Would a phase out of social security be viable?

Boy that would be a rough deal for anyone not grandfathered in

Not realistically possible and it would just be re-instituted at some point. Fruitless sword for fiscal conservatives to die on.

If you haven't contributed any money into SS by working, then you shouldn't get shite from it. More wealth redistribution by the Dems.

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Boy that would be a rough deal for anyone not grandfathered in

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I know, but you have to draw the line somewhere.

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Can I just take out the money I've already contributed and invest it how I see fit?

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nope. that money has already been distributed. Mfers won't let you opt out either.It is a sham system. right now we are at a huge negative return. you have put in a ton and havge not gotten a cent out yet. imagine had all those monies taxed been just thrown in an index fund? The fact idiots trusted government with this is mind boggling. Of course FDR facked us with this program.

SOCIAL SECURITY MYTH!

Of course it would work. Of course it would be good for the people. Of course it would create more economic growth.

Therefore, the government will never do it.

The first person to ever draw a SS check never paid a dime into SS. It's a ponzi scheme. There is no way to phase it out without finding the money from somewhere, which would require massive tax increases or massive spending cuts.

Good luck with either.

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I know, but you have to draw the line somewhere.

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Yea I get it and it's hard to disagree.

However, the alternative of not having the support for a certain population at that point in their lives would be a nightmare to deal with for this country. What is the alternative?

Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. He promised: 1.) That participation in the Program would be Completely voluntary, No longer Voluntary 2.) That the participants would only have to pay 1% of the first $1,400 of their annual Incomes into the Program, Now 7.65% on the first $90,000 3.) That the money the participants elected to put into the Program would be deductible from their income for tax purposes each year, No longer tax deductible 4.) That the money the participants put into the independent 'Trust Fund' rather than into the general operating fund, and therefore, would only be used to fund the Social Security Retirement Program, and no other Government program, and, Under Johnson the money was moved to The General Fund and Spent 5.) That the annuity payments to the retirees would never be taxed as income. Under Clinton & Gore Up to 85% of your Social Security can be Taxed Since many of us have paid into FICA for years and are now receiving a Social Security check every month -- and then finding that we are getting taxed on 85% of the money we paid to the Federal government to 'put away'?

Or you could just run it effectively. Novel concept, I know.