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Social Security is not an entitlement

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Posted: Thursday, January 3, 2013 12:00 am | Updated: 6:55 am, Mon Jan 7, 2013.

Social Security is not an entitlement Mr. Politician, SSI is not an entitlement; your pay, perks and benefits are the entitlement. Taxpayers are not getting their money's worth — your political ratings are at 10 percent and you're getting $150,000 or more in retirement benefits either now are in the future. How much did you contribute toward that? We paid — some of us for 50 years or more.

So, Mr. Politician, you are not handing us a freebie — we worked for it. I guarantee we paid more for our benefits than you paid for yours.

As for Medicare, I will get back to you on our cost. I don't suppose your Cadillac hospital care is something you would be paying for, either, so saying or calling SSI an entitlement rubs a lot of people the wrong way. We paid for it — what little we do get.

So if you reside in Washington, D.C. — or will some day — try and remember and take pity on the little people who pay the bills.

Ben Coleman

Lodi

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Welcome to the discussion.

25 comments:

  • daniel hutchins posted at 7:47 pm on Mon, Jan 14, 2013.

    daniel hutchins Posts: 1338

    social security is a ton tine scheme.

    ton tine: Last person living takes all.

     
  • Walter Chang posted at 11:19 am on Sun, Jan 6, 2013.

    Walt Posts: 1132

    "inexplicably removed"

    [lol]

     
  • Patrick W Maple posted at 7:54 am on Sun, Jan 6, 2013.

    Pat Maple Posts: 1805

    wrong again mrl: From the SS Historian's Office: "... From the beginning of the Social Security program its transactions were reported by the administration as a separate function in the budget. This is sometimes described in present usage by saying that the Social Security program was "off-budget." This was the budget representation of the Social Security program from its creation in 1935 until 1968.


    In early 1968 President Lyndon Johnson made a change in the budget presentation by including Social Security and all other trust funds in a"unified budget." This is likewise sometimes described by saying that Social Security was placed "on-budget."... (in other words the general fund).

    From that day forward money was stolen from the trusts and used in many different ways...primarily Viet Nam and "The Great Society". The fact is the proceeds from the various "Trust Funds" was supposed to generate even more money that could be distributed to the owners (retirees)...much like the teacher's retirement funds like PERS and STRS. Of course when you are "borrowing it" from them and have NO way of EVER paying it back and no INTENTION of ever paying it back...well then there's you.

     
  • Doug Chaney posted at 10:05 pm on Fri, Jan 4, 2013.

    advocate Posts: 502

    Great words, Mr. Heuer. I suggest the city council and its three certain male members and the dysfunctional management team and many of their staff immediately work on the bias inLodi and recognize the eastside as a Lodi community even some of those high rollers are partially responsible for creating the slumlike, gang ridden and drug infested area it is by constantly pandering to those who suggest to them what would be best for livable, lovable Lodi. Just look where this little town is now with their dereliction of duty to Lodi as a whole, not just the affluent gated communities of the rich and famous.

     
  • Andrew Liebich posted at 9:37 pm on Fri, Jan 4, 2013.

    Andrew Liebich Posts: 2999

    As recently as 2000, this "surplus" would have yielded about 6.15 percent and an interest income of $3,075 a year. Now the same obligation is yielding 0.7 percent and an interest income of $350 a year. This is the lowest yield on this maturity of Treasury debt since the Federal Reserve started keeping an index of the yields in 1953! But it’s more than a low interest rate. It’s an income decline of nearly 89% in just 12 years! And after you account for inflation, those that put money into savings accounts today are actually losing money! Unless of course you live on Planet Pop Tart.
    [sleeping]

     
  • Thomas Heuer posted at 8:34 pm on Fri, Jan 4, 2013.

    nth degree wise Posts: 1530

    Political correctness is simply another word(s) for respectful curtesy. Since men were notorius for alterior motives in meetings with other men to reduce suspicions and show goodwill rituals of hand shake, bows, leaving weapons at the door, bearing gifts, were adopted.

    Since the white dominant culture found it necessary to maintain their dominance they found it necessary to maintain dominance by limiting access to their society by segregation and other prohibitions. To mentally segragate other races deragatory name calling (slurs) were used for native americans, African Americans, European Americans, Asian Americans, hispanic Americans (there was a time when there was little distinction between legal and illegal), Jewish Americans, etc., that was meant to keep them in their place.

