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Started By
Message
re: The Coming Social Security Crisis
Posted on 3/30/24 at 6:51 am to lazlodawg
Posted on 3/30/24 at 6:51 am to lazlodawg
quote:
with the forced agreement that I will get some portion back at a specified time period
This does not exist.
Your money is taxed and becomes the government's to spend on others.
When/if you receive any SS money, you'll be spending someone else's money the government has taken.
quote:
It was intended to be an entitlement
It's always been a redistributive, socialist entitlement program.
quote:
It is COMPLETELY different. This is a defined benefit program.
That's not really different.
Section 8, Medicaid, food stamps, etc. are defined benefit programs.
quote:
Let us steal about 12% of your lifetime earnings and you will get X amount back per month at Y age
You don't "get anything back". You're living off the theft of 12% of others' salary at that time.
quote:
Changing X or Y after the fact is theft.
No. This does not reflect how this redistributive welfare program works.
2
Posted on 3/30/24 at 7:04 am to SlowFlowPro
quote:
You don't "get anything back". You're living off the theft of 12% of others' salary at that time.
Amazing people can’t understand this. Gen X and Millennials are footing the bill for Boomer social security benefits. Boomers paid for The Greatest Generation and Silent Generation social security. It’s a Ponzi scheme.
Posted on 4/3/24 at 11:42 am to SlowFlowPro
quote:it stops being “your money” the day government takes possession of it.
Your money is taxed and becomes the government's to spend on others.
The idea that the government has some sort of bank account where they keep “your money” in some vault… is silly. Even if you want to pretend that’s the case… your “bank” is also holding o to $35Trilliom in debt.
Is that where “your money” is saved up? This post was edited on 4/3/24 at 11:43 am
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