Basically you are not wrong.
The next step will be the confiscation of everyone’s 401k / IRA savings under the guise of “fairness and compassion” the government will try to use everyone’s retirement savings to offset those who saved nothing, without social security this will be how the “fix” it then it will be fair and everyone will be eating cat food and grass.
As a side note, congress has already had bills submitted in the past to do this very thing.
Meet the Social Security “trust fund”:
What happened to Algore’s Lockbox?
My point is this, in the many, many times I have heard people talking about “protecting Social Security” I have NEVER heard anyone mention that Congress should be forced to stop spending the Social Security surplus contributions. If you have heard someone mention this, please tell me who this was.
Can’t say if you’re right or wrong. I just don’t know what you mean by “surplus contributions.” WHAT is surplus? That word would indicate that everything contributed by employees/employers is over and above what is needed to pay out benefits IMO. Clearly that is NOT the case with SS.
lets be FULLY honest here. Look at the whole system, not just one small part like liberals do.
Systems are complex, hard to control, they lead to answers like God.
A few thoughts:
1) I inherited a bit from my parents because they received socials security and Medicare. That would have consumed their wealth and mine if I had to spend to take care of them. It was my responsibility to take care of them. I am just pointing out that I benefited from the govt pmts in my current wealth situation. And so did ALL of us.
2) What is wealth? The rather not specific definition from Adam Smith, is that when you spend it, it generates more wealth. The example is that when you drain a swamp, make improvements, you can make it a productive field. DRAIN THE SWAMP. Does that give you new meaning to what can happen with Trump?
3) In Adams view, govt and lawyers were a consumptive activity, not wealth generating. But they were needed in limited quantities. We spend money on faggots, racism, global warming, etc. all consumptive activity.
4) Our govt has invested in the past that generated more wealth, it can happen. Alaska purchase, rural electrification, interstate system, space exploration, more if we think about it.
4) So where do we invest our money to generate more wealth? Send it to New York, and support more wokism? Send it to govt to support more wokism.
5) What does God say on the matter? Invest in the Kingdom so that you will be welcomed into heaven. Your most valuable assets are your time and relationships. Invest in people and local. BUT BE WISE ABOUT IT.
Social Security is just a tax, like all others.
To be spent as congress sees fit.
There is no “Lock Box”.
It’s not your money, and you have no legal claim over it.
Ruled as such by SCOTUS over and over again.
Act and plan accordingly.
I remember reading a USSC case where somebody sued believing that they had money held by SS . The court ruled that government misinformation by using words like "trust fund" was legal because the government wasn't obligated to use words as people would normally understand them. Social Security was a ponzi scam from the start.
***Every Social Security contribution****
Forced contribution is confiscation.
Years ago AARP Magazine had an article on the SS system. It said the SS was NOT a Ponzi Scheme because Ponzi schemes always collapse. Because SS has not collapsed was used as proof the SS is not a Ponzi Scheme.
A few pages on was an article by Jane Briant Quinn on how the SS system was set up. Without saying the word “Ponzi” she showed how the SS was set up just like a Ponzi Scheme with FORCED “contributions” constantly coming in.
The only money in the Social Security system are the current contributions as they pass through being spent.
At the beginning of this Century, that dude who was President during the proclamation of Global War on Terror did some kind of nation-wide effort. He said he wanted to reform Social Security so workers would own their accounts and control where the dollars were invested.
For the most part the media just ignored his ideas; well, they said people were not interested. And some Demonocrats (sic) mocked it and said it was a risky scheme (or some other trigger label).
Just remember this: YOU are on your own. No one is coming to rescue YOU. But the Feds will force YOU to rescue others. The status quo will change only insofar as it will cost (i.e., hurt/disadvantage) YOU.
Reminds me of this old Roy Acuff song from 1939.
The Old Age Pension Check Lyrics
When our old age pension check comes to our door
We won’t have to dread the poor house anymore
Though we’re old and thin and gray
Good times will be back to stay
When our old age pension check comes to our door
When her old age pension check comes to her door
Dear old grandma won’t be lonesome any more
She’ll be waiting at the gate
Every night she’ll have a date
When her old age pension check comes to her door
Grow a flowing long white beard and use a cane
‘Cause you’re in your second childhood, don’t complain
Life will just begin at sixty
We’ll all feel very frisky
When our old age pension check comes to our door
Powder and paint will be abolished on that day
And hoop skirts will then be brought back into play
Painted cheeks will be the rage
And old maids will tell their age
When their old age pension check comes to their door
All the drug stores will go bankrupt on that day
For cosmetics, they will all be put away
I’ll put a flapper on the shelf
Get a grandma for myself
When her old age pension check comes to her door
There’s a man that turned this country upside-down
With his old age pension rumor going ‘round
If you want in on the fun
Send your dime to Washington
And that old age pension man will be around
People who think there is some magical account with their name and SSN on it need to have their pictures placed right next to the definition of the word "gullible"