europachris wrote:Because the Socialist/Communists will never allow it to be taken away.....it's an "entitlement". Logic and facts are irrelevant. Take from the rich and give to the lazy/inept/slackers/suck from the government tit/useless to society derelicts. They will bankrupt this country into oblivion before any logic is injected into the entire situation.
Ida May Fuller (September 6, 1874 – January 31, 1975) was the first American to receive a monthly benefit Social Security check. She received the check, amounting to $22.54, on January 31, 1940
Fuller was born on a farm outside Ludlow, Vermont. She spent most of her life in Ludlow, working as a legal secretary, but lived with her niece in Brattleboro, Vermont during her last eight years. She retired in 1939, having paid just three years of payroll taxes. She received monthly Social Security checks until her death in 1975 at age 100. By the time of her death, Fuller had collected $22,888.92 from Social Security monthly benefits, compared to her contributions of $24.75 to the system.
samhill wrote: Being honest how many here if retirement savings were left up to them from the very beginning of employment & figuring in getting married & raising say two kids, rent, housing, taxes, transportation, medical, utilities & such could discipline themselves to put away a % of their earnings & never touch it until they retire.
jpete wrote:It's not coming back Sam.
If programs like this worked, Europe wouldn't be coming apart at the seams today.
But whatever...you keep shoveling money to the government. They've been so responsible with it so far.
anthony7812 wrote: Anywho, social security is a good idea IMO. Problem is we have wayyy to many hands in the darn cookie jar.