Social Insecurity

The national debt is a number all Americans fear.  It keeps growing with no foreseeable end in sight.  Every year when the president and legislators set out to make the Federal Budget they seem to under estimate out spending and we wind up with a deficit.  Part of the yearly budget goes towards entitlements like Medicare, Medicaid, and Social Security.  Social security is the largest and most expensive federal program.  It was established in 1935 to fight poverty and has morphed into a type of retirement fund.  The main problem with Social Security is that the number of Americans approaching retirement is growing faster than the number of Americans  replacing them in the workforce.  At the rate it is going the government is going to be spending more on Social Security than it is bringing in from income taxes.  In order for the program to stay on its feet the government would have to repay the money it borrowed form the Social Security program.  President Bush suggested allowing Americans to put their Social Security contributions into their own private investment accounts but the idea was widely rejected by legislators and citizens. 

I think that the government needs to pay back the money it borrowed form the Social Security program to ensure that it doesn't run out.  I don't think it is right that we spend our lives paying into a program that we won't get anything out of when it would come time for us to retire and start drawing Social Security.  If I am going to contribute I want to know for sure that when I get to be retirement age there will be a younger generation below me helping me out, just like I am doing with the elder generation now.  Rush Limbaugh also shares this point of view.  He is for privatising social security.  He also wants the reassurance that when we can no longer work we will have a fund set aside to help us out. 
War Dollars
Spending What We Can Afford