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To: dragnet2
Millions in the private sector literally live off SS, what the government confiscated from them over the course of their work histories...

They live today off of what the government confiscates from today's workers. What was confiscated from them through the years paid recipients through the years.

They're not getting back what was taken from them. What was taken from them was spent when it was taken. Classic Ponzi scheme.

83 posted on 09/14/2011 5:30:46 PM PDT by Tonytitan
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To: Tonytitan
What was confiscated from them through the years paid recipients through the years.

That is only part of the story. If fact the withholdings produced surpluses continuously up until 2009. Those surplus revenues were then spent on other items in the budget having nothing to do with Social Security.

94 posted on 09/14/2011 6:10:44 PM PDT by rogue yam
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To: Tonytitan
They're not getting back what was taken from them. What was taken from them was spent when it was taken.

Ya mean like taxation without representation? Too bad for corrupt government.

Like I said, I'd pay to see them tells those that live off what was confiscated from them, they spent it all, on things like freebies, medical care etc, for tens of millions of illegal aliens.

I suggest at that point, those in D.C. build a large wall around that city.

114 posted on 09/14/2011 9:12:40 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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