in 2014, the game is up. No more funds for Soc Sec.
IguanadonBlues 2 years ago
Hey Ref'S'S now that the dow is of 50%+ since you posted this, still think private accounts are tha answer?
tradercris 3 years ago
he is my uncle
pucks214 3 years ago
this guy is just as smart as brittney spears.
garyowen4ever 4 years ago
The Social Security Lock Box should have my name on it instead of the collective name. The government can make more money honorably by transferring my 15% contribution out of the public treasury and into the private sector where it will grow the economy, increase jobs and pay wages, provide all those that participate with high quality healthcare and a private education while increasing tax revenues and reducing the size of government. In other words demonstrate a faith in America
ReformSocialSecurity 4 years ago
Kill socialist security and let people decide if they want to invest, spend, or burn it. That's what freedom is.
FafyrdGir 5 years ago
no,this is a much better deal for the sotck market,not the common American worker. It forces people to invest into stocks. If they stopped taking money out of SS and get rid or the cap on the SS tax it wouldnt be a problem. A theroetical promblem in 60yrs is not proof of anything. If they want to give more money back to the people then they should stop taking income taxes out of peoples pay checks which the supreme court has ruled on about 8 times now as not being a legitamate tax.
Aaron518 5 years ago