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Reply to "Lets Slash Entitlements"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm unclear how its an "entitlement" when I've been paying into it (SS and Medicare) for 25 years. Sure let's slash it - but I better get back every penny I put in so I can invest it.[/quote] The average person gets out, over time, much more than you pay in. That's why it's (partially) an entitlement. A pay-in entitlement, if you prefer. Which works fine as long as there's enough young workers to subsidize older ones--hence the need for more legal immigration--, or the whole program implodes like a pyramid scheme.[/quote] That's the whole problem... SS [b]is[/b] a pyramid scheme. Those that benefited the most are the original beneficiaries that did not pay anything to get into the system and reaped all the rewards. The whole premise on how it was created was flawed. [b]What the solution is, that is a good point of debate[/b]. [/quote] Agreed. but "slash it" is not a solution. [/quote] You need to do 2 things Republican idea increase the age where it starts (makes sense people live longer) Democrat idea increase the income limit where SS stops to take out more (makes sense people make more money now) There are democrats and republicans that actually support both of these ideas You know what the biggest hurdle is the freaking AARP and dumb boomers on this thread who don't want to change anything and say screw you to future generations[/quote]
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