BF2S Forums Recession Suggestions

Harmor wrote:

Turquoise wrote:

How about this then?...  Cut the military spending by a third, but cut Social Security in half?

You sure its a good idea to cut military spending right now?  I mean there are alot of people out there who want to kill us.  Social Security should be privatized like this:

1.  Start allowing people to put a portion of their Social Security payments (like 2% of the total 15% they pay now) into U.S. Savings Bonds.
2.  These bonds, when matured, will automatically be rolled back into more bonds until you are 62 1/2.
3.  Slowly raise the percentage as the people currently on Social Security die off (this would happen over about 15 years til it totals the 15%).
4.  When you die you can transfer the asset like any other type of property (this is a big deal) - you are also not required to pull money out by a certain age.

These next 10 years will be the worst because of all the longer living baby-boomers.

Now with the people who already are in the system, calculate what they have put into the system and buy bonds in their name for 50% of their total contributions (this is going to piss off ALOT of people, but you can't do 100% because it would be too much AND couldn't pay for the current Social Security recipients).

BTW, to me Social Security is a 17 trillion dollar ponzi scheme.

Dilbert_X wrote:

Forgot one thing.

Nationalise healthcare.
Privatised for-profit healthcare is destroying the US, and a factor in the concessions the UAW has extracted from the automakers.
Remove it and the big three are level with Toyota again.