How Social Security Works
Social Security is an insurance program. Workers pay into the program, typically through payroll withholding where they work. They can earn up to four credits each year. Social Security[/indent]
Don't be obtuse. I can insure my future in
much more effective ways than giving that money to the government.
Given the fact I
have to give the government that money for "insurance," there are ways for both the mney and the administration of that money to be a profitable endeavor, not one chronically in jeopardy.
But that error alone is enough to derail your argument, but you probably don't care because you're more ideological than you care to admit.
Except 1) you haven't proven benefits will suffer nor 2 anything I actually posted incorrect.
Give this article
HERE a read.
Or this article
HERE, and notice how they spin the percentages coming out ahead (82-21%) and not reporting 18 to 79 percent
lose money. If you do a little research you'll also find most of these tax revenues get spent on Medicare, which is money that goes to the medical industry, not the SocSec citizen recipient. You're 72. Could you live on your SocSec? Had you invested that same money in money markets could you live on it? Which would be more likely the better "insurance"?
And you're still not addressing the original concern: the NYTiemes doesn't report anything but an announcement of consideration. Nothing has actually changed.
And you have not proven otherwise.
