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If they take away my social security... I want my payments back.
by lucidguppy 10y ago
If they take away my social security... I want my payments back.
- jeffdavis 10y agoEasy to accommodate: either continue your SS with a benefit of $100/mo; or take away your benefit and return you your inflated dollars.
- strictnein 10y agoThe ROI on future social security payments for most tech workers is already ~0%, so inflated dollars would be an improvement on that.
- ryandrake 10y agoSocial security is not a savings account. It's not "you paying for future you". It's you paying for others now, and later, others will be paying for you.
- umanwizard 10y agoIf they cancel some welfare program (like free lunch for poor school kids), do you want your money back that you paid into the program while it existed? What sense does this make?
- kdamken 10y agoNot the best comparison. Besides being a requirement, you pay into social security based on the assumption that you'll get benefits when you're older. If you paid for 20 years and then the program went bust and you didn't receive anything, I think you'd rightly feel ripped off.
- umanwizard 10y ago> you pay into social security based on the assumption that you'll get benefits when you're older. No. If you think this is how social security works then you have been tricked. Social Security is a welfare program for old people. A better analogy is if you paid for free lunches for kids, then you have a kid and also become poor, but they cancel the program, you'd feel ripped off. The reason it doesn't intuitively feel the same way (even though it is) is because middle class people have a much higher chance of ever becoming old than ever becoming poor.