If North Korean missiles could reach Florida and Pennsylvania, they could help solve the Social Security issue.
That or institute the society from Logan's Run.
Being a liberal or progressive does not mean unwilling to compromise. Sometimes we have to accept the political realities and get what we can get, and give what we have to give to get that. Compromise is not some evil thing. In fact, it is how things get done.
"Skilled enough" is a nebulous concept - we don't know what skills may be in demand a decade or three from now. Inviting a good gardener from Mexico may be a better long-term investment than importing a hockey player from Russia....
Don't get me wrong: I am all for a complete remaking of Social Security. Just saying that the "Ponzi scheme" aspect we can get away with - for awhile. Indifference of our friends on the left to other obvious flaws of the system is rather puzzling.
I support phasing out SS over time and replacing it with mandatory contributions each pay day at levels equal to SS contributions into diversified, indexed to the S&P private investment accounts in a way that guarantees continued SS coverage for people who have paid into SS all ther lives but offers a better solution for younger Americans. No withdrawals until 60 and no more than annual equal portions divided by the number of years of their remaining life expectancy plus 5. Preferred withdraws however would be to live off of the return I stead if spending the principle. If a younger worker starts putting away money at 18 every payday and continues to do so every payday until age 60, its very likely they'll be a millionaire at retirement. A conservative annual return on a million dollars is $100,000 a year. Withdraws are tax free like Roth IRAs. Any remaining balance upon the passing of the account holder is fully willable and exempt from inheritance tax. Beats the heck out of SS if you ask me.
Last edited by Smeagol; 04-10-13 at 10:34 PM.
Having opinions all over the map is a good sign of a person capable of autonomous thinking. Felix -2011