View Poll Results: Should we Eliminate Social Security

Voters
60. You may not vote on this poll
  • Yes, no replacement

    18 30.00%
  • Yes, but with a replacement

    11 18.33%
  • No, we should wait until it goes bankrupt

    1 1.67%
  • No, its not going to go bankrupt

    26 43.33%
  • Other

    4 6.67%
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Thread: Should we Eliminate Social Security?

  1. #31
    Sage

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    Re: Should we Eliminate Social Security?

    Quote Originally Posted by Badmutha View Post
    The Ponzi scheme known as Social Security.......like all things the Democrat Party supports......is entirely unconstitutional and should never have been.

    Eliminate it while we still can............
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    that should be the main #1 issue in the 2012 campaign. Line up all the politicians and have every Republican mouthing just those words. Have every Democrat fighting to defend and save the program by popping the $106K cap just like Senator Bernie Sanders proposes.
    Last edited by haymarket; 04-17-11 at 04:59 PM.
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  2. #32
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    Re: Should we Eliminate Social Security?

    Quote Originally Posted by repeter View Post
    I was reading an article on Yahoo News, and it stated that 20% of your tax dollars go to Social Security. Now, given the fact that SS is going to go bankrupt in the future, and the way its set up is inherently wasteful, should we cut it completely before it dies on its own?

    I'd say yes, but with the caveat that we should look into establishing a market in the private sector to replace it.
    Yes, Social Security should be phased out.

    Yes, a market in the private sector already exists to take it's place. Several, in fact. The stock market, the bond market, the commodities market, the real estate market...

  3. #33
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    Re: Should we Eliminate Social Security?

    Quote Originally Posted by ptif219 View Post
    Politicians should not be allowed any pet projects till they replace all the money they took out of SS then it would not be going broke
    Politicians should not be allowed pet projects.

    Period.

    And, unless you mean "out of the Congressmen's personal assets" when you say "they replace" all that money, it means nothing, it's just coming out of the taxpayer's pockets anyway.

  4. #34
    Sage

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    Re: Should we Eliminate Social Security?

    Quote Originally Posted by Mayor Snorkum View Post
    Yes, Social Security should be phased out.

    Yes, a market in the private sector already exists to take it's place. Several, in fact. The stock market, the bond market, the commodities market, the real estate market...
    ... the old baseball card market, the comic book market, the old Playboy market, the Barbie doll market, the Beanie Baby market , the Coca-Cola collectibles market
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  5. #35
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    Re: Should we Eliminate Social Security?

    Quote Originally Posted by repeter View Post
    If you want to look at the greater good, you have to be objective. I'd be willing to hurt people now to help more people later, and thats really what it comes down to.

    And, correct me if I'm wrong, a lot of social programs are about creating a better world for everyone, right? Well, it just so happens that Social Security is inefficient compared to other uses of the same resources, and thus should be reformed.
    No. Social Security is about hurting a lot of people in the future to buy votes from people today.

    All social programs are about buying votes, first, the details of the programs are irrelevant.

  6. #36
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    Re: Should we Eliminate Social Security?

    Quote Originally Posted by haymarket View Post
    ... the old baseball card market, the comic book market, the old Playboy market, the Barbie doll market, the Beanie Baby market , the Coca-Cola collectibles market
    Yeah, whatever investment floats your boat. Strangely enough, the Mayor's paycheck isn't an authorized investment tool for old fogies.

  7. #37
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    Re: Should we Eliminate Social Security?

    Quote Originally Posted by sazerac View Post
    If a person squirreled away 15% of their income for 30 years and then was given a share of the benefits of those who contributed 30 years but died before collecting any money, would they be worried about their next meal? Do your job and fix social security and maybe stop using the pot to pay bills.

    I like that it is not voluntarily. You are forced to prepare for your retirement whether you want to or not. Yes, that's what I said.
    All you have to do is cite the clause of the Constitution that allows the federal government to force citizens to invest for their retirement.

    You can't do that, so don't bother trying. Used to be a time when people saved for their retirements because they were resonsible adults aware that they didn't have a baby sitter. Now that the government has become the baby sitter, the national savings rate has become negative.

    That's the effect of hammocks the so-called "safety nets" have provided.

  8. #38
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    Re: Should we Eliminate Social Security?

    Quote Originally Posted by Morality Games View Post
    The composition of the federal government is not static over decades. Moral culpability is more complicated than that.

    Social Security was a good policy when Roosevelt introduced it, it was ruined by economic mismanagement at all levels of society, resulting from a general lack of vigilance.
    No. It was both bad policy and unconstitutional when FDR foisted it on the nation, and neither of those facts have changed.

  9. #39
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    Re: Should we Eliminate Social Security?

    Quote Originally Posted by sazerac View Post
    I would say social security is poorly run and always has been, It's a brilliant idea that should be fixed. I'm not sure means testing is such a bad idea.
    Glad to see the Bernie Madoff fan club still has one member.

  10. #40
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    Re: Should we Eliminate Social Security?

    Quote Originally Posted by Cephus View Post
    Personally, I don't want the government to have access to those funds in any way, shape or form.
    The only way to do that is to not allow the government to place demands on the people's retirement plans in the first place.

    Then, to keep the government's hands off private accounts, you people better stop whining about how unfair life is and how nice things would be if the government did something, and start demanding the government shrink itself back into the Constitutional boundaries it's supposed to be kept in.

    Stop voting for liberals, people.

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