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> one that should be non-existant if Social Security was maintained as the proper safety net retirement system it was intended to be. Enron wouldn't have been s

> one that should be non-existant if Social Security was maintained as the proper safety net retirement system it was intended to be. Enron wouldn't have been such a disaster if all of those people had a solid retirement from Social Security. Hmm, don't know what you mean by this. As it stands, the safety net is working -- nobody who worked a significant portion of their lives is living on the street for lack of funds. What SS does not give is a retirement of the same quality as a rich person's retirement, which should make sense on the face of it. Those Enron folks did have a Social Security retirement, what they lost was the more lavish retirement they had planned for themselves (nb: I'm not using "lavish" in any derogatory sense). SS was intended to be a safety net, not a golden parachute, so elderly people didn't die freezing and starving in the streets. By and large, it has accomplished -- and continues to accomplish -- this mission.

muzz 13y ago
I think it was a pretty feeble attempt at excusing a $60 Billion accounting fraud
rXoX 13y ago
"As it stands, the safety net is working -- nobody who worked a significant portion of their lives is living on the street for lack of funds." Right. They're working at Walmart and living in hotels, three to a room. I suggest you get out more and actually invest some time in learning what's actually happening in America; it will save you from spouting ridiculous statements like that one.
sageikosa 13y ago
> SS was intended to be a safety net, not a golden parachute, so elderly people didn't die freezing and starving in the streets. By and large, it has accomplished -- and continues to accomplish -- this mission. Now if we can just broaden the population pyramid widely enough (and lucratively enough) to support the great height of the future retirees, we can kick that can so far down the road even we 40-somethings won't have to worry about the scheme's stability.

muzz 13y ago

I think it was a pretty feeble attempt at excusing a $60 Billion accounting fraud

rXoX 13y ago

"As it stands, the safety net is working -- nobody who worked a significant portion of their lives is living on the street for lack of funds." Right. They're working at Walmart and living in hotels, three to a room. I suggest you get out more and actually invest some time in learning what's actually happening in America; it will save you from spouting ridiculous statements like that one.

sageikosa 13y ago

> SS was intended to be a safety net, not a golden parachute, so elderly people didn't die freezing and starving in the streets. By and large, it has accomplished -- and continues to accomplish -- this mission. Now if we can just broaden the population pyramid widely enough (and lucratively enough) to support the great height of the future retirees, we can kick that can so far down the road even we 40-somethings won't have to worry about the scheme's stability.