T. A. Gardner
Serial Thread Killer
Quite frankly, who gives a shit?
If you are relying on social security for your income in retirement, then you are a goddamned idiot. It's that simple. Social security is like a retirement plan for the lazy, stupid, insane, incompetent, and other losers in society.
If that's all you have it screams What? Were you really too stupid to save for retirement?!
But the stupidity of social security aside, let's assume that society is going to force it on you anyway. Then, it should be run as a retirement system that pays its own way. That is, it invests in things like the stock market, bonds, private sector, and gets a decent ROI on those investments. It isn't a slush fund to pay for anything else government is doing, like it is now.
You pay in and you get back most or all of what you put in with the interest received.
401K's and IRA's work that way and smart people invest their own money into these to have a decent retirement. Why should social security be any different?
If you are relying on social security for your income in retirement, then you are a goddamned idiot. It's that simple. Social security is like a retirement plan for the lazy, stupid, insane, incompetent, and other losers in society.
If that's all you have it screams What? Were you really too stupid to save for retirement?!
But the stupidity of social security aside, let's assume that society is going to force it on you anyway. Then, it should be run as a retirement system that pays its own way. That is, it invests in things like the stock market, bonds, private sector, and gets a decent ROI on those investments. It isn't a slush fund to pay for anything else government is doing, like it is now.
You pay in and you get back most or all of what you put in with the interest received.
401K's and IRA's work that way and smart people invest their own money into these to have a decent retirement. Why should social security be any different?