Japan loves Obama

[Kasz216]

Final-Fan said:

Kasz216 said:

Final-Fan said:
The degree of the improvement obviously, along with decades of failure to adjust for reality.

So ... it's a broken concept because the gov't isn't sticking to the plan? Is a diet a broken concept just because your will breaks and you buy a gallon of ice cream?

(1) Again, poor execution, which can be (painfully) fixed.
(2) OK.
(3) I would like to know what assumptions that graph is using.
(4) So apparently a lot of Social Security is turning out to be just another tax ...

Anyway, I'm not trying to dispute that Soc. Sec. isn't working the way we're doing it, but you were saying it couldn't work -- that it is necessarily unstable.

I would argue that's the same thing. 

Sure if they changed... just about everything about the program it could work.  As it is however it was just a poor idea.  I mean, just about anythign when it comes to politcs can work if you alter it enough.

I disagree. 

When you referred to it as a pyramid scheme I thought you were talking about the very idea of it, not the deficits the plan happens to be running.  I don't think they would have to change "just about everything", although you may know more about this than I do, but I still don't see how that could be right unless you're attacking the foundational concept. 

The whole concept is a fund, paid by current workers to make sure retirees get their benefits paid.

Unless the plan is to make befit payouts sporadic i don't see how SS could work as intended... and if it was done that way... that's just really poorly done and broken in my opinion.

The same problem will keep reoccuring if you simply cutback benefits until the program dies a slow slow death where eventually befits are paid out at such an age it's pointless.

Either that or you have to cap the amount of money someone can get from the government, and then you lose the original idea of it.

Unless the US hits hard times we're in for continued decreased birthdrate, as just about every 1st world country faces.

Furthermore i'd simple argue that redistribution from rich workers to poor workers, while cutting out the poorest people, and greatly hurting the people who have trouble finding work is just a broken idea in the firstplace.

The reason Social Security is like it too is likely racism.  That way the Southern Democrats were able to cut out the women and the black people.  Since originally it only applied to full time wokers.  Since then they've made improvements and modified what the original intention was supposed to be... but it's still broken.