I'd be fine with it, as long as the robbery stopped now.The Annoyed Man wrote:
If you're younger than me, then it is safe to say that I am vested to a larger degree in the outcome of social security reform than you are. That "rob Peter to pay Paul" kind of snarkiness can cut both ways. You don't want to pay into my retirement. Fine. I want all my money back. All of it. I want you to get your money back too, but since I'm a bigger investor than you by virtue of having been in the work place for far longer, I should be ahead of you in the payout line. I'll get mine. If there's any money left, maybe you'll get yours. How do you like that? We're not talking about a bad investment in a private corporation here. We're talking about the full faith and credit of the United States of America. I whole-heartedly agree that SS is a ponzi-scheme. I whole-heartedly agree that the system needs to be reformed. I whole-heartedly agree that reformation should consist of privatizing it. But, I also insist on getting paid back every penny of what I put into it, since I had no legal choice in the matter. Anything less is highway robbery. So, if you have to break a few eggs to make an omelet (which seems to be your POV), better that your, smaller, less valuable egg be broken than my, larger, more valuable egg.
How do you like that?
Edit: You'll notice I never said it was going to be pretty. I don't expect the old folks to take all the suffering and pain. If we have to do it your way, then that is fine. If I never see a PENNY of what I put in, even if I have to put into this lie for the next 20 years, I'm fine with it. I'll consider that the price of doing things the right way and if that is the sacrifice required to stop the lie of govt funded retirement, then I'll gladly pay it.