How to Fix Social Security

[onlydarksets]

Originally Posted by Buster

It's not a choice to pocket the FICA tax and do what you want. Privatization allows you to invest those funds in the market rather than trusting the government to hold it for you. It won't change your take-home pay. It does however, help you establish a better retirement AND you will know it WILL be there for you, unlike with Social "Security" which is anything but secure.

I know what privatization is. What That Guy suggested was not privatization - it was abolishing Social Security entirely and letting people do what they want with their money. You said "BINGO", and I wanted to get your thoughts on how to handle the fallout.