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The Water Cooler
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Social Security Cost-of-Living Adjustment for 2022 Is 5.9%
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<blockquote data-quote="dennishoddy" data-source="post: 3655768" data-attributes="member: 5412"><p>I disagree. The government may mandate taking it from my check but it is my money.</p><p>When SS was first instituted, the worker was supposed to contribute lets say $1. The original intent was that the government also match that $1.</p><p>The Government has never contributed a single dollar to the trillions that have been taken from American workers over the years without their permission.</p><p>It's a serious ponzi scheme that the government came up with, hoping that enough contributions from workers would sustain it even though the government has robbed the fund more than once by workers paying into the fund and dying young leaving a balance to support those that didn't. They didn't take into consideration that the improvements in health care have retired folks living much longer which is exactly what that scheme didn't need.</p><p>Just because the government controls the distribution of MY MONEY back to ME, does not constitute socialism.</p><p>In fact it has nothing to do with it.</p><p> For the correct definition of socialism, lets consult Webster.</p><p></p><h2>Full Definition of <em>socialism</em></h2><p></p><p>1<strong>: </strong>any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods</p><p>2a<strong>: </strong>a system of society or group living in which there is no private property</p><p>b<strong>: </strong>a system or condition of society in which the means of production are owned and controlled by the state</p><p>3<strong>: </strong>a stage of society in Marxist theory transitional between <a href="https://www.merriam-webster.com/dictionary/capitalism" target="_blank">capitalism</a> and <a href="https://www.merriam-webster.com/dictionary/communism" target="_blank">communism</a> and distinguished by unequal distribution of goods and pay according to work done</p><p>[URL unfurl="true"]https://www.merriam-webster.com/dictionary/socialism[/URL]</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 3655768, member: 5412"] I disagree. The government may mandate taking it from my check but it is my money. When SS was first instituted, the worker was supposed to contribute lets say $1. The original intent was that the government also match that $1. The Government has never contributed a single dollar to the trillions that have been taken from American workers over the years without their permission. It's a serious ponzi scheme that the government came up with, hoping that enough contributions from workers would sustain it even though the government has robbed the fund more than once by workers paying into the fund and dying young leaving a balance to support those that didn't. They didn't take into consideration that the improvements in health care have retired folks living much longer which is exactly what that scheme didn't need. Just because the government controls the distribution of MY MONEY back to ME, does not constitute socialism. In fact it has nothing to do with it. For the correct definition of socialism, lets consult Webster. [HEADING=1]Full Definition of [I]socialism[/I][/HEADING] 1[B]: [/B]any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods 2a[B]: [/B]a system of society or group living in which there is no private property b[B]: [/B]a system or condition of society in which the means of production are owned and controlled by the state 3[B]: [/B]a stage of society in Marxist theory transitional between [URL='https://www.merriam-webster.com/dictionary/capitalism']capitalism[/URL] and [URL='https://www.merriam-webster.com/dictionary/communism']communism[/URL] and distinguished by unequal distribution of goods and pay according to work done [URL unfurl="true"]https://www.merriam-webster.com/dictionary/socialism[/URL] [/QUOTE]
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Social Security Cost-of-Living Adjustment for 2022 Is 5.9%
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