Quote:
Originally Posted by The Batlord
I don't know what either of you are talking about. We don't have a Social Security fund. The taxes come in, and then right back out again. Nothing is being saved for anyone.
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Fund is the wrong word but I currently do have a nest egg. I get a statement each quarter with updates as to what my SS monthly benefits will be under the current system based on what age I retire. The dudes talking about scrapping that system and going the privatization route scare the crap out of me.
Twelve Reasons Why Privatizing Social Security is a Bad Idea : Social Insurance : Our Work
The only people who tout privatization as a good thing are those that will profit by it at the expense of the masses, as well as the politicos they are funding.
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“The fact that we live at the bottom of a deep gravity well,
on the surface of a gas covered planet going around a nuclear fireball 90 million miles away
and think this to be normal is obviously some indication of how skewed our perspective tends to be.”
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