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Old 11-23-2013, 12:32 AM   #27
2bikemike 2bikemike is offline
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Join Date: Sep 2002
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Quote:
Originally Posted by BigRedChief View Post
This last time we came a day away from the whole thing collapsing around us. One day. We were that close.

It's really irrelevant isn't it. Bush tried and got soundly rejected by the public. After the crash in 2008-9 it's not politically feasible to move Social Security into the stock market.
Do you really think that if the whole thing collapses that our monetary system and social security is going to survive? I don't know how we can realistically shift the system now, but the whole program was very short sighted from the get go in my opinion.

Just because Bush tried and was unsuccessful doesn't mean that we wouldn't have been better off with the money invested for social security in individual accounts. I would much rather have had Mine and my employers portion in an individual account growing the last 36 years. Instead we have a system that is bound to crash and burn.

We have totally robbed today's youth by such irresponsible fiscal policy, and we keep compounding the problems.
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