The government just uses Social Security as their own slush fund. Although it's broken by concept, government corruption doesn't help.
Abolish it. You invest your own money in whatever way you want to, and with a better ROI if you're a shrewd investor. And if you squander the extra money away, so be it. All I ask of you is to be a cheap funeral.
Tired of elections being between the lesser of two evils.When the debate is lost, slander becomes the tool of the loser. -Socrates
I still don't understand why there's an 'age' to retirement . . . people should be able to work/save for retirement and retire whenever they want - the gov should have no say in that.
I guess, then, the only thing they're really telling you is *when* they will give you *the government* benefits for retirement.
A screaming comes across the sky.
It has happened before, but there is nothing to compare it to now.Pynchon - Gravity's Rainbow
"We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan
I can see the argument for disability, although that needs serious reform as well, but not for SS.
It's unfair, to all income spheres, that actively save for their own retirement.
Not to mention, a major rip off, if you die before retirement age.
I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
The retirement age should be lower not raised and the cap should be significantly raised or eliminated altogether. Lowering the retirement will leave more room for younger workers.