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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (69758)	5/3/2018 8:35:54 PM
From: Lane3	Respond to of 363029

I don't recognize this supposed claim that current payments are based on current withholding You were the one who made it in the first place. I didn't recognize that statement as being a paraphrase of my "claim" that current benefits to beneficiaries are paid from the revenue of current withholding from workers. is in no way contradictory to my claim that current benefits to are based essentially on what the current beneficiaries paid in over their working career I think it's your use of the word, based. I understand the word in the latter usage, not the former. my claim that current benefits are based essentially on what the current beneficiaries paid in over their working career. Which said claim of mine you contested and said was not true because of your statement about current income [I read "revenue"] vs payments. I don't see that contest and, if I understand you correctly, it's not something I would have contested. I agree that they are not mutually exclusive. I did contest this: So if you mean that what I get paid back is not in fact an actual result of just my own money, invested all those years, you may or may not be correct. Depends where you are on the curve, and what your lifespan ends up being. I challenged the notion that the money being paid as a benefit is one's own money, money that was previously withheld, and that interest and lifespan have anything to do with it one's benefit. -One's own money, having been withheld, is not set aside to be paid back later in benefits. -And it certainly doesn't accrue interest while resting. -The benefit amount is determined before one's lifespan is known. Perhaps you had in mind cumulative lifetime benefits. I did not read it that way. Hence the contest.