This was acknowledged in another person's post who was upset to have to "bail out" these people and I am asking if she resents the fact she has to bail out those at the top too.
<even with the recent market drop, you would have had the ability to buy an annuity that would provide you with a greater benefit than Social Security would provide you.>>
And, as I stated in another post social security is set up to prevent the lowest earners from having to get hurt by poverty when they retire and the formula is set
Mom... the proposals were to take the money that now goes into social security (from both employer and employee) and invest that.
It is allowing people to invest the money the government already takes from them, so there is no issue about lower wage earners not having the money to invest - we're talking about the money that's already being taken from their pay checks - just allowing them to re-direct it.
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This was acknowledged in another person's post who was upset to have to "bail out" these people and I am asking if she resents the fact she has to bail out those at the top too.
<even with the recent market drop, you would have had the ability to buy an annuity that would provide you with a greater benefit than Social Security would provide you.>>
And, as I stated in another post social security is set up to prevent the lowest earners from having to get hurt by poverty when they retire and the formula is set
<
-Kristen
Mom... the proposals were to take the money that now goes into social security (from both employer and employee) and invest that.
It is allowing people to invest the money the government already takes from them, so there is no issue about lower wage earners not having the money to invest - we're talking about the money that's already being taken from their pay checks - just allowing them to re-direct it.
I have much less issue with true universal health care than I do the current plans.
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