Here, listen, this is what I propose: The Government can keep everything they've taken out of my paycheck since I started working at 13 years old. Everything. Keep it all. Just let me out of the program so I can put MY MONEY towards MY RETIREMENT. Is that fair. No, it actually isn't since the Federal Government has taken SO MUCH from me over my working lifetime that I will never ever get that back but perhaps there is an opportunity for me to provide for my retirement with the time I have left if the LET ME OUT of the program.
For too long this has all been a Dog & Pony show for the rubes (ie: taxpayers). For the longest time we have known that there is no TRUST FUND set aside for every working American paying into the plan even though the Federal Government insists repeatedly that there is. The money is actually coming directly out of the paychecks of people working today. There is nothing set “aside”. Today's’ Social Security payments are a direct money transfer from money earned by taxpayers TODAY.
If the program is running a deficit that means that taxes will go up for the people working today to pay the people who are no longer working and are living off of Social Security. How well would this sit with Grandma and Grandpa if they know their kids and grand kids are on the hook for their payments? But that’s what’s happening .
But it’s not only retirement benefits and it wouldn't be so bad if the payments were only limited to retirees. It’s the SSI, the Supplemental Security Income payments that are given to everyone who says they’re hearing voices when their unemployment benefits run out that is really killing the system. Those payments also come out of the Social Security "Trust". This allows people who have never paid a dime into the Social Security “Plan” to collect benefits from it since they are deemed "Disabled". Does the Federal Government actually check whether these people are disabled or not? Nope! What the hell does the Federal Government care, it’s OTHER PEOPLE’S MONEY, right? It's their job to give out the money so that's what they do. It’s all fun and games in “Other People’s Money” land. Just give it away since that’s what their job is, giving money away to people that “need” it.
That is, until the well runs dry. They it’s back to the taxpayer to get more. But what if there isn't any more? What if there are more people drawing from the well than are contributing? Then the whole shit-show hits a snag.
Although most of the time I avoid thinking about it but I sometimes imagine all the money I've earned up until this point in my life that the government has taken. I compare that figure to the fact that the Federal Government has run a $18 Trillion dollar debt. Then I imagine what I could have done with that money that they've taken out of my pocket before it even went into my pocket. The things that could have purchased, the lives I could have enriched. My life would have been better off for it too. Much better. But instead it went elsewhere. Perhaps to fund the many wars we have fought since I was born. Or to fund free abortions. Or to line the pockets of some Congressman or even the President. But where ever it went, I know it wasn't put to as good a use as it would have if I had been able to hold onto it. That's a given.
I didn't volunteer for this. I was born into this Socialist Boondoggle and I want OUT. It was doomed to fail and with the nameless faceless government not caring enough to look twice at the people they’re giving the benefits away, taxpayers like me are left holding the bag and we can’t get out because the government is holding a gun to our heads. We can’t opt out. But I want out. In fact, I never wanted in. Not from the first day I received a paycheck when I was a kid and wondered why there was so much taken out of my first paycheck. I was told it was taxes to help the less fortunate. But I was less fortunate, I was working since I was in the sixth grade. Who could be more deserving than ME of MY MONEY. I didn't understand and I STILL don’t understand.
But that’s what Social Security is all about. YOU are too STUPID to provide for your own retirement so the government will help you provide for it whether you like it or not. YOU are incapable of providing for yourself into the future. The government knows best how to provide for you. You just have to pay it out to THEM and someday, maybe, they will pay it back to YOU.
The day I got my first paycheck was the day I became a Libertarian. I have always been a libertarian.
It just took that first check to realize it.
Is this any way to run a free country?
No, it isn't.