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re: Social Security - Help me understand better
Posted on 2/8/23 at 12:05 pm to FMtTXtiger
Posted on 2/8/23 at 12:05 pm to FMtTXtiger
quote:
Reading the rules, Im trying to understand why the program can't be better or terminated/transferred into other things now that roth and 401k programs are so mature without effecting certain people.
This was the only thing Republicans ever floated changing about SS. They were simply for giving people the option to opt out and have those funds diverted into their own type of investment.
On cue, the Democrats started the "They're going to take your SS away"
Democrats are, and will always be, big government. Making that change takes power and control from Congress and the US Government. Something they will never stand for. Democrats love Big Brother telling them what they need.
Posted on 2/8/23 at 2:18 pm to riccoar
quote:
This was the only thing Republicans ever floated changing about SS. They were simply for giving people the option to opt out and have those funds diverted into their own type of investment.
On cue, the Democrats started the "They're going to take your SS away"
Democrats are, and will always be, big government. Making that change takes power and control from Congress and the US Government. Something they will never stand for. Democrats love Big Brother telling them what they need.
Again, there is NOTHING keeping anyone from saving for retirement...in fact it is encouraged and advisable. Social Security was never intended to be a private investment account it was meant to be a social contract from one American to another that when they become too old to earn a living, if they should become disabled or orphaned, they would have a modest income to live on with some measure of dignity. 80-90% of Americans like this concept...they are fully on board. Only a small % are so hard hearted that they would eliminate that tiny sliver of human decency from one citizen to another without bankers or even politicians involved to the extent they can be kept the hell out of the loop. Social security has been a SMASHING success in every way imaginable and is one of the few things in the US that is almost universally seen as a net positive....and politicians can not stand to think that there is anything other than them that can bring people together to that extent and, unfortunately, we can depend on their lapdogs on the left and the right to villify the single most succesful piece of legislation ever passed in the United States.
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