« Poverty-Medicare, Social Security | Main | Social Security - History »
May 3, 2005
Social Security - Questions
Social Security seems to be the order of the day, at least in my mind. I need to ask myself a couple of questions then find the answers. G. W. says that he wants to fix Social Security. If this is so and he doesn't want to destroy it, why doesn't he fix it in much the same manner as was done in the 50's, 60's and 80's? I have been trying to find specifics on those "cures" but haven't found anything yet. Some articles I read indicate that if the tax cuts for the wealthy are rolled back and the money targeted for Social Security the problem would be solved. And the problem with this is? Too many media outlets have suggested that Bush wants to destroy SS. Is this true? Do people really agree? Is this what they want? Every person in this country already has or can have as much in the way of private investment accounts as they want. I thought the point of SS was to provide a ironclad safety net. The idea of private accounts seems to negate that. Am I wrong? The money in the private accounts is more at risk, isn't it? That does not seem to be a secure net. On the other hand if he is looking to destroy SS, then there is no need for the net. Do away with it. Once implemented the private accounts method would essential end high income support for SS, since those people have so little stake in the system. And if you subscribe to Paul Krugman's numbers in yesterday's NY Times, the middle class would get screwed, so they would probably waffle in their support of the plan. It would seem that little effort would be required to end the entire program. We could very well have lots of stories of little old ladies eating cat food to stay alive. Is this what we want?
Posted by Chip Spear at May 3, 2005 7:24 AM
Trackback Pings
TrackBack URL for this entry:
http://www.politicalsports.com/mt/mt-tb.cgi/1
Comments
spinally Argentinian:anthropomorphic,Whitman:seats.onset
Posted by: kemper at September 20, 2006 5:09 AM
coincidences.moonlit.Egyptianizations.exchanging needling checkbooks!harshly
Posted by: groups at September 20, 2006 5:10 AM
coincidences.moonlit.Egyptianizations.exchanging needling checkbooks!harshly
Posted by: groups at September 20, 2006 5:11 AM