There has always been talks about social security and its future. Well it won't end here either.
Here is what I think the government should do with it....roughly.
Ok, here goes. First, everyone that retires at full retirement age in the next 10 years will receive full benefits. Anyone that retires in the next 20 years will receive partial retirement benefits. Social Security should be privatized and out of the governments hands. The next part takes care of the rest of us, and the health care issue.
Everyone knows that you may not be able to retire anyway, I mean look at the work force and know that many are old enough but can't afford to retire. Most of your paycheck goes for your insurance now days..and most of us have insurance that isn't worth crap for what we are paying. Here is the solution I believe to help with that problem.
Everyone pays into Social Security...if you work anyway. So the money is already gone from your check, this goes to the government for your "retirement". With Social Security being privatized, this money will not go towards your retirement. What?? I know what your thinking. Most of us know that the money that we pay in right now goes to those on social security now. So, we must find a way out of this hole that was never meant to last this long anyway. So, with that in mind, what do we do?
Well, the money that you never miss or ever see now will be used as an account for insurance that the Privatized company will handle. This makes sense to do this. You have social security taken out of your check, on top of paying for insurance. Now you will have more of your check, and in a way insurance that you do not have to pay for out of your pocket (sort of). I know it comes out your paycheck, but lets be honest, most of us don't even look at it unless our check is short...right?
So, with your Social Security tax going to this insurance program, everything should be covered, no matter what. I know there has to be caps ...etc. but, I am not an insurance agent nor with the government, they can figure this crap out. But at least this way they can make sure that everyone that works has insurance, and the people that work there butts off just to take care of their families can be less stressed about taking their baby to the doctor without getting another job.
I know I could go further into this idea, but I think you get the idea of it.
Thanks for reading!
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