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originally posted by: neo96
originally posted by: amicktd
How about we cut Corporate welfare or how would they feel about getting a little less for the better of the country...smh
Social security is CORPORATE WELFARE.
All social programs are.
Do people really like having to pay decades in to something to finally one day get it and be worth LESS than when they started.
I am talking about the value of the dollar there. Inflation is a killer.
Social Security is a WELFARE program, and that's all it is.
Look up Flemming V. Nestor and Helvering V. Davis.
Social Security is not an insurance program at all. It is simply a payroll tax on one side and a welfare program on the other. Your Social Security benefits are always subject to the whim of 535 politicians in Washington.
It's not a right.
And truth be told.
Since employers are matching contributions @ 6%, and the difference is made up by other means.
The ONLY social security benefits people might be 'entitled' to is the 6% they personally paid in.
originally posted by: burdman30ott6
originally posted by: amicktd
I agree, but we should start with the billionaires first, not the elderly.
I agree here. Subsidies should be cut entirely to corporations, including all the clean energy/renewable crap Obama has subsidized to the moon because they are unable to tread water financially without it. Cut subsidies and welfare to all able bodied Americans, as well.
Not only would that "save" Social Security, it would allow us to start chipping away at the fantastical avalanche of federal debt amassed over the past 14 years.