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<p>[QUOTE="medoraman, post: 1180026, member: 26302"]There technically is an "account" that excess cash is taken out of and given US debt. So there kind of is a lockbox, but I agree with that point as well. Balances should be by person, not a pay as you go system.</p><p><br /></p><p>I just don't want SS to become another welfare system. With welfare the politicians have enormous power over the population. It shoudl stay as it is, you get back roughly what you put in, not taking away money from people who do the right thing and save for retirement, since this just rewards people not saving. Too many times people are rewarded for poor behavior in this country, and punished for proper behavior, your proposals would extend that logic. If I pay into SS, but also save money for my retirement, you want to punish me, but reward those who **** everything away and spend way more than they make. That doesn't seem fair to me.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1180026, member: 26302"]There technically is an "account" that excess cash is taken out of and given US debt. So there kind of is a lockbox, but I agree with that point as well. Balances should be by person, not a pay as you go system. I just don't want SS to become another welfare system. With welfare the politicians have enormous power over the population. It shoudl stay as it is, you get back roughly what you put in, not taking away money from people who do the right thing and save for retirement, since this just rewards people not saving. Too many times people are rewarded for poor behavior in this country, and punished for proper behavior, your proposals would extend that logic. If I pay into SS, but also save money for my retirement, you want to punish me, but reward those who **** everything away and spend way more than they make. That doesn't seem fair to me.[/QUOTE]
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