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Reply #27: You have discovered that for those that make more than the average, SS
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papau
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Wed Jan-12-05 01:53 PM
Response to Reply #25 |
27. You have discovered that for those that make more than the average, SS |
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is a redistribution system.
sort of
But the insurance side - survivor, and disability - don't exist in a private account world
so maybe not an overpayment that is quite as large as you calculated.
In any case the top end is not getting the same ratio of payment to payout that the bottom end is getting.
And screwing the bottom end will indeed take them from social security dollars to welfare begging dollars, while giving thetop end a few extra points in their "rate of return"
but I'm a Dem - so I worry more about the low paid than I do about the high paid (LOL - I am a high paid Dem - indded I suspect this hurts me more than it hurts you - as my folks would say before T got spanked!)
:toast:
:-)
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