And what do you propose for the people who can't afford to finance their own retirement? Bear in mind, these people will be in the majority. Would you have them fend for themselves? This is what we had before Social Security, when old people were literally starving.
We can still have social security, but not at the federal level. Too much corruption. Social security at the state level would be better, and allowing us who can manage our retirment would be best. I will not pay into a retirment system all my life when that system is just going to collapse right when I'm ready to get my money back.
Then what do I do. My government retirment was squandered, and because of the high taxes, I was never able to manage up enough money of my own for a happy retirement.
SS isn't broke yet, but one day it will.
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