4 Comments
User's avatar
⭠ Return to thread
Frans Susan Phillips Duncan's avatar

Medicare and SS aren't welfare the same way the other dozens of free-stuff programs are. I want my money back that I paid into the Ponzi scheme. All other welfare programs could be eliminated to pay SS and Medicare that we recipients paid for over many years.

Expand full comment
Sea Sentry's avatar

Correct - Social Security is a self-funding program, unlike welfare payments. Its looming insolvency is due mostly to people living longer and changing demographics - more people drawing benefits and fewer workers paying in.

Expand full comment
Reddog's avatar

No that’s not entirely correct. Non contributing people are taking the money intended for contributions made by workers. They’ve divided up SS to a lot more programs that don’t involve worker contributions.

Expand full comment
Andy G's avatar

…and the fact that benefits are going up with average wages, rather than simply with CPI. Change this one thing and you address almost 80% of the funding gap right there.

Expand full comment