SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FaultLine who wrote (22403)1/1/2004 5:18:08 AM
From: Lane3  Read Replies (2) of 793597
 
I watched a TV special report on the Social Security system a few years ago where several retired people were describing how they had already received payouts many times in excess of what they had paid into the system.

A while back, while I was visiting my father in his retirement community, I conversed with a bunch of SS recipients who were insistent that the checks they were getting were returns on moneys they had "deposited" and were quite offended at my notion that the money was coming from taxes on current workers. So I chatted up a number of others and discovered only a couple who understood how the system worked. That was a real revelation to me. I wonder if the sense of entitlement would be as strong as it is if current recipients understood it better.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News