And your talk of granny freezing in the dark is right out of the Dem/AARP playbook in blocking needed reforms. The average granny, if her Social Security were cut, might have to cut back one vacation trip a year. For each granny who lives off her Social Security, there are two or more who increase their level of luxury from it - while the working stiffs paying the taxes struggle to have enough pay left to build their own retirement savings.
I do not begrude seniors their wealth. But there also should not be a massive wealth transfer from those nowhere near as well off as they are to them.
So Santorum is right here - he is not saying cut the benefits to those on fixed incomes on SS - but instead to cut it to those who can absorb a cut. Because as a poster noted, those who retired in 1990 or so got back what they paid in within a couple of years. If they are 86 now, it means they have gotten a 10-1 payout. That is an entitlement.
This is a stupid, marxist statement. They get what they deserve? Obama was voted in too. You deserve that?
Generational warfare is a marxist tenet used to divide and conquer.
Watch the movie in 478. We need changes but we also need to be responsible about it.
So Santorum is right here - he is not saying cut the benefits to those on fixed incomes on SS - but instead to cut it to those who can absorb a cut. Because as a poster noted, those who retired in 1990 or so got back what they paid in within a couple of years. If they are 86 now, it means they have gotten a 10-1 payout. That is an entitlement.
This is correct. However, I have a bone to pick with some on this thread who suggests that “rich” people don’t get what they paid into it because they don’t need it and in the next breath tell us that they paid into the system. You can’t have it both ways.... if the rich person loses out on the promise how is it morally superior for you to draw far beyond what you put in because it was promised to you? Logically, if each person does not receive a return that is equal to their contributions it is no better than welfare.
Social security for most Americans is a wealth redistribution scheme that counts on more workers putting more money into the system each year with good returns on investmests that don’t exist. The government spent it all and another 16 trillion to boot.
With that harsh criticism here is my pledge. If they will abolish the system by phasing it out of existence I will not only accept that all of my contributions are lost but I would continue to pay into the system until my parents selfish generation passes on. I would do that for my children. It probably won’t work though because I am confident my generation will be just as selfish.
However, the reality is that this government borrows almost half of each dollar they take in (including social security) and they are addicted to that guaranteed money rolling in. They can’t even cut an insignificant amount of the budget..... they are going to collapse the system.
The frustrated part of me almost welcomes it for the opportunity to build it back for my kids. I am prepared and spend my money doing that instead of enjoying endless luxuries that don’t mean anything. I pray for those that believe this government because all those promises won’t fill your belly or heat your home.