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Social Security: A Green Swindle of Another Type

Jim88 Wrote: Oct 08, 2012 8:43 AM
Remember, as ill concived as it was, SSI was created to supplement ones own retirement plan, not to be the retirement plan, and never was intended to be an end all to retirement. Of course the Progressive and the Liberal members of congress and the white house over the years have added or changed entitlements to the program that stripped away the true intent of the SSI program. Originally if you did not work and pay into the program you could not expect a retirement check each month when you reached retirement age, now virtually everyone has a true entitlement even if they did not work or pay into the program. Think about it who created this mess and who is going to fix it, certainly not the Progressives and their liberal allies.
Blair31 Wrote: Oct 08, 2012 11:19 AM
Anybody here for the Chilean Model? It's privatizing Social Security, Medicare, and Medicaid. In the 1970s, Chile privatized its social security system, under Augusto Pinochet. Let's follow Chile's example.
geotay Wrote: Oct 08, 2012 2:36 PM
To fix economic things, you have to apply fiscal adjustments - not the political tricks that Democrats come up with to make them worse.

"Social Security is structurally sound. It's going to have to be tweaked the way it was by Ronald Reagan and Democratic Speaker Tip O'Neill. But the basic structure is sound."

So said Obama in his first presidential debate with Mitt Romney before moving on to another topic that he was more interested in discussing.

But the reality is that Social Security--the federal government's largest program--is not sound. And the "tweaks" Obama spoke of (from the Reagan-O'Neill years) include raising the retirement age, increasing social security taxes, and delaying cost of living adjustments. And those...

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