Quote:
Originally posted by: dude1394
If the democrats didn't demagoge social secuirty for so many years then maybe we could do something about fixing it, as it is however we will have to drag them kicking and screaming to fix it just like welfare reform.
Not good for the old vote-getting machine that those uppity citizens should own their own pensions now. What would a good democrat do without money to pass around.
Also you need to realize that there IS NO TRUST FUND. NO LOCKBOX... There would be if there were private accounts but with the current social security ponzi scheme we have all we have is promises. I don't expect to ever see a penny.
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it is a failure by
both parties that the social security trust fund is underfunded and not on better standing. How long have repubs controlled congress? and now that they have a majority in the senate for 4 years now, what's your excuse? "it's the dems fault" is not accurate at all.
Bush pledged to not touch the social security receipts, but then he did. oh, I forgot, that's not a flip flop...
Privitizing social security will not fill the "lockbox" and in fact will harm the efforts to fill the trust fund. If many young workers opt out to place their contributions into private accounts, their needed contributions won't go into the fund to make it solvent. you're absolutely incorrect.