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To: Hardens Hollow
how about those collecting social security beyond what they paid in . . . That's socialism for you

Actually, no. No one who works to retirement (as opposed to social security disability), not even those who live to 100, will collect more than a trivial return on their social security payments (adjusted for inflation and the present value of a future stream of payments). It's not socialism to accept that rare small return on an involuntary savings plan, and I don't see any logic in the comparison.

7 posted on 05/22/2015 11:52:31 PM PDT by Pollster1 ("Shall not be infringed" is unambiguous.)
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To: Pollster1

not so. Those paying in the minimum get many times back their contributions. SS is extremely socialized or progressive. Look at the SS calculations - there are 3 tiers. The lowest tier uses 90% of the amount paid in, the 2nd uses 32%, the last 15%. Then, there is a minimum payment that if one’s AIME is below a certain indexed number, they get the minimum payment no matter how little they paid in. And of course, the linger one lives the more they collect.

You are completely ignoring the calculations and facts. I find a lit of conservatives, especially those collecting SS refuse to see what a ponzi scheme SS is. If you were right, it wouldn’t be bankrupt. No wonder politicians are afraid to touch it.


8 posted on 05/23/2015 5:42:17 AM PDT by Hardens Hollow (Couldn't find Galt's Gulch, so created our own Harden's Hollow to quit paying the fascist beast.)
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