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SS As Your Savings Account [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
BeFree Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-10-10 11:58 AM
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SS As Your Savings Account
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Edited on Wed Nov-10-10 12:23 PM by BeFree
Think of SS as your bank account and that your partner in that account is the US Government.

Each month you deposit money into that account.

Unbeknowest to you, your partner, the US, has been borrowing against that money in the account.

Now when you go down to make a withdrawal, the sweet little teller tells you there is no cash available.

Sure, once a month, after you meet all the guidelines, and you live that long, you get a bit of that money, but for the most part your partner has already spent the money.

In order for your partner to put that money back in the account, your partner is gonna tax you more, or go borrow more, or something. Or get you to forget about it.

At this point, it is up to you what your partner will do.

Added on edit:

And let us be clear: that money your partner spent was not spent on benefits to you. It was spent to cover up deficit spending elsewhere in your partner's business.

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