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To: QT3.14
There are no entitlements. Every program run by the government is run like a welfare program. The money collected for Social Security or Medicare should not be considered a contribution to an entitlement program. It should be considered additional taxes paid to keep the government going.

The money taken out to pay Medicare and Social Security beneficiaries has absolutely no relation to the money that goes in. It's all a lie. It's a just one big Ponzi scheme.

6 posted on 05/24/2014 10:07:56 AM PDT by who_would_fardels_bear
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To: who_would_fardels_bear
The money collected for Social Security or Medicare should not be considered a contribution to an entitlement program.

You are correct. My post was meant in a sarcastic vein.

The Supreme Court in 1960 ruled SS is not a binding contract (Fleming vs. Nestor).

The SSA even changed their tune over time on their Website citing the ruling:

There has been a temptation throughout the program’s history for
some people to suppose that their FICA payroll taxes entitle them to a benefit in a
legal, contractual sense.

In other words in the extreme, Congress could totally cut SS and the folks would be SOL.

23 posted on 05/24/2014 10:32:56 AM PDT by QT3.14 (USA born 7.4.1776 fathered by geniuses, died 11.4.2008 (Suicide) by spawn of America-haters)
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