It's the world's biggest Ponzi scheme, and the latecomers to the game are going to get screwed, as happens in all pyramid scams.
It wasn't intended to be. It was established as a separate trust, which our Congress has subsequently-- and irresponsibly-- looted for decades. If the Social Security fund had been held, well,
secure as was promised, it would still be solvent.
Of course, that does nothing to address that the ratio of people paying into Social Security to people drawing benefits is plummeting and that the program cannot survive this. Government did not anticipate either the increase in life expectancy or the fall of the birth rate.
What I noticed was that it wasn't the taxpayer's duty to protect those investors.
For some reason my children, less than ten years old, are now saddled with the bill the collectivists in Washington working for the bankers.
That's what happens when government spends more than it collects. Something that our citizens should think about when they spend so much time whining about our taxes-- especially when the majority of the people whining actually pay the smallest fraction of the tax burden.
Something I've noticed. Most of the people calling for "flat tax" and "fair tax" and clamoring for more tax breaks are people who aren't even close to the top tax bracket. Most days, it seems like I'm the only poor working stiff I know who realizes just how little I pay in tax.
Don't know nothing about that. Where'd the weird idea come from that a person can be as ignorant, as irresponsible, and as whiny as he likes, and the taxpayer will just have to bail his sorry butt out?
Personally, I'd like to know where the Hell you get off calling people who saved and invested responsibly for their retirement, or their childrens' college funds-- and whose wealth was destroyed by people who, even without government assistance, would still be wealthier than any of us have ever been-- "ignorant, irresponsible, and whiny."
As far as I am concerned, people like you who are supporting the right of the corporations and their top shareholders and executives-- the ultra-rich whose only contribution to society is
being ultra-rich-- to do whatever they want and to gain profits at the expense of the rest of society are part of the problem. You are like dogs who lick the master's hand while he's beating you.
Well, if you're not willing to line the socialists and collectivists up in front a brick wall and hose them will bullets, what's your plan for restoring Constitutional governance to America?
If our government were limited to functioning within your narrow and largely unfounded interpretation of the Constitution, our nation would be
ruined-- enslaved to the globalists and the multinational corporations as surely as if we had allowed the liberals to sell us out to the WTO and the UN.
If we want to have any hope of saving our nation, we have to encourage our government to behave
responsibly-- which means spending money wisely, supporting programs that enrich and protect the American people, and most importantly, collecting enough in taxes to pay for it.