86M Full-Time Private-Sector Workers Sustain 148M Benefit Takers

All told, including both the welfare recipients and the non-welfare beneficiaries, there were 151,014,000 who "received benefits from one or more programs" in the fourth quarter of 2011. Subtract the 3,212,000 veterans, who served their country in the most profound way possible, and that leaves 147,802,000 non-veteran benefit takers.

The 147,802,000 non-veteran benefit takers outnumbered the 86,429,000 full-time private sector workers 1.7 to 1.

How much more can the 86,429,000 endure?

http://www.cnsnews.com/commentary/terence-p-jeffrey/86m-full-time-private-sector-workers-sustain-148m-benefit-takers

Wow, this article is worse than government double speak. It took so many twist and turns that would it have been aimed at another subject I'm sure it could have insinuated Al Sharpton wasn't a racist fatherless being.

But suffice it to say, I'm thankful that I'm on the front end of the ponzi scheme and collecting my SS that I paid into. Pity that the money paid has been squandered on others and my benefits are at the expense of current payers that will never see a dime of their money.

Additionally, if that ratio would be 1.7 to 1 inverse, then where do the funds come from? Ah yes, China. And what is their payback? The Bundy ranch, the JP Morgan headquarters building in New York, huge expanses of land in Texas and other states. Just where will it end?

if congress was forced to give back the money stolen from the fica
account their would be plenty to pay the benefits to those that PAID
THEIR PREMIUMS for those benefits

govt tried to hunt down hoffa for misappropriating teamster health
and welfare fund and then do the exact same misappropriation it is
time they are held accountable

yes it is an entitlement because it was paid for --- if you disagree
when you have a claim on your home or auto insurance do not make that
claim because it is also an entitlement program cause you paid for it

They haven't stolen anything. FICA is a volunteer program. You may opt out but anything paid to date is gone, never to be returned. But once you opt out, you are on your own including disability.

FICA is not an entitlement program because if you examine the program closely, nobody is entitled to anything because the government is not obligated to deliver. The government could terminate the program tomorrow and then only those under contract to receive would get their benefits because once retired they do contract to pay benefits, but even that could be terminated, just more difficult.

anyone can violate any agreement

till reagan and every govt since reagan used the fica funds there was more than enough money there to pay everyone and then some

federal insurance contribution act is what fica stands for it is an
insurance from the govt says so right in the name

and yes there are a lot of policies that never get paid on

doesnt make it legal nor less entitled to

your going to work is voluntary on a promise to pay yet that promise
to can be broken

the only thing not voluntary is being born and dieing it is just
if you dont volunteer you have actions from that to deal with

no more

we want to choose how our taxes are spent

No one has stolen any funds. First, it is the Federal Insurance Contributions Act tax. That last word is critical as it explains everything, much like the Affordable Care Act tax. Along same lines, a tax on the unwary that believes such a tax can exist outside of volunteering for it.

Second, there has always, since day one been a trust fund. That trust fund has always been restricted to investments that are government backed, i.e. must loan the money to the government.

Third, in 1969 Social Security and other Federal programs that operate through trust funds were counted officially in the budget. This was done administratively by President Johnson. At the time Congress did not have a budget-making process. In 1974 Congress adopted procedures for setting budget goals through passage of annual budget resolutions. Like the budgets prepared by the President, these resolutions were to reflect a "unified" budget that included trust fund programs such as Social Security in the budget totals.

Fourth, Congress authorized taxation of Social Security benefits in 1983, when Republicans controlled the Senate, and the measure was signed into law by President Ronald Reagan, a Republican. The measure was part of a bipartisan compromise to shore up the finances of the system, which were then on the verge of collapse.

Fifth, to not volunteer does have it's consequences if you care to call being responsible for one's self a consequence. Once you opt out, you lose all credits you have earned to that point and must declare personal responsibility for providing your own retirement, not really a major factor if you take that money and set up some retirement plan. Once done, this can't be undone.

Really, this has got to rate in the all time dumbest statements ever.

But for laughs and giggles, just how would you propose doing that? To just what concept of taxes are you referring?