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Old 02-07-2006, 09:25 PM   #25 (permalink)
onthefence
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Quote:
Originally Posted by ridinhighspeeds
Quote:
Originally Posted by Jaxian
Is it? I think that if a government professional invested my money, he could make a lot higher return than I could. I really know very little about investment.

Certainly I'm not going to disagree that our current social security plan is making me less money than I could make on my own. But under our current plan, the government is not investing my money at all. If they were investing my money, they'd do a far better job than I, don't you think?
Then why not have the government invest your money in bonds, CD's, etc. instead of IOU's?? Seems to make sense to me
That does make sense, and that's the point Uncle Sam needs to do it.
If you don't take that $60 from me every week and invest it for me it won't happen...... I have a wife 3 kids 2 dogs and plenty of things I could spend $60 bucks a week on. Don't fuck me out of it. I like the idea of it going into a private account but uncle sam or big brother somebody has to take it away from me for my own good and make it grow so I don't have to live in a cardboard box eating cat food when I am 70.

Yes social security is broken, but it is better than nothing.
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