- Sep 19, 2011
- 28,499
- 10,075
- 900
"Survival of the fittest" i.e. clawing and grabbing to continue to exist!
Instead of making the individual strong and independent "liberal/progressives" see ONLY the government can take care of them!
Since FDR the country has wrongly considered government as last resort.
Over $20 trillion spent on war on poverty programs and we still have "poor"
albeit the "poor" have free food,rent,cell phones, television plus cash we still have poor! WHY?
So if the government after 80+ years the "New Deal", "Great Society" has more poor then in the beginning... how else would one conclude that the government can NOT eliminate poverty!
The ONE sure way of providing security for all of us is simple.
It's called "compound interest"!
When social security was started in 1935 instead of TAKING the money and counting these trillions of dollars as general revenue, the first individual to pay in was allowed to accumulate would have had on retirement at age of 65 over $133,518 in 1975 or ($532,834 in 2010 inflation adjusted).
So again.. there is a simple solution and as Newt said.
.
I'm outlining later on today a proposal for a personal Social Security savings account for young people, it would be voluntary choice. Keep the current system if you want to, or go the savings account model, and the best estimates are somewhere between 90 and 100 percent will voluntarily pick the savings account model," Gingrich said.
The side effect to such savings plans would be "huge economic growth," with surplus and capital to invest, Gingrich said.
"Notice I just described a totally different world, and a world, by the way, that none of the Washington bureaucracies can score, because they're all socialists and none of them have any type of free market model."
And most of you liberal/progressives won't understand any of this.. which makes you the perfect example of "Darwinian survival of the fittest"!
You depend on the charity of others rather then the ability of yourself!
That's it!!
Instead of making the individual strong and independent "liberal/progressives" see ONLY the government can take care of them!
Since FDR the country has wrongly considered government as last resort.
Over $20 trillion spent on war on poverty programs and we still have "poor"
albeit the "poor" have free food,rent,cell phones, television plus cash we still have poor! WHY?
So if the government after 80+ years the "New Deal", "Great Society" has more poor then in the beginning... how else would one conclude that the government can NOT eliminate poverty!
The ONE sure way of providing security for all of us is simple.
It's called "compound interest"!
When social security was started in 1935 instead of TAKING the money and counting these trillions of dollars as general revenue, the first individual to pay in was allowed to accumulate would have had on retirement at age of 65 over $133,518 in 1975 or ($532,834 in 2010 inflation adjusted).
So again.. there is a simple solution and as Newt said.
.
I'm outlining later on today a proposal for a personal Social Security savings account for young people, it would be voluntary choice. Keep the current system if you want to, or go the savings account model, and the best estimates are somewhere between 90 and 100 percent will voluntarily pick the savings account model," Gingrich said.
The side effect to such savings plans would be "huge economic growth," with surplus and capital to invest, Gingrich said.
"Notice I just described a totally different world, and a world, by the way, that none of the Washington bureaucracies can score, because they're all socialists and none of them have any type of free market model."
And most of you liberal/progressives won't understand any of this.. which makes you the perfect example of "Darwinian survival of the fittest"!
You depend on the charity of others rather then the ability of yourself!
That's it!!