[quote=Cynthetiq;2603822]so you're saying that all the pensioners that are able to opt out of social security and contribute to private pension plans are going to be poor and that only the mighty US American government can do so?[QUOTE]
Nothing so absolutist. I'm saying many people aren't capable of maintaining the necessary fiscal habits to make retirement feasible, and we saw the consequences of that in the lead up to the New Deal. I should also point out that the New Deal is hardly unique in the world.
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Originally Posted by Cynthetiq
Just a note, had to look it up to make sure. The government has not been in the insurance game at all.
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Medicare is health insurance for seniors and the disabled. SCHIP is health insurance for children.
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Originally Posted by Cynthetiq
and congress has a pension system, why aren't they sticking with SSI?
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Why? The existing pensions for congress make the lottery look like SSI. Here's a great (and recent) article about it:
Congress' cushy pension system