“What I see are a ton of people out there sucking off the government tit and thinking they earned that.”
So true! I’m sure you know this, fred, but they think they ‘earned’ it when they don’t do anything for it at all. During my exile in MA I lived opposite a long-retired schoolteacher. She actually said to me, ‘I make more now than I ever did teaching’. I.e.: she received way more SS than she paid in, and considered simply receiving the check as earning, or ‘making’ it. Unfreakingbelievable.
Not only that, but many government retirement funds are invested in the markets. But when the markets fail, the guarantees in the contracts force the taxpayers to make up for the shortfall. F*** that.
My tiny retirement fund is also invested in the market. Haven’t seen anyone ever step up and say they would bail my ass out.