Social Security

[*PhilHos*]

(10-18-2018, 11:43 AM)Yojimbo Wrote: So keeping seniors out of poverty isn’t a good use for SS? It cuts the senior poverty percentage from 50% to 12.5%. I’d say that’s a good thing.

https://www.cbpp.org/archives/4-8-99socsec.htm

We're talking about MY money going towards SS. So, no, keeping seniors out of poverty with my own money while putting myself INTO poverty is not a good thing. 

Seriously, though, I thought we were talking about the suplus or whatever it is government "borrows" from SS. That money does not go to keeping seniors out of poverty. It's used for all kinds of government programs so what's the big deal about it being used for the deficit?

For the record, I think SS moeny should stay in social security, but maybe that's just me.

(10-18-2018, 11:45 AM)Bengalzona Wrote: Ah. So, the several hundred thousand that I have paid into SS (literally) will not be there for my retirement, but it is there now to help our current government pay off a deficit which they created?

The money you pay in was never going to be there, though, when you retire. SS is not a savings plan.