Quote:
Originally Posted by jswirs
Please don't include social security as contributing to our grandchildren's debt. Many, many folks have paid into that system for many , many decades, and don't forget to include the funds donated to that system by our employers. I did the math, I would have to live into my mid 90's before I exhausted all of the contributions both I and my employer have made.
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I may be wrong but I believe you and your employer were paying for your parents and grandparents not into a personal account. Yes we were over paying and the government we elected decided to spend that money and create the imaginary trust fund you reference. I may have an odd way to look at it but we should have been paying more income tax instead of spending excess social security taxes that were collected. Now that we both shared opinions how do we fix it?
Regards