Social Security - Who Believes It Still Exist?

One of the long term solutions that I've heard President suggest is that those who earn more might pay more into the system. That, to me makes sense. I've read reports that state more than 58.7 million people rely on Social Security checks that average $1,072 monthly. That s/s was the "primary" source of income for 64 percent of retirees who get benefits, that one-third relied on s/s for at least 90 percent of their income. Advocates for seniors argue that the Consumer Price Index doesn't (the system used to determine yearly increases) adequately weigh the costs that most affect older adults, particulary medical care and housing. In all, I think congress should stop borrowing from s/s surpluses (which is substantial) ... and focus on suring up that system for the future something very simply done. Seniors vote and they vote handsomely ... take a poll, see what they say of social security and its importance to them.

It seems to me like "social security" is code for many things, none of which have "security" included. For one, it's opened the door for the argument that "government" should provide for people on a broader scale, bla bla, because if you agree with "social security," then you must have to agree with everything. (Like agreeing on spending a dollar means you agree with spending 5. Weird logic, but government and those arguing in its favor are rather weird if you ask me lol) It's also a license to tax more than I feel government should tax. And even if SS were to evaporate, I doubt taxes would decrease. The government ALWAYS manages to find ways to waste money, so when people shout that "we need to cut social security," I always end up scratching my chin and thinking "is that the best possible place to cut out of the billions they waste every year?" But I think you're exactly right - they treated the money like those old banks that used to go out of business, and everyone waiting in line for withdrawals were SOL! They collected the money, DID NOT use it for any "security" purposes, blew it, and are now trying to trim the output while increasing the input. Government--the way it actually operates, that is--simply doesn't make sense to me. More than anything, it is something wholly unable to create. It only exists because private industry pays for its existence. People paid into SS for most of their lives with the impression that it was THEIR MONEY when they got older and needed it. I guess, in essense, it was supposed to work very socially - this generation take care of the previous, then it's your turn! (More to it than that, I'm sure, but I'm very simplistic and don't need the mumbo jumbo.) That's something government should have never handled, in my opinion. I mean, really - how they can not screw something like that up? Something inherently self-serving and parasitic in nature like government cannot broker a retirement fund or safety net for millions upon millions people. Government itself is already a "social" program. In the end, I view it all in very simple terms. The person I voted for to be my mayor, Congressman, President, etc, is supposed to work for me BUT will make more money than I do, have better benefits, better retirement, and can actually vote to use more of MY money to make it all happen. Game, set, match. The longer I live, the more of a libertarian streak I think I have in me. Limited government! It's harder to screw things up when you're not in every corner of American life. I'm not sure where SS will come from in the future. I just have a feeling people will have to keep paying and that SS will evaporate long before welfare.