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Old 11-29-2007, 09:06 PM
Copernicus Copernicus is offline
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Join Date: Jun 2003
Posts: 6,912
Default Re: Is there no one who can articulate the purpose of Social Security?

[ QUOTE ]
Someone, anyone, take a shot at it.

natedogg

[/ QUOTE ]

Trying to anticipate and avoid as many of your nits as possible:

Social Security is a government administered social program that may be amended from time to time, the purpose of which is to provide a mechanism for individuals to be provided with a core defined Joint and Survivor retirement benefit upon disability or healthy retirement, and which is to be supplemented by personal savings, insurance and/or other employer provided retirement benefts to maintain a total standard of living comparable to pre-retirement standards, and which is to be funded based on payroll taxes sufficient to provide those benefits.
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