Social Insecurity

"War Dollars" as discussed on Steve's blog.

"Spending what we can afford" as discussed on Tim's blog.

And "Social Insecurity" which will be discussed here.

Are all very important factors in our growing deficit and debt. Currently at around twelve trillion dollars and growing at a rate of one and a half trillion a year the national debt has become a staggering monster hiding in the closet of every American man, woman, and, especially, child.

Social Security is a major issue in today's society because of the way it has been set up in the past. When it was created it made sense, in the process of its creation it reduced the unemployment rate of senior citizens from 50% to 10% in a matter of a couple decades. But, now as the baby boomers approach their retirement age and over one fourth of the country is going to be collecting social security the program suffers major short comings in its budgeting. The governments spending on this issue was doing just fine until congress stuck its nose into it and started to withdraw money in the form of IOUs which we all know can't be paid off if 12trillion is being tied up already. Good luck getting your social security on time... Or at all.

Social Security is a death trap or if not death certainly a trap in which starving to death is a great possibility. The positive side is that if we take the time now to fix the flawed system we have created it might get better and possibly, we will be able to get our social security benefits that we are paying into right now. I agree with raising the retirement age in the nation because truly we are a healthier long living country than we were 50 years ago. Also if this were to happen then more money would be coming in while people are working and this money taken in can be returned to the payers! Wow, what a system, you pay now and receive later, the amount people pay in should be the amount they receive out of they system. It isn't hard to add and subtract and when you look at someone's earnings in the end it should equal their spending. The concept isn;t hard to grasp and eventually congress will get it.

Image found at Site.