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Old 11-23-2012, 09:05 AM  
potter
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Join Date: Dec 2004
Location: Denver
Posts: 6,559
Quote:
Originally Posted by Robbie View Post
Guys. Social Security is supposed to be YOU paying in enough money for YOU to get it back when you reach a certain age.

That is why it is capped at $110,000 per year.

It's not welfare, and it's not intended for one person to pay for another person.
It is welfare. It's a tax for stupid people who don't have the foresight to invest their earnings so they have something to rely on when they're old. It's also, in a simplified sense, a giant pool of money people put into, and then others can take out of (some more than others if they need it, some more than they put in, some less than they put in), which by definition really is welfare - it's a social structure to ensure the well being of the public.
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