By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Regardless of what you want to say, FDR did institute communistic/socialistic programs thanks to the New Deal and Second New Deal. Social Security is, and was, a major erosion of peoples' rights in favor of government control over our income.

And however you want to argue about Social Security, know this: As a worker under Social Security, you will not make back whatever you put into it after adding inflation. Interest in SS accrues at 2% per year.

That's in total opposition to any other retirement system available - Even a bank offers higher interest rates via Money Markets and CD's than what Social Security does. If you are a government worker, their pension plan nets you above 10% per year in returns - well above inflation.

Even if you can argue for a voluntary retirement savings, there's still absolutely no reason why the Government has to run it, and run it so poorly.



Back from the dead, I'm afraid.