Privatizing Soc.Sec = stealing

You heard. Listen to Dean Baker.

http://www.prospect.org/deanbaker/2007/01/the_social_security_trust_fund.html#015167

"The most recent projections from the non-partisan Congressional Budget Office show that Social Security will have enough money between projected taxes and the bonds in the trust fund to pay all benefits through the year 2046, with no changes whatsoever.

This is very important to understand when someone like Federal Reserve Board Chairman Ben Bernanke proposes cuts to Social Security. Workers have already paid for these benefits. The Social Security tax is very regressive. Its regressivity can be justified by the progressive payback structure of the program. However, if the benefits are cut, at appoint when the program can still easily afford the benefits (e.g. 10-20 years), then the government has effectively stolen from the people who paid Social Security taxes."

Aaaw. Perhaps you can privatize Medicare/aid instead? Because, you know, that is actually important and makes sense.

>>3
Exactly.  But before you do away with it, you have to pay the people what you promised them somehow.  We have lots of stupid programs we could cut to fund it.  Cut money from bullshit foreign aid and other worthless expenditures and divert it to paying down the Social security dues.  Then close it down once everyone has been paid their fair share of promised benefits.