It's social insurance which has benefited Americans immensely.
Not in my opinion. But I can see how a Marxist would believe that. Why stop at retirement why not just pay everyone from cradle to grave through the same redistribution system? Why should anyone have to work at all? Why should anyone have to save at all?
I’m not a Marxist. I’ve also never advocated that the government control the means of production.
This whole SS debate is based on how this liability of the federal government is an asset to the public. The corresponding assets are never mentioned during this ridiculous debate. The total SS wealth of the US population is real as the financial liabilities which support it.
SS isn’t a Ponzi scheme. We’re talking social insurance for the elderly, disabled and their families. Before it was implemented, fifty percent or so of the elderly would live in abject poverty. I’m sorry, this isn’t the type of country we should regress to as a modern society.
All we need is a funding guarantee from Congress.
>>> I’m not a Marxist.
"From each according to his ability, to each according to his needs".
Aka. "redistributing" wealth. If your insurance program were an optional program, I'd be ok with it. But the act of FORCING me to participate turns it into a redistribution program. I will have been forced against my will to pay ten times what I'll get back out of it.
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