Why is social security even considered a government expense?
If it’s because the government spent the money....vote them out. It still isn’t an expense. Get it off the graph and deal with it as a separate issue.
Because that's what it is and always has been. There's no account. There's no Trust Fund. You don't own a damn thing in SS/MC, because there's nothing there to own. There's just money taken from people who are working, and immediately given to people who are not working. It is and always had been pure and simple armed robbery by government agents.
vote them out.
Welcome to the party, pal.
It still isn’t an expense.
See above.
The slight of hand has already been done!
They already don’t count it as part of the budget.
Look social security is fundamentally a Ponzi scheme.
The working generation pays into to it the retired generation receives. When that working generation retires they are the receivers! It has always been that way! Workers place a YOU ( ‘You-Owe-Me!) with the next generation of workers. The system only works as long as there are significantly more people paying in then getting paid out. Like a Ponzi Scheme! Those first in do great, those toward the end not so great. Ida Mae Fuller (Look her up! She’s in all the 1930s-1940s news reels - celebrated as the first SSN recipient!) During her lifetime she paid in $24.75 but collected a total of $22,888.92 in Social Security benefits. Over time there have been 100s of thousands of Ida Mae Fullers collecting way more then they pay in! Originally when the system was set up most people weren’t supposed to live long enough to collect there SSNs benefits. Now thanks to modern medicine etc., people live way past the original assumption on live time.
The FDR administration were warned by the financial community that the SSN system would eventually fail. They offered to work with the government to set up a fiduciarily sound retirement system. The FDR Whiz Kids sound no only no but Hell No! ‘We don’t want the help of you evil money men!’ (They’re all evil many FR’ers will tell you so!) involved!’ They were so we have a system that titters on the edge of collapse every 5 to 10 years or so. Bringing in gobs of foreigners who haven’t contributed a dime into the system but will eventually collect is a sure solution! (Does it really need the sarcasm lab?) Those wonderful foreign workers also reduce the working to retiree ratio which puts more strain on the system. I have had some explain their support for illegals by saying by the illegals working are paying into the SSN system thus keeping it afloat. Aren’t most of these illegal, being paid off the books therefore not contributing to the system? But you can be sure they will be in line to get SSN benefits when the time comes!
Remember Rats view SSN as one of their crowning achievements!