Quote:
Originally posted by cthulu23
I guess your use of caps in "The Retirement Plan" is supposed to mean "the end all, be all." When SS was passed, retirement plans, benefits and other concessions to workers weren't quite so common. SS was passed as a retirement plan for those without the means to support themselves. That is what is taught as historical fact. What was it if not that?
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It was never meant as a retirement plan - it was meant to be a safety net for truly unfortunate people.
There is another form of retirement plan you did not mention: personal savings and investments. Allowing people to keep their money enables them to do this quite effectively.