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RE :”That's because most of the spending on seniors is in Social Security and Medicare, and therefore has been largely paid for by those very beneficiaries over the course of their working lives.
Payroll taxes have more than covered what today's average retiree will receive back from Social Security. They won't cover the average payout on Medicare, but that's an artifact of uncontrolled healthcare costs, not of the structure of Medicare itself. Changing the terms of that program, say by raising the eligibility age (currently 65) won't save money and may actually raise costs.”

He doesnt understand how these programs work. The same seniors who get the benefits cant at the same time be (nearly fully) funding them. That has to be done by younger people who work.

Medicare is different than SS in that it provides services.
There is a question as to what happens to people who would be over 55 but will not get medicare for a few more years and do not have employer based insurance.

They would go on Obama-care instead. Is that cheaper? Do we know?

You don’t understand how a defined contribution program works.

In your working years, a part of your salary is taken through taxes and that money goes into your Social Security account. Upon your retirement, its paid back to you to look after you in old age.

Young people are taxed exactly the same way. These benefits are your money the government keeps in trust for you! This is the way Social Security has always worked.

There is no “free rider.” Any one who works is eligible for Social Security. Entitlement programs like welfare on the other hand have certain income and enrollment requirements. Social Security is a universal society program and entitlement programs usually cover only the very poor/disabled.

No comparison exists between a defined contribution program and an entitlement program and the public understands the difference between them.

What will it take for the ‘Progressives’ to realize Social Security is a tax, not ‘insurance’. The money’s already been spent. There is no ‘lock box’. It’s been that way since August 14, 1935.