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Dec 10 2022 06:02pm
Social security in the States. Roughly speaking it's government money given to people who have worked and are now retirement age.

This program has been facing problems for a while now, mostly because the number of people drawing benefits have outpaced workers who contribute into the program. I have a solution. Instead of relying on social security to cover one's old age, why don't we make people dependent on their children? Maybe we can make people's working-age children pay 5% of their incomes to support them. This makes sense because parents worked hard to raise their children and once the children are grown, it is their moral duty to give back to and care for the people who have made it possible for them to be the adults that they are today. Also, this would encourage people to have more children as the total amount of money they will get will be more if they have raised more children. This would solve the problem of falling birthrates in the country. It's a really nice bonus. Another benefit: it fights inflation. The money people currently pay into the program doesn't get taken out till decades later and inflation can really eat into it. But if people instead get paid from their children's incomes then this money will have "come from the future". In other words, people will need retirement money in the future and the future is when they get the needed money. As such, inflation doesn't cause an issue.

Of course I think regular social security should still exist, for people who decide to not have children. But if they want to be selfish and just enjoy life without taking the hard work of raising children to be future tax contributors, then they shouldn't expect to be treated the same way as people who put in the work to raise children.

So what do you think of my idea?

This post was edited by JessiWan on Dec 10 2022 06:07pm
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Dec 10 2022 06:30pm
Quote (JessiWan @ Dec 10 2022 04:02pm)
Social security in the States. Roughly speaking it's government money given to people who have worked and are now retirement age.

This program has been facing problems for a while now, mostly because the number of people drawing benefits have outpaced workers who contribute into the program. I have a solution. Instead of relying on social security to cover one's old age, why don't we make people dependent on their children? Maybe we can make people's working-age children pay 5% of their incomes to support them. This makes sense because parents worked hard to raise their children and once the children are grown, it is their moral duty to give back to and care for the people who have made it possible for them to be the adults that they are today. Also, this would encourage people to have more children as the total amount of money they will get will be more if they have raised more children. This would solve the problem of falling birthrates in the country. It's a really nice bonus. Another benefit: it fights inflation. The money people currently pay into the program doesn't get taken out till decades later and inflation can really eat into it. But if people instead get paid from their children's incomes then this money will have "come from the future". In other words, people will need retirement money in the future and the future is when they get the needed money. As such, inflation doesn't cause an issue.

Of course I think regular social security should still exist, for people who decide to not have children. But if they want to be selfish and just enjoy life without taking the hard work of raising children to be future tax contributors, then they shouldn't expect to be treated the same way as people who put in the work to raise children.

So what do you think of my idea?


social security was a scam.
it was an excuse to grab more taxes
then people started to live longer that so many more began collecting it than was anticipated. lol :)
but yea it started as an excuse to grab da money
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Dec 10 2022 06:40pm
No.
We are already exploited enough by that generation.

This post was edited by Plaguefear on Dec 10 2022 06:42pm
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Dec 10 2022 06:42pm
Quote (Plaguefear @ Dec 10 2022 04:40pm)
No.


Really?

What do you not like about my proposal?
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Dec 10 2022 06:43pm
The thing people don't understand about Social Security is that the employers "match" what the Fed took out of my check.

The Fed took 7.65% out of every paycheck I received, then the employer matched that for a total of 15.3%
In today's money, I'm getting $200 LESS a month than I put in when I worked.

Social Security is actually a good system.
If the Fed hadn't been dipping into the Social Security Trust Fund for "other" things... Social Security would be "making" money, faster than they are paying it out.

People need toi quit listening to those wacky lefties and MSM. ^^

This post was edited by Ghot on Dec 10 2022 06:51pm
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