I'm not exactly enthusiastic about Bush's Social Security plans. As for taxes, I'm for eliminating wasteful tax programs and of course wasteful spending (which I feel Bush has increased) but I don't buy into the "what's good for businesses is good for the whole country" argument. Reagan's trickle down economics are what lead to taxes having to be raised by Bush Sr.
Tax cuts for today + increased spending = tax raised later on. That's the problem we ended up with in the early 90's. I don't think Democrats or Republicans are very responsible when it comes to this, except regarding their personal wealth and power.
Enormous cost of conversion
Some studies claim we'd end up worse off period (there seem to bee studies that go both ways about the actual effectiveness)
From what I've read, there are several factors not taken into account from the people claiming "crisis" and the current system is in better shape than it was 30 years ago
The cost of conversion is the biggest issue. I don't think it would benefit the middle and lower class nearly as much as what is claimed, especially not in the short term during the conversion.
so? its my money to begin with, i should beable to do what i want with it. we would all get a better return on our money becuase the governement can only invest it in governement securities right now. let me invest it where i want to, its my future, and my responsibility not the governments
If they eliminate Social Security they would also have to eliminate other entitlement programs.
No entitlements means a lot of old people that can't take care of themselves would suffer.
Unless you adopt an "only the strong survive attitude", then who cares about anybody else, weaklings should die, right!
The social Security program was foisted upon the American public back in the 30's in order to condition us for the income tax
that we have removed from our pay.
It was the depression and people were desperate so the congress went for it! It really leads back to the Federal Reserve and the IRS, but that's another thread !
If somebody lost all their money to bad investments then they are a moron. diversification can eliminate your non-systematic risk and the only way to lose all your money from systematic risk is if the whole stock market was to crash. and there are other forms of investment besides stock that give a better rate of return with almost the same risk as tBills.
And the bush plan isnt to eliminate social security, its to give the tax money back to us so we are responisible for our own future and not to be so relient on the government.
I think you need a time out, little boy. Daddy is going to take away your bottle and your pacifier until you learn to behave like a good little boy. Now stand in the corner and no sucking on your thumb. Tomorrow we'll start to potty train you.
Whoa you guys take thsi stuff way too seriously.
Wow and it looks like mods here are banhappy.
Look I'm new and I don't want to get banned, so I'm just gonna so "no" to the answer above and leave no reason. Looks like reasons are dangerous round these parts.
... runs away quickly ...
There is no personal responsibility in this country, the government doesn't trust you with your own retirement savings, because the average person can't be trusted and would end up needing government assistance anyway. The people who can be trusted with their own retirement generally max out of the social security plan and contribute greatly to their own savings for retirement. ANYONE who counts on living in any kind of style off of social security is insane.
I'm all for reducing the federal government and increasing state rights, even eliminating programs such as social security and federal 'involvement' in education, but it isn't goingto happen any time soon.
As for the title of this thread, I heard a poll the other day that said an overwhelming majority of people who voted for GWB is 2004 would back him again in 2008 if he could run. The conservative base does not abandon their leaders and is slow to embrace change, a harbinger of things to come in the 2008 election.
As for that guy calling you a name, I own a medium sized corporation with over a thousand employees and people call me an asshat all the time! LOL. Online is a place where folks can let loose and not be so stiff. Just dont let stuff like that get to you is all. Just increases stress to take things too seriously like that.
I understand here your king and lord and all that. But when folks get uppity just let it roll off ya. Keeps the bp low. Heck youre a doc, you already know that!
What in the hell did I miss...
I hate politics.
Never sell a car to a friend and never discuss politics with anyone you plan on talking to in the near future
Its not up for debate. I frankly do not care what people think about how I run this board. We run it the way I want it run and thats about it. Like it or leave it. The mods volunteer their time to put up with the kiddies and they will not be disrespected here. Follow the rules and you won't have any problems with us. This isn't an attack on you, just the facts. I have a zero tolerance policy when it comes to this and its worked extremely well. Closed.
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