General Interest

The Third Rail of politics


Just how much do we pay out in Social Security and Medicare taxes over a lifetime, compared to how much we receive in benefits? The answer depends on several variables, including gender, earnings, household configuration, the age at which we retire and our health. But generally, we receive far more in benefits than we pay into the system, according to new figures released by the Urban Institute.  Read the details at Bankrate.com

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Discussion

4 thoughts on “The Third Rail of politics

  1. In the first two years of receiving SSI, I received more than I paid in. I am now into 13 year receiving SSI. It’s no wonder this Government is broke.

    Posted by Bob Neiderlander | March 8, 2011, 7:04 am
  2. Entitlements are largely why we run a deficit each year, and why we have such a huge national debt. Factor in the $40K+ debt that each and every American citizen owes(that does not include any personal debt, credit card, mortgage, car payment, etc.,) and you see where those benefits came from, your tax paying neighbors, their children and their grandchildrens’ future. Be sure to give them a big “Thank you.” Progressivism and it’s giveaway programs are a big whirlpool sucking you and America down the drain. It’s hard to swim against the tide that is purposefully designed to draw everyone into government control.

    Posted by Prince of Peeps | March 8, 2011, 1:07 pm
  3. Bob, my Grandma collected for over 30 years. OK, class, who can spell Ponzi?

    Posted by Liv | March 8, 2011, 5:54 pm
  4. Your articles are for when it absolutely, positively, needs to be undsertood overnight.

    Posted by Joyelle | September 24, 2011, 11:33 am

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