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Social Security isn’t a “social welfare program”. It is a government-mandated retirement investment fund.
by CodeWriter23 5y ago
Social Security isn’t a “social welfare program”. It is a government-mandated retirement investment fund.
- lotsofpulp 5y agoThere are varying degrees of means testing and wealth transfers happening with Social Security, seen when the government changes the age one starts receiving benefits and the amount of the benefit (and which cost of living adjustment to use). It is not a cut and dry case of social welfare, but it is also not a “what you get is what you put in” program either. I think it will only become more and more means tested and more akin to a social welfare program though.
- refurb 5y agoBy that logic universal healthcare isn’t a social program either, it’s government mandated health insurance.