Interesting post.
So you believe that ss/medicare are welfare programs? Do you also believe that private insurance and annuities (for retirement) are as well? Both ss/med are paid for. They aren’t free.
As I have already said, I’m not rich by any stretch, why should the wealthy pay into a system and not reap the benefit? Should they also pay for private insurance..but be denied coverage because they have the bucks to cover their own health issues? Let them opt out, it’s only fair. And I am sure you want to be fair. If Bill Gates paid the premium, the benefit is his as much as ours.
You sound a little bit like a “share the wealth” kinda FRiend.
“So you believe that ss/medicare are welfare programs? Do you also believe that private insurance and annuities (for retirement) are as well? Both ss/med are paid for. They aren’t free.”
I would say that private insurance and annuities are NOT welfare programs if funds actually exist in them TODAY. But if the depositors were somehow able to borrow against them, and clean them out...then yes, any money they paid out would not be depositor money, they would, BY DEFINITION, be someone else’s money.
As far as SS and Medicare, give the account number with the $40T or so that should be there by now. You can’t because it has all been borrowed against. It was a deal with the devil, lower income tax rates in exchange for stealing from SS and Medicare, FOR DECADES. So no, the money is not there, it is long gone.