Should We Have the Right to Opt Out of Social Security?

Discussion in 'Politics' started by KMAN, Apr 1, 2009.

  1. KMAN
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    KMAN Senior Member

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    I say yes. After all what are the chances that I have at age 37 to get any Social Security money when I retire.
     
  2. sealybobo
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    sealybobo Diamond Member

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    Sure, but you still have to pay in.

    Just like you can home school your kids but you still have to pay school taxes.
     
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  3. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    This is pretty much what we have now. Younger people have to pay in and are unlikely to see any benefit from that.

    Yes, you should be able to choose to opt out.
     
  4. midcan5
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    midcan5 liberal / progressive

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    If you don't agree with the laws and rules of the nation please move. You don't have to pay if you aren't here. Bye.

    PS SS is one of the wonderful things we do as citizens. Keep doing wonderful things and let the greedy move someplace where they will be happy.

    "The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness." John Kenneth Galbraith
     
    Last edited: Apr 1, 2009
  5. Article 15
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    Article 15 Dr. House slayer

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    No but I'll tell you what I, as a young American, would be willing to do and sacrifice in the name of the greater good.

    I would be willing to pay into the system for the next 20 years and forgo my benefits when I retire as part of a plan to keep checks going out to those currently receiving and soon to be receiving SS but with a clear path to ween us off SS and eventually end it. After that I would no longer have to pay into the system and use the money as I see fit.
     
  6. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    So there should be no debate about our laws just complete and utter reverence for our leaders in their infinite wisdom? Utterly ridiculous.
     
  7. sealybobo
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    sealybobo Diamond Member

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    Not a bad idea. Pay half to SS and half to yourself for 20 years, and then after that, all of your savings go to you. :clap2:
     
  8. sealybobo
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    sealybobo Diamond Member

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    Midcam is probably mocking you because what he/she said is the same kind of shit you guys would tell us when we complained last year.

    America, Love it or leave it!

    And now I will tell you that you are just being a whiner. Quit complaining that the man is trying to hold you back.

    The only person holding you back is you.

    Who is responsible for you? You or Obama?

    Anyone can make it in America. We told you that Bush made it harder for people to make it, and you argued with us. Now we see we were right and you were wrong. But so now you are telling us Obama is going to ruin America. And you said the same thing about Clinton. So really, why would we listen to you?

    What, do you feel entitled to something?

    Do you want to spread the wealth? Are you a socialist? :lol: Man when I think of all the lame GOP arguments that you get from Rush/O'Reilly/Hannity, it really cracks me up. Its like 100 of you all get the same marching orders on what to say each day. What time to you get your orders from Rush? Or does Fox News tell you what to say each day at around 5am?
     
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  9. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    I would never and have never told anyone to "love it, or leave it." It's utterly nonsensical and against American ideals.

    Those who force me to pay my money into a ponzi scheme that I am going to see no return or any kind of benefit at all from is somebody else holding me back. Yes, I do feel entitled to the money that I earned.
     
  10. auditor0007
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    auditor0007 Gold Member

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    First of all, you might be financially able to pull it off, but the vast majority of people your age and younger could not. Secondly, if everyone opts out, someone still has to pay benefits to those who are counting on those benefits. And last of all, if we allow people to opt out, what we'll end up with is a bunch of retirees with zero income and the government will end up coming in to support them anyway, because we're not going to let them starve in the streets.

    The bottom line is that we cannot just shut down SS. It is a decent program that makes sense. What does not make sense is the fact that we have not raised the retirement age since its inception. People are collecting too soon. If we raised the retirement age to 70 or 71, a great deal of pressure would be taken off and most likely we could fund SS without increasing taxes dramatically. The same holds true for Medicare.

    People need to work longer now because they live longer. If they want to retire at an earlier age, then they should do it on their own savings. SS is the greatest safety net we have, but it is covering Americans for too many years. That is the basic problem.

    The only issue that needs to be addressed is the fact that companies don't like retaining older workers, at least in many industries. One thing that should be looked at is making it easier for employers to reduce the salaries of older workers, assuming there are justifiable reasons for doing so, as in a lower capacity to produce.

    Our society has changed a great deal in the last fifty years. Life expectancy has increased by almost nine years. There are so many solutions available, but nobody wants to give anything up. Everyone thinks they have a right to this and that, but in truth, they only have a right to what is available.
     

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