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re: If social security is doing so great why do we now need myRA?

Posted on 12/28/14 at 12:46 am to
Posted by SpidermanTUba
my house
Member since May 2004
36128 posts
Posted on 12/28/14 at 12:46 am to
quote:



Everyone seems to conveniently forget this for some reason.


What people seem to conveniently forget is the money to pay their benefits has to actually come from somewhere. Eliminating Social Security in whole or in part removes the income stream that pays those benefits - yet no one who supports eliminating or reducing SS seems to care to explain how that gap is going to be filled.
This post was edited on 12/28/14 at 12:47 am
Posted by CollegeFBRules
Member since Oct 2008
24272 posts
Posted on 12/28/14 at 5:40 am to
quote:

What people seem to conveniently forget is the money to pay their benefits has to actually come from somewhere. Eliminating Social Security in whole or in part removes the income stream that pays those benefits - yet no one who supports eliminating or reducing SS seems to care to explain how that gap is going to be filled.


Did you even discuss why the system is insolvent? I have no problem with moving the eligibility age, but let's not act like the government didn't squander the trust fund.
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