In article ,
(ArtKramr) wrote:

From: Ed Rasimus

Dunno about Art, but I know I definitely paid for Social Security and
Medicare, both when I was on active duty and in the 17 years since
retirement. I paid income tax on active duty as well.

We all paid and paid and paid ad infinitum

Well, *some* of your generation paid the highest price, but the vast
majority of folks born before about 1950 are going to get a *lot* more
than they paid in to Social Security. Lower SS paid in at the time,
higher money paid out, even considering compound interest.

SS was originally supposed to be a safety net for the small handful of
folks who hit 65 and didn't have any money, not the default retirement
fund for the *majority* who now manage that age.

Hell, most folks my age and below are either relying on personal savings
or planning on working until the day they die, because the math on SS is
pretty damning. Look at what's happening to Europe due to similar but
more encompassing programs...

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