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Pastimes : I've Been Dubbed A Clown and Banned

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To: Terry Maloney who wrote (1729)9/4/2010 3:43:10 PM
From: John  Read Replies (1) of 1735
No, I was insinuating that you would support cuts to SS

No, I most certainly would not.

I think social security and all other socialized programs and socialized medicine schemes should be completely eliminated, not merely cut, but certainly not in the way you may think.

I strongly support giving the citizens who have been forced to pay into social security and medicare all of the payouts and benefits they were promised.

The elimination of the programs should consist of a tiered and graduated approach. Future generations would pay less and less into the system and receive, proportionally, less and less in return until the systems are completely closed.

Such an elimination plan would be fairly achieved by gradually increasing the retirement age for citizens entering the workforce today and making participation completely optional for everyone. Modest lump sum payouts could be offered to current participants who elect to withdraw.

In summary...

- completely honor current and pending social security and medicare obligations
- make the programs optional for people who have not reached retirement age
- offer modest lump sum payouts for those who withdraw or decline to participate
- promise future generations less
- tax future generations proportionally less
- incrementally raise the retirement age
- gradually phase out and dismantle both systems by 2050 to 2075
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