Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/5/84; site unmvax.UUCP Path: utzoo!watmath!clyde!burl!ulysses!allegra!bellcore!decvax!genrad!teddy!panda!talcott!harvard!seismo!cmcl2!lanl!unmvax!cliff From: cliff@unmvax.UUCP Newsgroups: net.politics Subject: Re: Social Security Message-ID: <592@unmvax.UUCP> Date: Mon, 21-Jan-85 21:43:22 EST Article-I.D.: unmvax.592 Posted: Mon Jan 21 21:43:22 1985 Date-Received: Sun, 27-Jan-85 04:39:24 EST References: <509@houxu.UUCP> Organization: Univ. of New Mexico, Albuquerque Lines: 38 > Now, what about social security running out of money, well horse pukkey. > The social security system is sound, as a matter of fact Reagan is eyeing > the money in the social security trust fund to pay the cost of running > government. How, you ask? Simple, buy government bonds at below the going > interest rates. > > What social security needs is not to be disbanded, it should be > strengthened. How? Simple, put the tax on one's whole income and make it > progressive. Also, charge employers a progressive social security tax. > For every dollar of an employees salary that is over a hundred thousand > dollars, the employer must add a a matching dollar to the social security > fund. Further, every time prices are raised for a given service or > product, then the social security fund must get half the amount of the gross > income due to the increase in price. Er, if it is not running out of money, why does it need more? Your are full of it. Social Security is not fiscally sound. It is a pyramid scheme, like Amway... (I guess that's why they call it Amway). Whoever gets in early enough profits (not to mention the scores of bureaucrats that administer it. What is the point of helping anybody except those who can't help themselves? Is it an attempt to weaken the individual and get him/her hooked on big government? > Some other things that can be done is pass laws dictating that companies > can not have mandatory retirement regulations. Raise the age that social > security starts to 70 or 75. Good idea! Make sure that the money that is stolen from people who stat- istically have shorter lifespans will never see them again! Yeah, SS is such a good set up that we should raise the age to 100! > Larry Welsch > houxu!welsch --Cliff [Matthews] {purdue, cmcl2, ihnp4}!lanl!unmvax!cliff {csu-cs, pur-ee, convex, gatech, ucbvax}!unmvax!cliff 4744 Trumbull S.E. - Albuquerque NM 87108 - (505) 265-9143