Social Security IS an "Entitlement" and rightly so! So stop letting the right corrupt the language we're entitled to!
Americans, have been intentionally mislead about the definition of "entitlement".
en·ti·tle·ment
/enˈtītlmənt/
Noun
The fact of having a right to something.
The amount to which a person has a right.
Synonyms
right - title - warrant
You paid the money in, YOU are Entitled (have a right) to get your benefits (money) out! The amount to which you have a right.
I created the meme (box) above to point that out that we have to stop letting the likes of Pall Ryand and his Republicon brethren twist the word into something it's not, something negative, something people are supposedly getting for nothing from the government, which is a LIE!
We cannot not literally let the Republicons define the TERMS of debate and still win the debate. Every time you passively accept the misleading Republicon jargon on a subject (Failing Public Schools, Tort Reform, Deregulation, etc.) you've already succumbed to the lie.
Back to Social Security. It is funded by FICA one of the most regressive taxes we have. And don't be fooled! Because, while your employer may have written a check for their 1/2 of the FICA tax, your labor paid for 100% of those taxes. Because no employer could afford to take a 7.5% loss on their employees month after month, year after year and still continue to employ them. Your productivity paid the whole freight baby, and you're ENTITLED to slap yourself on the back for that!
Don't listen to Lyin' Ryan, Social Security ENTITLEMENT IS solvent now, the money is in treasury bills, the world's most trusted investment vehicle in the world. And any future SS shortfall is an easy fix. The cap on income taxed for SS (currently at $113,700) should be raised substantially. Problem Solved! If it had been indexed to inflation since the 60's the cap would be at well over $450K by now and SS would way more than solvent for the more than foreseeable future. You're entitled to the truth, so take it easy, but take it!
6 comments:
A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation. Heh.
P.S. Heh, heh
Ponzi is the god of hypocrisy in the Cult of Con pantheon.
Which is why the genius Nemo doesn't have buy insurance. Not for his car, his health, his house, or his life, let alone for out living his savings.
Cuz distributin da risk is soshalizm!
So you admit that Social Security is a fraudulent investment operation. Well, that's a start.
So you are saying that insurance is a fraudulent investment operation. Well that's typical Nemo BS "thinking".
Yeah, things were so much better in your Republicon distopian past before SS when over 30% of seniors lived in poverty.
You're a waste of time. Take your whacky disingenuous nonsense and lack of intellectual integrity and go play with your pals on Free Racine where that kind of behavior is appreciated and encouraged in service to the Cult of Con.
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