Medicare, Medicaid, and S.S.

Rate:
 
401 Views

The Conversation

Well Said

Ben Kedvale - 10/08/2009 - 03:54pm

I like Ron Paul's idea where you can choose whether or not you want to participate in these programs. If you want Social Security when you retire, you pay for Social Security. If you don't want the benefits, then you don't pay into the program. 

The only problem with that, is that SS isn't working like they thought it would (Big surprise, eh?) You were supposed to pay over time, and then then that money would grow over time and be there for you in the future. However, in actuality when you pay SS you are paying for the people who are currently collecting it - there is no growing and saving. Therefor, if people were able to opt out of the system entirely, the Gov. wouldn't have enough money to pay the people currently collecting. And of course those currently collecting, deserve to collect it since they paid for it their whole lives. 

Ron Paul suggested we make up that difference by drastically cutting the amount of money we spend over seas for our empire.