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To: Uncle Sham

“This means that taxes must be taken from paychecks as long as it takes to fund however many recipients there are”

So the program never ends. Congratulations. You’ve actually managed to shift the burden even more on young people while exempting older folks from paying into the system.

You’ve actually managed to make social security worse! Wow. I didn’t even think that was possible.

The reality is this - people retiring have more assets then those starting out. Social security robs people when they are poor and young to pay for those who are wealthy and don’t need the benefits. This is wrong.


64 posted on 05/05/2013 1:41:16 PM PDT by JCBreckenridge (Texas is a state of mind - Steinbeck)
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To: JCBreckenridge
"So the program never ends. Congratulations. You’ve actually managed to shift the burden even more on young people while exempting older folks from paying into the system"

The program ends for those twenty years from retirement. They cannot receive benefits and must fund their own retirement but at least they have advance notice and they own their retirement and are not at the mercy of the government. Your line about older people not paying into the system is absurd. They've paid into the system their entire working lives, many more years than the someone younger is capable of.

"The reality is this - people retiring have more assets then those starting out. Social security robs people when they are poor and young to pay for those who are wealthy and don’t need the benefits. This is wrong"

This is what Obama would say.

67 posted on 05/05/2013 2:13:40 PM PDT by Uncle Sham
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