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originally posted by: CriticalStinker
originally posted by: neo96
a reply to: dfnj2015
No I'm not.
No one funds their social security by themselves.
There's a snip ton of other peoples money going to that monthly stipend.
Imagine if we contributed to our own 401k instead of Social Security.
originally posted by: Bluntone22
a reply to: dfnj2015
Social security is welfare.
originally posted by: CriticalStinker
originally posted by: dfnj2015
No flags. LOL!
Well the whole OP is a logical fallacy, and the main source other than the social programs is a YouTube video from a guy no one has heard of.
You could have used Noam Chomsky instead.
originally posted by: dfnj2015
originally posted by: Bluntone22
a reply to: dfnj2015
Social security is welfare.
I disagree with your opinion. Welfare has traditionally meant something else:
"1) Cash and cash-like programs: As Michael Linden of Center for American Progress told me, there are five big programs in the Cato list that are most analogous to what people think of as “welfare”: The refundable part of the Earned Income Tax Credit ($55 billion), Temporary Assistance for Needy Families ($21 billion), Supplemental Security Income ($43.7 billion), food stamps ($75 billion), and housing vouchers ($18 billion) and the Child Tax Credit. All together, that’s around $212 billion dollars." "
originally posted by: Edumakated
originally posted by: dfnj2015
originally posted by: Bluntone22
a reply to: dfnj2015
Social security is welfare.
I disagree with your opinion. Welfare has traditionally meant something else:
"1) Cash and cash-like programs: As Michael Linden of Center for American Progress told me, there are five big programs in the Cato list that are most analogous to what people think of as “welfare”: The refundable part of the Earned Income Tax Credit ($55 billion), Temporary Assistance for Needy Families ($21 billion), Supplemental Security Income ($43.7 billion), food stamps ($75 billion), and housing vouchers ($18 billion) and the Child Tax Credit. All together, that’s around $212 billion dollars." "
What do you call giving people more money than they put in? Is that not giving people cash they have not earned?
Look, I don't have a problem with social security in that I recognize too many people simply aren't capable of caring for themselves nor making prudent decisions to fund their own retirement. But let's call a spade a spade. It is a retirement ponzi scheme and by definition it is welfare.
I disagree with your opinion. Welfare has traditionally meant something else:
originally posted by: CriticalStinker
a reply to: dfnj2015
I disagree with your opinion. Welfare has traditionally meant something else:
It is, and a bad one.
If you make 40,000 a year and retire at 65, you will get about 1,500 a month (per gov projections, hold in the laughs).
Social security tax is 6.2%, matched by employer for a total of 12.4%.
If you make 40,000 a year and put in 12.4% (starting at age 30) to a 401k, you will get 10,000 dollars a month.
Tell me which one is a better use of money.
If you make 40,000 a year and put in 12.4% (starting at age 30) to a 401k, you will get 10,000 dollars a month.
All military spending is socialism
Forget welfare, as stated in the video, how can the Pentagon receive over 20 Trillion dollars in "adjustment" spending fro the treasury that was NOT authorized by Congress?????????
How much money has been spent on the RESIST/ Occupy movement - that would be better served helping the citizens they claim are the most hurt.