Wednesday, April 22, 2009

Phasing out Social Security's universality

Hate to be a broken record on this (will future generations understand that idiom?) but in today's WashPost editorial, they propose a fundamental change to Social Security:

Reduce Social Security benefits for the well-off while protecting those who depend on the program. As controversial as Social Security reform is, every serious policy expert recognizes the need for changes, including benefit reductions. Better targeted reductions than across-the-board cuts.
Social Security already has a built-in progressive structure, but this would irredeemably alter the program from one based (roughly) on the total taxes paid into the system by each taxpayer to yet another welfare program.

8 comments:

Anonymous said...

Great! So I get to pay into it my entire life and get nothing back, while welfare hacks get more 40oz. malt liquor.

Sounds like a plan.

dfwmtx said...

Welfare is theft.

Kinda makes you want to live off the grid, though that's tough to do if you want to maintain your standard of living.

Anonymdgsthrfs said...

Yeah! Don't work, and get little. Or work, and get much more! IT'S SO UNFAIR!

dfwmtx said...

More like "don't work, and get a checks from the gvt. Work, and send checks to the gvt." Don't send those checks to the gvt. and the IRS sends guys to collect them. "Nice life you have there, Mr. Smith.....sure be a shame if someone were to arrest you. But here, pay us $xxxx and you won't get arrested. Trust us, it's for the children."

Welfare Queen said...

There's nothing sweeter than jetting to Paris for the weekend, and paying for a gourmet meal at Taillevent with free food stamps.

twolaneflash said...

Once upon a time in America, charity was in the hands of family first, church second, and community third. Then some Democrats in power in Washington(read Socialists and fellow-travelling Communists)made laws that took the money from the family, which had used that money to support the church and community. While family, church, and community would help the deserving, they had little to no tolerance for laziness, substance abuse, or criminality. Government, on the other hand, had great use for generations of "welfare dependents" who vote. Government, by force, stole America's future, and sold it for power over the masses. Social Security "is" a "trust" fund that has been embezzled by politicians for personal gain. Social Security was to have been a bank where I stored my years of labor in a personal account. I have "contributed" for over 45 years into "my" Social Security account. I get a statement every year telling me how much I and my employers have "contributed" over the decades to "my" account. But Welfare Queen trained her innumerable offspring of unknown sperm donors to get an ADHD diagnosis at school so they could go on "Social Security Disability" for the rest of there lives, while selling the free Ritalin from the government clinic in the government free housing units where they live. "My" Social Security account was raided and in the red long ago. Socialist Security is working out well for the victim class and the poverty pimps in Government. For the rest of us working class, not so much.

Anonymous said...

Every Ponzi scheme falls apart when the marks realize the system is broke. What are the odds that people will willingly continue to lock themselves into an old-age security system after the scammers have stopped pretending that they will ever pay out?

Mangas Colorados

The Commies run the FDA! said...

Twolaneflash, your Social Security money is currently in the pocket of some militant Islamist, or some Shi'a cleric who we've paid to not blow anything else up for at least a six-month window.

You can't possibly be dissatisified with that return on your life's labor. Smells like... victory!