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To: abb

SS and MA ARE welfare. There is no such thing as “putting money inth SS and MA.” These are taxes, plain and simple, used to fund a welfare payment program. There is no investment or fund or benefit. No SS recipient has either a lump sum or available funds after death. This is not a retirement program by any meaningful definition. It is welfare, plain and simple.
The intrusion of government in the medical care industry increases cost as much as 75%. Get government out of health care and costs will plummet.


86 posted on 05/09/2007 7:52:20 AM PDT by Louis Foxwell (here come I, gravitas in tow.)
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To: Amos the Prophet
SS and MA ARE welfare. There is no such thing as “putting money inth SS and MA.” These are taxes, plain and simple, used to fund a welfare payment program. There is no investment or fund or benefit. No SS recipient has either a lump sum or available funds after death. This is not a retirement program by any meaningful definition. It is welfare, plain and simple.

Yes and no. It has become more "welfare-like" in recent years, but it was orginally sold as "insurance." Its offical name is OASDI - Old Age, Survivors, and Disability Insurance. Everyone was told that if you put money into it, you would receive benefits after retirement, if disabled, or your survivors would. It still works that way, for the most part.

This is not to say I think it's a good program. I wish it were never created. But it's here and I paid a small fortune into it and I want some of it back. And I'm not going to sit quietly and say to the government, "Here. Just take it all. I don't want it." My age peers are not likely to do that, either.

I like to think that my insistence that I receive benefits when I retire is my way of helping them keep their word.

89 posted on 05/09/2007 8:03:45 AM PDT by abb (The Dinosaur Media: A One-Way Medium in a Two-Way World)
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