Statement from the Candidate
In 2010 I ran an unsuccessful campaign for the United States Congress, but I'm still posting blogs that I believe express an opinion that most other people miss, and that I also believe can make America great again and cast off the yoke of liberal/progressive control that is currently in place.
Saturday, November 13, 2010
Restoring Prosperity: FICA Taxes and Fairness to the Young
The liberals/progressives continue their idiotic argument that we must continue to feed money to the government for our retirement because, given the recent down-turn in the stock market (a down-turn that was begun and made worse by government action, by the way) the. Tell that to the citizens of Greece! And the way of Greece is exactly the direction we're heading. The government can cut off any spending, payout and benefits any time it so desires, as Greece has recently demonstrated. But if you have money invested in corporate stocks or bonds, even if the market crashes, you have some value left, and the value will restore as the market recovers. And if you lose all your money in a market crash then it's your fault for not sufficiently diversifying your investments.
People with actuarial skill and training need to determine the age at which full Social Security pay-ins are reduced and what ages are completely exempt from paying into the phony system, but we are destroying the futures of our children and grand children with the current program, and that's immoral.