--- In [email protected], "Richard J. Williams"
<[EMAIL PROTECTED]> wrote:
>
> Ruth wrote:
> > It isn't like people are going to lose their will
> > to work if they get health care paid for by tax
> > dollars.
> >
> They might if they don't need any health care or if
> they are forced to buy government health care when they
> don't need it. Why should young people be forced to pay
> for the health care of older people? It doesn't make
> any sense. It's a crazy ponzi scheme just like Social
> Security.
>
> "There is an analogy between the compulsory aspects of
> the candidates' health care proposals and Social Security.
> A young man or woman would be crazy to participate in the
> Social Security system if he or she had any choice. If
> anyone saved 12.4% of his earnings over a lifetime, he
> would not only have far more money in retirement than
> Social Security can provide, it would, equally important,
> be his money, to invest and dispose of as he sees fit.
> But the government needs young people's money to support
> their grandparents' retirements, so Social Security is
> forced upon them. The same thing, in essence, will happen
> with health care if any comprehensive "reform" plan is
> adopted."
>
snip
Hard to know what to think about the SS figures- it looks like a
chain letter really but some of the figures are curious.
When I started working, I was making a little over 100 a
week(quite a while back) now, on SS I receive bout 250 a week but the
money has lost so much value that it is the equivalent of nearer 25 so
is it coming out even?
5.00 used to more than fill anyones gas tank where now 50.00 will
hardly do it- money has really depreciated.
