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To: Jaysun
There is no excuse for any Senior to be duped about SS and Medicare. Nothing has changed, except that Medicare is paying better than it has in the past. Our SS checks come every month just like always.

I was self employed for years and years, and paid 15.3 percent.
9 posted on 08/22/2005 5:01:28 AM PDT by Coldwater Creek ("Over there, Over there, we will be there until it is Over there.")
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To: mariabush
There is no excuse for any Senior to be duped about SS and Medicare. Nothing has changed, except that Medicare is paying better than it has in the past. Our SS checks come every month just like always.

I was self employed for years and years, and paid 15.3 percent.


What?
The "duped" part is: Surprise! SS is unsustainable because it's basically run like a chain letter. Surprise! You'd have been better off stuffing 10% of your income (average income of $35K a year) under your mattress. You'd have about $175,000 right now. As it stands, you can draw about $12,000 a year when you turn 65. If you live to the average age of 75, you'll have received only $120,000. It's a rip off, but you were forced to participate.
13 posted on 08/22/2005 5:19:13 AM PDT by Jaysun (Democrats: We must become more effective at fooling people.)
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