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re: Should Poor people have "Less Vote" than Rich people?
Posted on 7/20/14 at 2:08 pm to bencoleman
Posted on 7/20/14 at 2:08 pm to bencoleman
quote:
The poster Zach honestly believed that the SS that I will be receiving was coming out of his pocket never mind that I have been paying in for over thirty years
It is.
When you were paying SS - you were paying for other people's SS. The people receiving benefits at the time.
In exchange for this, the law requires us younger people to pay your SS now.
And when I get old, the law requires people younger than me pay for mine.
This is true because when SS began - old people who had never paid into it became beneficiaries.
That's how it works. Pay as you go. Each generation taking care of the one who came before it.
Posted on 7/20/14 at 2:22 pm to SpidermanTUba
quote:
It is.
I understand but that's the way it is I didn't create the system. I do know this I have put quite a bit of money somewhere. Several years ago the subject came up of letting each person have some control over their accounts if I remember correctly the dims called it a scheme and voted it down.
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