Reformation Of Social Security Standards by Frank Brooks
(libertarian)
Tuesday, August 10, 2010
Could there be a better way to manage Social Security in America? Well of course something would have to be more efficient that the way it is being handled. Americans are dumping in millions of dollars in social security taxes to keep this system in place but aside from other retirement plans added in with it you can never be sure if it will be enough. Obviously the system is needed for disabled and mentally ill people to survive. Yet many of those people are having a hard time living on just government benefits. Sadly enough many of those people end up homeless because many cannot make it on the amounts of money they receive.
We could evaluate the system to a level that finds necessary work to aid social security recipients. They offer work limits but it isn't really accomplishing anything with many of their problems. I would not expect a mental person with social anxiety to work at a fast food restaurant for more than two days if they made it that far. With that in mind could there be a job available for that same person that is capable of accomplishing a task. Could a work reserve be established providing extra income for them? Data entry seems like a reliable option if they made that readily available, and not complicated. What about social security recipients with job skills that could do simple tasks like computer assembly? I don't think it sounds stupid at all to let someone put circuit boards together from home, and relieve the system a little. The government should look into to making programs like this so it can balance the sheet more efficiently. That would be great if things like that were considered, and it would do a great deal of good if it was under meaningful control.
We must also look into people who pay into the system that could really use some of the funds to prevent themselves from going into debt. What is the point of retiring if you owe all the way to your grave? I am not referring to personal loans or anything of that nature I am making reference to general livelihood. Recently I spoke with a woman that is an outstanding tax payer that budgets extremely well, and manages money to pay for everything her family needs. She talked about having to get an operation that was unavoidable. The insurance in play was decent, and she was even able to cover deductibles. After all expected expenses were paid she was slammed with a bill for eleven thousand dollars. This was a hanging balance she was forced to cover on her own. Not that I was interested but she explained how much money she dumped into social security, and how her status defaulted her from any other form of aid. Then it became relevant to me after she made so many attempts to get outside help, and it never came. She mentioned having at least thirty four thousand dollars put into the social security system. We came to a really good conclusion about how it doesn't seem unreasonable for her to be able to take the money from her social security fund to pay for something like a surgery. It is her hard earned money to begin with, and she should have that right to use the money for necessary circumstances when needed. A surgery is more than an acceptable means for her social security funds to be put in use.
Well they say if one person does that then everybody will, and bankrupt the system. Then it is simple enough to say manage the system better. When something is not working you make it work. You cannot ponder an idea, and not put it into good use. Imagine the debt solutions that could be solved if we used any government fund in a more reasonable effective way. We could stop juggling around with debt, and start settling scores. Instead we have this crazy idea in our head to borrow, and then borrow again to pay who you took money from the first time. They call that robbing Peter to pay Paul, and it is an extremely ignorant way to handle any dime. This is extremely dangerous when big money is handled when you think about interest. I would think banks would know better but the government is pressing them to take care of who is in charge, and we all witnessed how ignorant it was to bail them out. So now people can't borrow money from the bank, and that is what banks are supposed to do loan money. So if the American people need money they should be allowed to resource every penny they have earned if they need it badly enough. I am not saying abolish the social security system but we really need to reform its standards. It just isn't right when that money could be used to save somebody who will continue to pump tax money regardless into the government's hands.
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The views expressed
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do not represent the views of Nolan Chart, LLC or its affiliates.
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