New Social Security Program Would Give High School Graduates $25,000

It's not apparent where this $5000 seed money and $10000 "bonus money" will come from. I assume that it will be a gift from Uncle Sugar. Call it what it is, reparations.
 
The thieving Democrats are at it again, and trying to give away the money you were FORCED TO CONTRIBUTE TOWARD YOUR RETIREMENT.

Social security is going broke, and the Dems want to kill it even faster by giving high school grads - with a lifetime of earnings ahead of them - $25,000? I swear, you can’t make this stuff up!

No, the educational system needs to be revamped so that high school grads learn basic academics and life skills instead of “social justice” brainwashing - and then get some post-high school job training.
 
Then if the money is not for our retirement, which was the intent when Social Security started, then paying into the fund should not be OUR responsibility.
I only meant to say not everything is the requirement for all the other taxpayers to pay for. If the gummint gets involved in every expense we have people who have children to support they will be unable to take care of their own. If we take every dime from parents for taxes, their freedom to be is annulled. I don't believe the Founders of the Constitution meant to interfere with child rearing, and needless to say, freedom to run one's own life should not be overshadowed by greed of others .Jumping through too many government hoops is not freedom
 
The thieving Democrats are at it again, and trying to give away the money you were FORCED TO CONTRIBUTE TOWARD YOUR RETIREMENT.

 
The thieving Democrats are at it again, and trying to give away the money you were FORCED TO CONTRIBUTE TOWARD YOUR RETIREMENT.

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It would be wise for parents and kids to save $ so when they do graduate they'd have a nice chunk of money. It would enable them to marry much later in life when that chunk has grown. Not having to build up with a spouse is a great thing.
 
Dean Phillips introduced this bill on Sept 27th which has 2 co-sponsors. Regardless of the bill's contents, I see it as idiotic to introduce a bill on the day that the 118th Congress adjourns until after the November election. With the holiday season coming up and the 118th ending on January 3rd it's all rather senseless.
 
And you see some sorta problem with that?
If you think someone's kid deserves a college fund at someone else's expense, feel free to spend your own money and set one up for them.

When someone pays money into their own retirement with a promise from the government that they will get money back when they retire, the government has no business taking the money they owe that individual and giving it to deadbeats.
 
Nope.

Representative Dean Phillips of Minnesota has introduced in the House the American Dream Accounts Act, a bill that calls for a program within the Social Security Administration that would open an investment account for every child born in the United States.

Around $5,000 would be put in an index fund, which would become available upon high school graduation or receipt of a GED diploma or certificate.

That's not what SS is for.
 
And you see some sorta problem with that?
Less stress and anxiety if they enroll in a trade school. We need more blue-collar workers if manufacturing is to come back.
 
I won't say my vote isn't for sale, but it's going to take more than 25k. And I'll need the cash up front.
 
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