The Small Government Times
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Aug 20th, 11:42 am EST

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Updated: Nov 20th at 04:58 PM

Talking points: Social Security

The problem

The government does not trust the American people with their own money.

This poorly managed and close to bankrupt government program we know as social security is an embarrassment. Trusting our current government with our money is like leaving your 2 year old son home alone, assuming that he will take care of himself. It won't happen.

We need to be able to manage our own money. Even the most conservative estimate returns more than impressive benefits to privatizing social security. We need our retirement savings in our hands, not the government's. The American people deserve a way out.

The ratio to those paying in and those receiving is growing more disproportionate. As medicine advances and people live longer, more benefits will need to be paid for a longer period of time. That means the burden placed on workers by an already heavy social security tax will increase.

The Cato Institute predicts that "Social Security, Medicare and other senior-related programs could swallow the entire federal budget by mid-century." This must stop.

The solution

  • Eliminate social security. Allow the American people to manage their own retirement.
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