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by texas1234
Sat Nov 13, 2010 10:22 am
Forum: Gun and/or Self-Defense Related Political Issues
Topic: Social Security Isn't An Entitlement
Replies: 56
Views: 8804

Re: Social Security Isn't An Entitlement

Social Security is an entitlement. Dont confuse the definition of entitlement with entitlement mentality.

Paying into social security you are entitled to a return theoritically in a perfect world. Welfare is an entitlement menatily meaning people began to believe they are entitled to something while not contributing.

Social Security is an entitlement. Welfare is not an entitlement but many of those receiving it have an entitlement mentality.

Problem with Social Security is that the money has never been a designated fund, it is a tax, and the government borrows from it to pay for other expenses. So there is no money in the a Social Security "fund". Which is why current workers pay for current recipients.

Social Security was nothing more than an income tax always has been.

When the government goes broke, which we are, they do not have the money to pay back the entitlement, so they either print it causing inflation making your dollar worth less, or they borrow it and end up paying massive amounts of interest, or they raise taxes.

Currently they are printing it, borrowing it, and trying to raise taxes.

In the end if they dont get this together the government becomes insolvent and the currency inflates and we all end up going completely insane because our way of life and the system we know has been destroyed.

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