To: DJ MacWoW
“That money belongs to the people who paid into SS!”
If that is the case, write every Social Security recipient a check for the exact amount of money they paid in to Social Security minus the amount of money they have thus far received from Social Security.
Social Security is Socialism.
40 posted on
01/06/2012 7:14:14 PM PST by
trumandogz
(Rick Perry Scored 10% on the Iowa Test.)
To: trumandogz
No one will EVER collect all they’ve paid into SS. Ever.
47 posted on
01/06/2012 7:18:02 PM PST by
DJ MacWoW
(America! The wolves are here! What will you do?)
To: trumandogz
52 posted on
01/06/2012 7:20:05 PM PST by
GGpaX4DumpedTea
(I am a tea party descendant - steeped in the Constitutional legacy handed down by the Founders)
To: trumandogz
Social Security is Socialism.Yes it is. But I planned during the 48 years of my working life on getting it, and I am. So Santorum is finished. I'll help destroy any chance he may have on getting elected.
To: trumandogz
If that is the case, write every Social Security recipient a check for the exact amount of money they paid in to Social Security minus the amount of money they have thus far received from Social Security.
Sure, if you allow for inflation and the changing value of the dollar for 35 to 40 years.
Decadess ago I did a calculation based on estimated inflation annual 6%, with the increasing amount I would pay into SS for 40 years. My estimation (pre-desktop computers, so it was mostly with paper and pencil) resulted in about $1.5 million.
I would be happy is Uncle Sam wrote me a check for that.
68 posted on
01/06/2012 7:29:24 PM PST by
TomGuy
To: trumandogz
If that is the case, write every Social Security recipient a check for the exact amount of money they paid in to Social Security minus the amount of money they have thus far received from Social Security. You missed out on the interest due. They can pay out at the same rate that they would have for US Savings bonds.
People who talk about, "got more out then they paid in" always forget about interest.
Oh wait, you mean you can't cut them each a check for a million plus?
Oh dear, you do have a problem don't you?
158 posted on
01/06/2012 8:34:48 PM PST by
Harmless Teddy Bear
(*Philosophy lesson 117-22b: Anyone who demands to be respected is undeserving of it.*)
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