Originally Posted by
Galveston1
I'm glad you brought up Social Security. It is indeed socialism. And it is corrupt, as most socialism is.
My wife and I draw about $1400.00 per month. I worked for 44+ years and for most of the time, I paid out of my check 7.25% AND my employer paid the same. Now, that didn't come out of his pocket, I earned that additional 7.25% for a total of 14.5% if memory serves me.
I had no choice in the matter. If I could have taken that money and drawn just a safe 5% compounded for all those yeare, we would'nt be getting this pathetic pittance for retirement. Having to hand over that much to government meant that I could not do more for my retirement.
Social Security is a huge ponzi scheme. As long as the work force is expanding, it will work slightly, but when the work force stops growing, then either benefits will be cut or workers will have to up the ante. Because I couldn't put anything away for myself, now my children and grandchildren have to support me in this grand manner.
And you want to know something else? You same socialists insist that abortion on demand is a woman's right, never mind that the child has no rights at all. Now that you have slaughtered 40 million + TAXPAYERS just who do you dummies think are going to support you in your old age?