Quote:
Originally Posted by Guest
I have heard many times, "If I did not have to have my money put into Social Security and could have invested it myself, I would be very rich."
What percentage of Americans would have taken 7 percent from eacg paycheck and actually done that instead of spending all their paycheck - even if there was no safety net of Social Security at all?
We would have lots more people living in refrigerator boxes under bridges if there was no Social Security.
|
Do not know if this is the same poster who harps on this over and over.
If so, you always leap to the far end of any discussion, and do not even try to understand.
Nobody ever said, on this forum, nor anywhere I ever heard of to abolish social security.
YET, you take this extreme view every time.
The only proposal I am aware of was a proposal to allow personal investment of a small portion of earned social security benefits, never all of it, and never to abolish. It was mocked, at the time and the proposal never saw the light of day.
Where, may I ask, have you ever heard a discussion about the doing away of social security ?