Quote:
Originally Posted by Sly
Our generation can very well get totally screwed on Social Security if they don't straighten the fuck out. We are paying our cut for this "federal retirement program," which is basically what it is... I would rather pay a smaller cut that would go to the elderly and the sick, and then I get to keep the rest of my cut and invest it how I see fit. I do not like my money going into some massive "retirement pool." Nobody should. They proved time and time again that they cannot manage money, why are we putting our retirement futures on their shoulders?
And before anyone asks, yes I do have a private retirement fund... that isn't the point.
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The gov't has no reason to not pay social security. If they don't have any money, they can just print more. ;) Why do you think they stopped reporting the M3 money supply?
It's interesting that Norway actually has a budget surplus and invests the excess in a state investment fund. How our country would be so much different if we didn't spend what we didn't have. What a concept.
Funny thing is the gov't could get things in order if they really wanted to but the way our political system is set up, none of our politicians will think for the long term good.
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