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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (761543)	1/5/2014 11:54:05 PM
From: i-node	Read Replies (1) \| Respond to of 1574214

If that were true on average, then SS wouldn't have a nearly 10 Trillion dollar deficit. But it does. Obviously, there is far more to the story than you comprehend.

To: Wharf Rat who wrote (761543)	1/6/2014 5:27:09 PM
From: TimF	1 Recommendation Recommended By FJB Read Replies (2) \| Respond to of 1574214

It is a handout. First from you to the people who retired before you, then from the people younger than you to you, and so forth. It doesn't function as insurance, even if it gets called that. Its also not a retirement investment fund for you, it was never really invested. The money was taken from you and spent. Now its being taken from others (and maybe you I don't know how old you are, or if your still working) and spent. It can be called insurance or investment, or any other label people want to put on it, but its really tax and spend.