MIPS
Active Member
- Jan 15, 2010
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Do you think we need to do away with SS all together?
Personally I think it should have never been implemented in the first place, however we are stuck with it now as I do not see any real possibility (in my lifetime) of eliminating it other than by some catastrophic circumstance. So to answer your question, yes I would prefer to see it eliminated but I'm a realist.
That being said, I found the contents of the Kerry-Danforth Commission findings as to how we can make SS sustainable over the long term very interesting and logical (to me anyways), if you're interested in the subject Mr. Peterson wrote an excellent book on the subject (as well as many other related topics).....
[ame="http://www.amazon.com/Running-Empty-Democratic-Republican-Bankrupting/dp/0312424620/ref=sr_1_1?ie=UTF8&s=books&qid=1264092138&sr=1-1"]Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It[/ame] - By Peter G. Peterson
If we did do away with SS hypothetically I wonder what seniors would do? What could be a alternative for seniors to survive on I wonder?
One would think that any such "plan" to do away with SS would involve some sort of an "opt" out provision for workers below a certain age and bridge to continue coverage for workers over a certain age, thus eliminating it gradually. Of course there's no way in hell we could afford such a thing in our current financial condition.