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Author: caddman Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19257  
Subject: Re: Comments on SS Reform Discussion Date: 5/25/2000 9:13 AM
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"Charity stinks - no one likes it if they are on the receiving end and IMHO, the administrators of the charitable program will create a really inefficient dole."

Inefficient! Washington is the most inefficient distributor of benefits. $5 dollars in taxes are collected to dole out $1 dollar in social spending.(includes Welfare, SS, Food Stamps, etc.)

While making retirement contributions should be completely voluntary, I am not against requiring a % of income be put in your own private investments instead of FICA/Medicare payroll taxes.

But problem is that people now realize that they can vote in representatives that will put programs in place to pay the voters money. A majority of US households now receive some sort of check from the United States Treasury.
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