My Social Security statement arrived last month. Even though I’ve been getting them for years I’ve only recently begun to actually look at them. I was surprised to learn that my account was up to $253,000.00. Of course that represents my and my employer’s contributions over the last 45 years.
To me that’s a lot of money. But, I can’t help but wonder what it would have been worth had it been deposited regularly into some type of compounded daily interest bearing account or into a mutual fund that averaged 12% annual growth.
Had this been done for me by my Uncle Sam, I suspect I would have already retired and be lounging on the beach in Hawaii, at a fabulous resort….that I owned. Thanks uncle.
However, because anything done in Washington is done completely void of any logic, I will consider myself fortunate to receive a pittance of my forced investment in the Social Security System.
Mind you, I’m not complaining; when I retire I can always get a job greeting you at Walmart or taking your order at McDonalds. In my spare time I can peruse the local dumpsters for a pair of modestly worn sneakers or shop for deals on cat food at PetSmart. Hey, that Meow-Mix Tuna and Crab Delight is to die for. Slap a little on a Saltine and you’re in heaven.
Since the “Change You Can’t Count On” by our current Marxist regime will probably fail me, I can always sneak into Mexico as an illegal alien. There, I’ll be well taken care of by President Felipe de Jesus Calderon Hinojosa. I speak a little Spanish (un poco) so I’ll just blend right in.
This morning someone sent me a forward of a letter to our Messianic Overseer. The letter contains what may be the most logical plan to properly take care of us (the unwashed masses), ever devised. It’s brilliant. I wish I could take credit for it.
You're not likely to see it in the mainstream lapdog media, so here it is;
Dear Mr. President,
Please find below my suggestion for fixing America 's economy.
Instead of giving billions of dollars to companies that will
squander the money on lavish parties and unearned bonuses,
use the following plan. You can call it the
"Patriotic Retirement Plan":
There are about 40 million people over 50 in the work force.
Pay them $1 million apiece severance for early retirement
with the following stipulations:
1) They MUST retire. Forty million job openings.
Unemployment fixed!
2) They MUST buy a new AMERICAN CAR.
Forty million cars ordered - Auto Industry fixed!
3) They MUST either buy a house or pay off their mortgage.
Housing Crisis fixed!
It can't get any easier than that!!
P.S. If more money is needed, have all members in Congress
pay their taxes...
Mr. President, while you're at it, make Congress retire on Social
Security and Medicare. I'll bet both programs would be fixed pronto!
3 comments:
At least you'll have some social security $. At 38, I'm not counting on a cent in 30 years. - Andy
Don't you think it's probable that the owners would not replace the 40 million workers who retire so they make more profits? Who is going to pay for the medical insurance these 40 million people will need for the next maybe 40 years?
I don't see how paying off their mortgage or buying a house will fix the housing crisis. What about all the people who have upside mortgages who are under 50? The only valid point might be buying an american car.
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