Posted on 07/03/2014 11:57:08 PM PDT by quesney
Obamacare has pushed us over the entitlements tipping point. In 2011 some 49.2 percent of U.S. households received benefits from one or more government programs—about 151 million out of an estimated 306.8 million Americans—according to U.S. Census Bureau data released last October.
Currently, around 6 million to 7 million Americans who have signed up for Obamacare are receiving taxpayer-provided subsidies (though the administration’s numbers cannot be trusted, it’s all we have to work with). There are another 3 million who have signed up for Medicaid.
That means some 10 million Americans—or a total of about 161 million—are now getting government subsidies (though the final number might be somewhat lower since some may have been receiving benefits already).
Thus, perhaps 52 percent of U.S. households—more than half—now receive benefits from the government, thanks to President Obama. And Mr. Entitlement is just getting started. If Obamacare is not repealed millions more will join the swelling rolls of those dependent on government handouts.
(Excerpt) Read more at forbes.com ...
But the “implied contract” was that if you worked and payed into it, you would collect at retirement.
The Constitution was also an implied contract. Does anyone here think it really holds any weight any more - at least among those in power. The US is not what it was and we all bear some responsibility for what it has become.
Let them dig their own grave. The day is coming where there won’t be a government to protect the looters and moochers from reality.
And as Jim points out above, you can opt out from receiving SS but not from paying.
So yeah, a lot different.
Typically the young receive more than they produce as the largest benefit is a free education. After that, the individual goes thru their productive stage and receive far less, very little, or nothing. But eventually the old age entitlements kick in and depending on how long they live, can receive benefits far exceeding what they have paid in during their productive years. Pity the man who paid into his old age entitlements then died at age 64.
I used to have respect for the military. They have sat by and watched the Klown for far too long at this point. A military coup in the US would not be good but the Klown is worse.
Nothing changes the cold, hard fact that there are more people receiving government checks than there are people paying into the money pot. Describing some government payment checks as more acceptable than others does not change simple arithmetic.
The current situation with more people receiving money than paying into funding is unsustainable.
The military’s relationship to the public has changed so much over the years; when I was born there was a draft, then the military was scaled back. A contrived war in Iraq briefly drove the numbers up, and now that we’ve lost in Iraq & Afghanistan many people (and the military itself) no longer see any need for a large standing military. When people are having a hard time making ends meet, they see no point in a large workfare program (especially when the porous southern border is unprotected and drug violence has crossed into our country).
A friend who left in the mid 90s described it as an “armed Red Cross”; it couldn’t justify the massive cost.
I see it in the basic form, there’s benefits you earn and ones you don’t.
I have been forking out money for Social Security for about 30 years... If I even make it to “retirement”... I don’t expect a single dime of this theft under color of law will be left... that is unless all these kids flooding the border are sent to the collieries to pick rocks out of coal for minimum wage and 15% of their wage is theived away from them to pay into this Ponzi scheme.
I guarantee anything that at some point the government will deem male homosexuals as inferior to heteros or turkeybaster clamlickers... only because they biologically can not produce “revenue sources”.
I understand all that. But I reject the assertion that I bear part of the blame. I always vote, study the issues, and make an informed choice, usually for the conservative candidate. I worked for 40 years, paid taxes, including SS. I have worked in numerous campaigns and run for office myself. I always go to all the local government meetings - city council, school board, etc. - and report on what happens therein. So I’m doing my part to supplant the State-Run Media complex.
And I have no feelings of guilt whatsoever when I cash my SS check each month.
If I were in a position to receive a SS check, I would also cash it.
And I would also feel no guilt.
However, if someone told me that the nation should cancel SS because it’s a Ponzi scheme, I would agree with them, and I would vote to kill it and take away my check.
I could have probably gotten more by just reproducing endlessly.
No thank you.
Romney was right about a lot of things, but got roundly criticized on the website for not being conservative enough, so the pouters stayed home and didn't vote. Now, that things are FUBAR, they are coming out of the woodwork to complain. As I have said before, we would be better off with a moderate republican than any flavor of RAT.
I have emailed this link to all in my address book.
Subject line :Happy Dependents Day,Wake Up
We all should as this thing at the border will speed this crap up at warp speed.
Thank you for clearing that up so succinctly!
I wish they would have a percentage for the the “entitlements” figure, as opposed to earned benefits...
but then, “what difference, at this point, does it make?”
i WOULD LIKE TO SEE...A list of percentages of entitlements. numbers who have dropped out of work force,actual unemployed stat, and the actual percentage of inflation ( with food and gas included), and number who serve in our military and number of women who have children who are not married ( and number of their children).
THEN RUN THE LIST FOR THE LAST 50 YEARS.
I would also vote to do away with it. But only after all the welfare queens and overpaid retired government deadheads are trimmed back. They never paid in dime one.
“I’m with you, 2ndDivisionVet.”
I’ll second that...
I’ve been working my whole life since going into the military at 17. I’ve put together a sizable nest egg for my retirement, plus I get medical from the company I worked for before I retired.
But guess what? I was forced on to medicare when I retired. It was a condition of my employers health insurance. The way it is set up, I had no choice.
Nope. That money was already spent. If it had really been saved or invested, I would agree, but the governments elected by those now receiving social security didn’t do that. Therefore Scial Security is just another government giveaway.
I’ve said the same thing, but we are in the minority.
At times the two approach each other, but we do not live in those times.
Yes, I understand the distinction--and the difference, but I like to point it out.
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