    So now to show we are a more inclusive society we have decided we want to break down all the segregating slurs and be more curteous (politicall correct) to show our goodwill. If a minority want to continue their derogatory remarks toward the dominant race we may feel it is rude and discurteous but they do not have the same segragating effect as ours had on them. We are still able to continue our participation in all aspects our society, sit any where on the bus, eat in any resturant, shop where ever we want, stay in any hotel, so we have to understand their slurs are not incapacitating to us as ours were to them in past history.

    Understanding our past transgretions as the dominant culture it is necessary for us to begin the transforming to a more accepting open society. The true spirit of America.

     
  • John Lucas posted at 5:06 pm on Fri, Jan 4, 2013.

    John Lucas Posts: 2730

    The idea LBJ opened the door is not correct. Every year there is a deficit the surplus is loaned to the government. Roosevelt opened the door. The law is that the surplus must be invested in government securities.

     
  • John Lucas posted at 5:01 pm on Fri, Jan 4, 2013.

    John Lucas Posts: 2730

    All surpluses from Social Security taxes are loaned to the Government. The trust fund is worth approx. 2.7 trillion which is in T-Bills. This is the law since its inception.

    http://en.wikipedia.org/wiki/Social_Security_Trust_Fund

     
  • Patrick W Maple posted at 4:30 pm on Fri, Jan 4, 2013.

    Pat Maple Posts: 1805

    mrl: The US gov owes the Social Security, Medicare and other gov program cofers over $4.7 TRILLION dollars (57% of the debt to SS alone)!!! That doesn't count what they have already spent on social programs since 1963. LBJ opened the door and the hogs came flooding in...he started the stampede and should be held accountable.

     
  • Andrew Liebich posted at 10:11 am on Fri, Jan 4, 2013.

    Andrew Liebich Posts: 2999

    Do you agree with Kristof Ms. Bobin?

    "This is painful for a liberal to admit, but conservatives have a point when they suggest that America’s safety net can sometimes entangle people in a soul-crushing dependency. Our poverty programs do rescue many people, but other times they backfire."

     
  • Andrew Liebich posted at 10:06 am on Fri, Jan 4, 2013.

    Andrew Liebich Posts: 2999

    Socialist security, possibly the world’s largest wealth redistribution scheme in history is finally now coming to an end… from the AP, “People retiring today are part of the first generation of workers who have paid more in Social Security taxes during their careers than they will receive in benefits after they retire. It’s a historic shift that will only get worse for future retirees.”

    Right now, approximately 56 million Americans are collecting Sociaist Security benefits. By 2035, that number is projected to grow to a whopping 91 million. Overall, the Socialist Security system is facing a 134 trillion dollar shortfall over the next 75 years.

    Back in 1950, each retiree’s Socialist Security benefit was paid for by 16 U.S. workers. But now things are much different. According to new data from the U.S. Bureau of Labor Statistics, there are now only 1.75 full-time private sector workers for each person that is receiving Social Security benefits in the United States.

    Between 1991 and 2007 the number of Americans between the ages of 65 and 74 that filed for bankruptcy rose by a staggering 178%! Also, at this point one out of every six elderly Americans is already living below the federal poverty line. So how bad are things going to be when Socialist Security collapses? That is frightening to think about.

    If you retired in 1960, you could expect to get back seven times more in benefits than you paid in Social Security taxes, and more if you were a low-income worker, as long you made it to age 78 for men and 81 for women. As recently as 1985, workers at every income level could retire and expect to get more in benefits than they paid in Social Security taxes, though they didn’t do quite as well as their parents and grandparents.

    Not anymore.

    A married couple retiring last year after both spouses earned average lifetime wages paid about $598,000 in Social Security taxes during their careers. They can expect to collect about $556,000.

    Myself, I’m ecstatic to see this socialist ponzi scheme fail. While I feel for people who “paid into it” their whole lives and will now get nothing, the fact of the matter is the money was stolen from them, and stealing from future generations won’t make things any better. Taxes are theft, all of them, the sooner people accept it, the sooner the healing process can begin.

     
  • Joanne Bobin posted at 9:43 am on Fri, Jan 4, 2013.

    Joanne Bobin Posts: 4488

    Here's one for those in this forum who think that only blacks and Hispanics have the inside scoop on government freebies and are on the fast track to being a variation of, as Ronald Reagan would say, "Welfare Hicks."

    http://www.nytimes.com/2012/12/09/opinion/sunday/kristof-profiting-from-a-childs-illiteracy.html?pagewanted=all&_r=0

     
  • John Lucas posted at 7:49 am on Fri, Jan 4, 2013.

