Axiom: if you want money to be spent without proper consideration, allow someone else to spend it for you.

Idea: based on the two axioms above, perhaps a system that has long been on life-support shouldn’t be fixed. Let the damn thing die.

Our great nation today contains more entrepreneurs than ever before. As such, folks like me who work for themselves have a sticky little situation with Social “Security” – we pay double. If left to it, I could invest that money with a far superior rate of return than the government. Plus, if I am investing it myself, the government has no ability to pilfer it for other uses.

Social Security is just another in a long line of democrat failures. Pull the plug already!

Well, Obama proves he a politician.

There are actually two things we can and should do to shore up the solvency of Social Security;

1) DECREASE, or at least FREEZE benefits

2) RAISE the retirement/benefits age
When social security began, life expectancy for American males was about 63 years and social security benefits kicked in at 62 for reduced benefits and 65 for full benefits.

Today Americans are living longer and healthier and there’s no question that both the retirement age and the age levels for receiving social security benefits should be raised.

Today’s life expectancy in the U.S. is 77.6 years, by the original blueprint for social security, reduced benefits should kick in at around age 76.5 and full benefits at almost 80 years of age.

In a world where people are living longer and healthier it makes perfect sense to raise the retirement age and keep those folks working and living longer, more productive lives. THAT would be good for ALL of us!

We should also very seriously consider freezing benefits. Those over 65 in America are one of the wealthiest generations ever to live on the face of the earth. Consider that the generation prior to the baby-boomers saved only $30,000 toward retirement, while the boomers have put away, on average, some $140,000! They’ve also benefitted from a stock market that improved from appx. DOW 3,000 in the 1980s to near 14,000 today and they’ve benefitted from a real estate surge that has seen the price of the average boomer’s home now going for $600,000!

So, why not cut, or at least FREEZE benefits, as we raise the retirement age?

http://workingclassconservative.blogspot.com/2007/10/how-can-social-security-be-going.html