Quote:

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There's nothing wrong with Social Security that can't be fixed by raising the retirement age to 90.

- Professor Walter E. Williams (1936-2020)

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HarleySpoon said:

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Again, there is no fund of money for SS in any way different than a fund for defense or welfare that are going to "run out " on any such and such date. It's just rhetoric to raise taxes or shirk social contracts while we bleed deficits on all manner of benefits thru "the social security program" to folks not previously eligible. George W did the most damage. As soon as you "make socially security secure/funded"…they will create a new benefit under the program for folks not paying into the system and "bankrupt" it again.

Us olds were around in 80's when they "made it secure" by raising rates, extending the retirement age and taxing SS benefits only to watch multiple presidents go in and raid the new fund once it was secure.

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Science Denier said:

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HarleySpoon said:

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Again, there is no fund of money for SS in any way different than a fund for defense or welfare that are going to "run out " on any such and such date. It's just rhetoric to raise taxes or shirk social contracts while we bleed deficits on all manner of benefits thru "the social security program" to folks not previously eligible. George W did the most damage. As soon as you "make socially security secure/funded"…they will create a new benefit under the program for folks not paying into the system and "bankrupt" it again.

Us olds were around in 80's when they "made it secure" by raising rates, extending the retirement age and taxing SS benefits only to watch multiple presidents go in and raid the new fund once it was secure.

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If only the funds were in a LOCK BOX, right?

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HarleySpoon said:

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Again, there is no fund of money for SS in any way different than a fund for defense or welfare that are going to "run out " on any such and such date. It's just rhetoric to raise taxes or shirk social contracts while we bleed deficits on all manner of benefits thru "the social security program" to folks not previously eligible. George W did the most damage. As soon as you "make socially security secure/funded"…they will create a new benefit under the program for folks not paying into the system and "bankrupt" it again.

Us olds were around in 80's when they "made it secure" by raising rates, extending the retirement age and taxing SS benefits only to watch multiple presidents go in and raid the new fund once it was secure.

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