Govt payouts are 1/3 of US wages

[aegsm76]

Government payouts—including Social Security, Medicare and unemployment insurance—make up more than a third of total wages and salaries of the U.S. population, a record figure that will only increase if action isn’t taken before the majority of Baby Boomers enter retirement.

http://www.cnbc.com/id/41969508

[Austin]

Originally Posted by aegsm76

Government payouts—including Social Security, Medicare and unemployment insurance—make up more than a third of total wages and salaries of the U.S. population, a record figure that will only increase if action isn’t taken before the majority of Baby Boomers enter retirement.

http://www.cnbc.com/id/41969508

What's wrong with social security if one has paid into it all their life???

[onefaith2]

Originally Posted by Austin

What's wrong with social security if one has paid into it all their life???

When your outgo exceeds your income then your upkeep will be your downfall

[aegsm76]

Originally Posted by Austin

What's wrong with social security if one has paid into it all their life???

Austin - not saying anything wrong with SS. Just an interesting article.
I did not realize that the numbers were anywhere close to that.
Some European countries are approaching 44 percent.

[Austin]

Originally Posted by onefaith2

When your outgo exceeds your income then your upkeep will be your downfall

You lost me on that quote!

[Austin]

Originally Posted by aegsm76

Austin - not saying anything wrong with SS. Just an interesting article.
I did not realize that the numbers were anywhere close to that.
Some European countries are approaching 44 percent.

I have worked all my life and paid into it,now it looks like they are trying to steal it. The biggest problem, there are millions on SSI as handicapped but in reality they are not just plain lazy looking for a hand out.. If the government of Rome continues to raise the age then I'll be able to walk out of my job walk down to the funeral home and just fall in the front door.

[Ferd]

Originally Posted by Austin

I have worked all my life and paid into it,now it looks like they are trying to steal it. The biggest problem, there are millions on SSI as handicapped but in reality they are not just plain lazy looking for a hand out.. If the government of Rome continues to raise the age then I'll be able to walk out of my job walk down to the funeral home and just fall in the front door.

DUDE,

They "stoled" it from you a LONG time ago!

YOU just didnt believe the guys who were telling you that when it was happening.

Its GONE. KAPUT. AIDIOS!

There is nothing left but an IOU written on tiolet paper by bumb who spent your SS money on drugs for the political masses.

[Austin]

Originally Posted by Ferd

DUDE,

They "stoled" it from you a LONG time ago!

YOU just didnt believe the guys who were telling you that when it was happening.

Its GONE. KAPUT. AIDIOS!

There is nothing left but an IOU written on tiolet paper by bumb who spent your SS money on drugs for the political masses.

That's alright I'll just go to my Father for a loan if I need it. You may have heard about Him. He owns the cattle on a thousand hills.

[Ferd]

Originally Posted by Austin

That's alright I'll just go to my Father for a loan if I need it. You may have heard about Him. He owns the cattle on a thousand hills.

Some trust in chariots, and some in horses: but we will remember the name of the LORD our God.

[Austin]

Originally Posted by Ferd

Some trust in chariots, and some in horses: but we will remember the name of the LORD our God.

Amen, Amen, and Amen, in Jesus name.