With 1930s life expectancy, a great number of people were expected to pay Social Security taxes while they worked, but never live long enough to ever collect benefits. The early planners of the system understood that the prior contributions of the now-deceased were one way that a retiree could collect more in benefits than he paid in taxes.
How Women Saved Social Security NYTimes.com
Yet another example of how Social Security is the government equivalent of highway robbery, with people paying into a system that is counting on them dying before getting what they paid for.
Also, using this logic, we’re going to start employing children and pets because the Social Security system isn’t getting any less bankrupt.
Someone please explain to me how this isn’t statism at its worst.
