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Social Security Is A Grand Ponzi That Will Soon Fail.
THIS IS NOT AN ABORTION DEBATE! PLEASE RESPECT THAT. That being said, when the developers of social security planned for the funding of social security., they geared it according to the average growth trend in the U.S. With abortion, there are now thirty million less taxpayers to fund social security. That is a huge chunk. Social Security was always a Ponzi scheme. Ida Mae Fuller, the first recipient payed in like $26 into her "account" before retiring. She received somewhere around $28,000 in benefits. She sure did not accrue that. It is a Ponzi scheme. See the problem?
 Bugman  16 Sep 2008 23:32
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There is no argument FOR social security. Just justifications promoting a socialist agenda.

Some people will always believe that the gov't owes them or that they're entitled to ...whatever. Very defeated and sad group people.
 
 Cons_Lies  17 Sep 2008 05:20
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In fact we are in the middle of the largest baby boom since THE baby boom. Right now it is estimated we would have to have a complete economic collapse that lasted for 15 to 20 years to cause the social security system to completely fail, in which case social security will be the least of our problems.
 
 finsch  20 Sep 2008 22:37
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Fiscally solvent? HAVE YOU NOT BEEN LISTENING TO THE NEWS? Nancy Pelosi has said that the social security is fine also. Of course in the next breath she said benefits might have to be reduced to 80% of what was expected. Sound fiscally solvent? Instead of throwing out statements you can't back up or using the word "tweaks" instead of solid ideas, why not do some research and you will see why I say this. Were those statements supposed to be rebuttals? Tell me WHY it is fiscally solvent.

The point about people dying early is a moot point. That was always the case. That does bring up an ummm...incongruity of the system- Pay all those years, die the day before you retire, and "poof", if no survivors, the money is gone. Sound "fair" Grokit?

P.S. What does red state/blue state got to do with this? This is not a debate about "who cares more" or "who pays more". It's about what I stated in the debate.
 
 Bugman  17 Sep 2008 03:09
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 I did it again. Wrong place....
by  Bugman
 17 Sep 2008 03:09
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Social Security is the only fiscally-solvent institution left in the U.S., and that is what infuriates conservatives that want to dissolve it.

As far as you "example" goes, it is totally negated by the fact that many people that paid into the system for decades, only to die before they collected any benefits.

A few small tweaks here and there and it will even accommodate the baby boomers, as long as our economy can contain unemployment.

This debate reminds me for some reason of the fact that the red states are the most against public assistance, yet they pay the least in taxes, and receive the most benefits; that's why they are called the "welfare states".

Blue states, on the other hand, pay the most in taxes, receive the least benefits, yet they are still ironically in favor of supporting the red welfare states.

Quite the incongruity, eh Bugman?
 
 grokit  17 Sep 2008 01:53
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 See my social security reply GROKIT. Put it in the wrong place....again....
by  Bugman
 17 Sep 2008 03:10
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