No...I’m not mad at you about anything...It’s just the time references between what she paid in and how long she collected is far, far different than what retirees today worked and paid...Not even close comparison...
The program would be much, much better if as people say, was an individual account ran for all the years working, but it isn’t...It is what we have today, what I have paid into since 1965...if it is changed, as some have suggested by starting at today’s worker around the age of 40, it would be very much better for their future, but people such as myself, our benefit should NOT be cut...PERIOD....
Disagree on the claim that people can’t take out more than they put in. I’ve run the numbers they certainly can if they live long enough. Even the original designers knew that could happen. They just didn’t think there would be large numbers of people doing it like there are now. People are living longer, my parents lived into their late 90s. I remember Dad telling me in a wry humor that he’d hit the SS crossover point. He was now robbing the system!
There’s a way to reform the system, set it up on a sound financial basis and have no one’s monthly check effected. It’s just hard to do politically. The Rats will demagogue any attempt to do so. After all its their flagship program, something the love to brag about. How dare any one think it’s not perfect. FDR is a grand deity of the left like JFK only more so.