Even though, I too believe this, and people have been preaching it for years, I am starting to question if it even matters.
It's just one facet of what's wrong with government control.
And since they print money willy nilly, and our country is supposedly in debt anyway, I don't see why anyone should care where they money in Social Security is coming from.
SSN is another conversation entirely - talking about people retiring after 20 years with ridiculous lifetime pay, then getting rehired as consultant at 2x the pay and a free car... this happens ALL THE TIME YOU'D BE SHOCKED... retired people making 2-6 times what they ever made working... NOT ALL.. but far too many.
At the employee level, you're told to document everything and keep records (following procedures, sorting and storing records in a certain way, etc.) so that you can be replaced easily.
At the C-suite level, you purposely don't do that. Everything is kept in your head or your private journal. If they sack you, all the information is lost unless they pay you as a consultant, in which case you drip feed it back to them!
no kidding - ever hear of the BART Janitor who made $328K a year.. he got to retire including that number in his calculation... making $150/YR now for life... retired as a janitor.. WTF.. this is why we can't have nice things - oh and he works full time at another city job now.. AND IT DOESNT' AFFECT HIS RETIRMENT!!
oh and ridiculous retirement benefits that will bankrupt and destroy your kids future. - thanks government!
Even though, I too believe this, and people have been preaching it for years, I am starting to question if it even matters.
It's just one facet of what's wrong with government control.
And since they print money willy nilly, and our country is supposedly in debt anyway, I don't see why anyone should care where they money in Social Security is coming from.
SSN is another conversation entirely - talking about people retiring after 20 years with ridiculous lifetime pay, then getting rehired as consultant at 2x the pay and a free car... this happens ALL THE TIME YOU'D BE SHOCKED... retired people making 2-6 times what they ever made working... NOT ALL.. but far too many.
And what often happens is the leader gets in trouble, resigns, then becomes a consultant for the same company at 2x pay and a free car.
At the employee level, you're told to document everything and keep records (following procedures, sorting and storing records in a certain way, etc.) so that you can be replaced easily.
At the C-suite level, you purposely don't do that. Everything is kept in your head or your private journal. If they sack you, all the information is lost unless they pay you as a consultant, in which case you drip feed it back to them!
>people retiring after 20 years with ridiculous lifetime pay
How do I get in on this? : )
no kidding - ever hear of the BART Janitor who made $328K a year.. he got to retire including that number in his calculation... making $150/YR now for life... retired as a janitor.. WTF.. this is why we can't have nice things - oh and he works full time at another city job now.. AND IT DOESNT' AFFECT HIS RETIRMENT!!
Study the Weimar Republic in Germany and see where limitless money printing leads .