Don’t get me started on SS. I’d be happy if they kicked it and medicare to the curb and either replaced it with nothing or replaced it with private pension-like accounts.
I think of all the money I’ve given to SS and medicare and how big of a nest egg I’d have now if I was able to privately invest that money.
Hell, I could pay my mom’s SS benefits AND fund a nice retirement on the money that I’ve paid into the system.
What do you expect when you have a giant government sponsored ponzi scheme?
However, it’s not SS and medicare that are really the problem. It’s the city/county/state/federal employees themselves that are going to bankrupt this country. Mark my words, within 10-15 years, more than half of the general funds of cities, counties and states are going to be going to pay for current and future retirement benefits for their employees while services continue to degrade and they continue to tell you that “your taxes aren’t high enough, you need to pay more”.
New Zealand’s gonna be looking pretty good about then.
