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To: entropy12

I would call it an entitlement since I will collect lot more than paid in.
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It is obvious we both think the same way, just taking the meaning of a word in a different vein.

I consider something called an entitlement something that one thinks they have ‘coming’ to them.

Would you call your retirement from private industry an entitlement?

“These” people use plays on words to legitimatize a situation in as much ‘earned income credit’ which, in my way of thinking is an ‘entitlement’ as it definitely isn’t earned or paid for but a sort of ‘bonus’ because you had a low paying job.

In my way of thinking ‘earned income credit’ has a better ring to it than call an earned credit an entitlement.

Again, as you stated you paid into it for 37 years, also Medicare which, yes, THEY did tell us that you should probably get supplemental insurance to cover the short fall.

However, if one were to have picked a good ‘investment’ and paid the amount TAKEN from you by the Govt, chances are you would be in excellent shape today.

The biggest ‘problem’ with SS is ‘they’ never figured people would ever collect for a whole lot of years and it was never invested (or whatever) and you still have dummies trying to tell you there is this great ‘locked box’ with FICA funds in it.

I don’t think even the average BO voter fell for that one MR Gore.

I don’t know if it is still possible but I do remember that someone would retire from the Govt, go to work for the private sector and qualify for Social Security


116 posted on 11/22/2012 6:09:11 PM PST by xrmusn (6/98 "Hope in one hand and $hiite in the other and see which fills up first".)
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To: xrmusn

You’re correct, but the govt pension is deducted from your SS, at least in my wife’s situation.


118 posted on 11/22/2012 6:12:57 PM PST by nascarnation (Baraq's economic policy: trickle up poverty)
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