Text 4632, 41 rader
Skriven 2010-02-05 07:09:02 av Bob Ackley (1:300/3)
   Kommentar till text 4525 av Dale Shipp (1:261/1466.0)
Ärende: Perception
==================
Replying to a message of Dale Shipp to Bob Ackley:

 DS>  -=> On 02-03-10  07:12,  Bob Ackley <=-
 DS>  -=> spoke to Michiel Van Der Vlist about Perception <=-

 BA>> Replying to a message of Michiel van der Vlist to Dale
 BA>> Shipp:

 DS>>> those who administer entitlement programs (assuming that
 DS>>> you have such)?

 MvdV>> What is an entitlement program?

 BA>> Government handouts.  There's a whole culture that's grown
 BA>> up relying on 'entitlements' in this country; the
 BA>> government says that those folks are 'entitled' to those
 BA>> government handouts they receive.  AKA welfare.

 DS> Welfare and entitlements are different things.  I receive
 DS> social security payments because I paid into the SS fund
 DS> and earned the right to receive them.  That makes it an
 DS> entitlement.  It is not welfare.

I draw SS too, and have since 2007.  I know what the rules are.
In point of fact, once one has drawn 3 to 5 years of benefits one
has exhausted all of those "contributions" and the theoretical
interest paid on them; after that we're living off the taxpayers,
and that's welfare.

That SS is an actuarial train wreck is a given; it has been since
its inception, and it's been made worse by all of the other 'goodies'
grafted onto the system by various politicians.  If the govenment 
were to put SS on an actuarially sound basis those 'contributions'
would exceed the federal income tax bite - and there would be a
revolution.  Which is, of course, why the politicians *won't* fix
the problem but keep delaying the inevitable - passing the problem
down to succeeding officeholders and generations, this has been
going on for decades.  And the bill is coming due...

---
 * Origin: Bob's Boneyard, Emerson, Iowa (1:300/3)