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To: MadIsh32

Boomers at age 28 worked hard and paid SS without whining about it. Now the millenials have charged up billions in student loans and want the govt to forgive it. Now that’s welfare. :-)


21 posted on 11/01/2015 9:54:32 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Georgia Girl 2

Since the gov’t hasn’t forgiven student loans, the welfare has not occurred.

As for social security welfare

“We don’t call Social Security “welfare” because it’s a pejorative term, and politicians don’t want to offend. So their rhetoric classifies Social Security as something else when it isn’t. Here is how I define a welfare program: First, it taxes one group to support another group, meaning it’s pay-as-you-go and not a contributory scheme where people’s own savings pay their later benefits. And second, Congress can constantly alter benefits, reflecting changing needs, economic conditions and politics. Social Security qualifies on both counts.”

http://www.washingtonpost.com/wp-dyn/content/article/2011/03/06/AR2011030602926.html

By every objective measure, social security is welfare.


22 posted on 11/01/2015 10:01:00 AM PST by MadIsh32 (In order to be pro-market, sometimes you must be anti-big business)
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