Here’s the thing about Social Security. As long as you are working, granted there are certain requirements to be eligible etc, you have been paying in. I started “working” when I was 14 and believe I started paying into the system when I was 16, I am now 31 years old and have put in $18k into Social Security or so my little yearly handout I get from the government says. So to put it nicely, if we get rid of the system, I want my mother f^#&ing money. $18k is $18k and I want it back, if it were $10 I would want it back. I’m pretty sure everyone else wants it back as well.
Social Security is like a gift card from the government. The system hopes you don’t use the entire balance on the card, aka you expire before your contribution/deposit runs out. That allows a surplus that goes back to the government and/or Social Security, just like Walmart hopes that you don’t use the entire balance on the gift card leaving them a leftover surplus. Better yet, sorry to use mortal terms, it would be even better if you expired before you get to withdraw, or in gift card terms, you lose your card.Yes, there are specifics that I am leaving out here, but I am not the best source for facts anyway.
Honestly the system while just okay at creating a minimum balance to retire and distribute as a payout, is in fact brilliant in that it forces people to plan while giving them money to balance budgets (I never agreed to that part). Granted some people don’t agree with government just taking your money, but some people don’t agree with Fluoride in the water. Fact is it’s there, a lot of us contribute, and it should remain for those whom have paid in.
The argument is that too many people will retire (boomers), pulling out too much money, without a greater input of cash going in. I understand, more people retiring than ever before, and if they live as long as they might live, OMG for GOV’T. The thing is there is quite the growing population in the US; however the employment opportunities seem to keep dwindling down. Manufacturing, customer support, engineering, and supplies keep getting sourced to other countries, thus less people inputting into the social security system and with the jobs left, inputting money at a much lesser rate. I don’t know when it became popular to look down on these trade jobs, vo-tech education, and service industry, but it is hurting the society as a whole because now everyone wants to be a rock star or computer programmer over being a carpenter, plumber, and electrician. I digress, but I am really just saying government, society, and American companies need to create more employment opportunities for Americans and then your cash recovery for Social Security I would think occur.
So please, when you can, buy American. Write your congressman to create more jobs here and do what you can to help out, because someday I want my mother f^#&ing money.
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