Posted by Tom in TN on September 07, 2013 at 06:28:16 from (70.210.3.120):
In Reply to: Grand Theft posted by LAA on September 07, 2013 at 06:01:45:
LAA,
This a real conunbrum, isn't it? It seems terribly unfair for people to pay in, and then never receive any benefits.
At the same time, there are many retirees who receive benefits that fair exceed the amount that they've paid in.
I don't think that our politicians have the stomach to establish a system that refunds to retirees, or the retirees' heirs, the exact amount that was paid in. And frankly, I don't think it would be a good idea to do so.
Social Security is a tax. And like all taxes, some people are pleased with the way the money is spent, and some people aren't.
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Today's Featured Article - A Brief History of Tractors in Australia - by Bob Kavanagh. After Captain Cook's exploration of the east coast in 1770 the British Government decided to establish a penal colony in Australia. The first fleet arrived in 1788 and consisted mainly of convicts who were poorly equipped and new little of farming techniques. The colony remained far from self-supporting and it was not until the early 1800's that things started to improve. Free settlers started to arrive, they followed the explorers across the mountains and where land was suitable set up farms. T
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