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Social Security was never intended to be a 401(k)-type of personal investment. From the very beginning the current taxpayers began supporting the existing elderly who had never paid a dime into the system. Plus there are provisions for non-elderly poor or needy, such as children whose parent(s) die.Social Security is largely a program in which the current generation pays for the current retirees.Social Security is one of the most successful programs in our nation's history, and one of the most popular. If you don't believe that, just try to change it--many a politican has gotten their a-- handed to them for trying to mess with it. Most recently was George Bush, fresh off of winning reelection. He spent months barnstorming the country, using all his presidential powers to privatize SS. His program, with a Repubican Congress, when exactly nowhere.
Social Security was never intended to be a 401(k)-type of personal investment. From the very beginning the current taxpayers began supporting the existing elderly who had never paid a dime into the system. Plus there are provisions for non-elderly poor or needy, such as children whose parent(s) die.
Social Security is largely a program in which the current generation pays for the current retirees.
Social Security is one of the most successful programs in our nation's history, and one of the most popular. If you don't believe that, just try to change it--many a politican has gotten their a-- handed to them for trying to mess with it. Most recently was George Bush, fresh off of winning reelection. He spent months barnstorming the country, using all his presidential powers to privatize SS. His program, with a Repubican Congress, when exactly nowhere.
