This graph shows that the average man and woman (average defined in the study as average income over their working lives and living to the average life expectancy) who start receiving benefits in 2010 get over 3 times more in benefits than they pay in to the system! Of importance, the study accounts for inflation by calculating all past taxes and future payments in 2010 dollars to provide an accurate comparison.
If the notion that Medicare recipients are simply "getting back what they paid in" is false then where is the money coming from? Simply, the excess received is being borrowed from younger generations and the cost is more than we can bear.
“If the notion that Medicare recipients are simply “getting back what they paid in” is false then where is the money coming from? Simply, the excess received is being borrowed from younger generations and the cost is more than we can bear.”
You get nothing but agreement from me. If conservatives are consistent, then they have to acknowledge that they aren’t conservatives when it comes to big government programs like SS and Medicare.
They continue to exist because people like getting stuff from government.
The effort to convince “conservatives” on this board that they should at least be honest about where the money comes from is probably humanly impossible.
So we roll on until we can’t roll no more.....