LadyJazzer wrote: And, as has been pointed out to you multiple times, many leaving the work force are not on "government aid"...They're collecting the Social Security insurance payments that they paid INTO the system.
No they're not, they are collecting the tax revenues that current workers are paying into the system, plus about $100 Billion from the general treasury to make ends meet. The taxes they paid into the system were spent the same year that they were paid, just like they are for those who are paying the taxes today.
Social Security is not an insurance program, it is not an annuity or any other form of financial instrument. It is an annual taxation and appropriation of the federal government. Nothing more, nothing less.
LadyJazzer wrote: And, as has been pointed out to you multiple times, many leaving the work force are not on "government aid"...They're collecting the Social Security insurance payments that they paid INTO the system.
No they're not, they are collecting the tax revenues that current workers are paying into the system, plus about $100 Billion from the general treasury to make ends meet. The taxes they paid into the system were spent the same year that they were paid, just like they are for those who are paying the taxes today.
Social Security is not an insurance program, it is not an annuity or any other form of financial instrument. It is an annual taxation and appropriation of the federal government. Nothing more, nothing less.
Of course you are once again incorrect. The payroll taxes are paid into the SS Trust Fund which pays the benefits from that Fund. Historically, the Fund collects more than is paid out, accumulating a surplus. Your statement that the taxes are spent the same year they were paid is false. Your statement that the general treasury must kick $100 billion per year to make ends meet is also false. The Treasury is paying off the treasury issued instruments for the loans from the Trust in previous years, not to "make ends meet", but to satisfy the debts to the Trust Fund incurred previously from Congress.
You knew that, but chose to make false statements to satisfy your partisan demagoguery positions. Why not tell the truth?
"Remember to always be yourself. Unless you can be batman. Then always be batman." Unknown
