I’d like to know how Social Security became an entitlement when its victims were forced to pay into it. After all, its not exactly welfare.
I’d also like to know why there is no mention of the billions the government skimmed off the top of SS in the first place.
If in one moment all Americans realized just how badly we have been “had” there wouldn’t be enough rope or lamp posts in DC. The Ministry of Truth and the congress criminals all realize this and so at this point they are doing the best they can to survive. So far they are doing pretty well, actually, all things considered...
SS is a tax that I pay for having a job or hiring an employee.
It will be redistribution of wealth (stealing) on a massive scale because some will receive payments and some wont.
Amen. When I get my annual SS statement and view the thousands upon thousands I put into it since I was 15 years old - somehow it’s not quite an “entitlement”!
And how many illegals are getting SSI who never paid one cent into SS.
You should try visiting a Social Security office these days. There are a surprising number of people that are getting payments without being of retirement age. Also, it is not a defined contribution plan but a defined benefit plan.
Why Social Security is welfare
http://www.washingtonpost.com/wp-dyn/content/article/2011/03/06/AR2011030602926.html
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.
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Benefits shift; they're not strictly proportionate to wages but are skewed to favor low-wage earners - a value judgment reflecting who most deserves help; and they aren't paid from workers' own "contributions."
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Social Security is more than retirement
http://ssa.gov/pubs/10024.html
Many people think of Social Security as just a retirement program. Although it is true that most of the people receiving Social Security receive retirement benefits, many others get Social Security because they are:
•Disabled; or
•A spouse or child of someone who gets Social Security; or
•A spouse or child of a worker who died; or
•A dependent parent of a worker who died.
Depending on your circumstances, you may be eligible for Social Security at any age. In fact, Social Security pays more benefits to children than any other government program.
“I’d like to know how Social Security became an entitlement when its victims were forced to pay into it. After all, its not exactly welfare.”
You are right. It is NOT an entitlement to the people who paid into it and receive benefits.
It IS an entitlement for EVERYONE ELSE who receives benefits but never (will never) pay into it. There are MORE OF THESE RECIPEINTS ALL THE TIME... because politicians routinely raid the SS account in order to fund all the gimme’s to their constituents!! Politicians use the funds basically to buy votes.
NOW honest, hard working retirees who paid into this all their working lives are being had YET AGAIN as these same politicians put the fear of God into them over the possibility of cutting off THEIR SS benefits. Nice huh??
The Supreme Court’s Davis Decision in 1937 held SS to be a general tax scheme, not insurance or an annuity.
The SC’s Nestor Decision in 1960 held that SS was a simply
welfare scheme, and the welfare can be changed or eliminated at Congress’s will.