View Poll Results: Do you view social security is an entitlement that can be altered?

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  • Yes, it should be eliminated completely.

    45 50.00%
  • Yes, I could handle a small level of program reduction.

    6 6.67%
  • No, its my money, and the government has no right to touch it.

    32 35.56%
  • I dont know and/or it depends on what is offered as a replacement program.

    7 7.78%
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Thread: Do you view Social Security as an entitlement?

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    Do you view Social Security as an entitlement?

    Just curious as to how people view Social Security. I myself do NOT view it as an entitlement, considering its MY money I have been putting in the program for years and years. I dont believe Social Security should even be on the table for negotations leverage in debt debates. Curious to see how everyone else thinks.

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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by SypherAL View Post
    Just curious as to how people view Social Security. I myself do NOT view it as an entitlement, considering its MY money I have been putting in the program for years and years. I dont believe Social Security should even be on the table for negotations leverage in debt debates. Curious to see how everyone else thinks.
    The money you put in is already gone and used by people by the time your time comes around for it. The service like any other entitlement is expected by everyone using it. Almost everyone gets by far more than they put in. The people with more money get less from it than they pay for it. The fact is it does everything every entitlement does. It was created for helping a group of people in hard times and not to fund the government or to protect rights or liberties. So yes, it is an entitlement.
    Last edited by Henrin; 09-01-11 at 08:04 AM.

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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by Henrin View Post
    The money you put in is already gone and used by people by the time your time comes around for it. The service like any other entitlement is expected by everyone using it. Almost everyone gets by far more than they put in. The people with more money get less from it than they pay for it. The fact is it does everything every entitlement does. It was created for helping a group of people in hard times and not to fund the government or to protect rights or liberties. So yes, it is an entitlement.
    When is it considered hard times? High unemployment? Large national debt? Do you believe it should be available to Americans in times as these, and altered at a later date?

    Or do you believe it should be eliminated as is? I am just curious to see how you view it, im not judging your response.

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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by SypherAL View Post
    Just curious as to how people view Social Security. I myself do NOT view it as an entitlement, considering its MY money I have been putting in the program for years and years. I dont believe Social Security should even be on the table for negotations leverage in debt debates. Curious to see how everyone else thinks.
    Well, that's exactly why it's called an entitlement. You're entitled to that money. People tend to forget what that word means. The problem with social security is that it's been misused and become ineffective, but there's no good way to get rid of it. You can't just tell people, "Sorry for making you pay a large percentage of your income all your life, but we can't afford to pay it back to you now." The only reasonable way to get rid of it would be to phase it out, but that makes the debt problem even worse, since it eliminates a major source of income.
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    Re: Do you view Social Security as an entitlement?

    The truth is that you don't actually get out what you pay in. You are paying for the current elderly right now, and you will supported by the next generation of taxpayers when you retire. You don't get to be selfish and demand that you should be taken care even if the resulting debt screws everyone else. In reality, you didn't actually pay enough money to cover your own costs and as a result SS is going to run out of money in the future. The problem is fixable, but it will require some sacrifices such as retiring later than 65. SS may has vital functions in providing social stability, but it is not a sacred cow. It should be weighed on its merits and costs just like every other program.

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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by rathi View Post
    The truth is that you don't actually get out what you pay in. You are paying for the current elderly right now, and you will supported by the next generation of taxpayers when you retire. You don't get to be selfish and demand that you should be taken care even if the resulting debt screws everyone else. In reality, you didn't actually pay enough money to cover your own costs and as a result SS is going to run out of money in the future. The problem is fixable, but it will require some sacrifices such as retiring later than 65. SS may has vital functions in providing social stability, but it is not a sacred cow. It should be weighed on its merits and costs just like every other program.
    Unfortunately, anyone holding this view is painted as a fringe lunatic who hates the poor and elderly.
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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by atrasicarius View Post
    Well, that's exactly why it's called an entitlement. You're entitled to that money. People tend to forget what that word means. The problem with social security is that it's been misused and become ineffective, but there's no good way to get rid of it. You can't just tell people, "Sorry for making you pay a large percentage of your income all your life, but we can't afford to pay it back to you now." The only reasonable way to get rid of it would be to phase it out, but that makes the debt problem even worse, since it eliminates a major source of income.
    Part of the issue is that it IS a "major source of income".

    None of the funds paid into SS should have ever been used for anything else.
    But even that probably wouldn't have prevented the situation it's in now.

    There are just not enough younger people working to support the amount of retired persons - retired persons who are living longer after retirement than ever before.
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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by The Mark View Post
    Part of the issue is that it IS a "major source of income".

    None of the funds paid into SS should have ever been used for anything else.
    But even that probably wouldn't have prevented the situation it's in now.

    There are just not enough younger people working to support the amount of retired persons - retired persons who are living longer after retirement than ever before.
    Exactly. The idea behind social security was good, but it was poorly implemented. If you want to make a social safety net or something similar, just make one and pay for it honestly through taxes. The whole idea of "We're taking your money now, but we'll give it back later" is just asking for trouble, especially when you start spending that money on other things. I mean, I'm a socialist, and I still think it would be better for people to handle their own retirement to a much larger extent. The problem is getting there from here.
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    Re: Do you view Social Security as an entitlement?

    Quote Originally Posted by SypherAL View Post
    Just curious as to how people view Social Security. I myself do NOT view it as an entitlement, considering its MY money I have been putting in the program for years and years. I dont believe Social Security should even be on the table for negotations leverage in debt debates. Curious to see how everyone else thinks.
    That people are putting the entitlements of seniors who've labored their entire lives and paid large percentages of their income in the expectation of monetary support toward the end of life, beneath the interests of corporations whose existence has in no sense contributed to the well being of American society, as a means of resolving debt issues (incurred to support the excesses of those same corporations), is completely absurd and a sign of a culture in serious moral and political decline.
    Last edited by Morality Games; 09-01-11 at 08:15 PM.
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    Re: Do you view Social Security as an entitlement?

    Well, I collect SS. For several years when I was working my salary exceeded the amount that was taxed. I don’t expect to personally collect more than I paid into the program. (We saved for our retirement and invested very smartly or we were lucky or both. So my SS checks are just a part of our portfolio.) However, I expect some members of our extended family have or will collect more than they paid in. Including us, our extended family net, paid and collected, could be very close to the same. I live in an eclectic area and we have neighbors that will need to have a part time low paying job to supplement their low SS checks, just chatted with them yesterday. They worked low paying jobs and didn’t have enough income, discipline and advice to save significantly. If they hadn’t paid FICA taxes they would be in real trouble. All I see is that it is working, not perfectly, but working.

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