Yes, I’m one of those no good rotten old geezers collecting Social Security benefits.
OMFG! I’m one of those moochers collecting from an “entitlement” program.
WAIT! Did I pay into SS all of the years I worked? Nah….must be my imagination.
WAIT! (again) WTF does this all mean? Beats the f**k outta me. Being the stoopid person that I am. Perhaps someone might step forward and put this into perspective for me. Like this guy below:
THE ONLY THING WRONG WITH THE
GOVERNMENT’S CALCULATION OF AVAILABLE SOCIAL SECURITY IS THEY FORGOT
TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY EVER COLLECTED A SOCIAL SECURITY CHECK!
WHERE DID THAT MONEY GO?
Remember, not only did you and I contribute to Social Security but your employer did too.
It totaled 15% of your income before taxes.
If you averaged only $30K over your working life, that’s close to $220,500.
Read that again.
Did you see where the Government paid in one single penny?
We are talking about the money you and your employer put in a government bank to insure you and I, that we would have a retirement check from the money we put in, not the Government.
Now they are calling the money we put in an entitlement when we reach the age to take it back.
If you calculate the future invested value of $4,500 per year (yours & your employer’s contribution) at a simple 5% interest (less than what the Government pays on the money that it borrows).
After 49 years of working you’d have $892,919.98. If you took out only 3% per year, you’d receive $26,787.60 per year and it would last better than 30 years (until you’re 95 if you retire at age 65) and that’s with no interest paid on that final amount on deposit!
If you bought an annuity and it paid 4% per year, you’d have a lifetime income of $2,976.40 per month.
THE FOLKS IN WASHINGTON
HAVE PULLED OFF A BIGGER PONZI SCHEME
THAN BERNIE MADOFF EVER DID.
Entitlement my foot; I paid cash for my social security insurance!
Just because they borrowed the money for other government spending, doesn’t make my benefits some kind of charity or handout!!
Remember Congressional benefits?
— free healthcare, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid sick days.
Now that’s welfare, and they have the nerve to call my social security retirement payments entitlements?
They call Social Security and Medicare an entitlement even though most of us have been paying for it all our working lives, and now, when it’s time for us to collect, the government is running out of money.
Why did the government borrow from it in the first place?
It was supposed to be in a locked box, not part of the general fund.
Sad isn’t it?
Ok……thanks Brian. But I’d like to add these statistics in as well. Courtesy of “Wikipedia.” Because I’m 100% positive that obviously we SS moochers are draining the government and SS will go broke.
And, the government just does not have any spare cash to keep it going.
Recipients of good ol American Aid dollars in 2012
|Country||U.S. Total Economic and Military Assistance FY 2012, $US millions||Economic Assistance FY 2012, $US millions||Military Assistance FY 2012, $US millions||US Economic and Military Assistance per Capita, $US|
Obviously these countries need our cash more than anyone on Social Security, which, as everyone says, is draining the government dry. (sniff)
I feel so embarrassed taking Social Security and all those other benefits the government gives me when I could just say, “Hey, keep your money, those other countries need it more than me.”
Ok everybody….let’s all break out in a patriotic song now.
Americaaaaaaaaaaaa, Americaaaaaaaaa, …um….I’m sorry, I’m all choked up. I can’t sing anymore.
Think I’ll just go have some bread and water and think about all this.
Copyright 2014 MisfitWisdom RLV
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