Tuesday, April 19, 2011

what will happen to us if the social security system will not exist in the future?

it will increase the wages? or more benefits offered...like health insurance, dental, college will be free?? what do you see?
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Back in the sixties the Dems started spending the money in the Social Security account and replacing it with IOUs. The IOUs start coming due pretty soon. This will be like taking a pay cut AND sending a child to an ivy league university. Social Security, or "elder welfare" will have to exist in one form or another OR people who can't work will just be allowed to die or even killed by the government. If Dems are in control I think the last two choices are likely. If Republicans or Libertarians are in control then I think they will probably fix the Social Security system and start taxing people on the first million in income, which they should do tomorrow. Dems are way too chicken-sh*t to put forward a bill that raises the social security tax to be on the first million in income and even Republicans are afraid of upsetting their largest private donors.
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