How much do you really know about entitlement programs?
Posted by Rocky_Road 12 years, 1 month ago to Government
I am a news junky, and thought I would 'ace' this.
I only got 6 answers right....
I only got 6 answers right....
While we're very happy to have you in the Gulch and appreciate your wanting to fully engage, some things in the Gulch (e.g. voting, links in comments) are a privilege, not a right. To get you up to speed as quickly as possible, we've provided two options for earning these privileges.
Given that the average lifetime at the onset of SS was 63, few ever lived long enough to receive back their entire investment. Today the opposite is true: many live long past their contribution, and keep on collecting. Hence, you have an entitlement.
Same with Medicare. You can take out much more than you put in.
I need to dig deeper into this...I pride myself for arguing with 'facts', but on this subject I am mostly arguing from my gut feeling.