Oh please. It's money coming from people who work going to people who don't. It's a simple tranfer of dollars from those with ability to those with needs. It's welfare, plain and simple.
Sandy: Oh please. It's money coming from people who work going to people who don't. It's a simple tranfer of dollars from those with ability to those with needs. It's welfare, plain and simple.
Exactly. But, that's how Socialist Security was "sold" to the public when it was instated. They were living through a depression and couldn't resist the idea of a "safety net".
They think they're just "getting their money back" that they paid in over the years, not realizing that each generation of retirees needs more and more working people to finance each stipend, since the gov't is stealing the money for other uses rather than "keeping it in trust" as it originally promised it would do.
A few people end up dying before they "use up" all the money that was taken from them, but most of them end up taking out a lot more than was taken from them to put in. And since the 70s or so, one doesn't even have to have contributed anything in order to suck off the SS teat.
They put their trust FedGov and sucked all of us who came after into its pyramid scam.