View Poll Results: Should we Eliminate Social Security

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  • 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. #1
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    Should we Eliminate Social Security?

    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.
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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.
    I can't really tell you what I think of your post as I surely would be given an infraction by the moderators here and rightfully so.

    But if you have any compassion, think about the number of people you would throw into immediate poverty by such a terrible action.

    It would be funny that someone who self labels as a liberal would make such a suggestion if he was not so sad.

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    Re: Should we Eliminate Social Security?

    I'am for privatizing SS. Do I think its the cure all,no. Sometimes we have to choose , "the lesser of two evils". In my opinion SS will go bankrupt resulting in people losing out on the benefit. The question we need to ask is how to minimize the damage:

    Should we raise taxes and cut benefits?
    Should we have people set up their own private investment accounts similiar to 401ks?
    Should people have the option to choose either or?

    I found this website helpful. It discusses both sides of the issue.

    Privatize Social Security
    My family is more important than my party.
    -Zell Miller

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    Re: Should we Eliminate Social Security?

    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

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    Re: Should we Eliminate Social Security?

    It is pathetic that Americans have come to rely on Social Security for their entire income, but that was something that was started by Roosevelt. What did people do before Social Security?

    I know that my great grandfather was a Confederate veteran, who died in 1903. His widow was eligible to receive benefits when she reached the age of 75. She was 54 when he died, and soon became destitute, since he was the sole breadwinner. She had to keep house for people just to have a place to live. she was 75 before she could apply for his Confederate pension. She lived into her 80's. Now, there was a federal government that was hoping any recipients of that pension would die before it would ever be collected. This is the same federal government which borrowed money from the Social Security fund. I know it's a miracle that the Social Security Burial Fund is still present after all these years, all $255 of it.
    Last edited by bicycleman; 04-17-11 at 01:49 PM.

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    Re: Should we Eliminate Social Security?

    Quote Originally Posted by washunut View Post
    I can't really tell you what I think of your post as I surely would be given an infraction by the moderators here and rightfully so.

    But if you have any compassion, think about the number of people you would throw into immediate poverty by such a terrible action.

    It would be funny that someone who self labels as a liberal would make such a suggestion if he was not so sad.
    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.
    Veni. Vidi. Vici.
    -Gaius Julius Caesar
    The Only Thing to Fear is Fear Itself.
    -Franklin Delano Roosevelt

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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.
    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.

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    Re: Should we Eliminate Social Security?

    Quote Originally Posted by bicycleman View Post
    It is pathetic that Americans have come to rely on Social Security for their entire income, but that was something that was started by Roosevelt. What did people do before Social Security?

    I know that my great grandfather was a Confederate veteran, who died in 1903. His widow was eligible to receive benefits when she reached the age of 75. She was 54 when he died, and soon became destitute, since he was the sole breadwinner. She had to keep house for people just to have a place to live. she was 75 before she could apply for his Confederate pension. She lived into her 80's. Now, there was a federal government that was hoping any recipients of that pension would die before it would ever be collected. This is the same federal government which borrowed money from the Social Security fund. I know it's a miracle that the Social Security Burial Fund is still present after all these years, all $255 of it.
    If your grandfather had been a union soldier he would have been given 300 acres. But then he would have been a no good damn yankee.

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    Re: Should we Eliminate Social Security?

    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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    Re: Should we Eliminate Social Security?

    Quote Originally Posted by bicycleman View Post
    It is pathetic that Americans have come to rely on Social Security for their entire income, but that was something that was started by Roosevelt. What did people do before Social Security?

    I know that my great grandfather was a Confederate veteran, who died in 1903. His widow was eligible to receive benefits when she reached the age of 75. She was 54 when he died, and soon became destitute, since he was the sole breadwinner. She had to keep house for people just to have a place to live. she was 75 before she could apply for his Confederate pension. She lived into her 80's. Now, there was a federal government that was hoping any recipients of that pension would die before it would ever be collected. This is the same federal government which borrowed money from the Social Security fund. I know it's a miracle that the Social Security Burial Fund is still present after all these years, all $255 of it.
    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.
    If you notice something good in yourself, give credit to God, not to yourself, but be certain the evil you commit is always your own and yours to acknowledge.

    St. Benedict

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