Is the US Presidential Election Fair to Retirees?

[schwarzchildradius]

Sicne this thread is back from the dead: Shame on your grandmothers for not saving for their retirement (mine did) and shame on you for forcing others to pay for their mistakes.

What kind of logic is that? grandmothers pay into social security, and then they reap the rewards so long as neo-con-men haven't looted the savings for profit. No others pay for their mistakes, that's simply wrong.

 

[russ_watters]

What kind of logic is that? grandmothers pay into social security, and then they reap the rewards so long as neo-con-men haven't looted the savings for profit. No others pay for their mistakes, that's simply wrong.

Great - we pay them back what they put in then: and not a penny more. Better? That way, I get to use the rest of my money to invest for my future. I realize its unreasonable to expect people stop stealing all of my money that they are stealing - how about just reduce how much they are taking?

I pay more than 15% of my income into a system that will return me a tiny fraction of what I could have gotten from that 15% on my own. Who is responsible for that discrepancy?

Or how about this: do you agree that its a good idea to save for retirement? Do you agree that its a mistake not to? Do you agree that SS exists to pay for the retirement of people who wouldn't otherwise save for themselves? Do you see the direct linear line of logic there?

Maybe this weekend I'll do a little math for you guys. It appears that you just plain don't see that the amount of money you are losing on this deal is enormous.