You can't go , because you owe.

[BT]

A Devil shows up when there are a lot of details.

The devil shows up when folks try to game the system.

For this to work, taxpayers would have to know exactly what they would get for their 3 cents on the dollar. Service providers would know exactly what compensation they could expect from this 3 cents on the dollar. If either side expects more they can expect the tax to go up- to 4 cents or 5 cents on the dollar. On a local level i could see satellite clinics and a central hospital. Smaller counties could share facilities. Wellness and preventative medicine would be encouraged. Consumables and pharmaceuticals would be purchased at the state level via competitive bid. Co-pays might not be a bad idea.

[Plane]

http://money.cnn.com/2006/09/07/pf/retirement/retire0610_whatworks_hartmann.moneymag/index.htm


John Ameriks has a close-up view of how well shareholders save for retirement. And he's come to a conclusion: How much money you make matters a whole lot less than how much you spend.


Looking at the assets of Vanguard 401(k) plan participants, Ameriks found that those who were saving enough to retire comfortably had a median income of $69,000 and median assets of $200,000.

 

 
 
The group falling behind, with assets of just $38,000, earned more - a median of $83,000. "Clearly this group is spending relatively more of its income," he says.




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This is a principal that scales up.


From the time that Pizzarro started sending cash home , the King of Spain was owed one fifth of all the gold and silver and gems that could be plundered or mined in South America .

He kept getting this large tax for about two centurys , and the monarchy was in debt the whole time.



The USA has the worlds largest and most productive economy , but Japan has a better saveings rate , most countrys have a better saveings rate.


What our Government is doing our individual people are also doing , the richer the worser .

[Xavier_Onassis]

  Perhaps we can come up with a fix , but it will have to be a big fix , as big as cutting Social security to a bare minimum or annexing Mexico.

===============================================================
Pray tell, how would annexing a poorer country like Mexico solve the Social Security problem?

Annexing Canada might be a solution: the addition of all those liberals and socialists would prevent the idiotic Republicans from being elected for a long, long time.

Not that annexing Canada or Mexico is ever going to happen.

[The_Professor]

Well, I can tell you a few things about messing with Social Security:

1. I have paid into it my entire working life.
2. I have certain expectations about my receipts form it when I retire
3. Because the Feds have plunfdered it has el zippo to do with my expectations.
4. I want my money, all of it, due to the promises made to me.
5. Older people vote and so I will vote to get what I have been promised, so don't even try to reduce my payout or I will vote accordingly.

[Plane]

Well, I can tell you a few things about messing with Social Security:

1. I have paid into it my entire working life.
2. I have certain expectations about my receipts form it when I retire
3. Because the Feds have plunfdered it has el zippo to do with my expectations.
4. I want my money, all of it, due to the promises made to me.
5. Older people vote and so I will vote to get what I have been promised, so don't even try to reduce my payout or I will vote accordingly.

If I promised you a home on Mare Imbrium would you vote for me?


The promise that is just too good to be true , looses my vote .

Social Security has been the cornicopia for everything elese for most of its history , when it runs out of cash it will sink and drag down everyone that is clinging to it.

Let me loose , let me work for ten years without paying a cent in and owe me nothing , I want to get in a lifeboat and paddle away from the S.S.Social Security.

[Plane]

  Perhaps we can come up with a fix , but it will have to be a big fix , as big as cutting Social security to a bare minimum or annexing Mexico.

===============================================================
Pray tell, how would annexing a poorer country like Mexico solve the Social Security problem?

Annexing Canada might be a solution: the addition of all those liberals and socialists would prevent the idiotic Republicans from being elected for a long, long time.

Not that annexing Canada or Mexico is ever going to happen.

Mexico has a lot more young people , more people early in their career and people as yet unfamiliar with the tragic mismanagement that the SS has always had.

We could float on the backs of the Mexicans for a few extra decades , you might say that we have already started to.


Canada would be no help , they are at least as heavy with geezers as we are.

[The_Professor]

"...Let me loose , let me work for ten years without paying a cent in and owe me nothing , I want to get in a lifeboat and paddle away from the S.S.Social Security."

I agree with you, but it will never happen, unfortunately.