By definition SS and Medicare are entitlements. That is what they are called.That is the category they are listed under in the budget. By the time we shuffle off this mortal coil, a vast majority will collect way more than they paid in. The paid in part runs out, I will be conservative, in five to six years. So after age 71, yes you will be receiving somebody else’s money, and so will I. Though in my case the whole system will probably have gone bankrupt, so maybe not for me. I say keep getting what your getting, but for us under 55, we got to set up something different for the simple reason we will run out of money. I accept this for myself. I am not going to receive the entitlements those older than me get. I’m fine with that, as long as we can get some fiscal sanity.
“By definition SS and Medicare are entitlements.”
I am aware of that but I reject that name as it has come to mean something “free” and it is not. In the beginning, it meant a person was entitled to something due to something that happened to give them ownership of something - they were entitled to it - a title is ownership of something. I owned my social security account that I paid into so I was entitled to it - it was not a gift.
Maybe you will be so wealthy, you won’t need yours when you are retirement age and you can give that money, your money you paid in, back to the government.
By definition SS and Medicare are entitlements. That is what they are called.That is the category they are listed under in the budget.
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I don’t care what they are listed as.
Just because ‘they’ said that booze and drugs were not a behavioral problem, but an illness (that they now pay bennies from SS funds) doesn’t make it true.
Well, if SS and Medicare are entitlements - which means it is ‘given’ to us, that would mean that since 1953 the government has been STEALING money from me, right out of my pocket.
I didn’t ‘blow’ the money, it was never mine to do anything with.
Now whether or not this trend can be continued is another story but for people like you to sit there and try and convince others that paying into FICA and MEDICARE for a great portion of ones life is an entitlement is wrong.
FICA itself was/is called Federal Insurance CONTRIBUTION Act.