Aug 06, 2005 22:15
Straight from Charlie Daniel's soapbox
A View On Social Security:
When I turned 65 a few years ago, I was pleasantly surprised to discover that social security payments were still available to me.
Surprised because to be honest, I didn’t have much faith in the social security program lasting until I reached the age to draw it. I thought that the money would have run out. Not because it wasn’t paid in, I had been doing that for over 40 years. I was just afraid that our politicians would have spent it. After all they’re very good at that sort of thing.
I still believe that the social security program is in serious trouble and that it will run out of money in a matter of years if Congress doesn’t stop horsing around and take some steps to prevent it.
The first things some of them have to do is to take their heads out of the proverbial sands of denial and admit that there is a problem and a very serious one.
The problem stems from the fact that there are more and more people drawing social security checks and less and less people paying into the program and you don’t have to be an economist to realize that with more going out than is coming in the program has to run out of money sooner or later.
Besides if the social security program is so great and so sound why do government employees, including congressmen and senators have a separate retirement program?
As I look back over the years I wish that the government had taken a portion of my payments and invested them, if only in an interest bearing bank account. I can’t imagine what would have accrued over the many years that I have been paying in.
That’s why I can’t understand what the big problem is with taking a small percentage of the new generation’s social security taxes and investing them. They would be so much better off at retirement than they would be without it. And it would be great for the economy to put the money into the marketplace.
Well I guess I do understand why politicians don’t want to do it. They wouldn’t be able to get their hands on the money to spend on their pet projects, and to top that off you’d be able to pass the money on to your kids when you die.
Let’s just apply a little cowboy logic to the subject. Money paid into the social security fund should be put in a separate, untouchable account so it can’t be spent by politicians.
That’s the first thing we need to. Congress is a bunch of incurable spendaholics. They will spend every cent we put in their hands and ask for more, more, more.
We should take away the temptation.
Pray for our troops.
What do you think?
God Bless America
Charlie Daniels
Copyright © 2005 Charlie Daniels