Reagan Posted April 27, 2019 Report Share Posted April 27, 2019 It is my understanding that LBJ moved the Social Security Trust Fund money into the government's general fund to help mask the cost of the Viet Nam war. We have nothing more than IOU's in the fund now. My suggestions: Stop putting into the general fund and keep everything in the trust fund. Wow, no brainer there! Then I would eliminate the Dept's of Education and Energy and earmark those expenditures to the SS trust fund. Remember -- these two dept's were created by Jimma Carter in the late 70's. Oh yeah, Carter also gave us gasoline lines. But that's a story for a different time. Anyway, those two dept's were not needed then and are not needed now. Thoughts? Suggestions? Quote Link to comment Share on other sites More sharing options...
stevenash Posted April 27, 2019 Report Share Posted April 27, 2019 How dare you try to reduce the size/cost of an efficient and magnanimous government!!! Reagan 1 Quote Link to comment Share on other sites More sharing options...
mat Posted April 28, 2019 Report Share Posted April 28, 2019 I would have no problem eliminating either of these. However, would you also propose eliminating the funding of each that goes to each state? If so, how would that affect each state? If not, how would we managed the allocations? Quote Link to comment Share on other sites More sharing options...
Reagan Posted April 28, 2019 Author Report Share Posted April 28, 2019 4 hours ago, mat said: I would have no problem eliminating either of these. However, would you also propose eliminating the funding of each that goes to each state? If so, how would that affect each state? If not, how would we managed the allocations? Mat, good question. I would say this: Jimma Carter created the dept of Education as a payoff to the teacher's union for their support. So, apparently it was not needed before that. Every state has a dept of Education. Just go back to the formula, whatever form that was, before he created it. Education seemed to work just fine previous to this creation. Quote Link to comment Share on other sites More sharing options...
PhatMack19 Posted April 29, 2019 Report Share Posted April 29, 2019 I’m 39. I would give up everything I’ve paid up to now if they let me opt out. Imagine having 12.4% of your money to do with as you please or fund a personal retirement account. I guarantee you it would be a lot more than you will ever get from SS WOSdrummer99 1 Quote Link to comment Share on other sites More sharing options...
mat Posted April 29, 2019 Report Share Posted April 29, 2019 19 hours ago, Reagan said: Mat, good question. I would say this: Jimma Carter created the dept of Education as a payoff to the teacher's union for their support. So, apparently it was not needed before that. Every state has a dept of Education. Just go back to the formula, whatever form that was, before he created it. Education seemed to work just fine previous to this creation. Once programs like education and energy are established it is very hard to revert back. The same is even so for social security. It was never intended to be mandatory or a primary retirement income but that's where it is. Quote Link to comment Share on other sites More sharing options...
LumRaiderFan Posted April 29, 2019 Report Share Posted April 29, 2019 11 hours ago, PhatMack19 said: I’m 39. I would give up everything I’ve paid up to now if they let me opt out. Imagine having 12.4% of your money to do with as you please or fund a personal retirement account. I guarantee you it would be a lot more than you will ever get from SS Agree...they take money by force using the IRS instead of a gun. Allowing folks to secure their own social security would take away too much power, not to mention a great revenue stream to steal from. Quote Link to comment Share on other sites More sharing options...
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