My views on Problems we face
with Social Security


 

 

 

 

Social Security

We are told that in a foreseeable future,  three working men and women,
will have to bring up the amount of pension, for each single retiree, while
today it  is 16 workers.   Everybody agrees  that  this cannot  be  done
and  that  the  system  will  have  to  be  changed.

Some  propose cuts, change  of  retirement  age  or  private  investment,
with  the  unexpressed  expectation,  that  then  necessary  cuts  would  pass
more  easily.

I  have  two questions on  this  subject, 
which  I  haven't  heard  yet  elsewhere.

My  first  question  is,  When  all  these  people  have  retired,  who  will
fill  the  jobs???

The  number of  jobs  will  increase  not  decrease.  So  in  any  case,  older
people  will  have  to  work  beyond  their  retirement  age.  To  give  an
incentive  to  do  so,  people  over  65  should  be  tax-exempt  on  income
up  to  $100,000.  Only  social  security  and  healthcare  should  be  payable.

My  second  question  is,  When  part  of  the  social  security  payments,  can
be  invested  in  the  private  sector,  what  effect  has  this  money  on  our
economy???

It  is  understood,  that  most  of  it  would  go  in  the  stock  market , with  the
result  of  a  huge  inflation.  The  actual  stockholders,  would  see  their
shares  soar  and  future  buyers  will  have  to  pay  the  higher  inflated 
prices, thus  making  hardly  any  gain.


 

 

 


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