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Re: shermann7 post# 34388

Sunday, 03/14/2010 10:41:18 AM

Sunday, March 14, 2010 10:41:18 AM

Post# of 38891
The government spends ALL social security money. All of it is claimed far into the future. And they spend all 100% of it on other programs, not retirement. Zero dollars of social security goes toward retirees. The money brought in is a tax. It is used to pay for war chests mainly.

Social Security then becomes an entitlement for medicare/medicaid recipients and retirees who paid in and WHO LIVE LONG ENOUGH to spend it. A majority do not.

Recipients are a liability. They will likely be eliminated because the money is gone.




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