DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post

**NKUDirectory** · 11-11-2005, 05:07 AM

Before I figure out what I think about this, I'd like to hear from people what Social Security is, first.

I know what it is in terms of what it does, I just want to know the purpose behind the program.

If it's a retirement fund, it shouldn't exist. Government shouldn't do for people things they can already do for themselves. If you must have it, it should be a private accounts system, as the only real excuse people have for supporting a public retirement system is that people won't save on their own. Okay, so just make it forced savings. Problem solved.

If it's social insurance, then why are we giving it to the wealthy as well as the poor?

11-11-2005, 05:07 AM	#2
NKUDirectory Join Date Nov 2005 Posts 597 Senior Member	Before I figure out what I think about this, I'd like to hear from people what Social Security is, first. I know what it is in terms of what it does, I just want to know the purpose behind the program. If it's a retirement fund, it shouldn't exist. Government shouldn't do for people things they can already do for themselves. If you must have it, it should be a private accounts system, as the only real excuse people have for supporting a public retirement system is that people won't save on their own. Okay, so just make it forced savings. Problem solved. If it's social insurance, then why are we giving it to the wealthy as well as the poor?
	Quote