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  1. kent_island_sailor

    if you like your social security.....

    Do we want to stay in the 1st world or not is the question? You may convince young people that they'll always be healthy and always have money and their parents will be wealthy, healthy, and independent until the day they drop dead. OTOH you may not....
  2. kent_island_sailor

    if you like your social security.....

    Unless the young workers are smart enough to realize they will be old too one day ;) They also may think twice when their mother AND mother-in-law show up and start fighting over who gets what bedroom :o
  3. kent_island_sailor

    if you like your social security.....

    Social Security IS a pension, but not a very good one. It was never intended to be your only income source unless you like living on a very low budget. Also note FDR set the retirement age at what would be age 78 today corrected for longer lifespans ;)
  4. kent_island_sailor

    if you like your social security.....

    You all can thank LBJ for raiding the fund to pay for Vietnam. Before that it actually was cash-on-hand. Social Security is NOT and has NEVER BEEN anything like a 401K or IRA or even a piggy bank. "Your money" is not a concept. They collect taxes and pay benefits, like all other 1st world...
  5. kent_island_sailor

    if you like your social security.....

    There never was. Any government program can get cut at any time. The security is the desire of Congress to run a 1st world country. Some of them seem not to be too keen on this.
  6. kent_island_sailor

    if you like your social security.....

    Social Security has been about to collapse any second now, we are just about out of oil, and everyone should hoard gold............standard advice since I learned to read :rolleyes:



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