Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: Orcastraiter who wrote (12127)	4/3/2004 10:54:14 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 81568

"Welfare? SS is not welfare. People pay into the pot all their working lives. When they retire that want "their" money back. I think it's right to think of it as a welfare program, it's a retirement program. A reward for working hard, paying taxes, supporting the country." Any program that pays back in non acturarial amounts is a welfare program. Early contributors to SS paid only a pitance - they receive returns far beyond what an actuarially sound program would pay. Therefore it is a welfare program. In addition to elderly there are others included now who have not worked all their lives. SS as an insurance program is a total joke. It is a welfare program.