Means testing just means taking away benefits from folks who have saved their money and giving them to people who shot theirs on boats and cocaine. I can find no moral justification for basically cancelling my account out so you can get full benefits. What's your justification for this?
Sounds like it must be something like, "Well, you already have money and I don't, so I should get a bennie and you shouldn't!" Run that past the folks at DU, they'll probably agree with you.
Does that tell you anything?
You've been sold a bill of goods.
Paying into SS does not equate to 'saving your money'. It was collected as Income Tax II, in fact (Medicare is Income Tax III), and spent. ALL of it.
In fact, your demand for 'your share' is a demand on your children, grandchildren and great-grandchildren.
Do you believe they owe you a bigger bank account, while they are required to live on less and less??
"Means testing just means taking away benefits from folks who have saved their money and giving them to people who shot theirs on boats and cocaine. I can find no moral justification for basically cancelling my account out so you can get full benefits. What's your justification for this?"
Nobody is talking about cancelling accounts. A person of means would get back all they paid in plus interest, but that is it. If this person fell back below the set threshold, they could start receiving payments again.