Social Security and Medicare entitlements
Someone please tell me what in the world is wrong with all the people that run this country! Story: Obama’s full address on debt ceiling impasse The Social Security’s retirement program has been a basic part of American life for more than 65 years. Suddenly, we’re broke and can’t help our seniors, War Veterans, Orphans, and Homeless etc.? Over the years, you save up more money and earn ‘credits’. Then after you retire, these savings are paid back to you, depending on how many credits you earned. Medicare is our country’s health insurance program for people age 65 or older. (That no entitlement)
They call Social Security and Medicare entitlements, even though most of us have been paying for them all our working lives. I have been paying into SSI (1.45% payroll) for over fifty years and it not over yet. It also is financed in part by monthly premiums deducted from Social Security checks. Every single month all Social Security recipients (around 30 million) pay for their own Medicare through deduction of $96.50 from this so call entitlements. Do the math. Where does that money get used along with Medicare part D, paid to the drugs company by the Government? And remember each prescription require a co-pay. And now, just when it’s time for us to collect, the Government is running out of money. Why and who authorized the Government to borrow from our Social Security in the first place? That money is supposed be in a lock box. (That no entitlement)
AMERICA: a country where we have homeless without shelter, children going to bed hungry, elderly going without needed medication, mentally ill going without treatment, etc. Our retired seniors living on fixed incomes receive no aid nor do they get any breaks while our Government gives Hundreds of Billions to Foreign Countries! In recent months we have provided aid to Haiti, Chile, and Pakistan…home to bin Laden…literally BILLIONS of DOLLARS! We have many adoptable children who are shoved aside to make room for the adoption of foreign orphans.
What the GOP plan would do! According to the Center on Budget and Policy Priorities, a liberal-leaning think tank, virtually all of the additional $1.8 trillion in Boehner’s cuts would have to come from entitlement programs. Can you just imagine how much better off the country would be if our Government gave us the same support they give the people who hate us. Why do people vote for those that do not care for their best? (No entitlement here)
Your Social Security benefits are the foundation on which you can build a secure retirement. The three major elements of your retirement portfolio are benefits from pensions, savings and investments, and Social Security benefits. Most financial advisors say you’ll need about 70 percent of your pre-retirement earnings to comfortably maintain your pre-retirement standard of living. If you have average earnings, your Social Security retirement benefits will replace only about 40 percent. You’ll need to supplement your benefits with a pension, savings or investments unless you’re a Congressman that will retire with 100% of their salary. What An Entitlement!

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