Maggie's Farm

I never asked for SS it was forced on me. I worked for 47 years and contributed to SS all that time. Now I simply want what I put into the system. Every year SS pays out about $840 billion and takes in about $860 billion of taxes dedicated to the SS system. You can call it an "entitlement" or whatever you want but it is my money. Also during my 47 years of working the federal government TOOK the excess SS taxes and gave the SS administration T-bills. So there is now about $4 trillion the federal government owes the SS system. That is enough money to run the current system under the current rules for over 100 years. The SS system is NOT broke.

Contrast the SS system with welfare; Since the great society program began in the mid 60's we have spent well over $12 trillion on welfare. NONE of this was paid for in a dedicated tax by the potential recipients (as SS was). 100% of that came from the general fund and most of that was borrowed. Last year the federal government paid out over $1.2 trillion from the general fund. These payments are also called "entitlements" and yet there is no comparison between SS where the recipients paid into the system and welfare where the recipients paid nothing.
The bottom line is the SS is owed to the recipients, it is their money. Welfare is a handout paid for by taxpayers. Before the federal government cuts 1 penny of SS they should cut 100% of welfare and cut about a trillion and a half out of the bloated federal government. When they do that THEN come back and talk about SS.