    John Lucas Posts: 2730

    When the very rich who greatly benefited from the tax cuts in the 20 years of Republican rule decide they do not want to pay back the money the United States borrowed from the Social Security Trust Fund. You have to love the swindle the perpetrated to get their hands on that money.

     
  • Joe Baxter posted at 5:47 am on Fri, Jan 4, 2013.

    Joe Baxter Posts: 1850

    In order to deem SS funds "borrowed" by the Federal Government, one would expect that at some time the money would be repaid. Never gonna happen. At what point should we deem these funds to be stolen instead of borrowed?

     
  • Thomas Heuer posted at 7:26 pm on Thu, Jan 3, 2013.

    nth degree wise Posts: 1530

    Thanks John. That is what I understand as well.

     
  • Walter Chang posted at 5:30 pm on Thu, Jan 3, 2013.

    Walt Posts: 1132

    "his 'Great Society' give aways"

    Hey Pat, some of those give aways still exist.

    Medicare and Medicaid come to mind. Supplemental Security Income (or SSI) is another.

    Hopefully, your saving a little bit for your retirement?

    But rest assured knowing...

    That Medicare and Social Security will be there for you too!

    [huh]

     
  • Walter Chang posted at 4:58 pm on Thu, Jan 3, 2013.

    Walt Posts: 1132

    I don't think...

    You've ever been to a Social Security office...

    Who do you think is guarding the "lock box"????


    [beam]

     
  • Walter Chang posted at 4:37 pm on Thu, Jan 3, 2013.

    Walt Posts: 1132

    "For the sake of accuracy..."

    Supplemental Security Income (or SSI) is a United States government program that provides stipends to low-income people who are either aged (65 or older), blind, or disabled. Although administered by the Social Security Administration, SSI is funded from the U.S. Treasury general funds, not the Social Security trust fund. (wiki)

     
  • Walter Chang posted at 4:35 pm on Thu, Jan 3, 2013.

    Walt Posts: 1132

    "I believe the author of the letter was referring to..."

    Clearly Ben is referring to Social Security Retirement although he misuses the term "SSI" twice.

    He states...

    "How much did you contributed toward that?"

    "We paid — some of us for 50 years or more"

    "we worked for it... we paid"

    "calling SSI an entitlement rubs a lot of people the wrong way..."

    "We paid for it... what little we get"

    [beam][beam][beam][beam][beam][beam][beam][beam]

     
  • Walter Chang posted at 4:33 pm on Thu, Jan 3, 2013.

    Walt Posts: 1132

    "There is often confusion regarding this matter"

    Yup.

    And another great opportunity to obfuscate further!

    [wink]

     
  • John Lucas posted at 3:35 pm on Thu, Jan 3, 2013.

    John Lucas Posts: 2730

    BTW, What you are saying is nonsense. The surplus is borrowed by the Federal Government. It would be the same size no matter what. It is part of the national debt.

     
  • John Lucas posted at 3:30 pm on Thu, Jan 3, 2013.

    John Lucas Posts: 2730

    Not to mention the 20 years of the Reagan and the Bush's where they cut taxes and borrowed from Social Security trust fund ti finance them.

     
  • Patrick W Maple posted at 12:00 pm on Thu, Jan 3, 2013.

    Pat Maple Posts: 1805

    Great letter. As I have posted several times...had LBJ and his cronies not robbed the SS "locked box" to pay for his war in Viet Nam and his "Great Society" give aways, the Seniors of theis country would be receiving about 3.6 times the money they currently receive (average pay would be in the $4000 per mo. range). Can you please tell me why the majority of them (Seniors) still vote for the idiots who either cut, freeze or minisucally dole out increases only to take them away to pay for the increases in medicare? SENIORS PLEASE wake up...these people are robbing you blind!!!

     
  • Jerome Kinderman posted at 11:04 am on Thu, Jan 3, 2013.

    Jerome R Kinderman Posts: 2357

    For the sake of accuracy, "SSI" is an entitlement. Supplemental Security Income is provided to those disabled adults and children with limited income. It's often paid out to those who have never paid one dime into the Social Security system. I believe the author of the letter was referring to Social Security Disability payments which are paid according to the same criteria as Social Security Retirement. There is often confusion regarding this matter.

     
  • Thomas Heuer posted at 10:41 am on Thu, Jan 3, 2013.

    nth degree wise Posts: 1530

    Good letter Ben

     

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