01-05-2005, 11:39 PM
asteele2 Wrote:When we're old it would be nothing if next to impossible to receive any kind of SS check...
It was never meant as a means of supporting retirement - it was meant as a supplement. Generally, I dont really support such socialist agendas, but we're fucking stuck with it now so lets try to fix it and phase it out over the next 60 or 70 years. What bush is attempting to do isnt a wholesale reform.... if you look at the numbers - a cap of $1000-$1300 per year - you will probably invest way more than that on your own. IMO, the government should invest some of the funds to create a higher rate of return to cover the shortages 40 years from now, although that creates another problem - mass influx of funds into the investment market.