A lot of people, maybe most people, will just make any amount of money they make vanish into thin air for absolutely no visible benefit to themselves except maybe a newer car once in a while. If we didn't have Social Security to set some of their money aside and give it back in carefully controlled amounts they'd be totally done for by retirement age.
A lot of people, maybe most people, will just make any amount of money they make vanish into thin air for absolutely no visible benefit to themselves except maybe a newer car once in a while. If we didn't have Social Security to set some of their money aside and give it back in carefully controlled amounts they'd be totally done for by retirement age.
Ironically, the government already spent the Social Security fund. The only "assets" in it are Treasuries, i.e. glorified IOUs.