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Trump's Merit System
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(10-10-2017, 09:13 AM)jj82284 Wrote: Actually, social security is the problem, not the solution. It isn't a system that you pay into and then have a return on over time. That's not the way the system is designed. The dollars that you pay in today, through the most regressive and onerous tax on the books, goes to pay a current beneficiary through an age based welfare system. You are right, Social Security and Medicare are a Ponzi scheme. But that doesn't change the fact that people pay into the system and are rightfully "entitled" to the promised payback at the end. Had that money been invested in an index fund the interest at retirement would be more than the government payout. It's not welfare (although it was for those collecting at the beginning). Which brings up an annoyance of mine, conflating Medicare and Medicaid. Medicaid is welfare. "Why should I give information to you when all you want to do is find something wrong with it?" |
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