Social Security would be in perfectly fine shape today if Democrats and Republicans would have NEVER raided the Trust Fund. I believe that if we stopped the government from doing that now, it would be perfectly feasible.
I don't see how Social Security, which has made elderly poverty below the rate of poverty for the general population, can be considered misguided. I fear that if we just left it all up to the individuals themselves, who are inundated upon with requests to buy this, pay later, then our nation would be in the perfect position for having more indebted elders in poverty (and they would then get on the welfare dole). So, frankly, I would prefer President Bush's proposal for Social Security reform rather than get rid of it entirely or phase it out.
I don't see how Social Security, which has made elderly poverty below the rate of poverty for the general population, can be considered misguided. I fear that if we just left it all up to the individuals themselves, who are inundated upon with requests to buy this, pay later, then our nation would be in the perfect position for having more indebted elders in poverty (and they would then get on the welfare dole). So, frankly, I would prefer President Bush's proposal for Social Security reform rather than get rid of it entirely or phase it out.