Bill Nadzak Wrote: It really frosts me when people get on television and talk about Social Security and Medicare as entitlements. These are not entitlements! I have recently retired and have paid into, both mine and my company's contribution on my behalf, Social Security and Medicare for about 45 years. How are these entitlements, if I have paid all these years?
Social security and Medicare are not entitlements, those are dollars taken out of a person's wages that are EARNED, remember when people had jobs and could earn money?. America has aborted it's future. Millions of aborted children would now be of wage earning and SS contributing age. I detest it when people try to convince me abortion does not have an effect on all of society.
Account Deleted Wrote: Who is saying Medicare and Social Security are an entitlement ? I have not heard that. Clearly it is not an entitlement as we paid in to it. I think the issue is that both systems are, on average, in every category, paying out more money than the average person contributes (see tax policy institute charts). I am not talking about "more baby boomers receiving than whats contributing in the system" issues -although that is a big problem too. I am saying that on average (re actuarial life), everyone reading this will get more out of the system than they put in. The question is how do we fix that ?