Re: Refresher Course on Social Security

On Mar 9, 8:43 am, "Jerry Okamura" <okamuraj...@xxxxxxxxxxxxx> wrote:
"mg" <mgkel...@xxxxxxxxx> wrote in message

news:1173410035.175824.315600@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx





On Mar 8, 2:29 pm, "California Poppy" <GoldenStatePo...@xxxxxxx>
wrote:
I am still working part-time for a city rec & park department. They
have their own retirement program rather than SS, which is what I
think all should be. I was given 19 choices of mutual funds. They
are labeled as growth, income, and stability. We were given their 3-
year average % increase. I chose a Conservative Growth Lifestyle
Fund for 50% of my retirement and a Core Bond Fund for 50%, but I
could have chose any fund and any percentage, and I could change any
year. This is what should be available for everyone.

A "city rec & park department" is a government agency that feeds from
the public trough. They're not subject to the ups and downs of the
free-enterprise system. They don't have to make a profit. If you are
suggesting they're system should be extended to private corporations,
you're comparing apples and oranges.

No she is saying that what is good for the goose is good for the gander.
She is saying she works for a government agency who offers her an
opportunity to invest her money and provide her with a chance to make a
better return on her investment.

She also said:

"They have their own retirement program rather than SS, which is what
I think all should be."

In otherwords what she is apparently saying is that state and local
government employees don't participate in the SS program, therefore it
should be eliminated.

Over the years I've found that some of the staunchist supporters of a
Darwinian-type, free-enterprise system are those who have government
jobs or are protected by strong unions or are protected by tenure
systems, etc.

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