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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Social Security
How does Social Security equate to be an entitlement program? If you check your paycheck stubs you will find an amount withdrawn from it everytime (I know there is a max). You have paid for your Social Security benfit by a lifetime of taxes on your labour. Now some Boo Hoo will say that you withdraw far more than one ever puts in. Not if you figure a 5% to 8% compounded interest rate for 45 years or so of work. Not only that after you croak you leave money for your heirs. That is why I always thought a Privatization of SS was a good thing. The money is yours and not the governments. Now the Libs will say who is going to save the stupid from themselves or from being ripped off? The thing that the LIbs don't understand is that not everybody can be saved, yet they keep on putting the burden on the hard working to help support the frivilous ones who live for today and don't care about tommorow. It has gotten to the point that there aren't very many savers due to the safety net that the Libs are so intent on providing.
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"Some Observer"
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