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+--- Thread: Observation (/showthread.php?tid=797)
Observation - j.p. - 12-03-2019
Me, my wife and friends are all getting of the age to start thinking about signing up for social security.
I am not on Facebook but me wife is. I find it hilarious reading posts by people going bug-eyed crazy trying to rationalize that Social Security is not welfare. Social Security is classical welfare. Not unlike medicaid or foodstamps. Somehow they think they actually financed it themselves.
RE: Observation - k.d. - 12-03-2019
I paid more into it than I'll ever get back. It is more like a bad involuntary investment.
RE: Observation - j.p. - 12-03-2019
(12-03-2019, 01:34 PM)k.d. Wrote: I paid more into it than I'll ever get back. It is more like a bad involuntary investment.So will a lot of people. That would also happen with all of your assets.
It can't be a bad investment because it is not an investment, it's welfare.
RE: Observation - k.d. - 12-03-2019
It's a Ponzi scheme but I'll listen to your nonsense about welfare. The floor is yours.
RE: Observation - j.p. - 12-03-2019
It is tax dollars collected to pay for the social well being other (mostly) non earners.
BTW
If you live close to median life expentency, you will likely make a killing with SS. Take care of yourself !
RE: Observation - k.d. - 12-03-2019
No, no, you musn't call it a tax - it is insurance. Don't you know your history.