Talk of The Villages Florida - View Single Post - Social Security into the Market
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Old 09-01-2010, 05:20 AM
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Default Social Security into the Market

August was the worst market in the last 9 years.


Several years ago the push was on to privatize Social Security. Well look at the market and just imagine what would have happened to the Social Security program on that gamble. Yes, the market is a gamble and I prefer not to gamble with my future. Another idea is to allow citizens to opt out. Another silly idea as we all know that millions of people would opt out just to have a few more dollars in their pocket right now. Most of those same people would not save or invest the extra funds, and would be back on the government’s payroll later in life. You and I would then be providing even more to keep these folks above water. Social Security is what keeps so many people alive when they find themselves in a number of unfortunate financial categories and without it, we would still give them money to do so in some other form of government program. You could always euthanize them and turn the bodies into Soylent Green or fertilizer for farm use. I am not so sure that even the radical right would support that program, so you are left with supporting them even after they have spent their would be Social Security savings.