View Single Post
Moneyguy1 Moneyguy1 is offline
Registered
 
Join Date: Sep 2001
Location: Tucson AZ USA
Posts: 8,228
LBJ used the SS money to........

Which of the three branches authorizes the federal budget?

Fixing it should be a goal for BOTH parties, not the purview of one or the other. Fixing it should NOT include replacing it completely with "private investments". Why? Because many lower income people are having enough trouble with current expenses to invest. There will always be a need for some degree of true Social Security because it is a non-negotiable "contribution". Congress should stop using the SS fund to plug holes by issuing "IOUs" to the SS admin. The problem, from a strictly financial standpoint has been caused by poor Congressional management.
__________________
Bob S. former owner of a 1984 silver 944
Old 04-05-2007, 07:29 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #7 (permalink)