From: utzoo!decvax!decwrl!amd70!pn Newsgroups: net.misc Title: S.S. Article-I.D.: amd70.1338 Posted: Sun Jan 23 13:53:51 1983 Received: Mon Jan 24 07:58:46 1983 Wayne Christopher, I can appreciate the practical need to continue the Social Security system. However, it is still true that my income is being transfered to people who didn't have the foresight to plan for their retirement. To me, that seems to be rewarding irresponsibility, in the same way Chrysler was bailed out. Fine, the elderly do need income. But they should be given just barely enough to live on. This country is trying to encourage people to save (All-savers, etc) and invest (capital gains, investment tax credits, etc) and people who didn't do that while they were working shouldn't be so comfortable on SS that they don't mind not having any savings to draw on. Also, people shouldn't be encouraged to depend on SS when they retire, and I think Washington is moving in this direction with the new tax laws and IRAs. The other point, which you didn't address at all, is that the elder are