Quote Originally Posted by Strike For The South View Post
Remind me again why we're giving a pay out to people simply becuase there hearts are still beating?
It started because FDR wanted votes and buying them is easy. And continued because the government took their money in the first place and said it would save it for them for retirement.

The absurdity of this statement puts your entire reasoning skills and your argument into question. Please dont become a financial planner and tell people that throwing their money randomly into a free market plan with no prep or research is smarter then trusting the government.


It is smarter. That's was so ***-****** awful about social security; picking any sort of 401k plan between any two points of 30 years - even if the end is at the low point of a stock crash - would give a better payout that social security. Social security is not some kind of alternate retirement investment plan that's near as good as a 401(k) plan.

Social security is so mind bogglingly stupid, and has such a low yield, that basically any form of investment outside of hiding money in a mattress will give a better return*.

So, naturally, it is the system the government insists on enforcing at gunpoint on every person in the USA. That's because the government is stupid.

CR
*When social security crashes, the mattress may have become a better choice as well.