Free Republic
Browse · Search
Religion
Topics · Post Article

To: MEGoody

We haven’t paid into anything. It’s an unsustainable, income tax based welfare program. Current tax revenue goes to pay current retirees. The rest get blown by the government and replaced by promises to tax future generations.

Being almost 45, I’ll never see a dime of it. Welcome to my boat - save or work until you die.

The money to pay projected retirees won’t come from trimming the budget here and there. The amounts are in the tens of Trillions of dollars, although in today’s economy that magnitude doesn’t seem to mean much anymore.


46 posted on 01/27/2009 11:51:49 AM PST by Jack of all Trades (Bait and Switch - that's change ain't it?)
[ Post Reply | Private Reply | To 23 | View Replies ]


To: Jack of all Trades
We haven’t paid into anything.

You haven't paid into social security? Well, I sure have. A huge chunk is taken out of every paycheck I've received since I started working.

108 posted on 01/28/2009 9:39:13 AM PST by MEGoody (Ye shall know the truth, and the truth shall make you free.)
[ Post Reply | Private Reply | To 46 | View Replies ]

Free Republic
Browse · Search
Religion
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson