The reason SS/Medicare works is because it's large enough to weather economic storms in such a way that individual investments never can for 99.9% of people. This is an absolutely terrible thing to do. They were created because our injured and elderly were in the streets. There is no safe market alternative.
It's an absolutely retarded idea to remove such a large chunk of money from the economy, creating an environment where people fear spending money because they now have to save every cent against medical bills and old age. No velocity of capital = dead economy.
The reason SS/Medicare works is because it's large enough to weather economic storms in such a way that individual investments never can for 99.9% of people. This is an absolutely terrible thing to do. They were created because our injured and elderly were in the streets. There is no safe market alternative.