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Labor Dept. Data: Only 1.75 Full-Time Private Sector Workers Per Social Security Recipient
CNS News ^ | 9/12/11 | Terence P. Jeffrey

Posted on 09/12/2011 4:11:50 PM PDT by Nachum

(CNSNews.com) - There were only 1.75 full-time private-sector workers in the United States last year for each person receiving benefits from Social Security, according to data from the Bureau of Labor Statistics and the Social Security board of trustees.

That means that for each husband and wife who worked full-time in the private sector last year there was a Social Security recipient somewhere in the country taking benefits from the federal government.

Most state and local workers are part of the Social Security system and pay Social Security taxes; and, since 1984, all federal workers have been part of the system and pay Social Security taxes. However, unlike private sector workers who pay Social Security taxes with private-sector dollars, government workers pay their payroll taxes out of wages government pays them with tax dollars or with money that was borrowed by government and taxpayers must eventually repay.

(Excerpt) Read more at cnsnews.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: data; dept; labor
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To: triumphant values

Let me tell you, if SS is eliminated- there will be hell to pay.
The boomers are the highest demographic- we will either leave or vote en mass in our own interest. Who can blame us, as we are the victims of a ponzi scheme?.
Maybe Shaniqua should starve , because she does not deserve the money.If the Shaniquas starve, so the people who paid into the system get the money they deserve, too bad, so sad.
It will get mean real fast.


41 posted on 09/12/2011 9:09:19 PM PDT by kaila
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To: triumphant values

Being as I paid ( if you include SS) a 40% plus tax rate, then yes, I do deserve it more than the person who has paid little into the system.
However, I will leave the country and take it with me, especially if my government reneges on a promise.
I will not be the only one.


42 posted on 09/12/2011 9:12:14 PM PDT by kaila
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To: kaila
Let me tell you, if SS is eliminated- there will be hell to pay. The boomers are the highest demographic- we will either leave or vote en mass in our own interest.

You're not really grasping the math here kaila. All the Shaniquas' checks, all the aircraft carriers, all the EPA staff salaries, are nothing but a tiny rounding error compared to the 100 trillion in unfunded liabilities of Social Security and Medicare.

You could eliminate the entire federal government and turn it into nothing but a Social Security check mailing facility and Medicare clearinghouse, and we're still broke in 10 years. Period. Full Stop.

10,000 Baby Boomers every day, day in, day out, become eligible for SS and Medicare starting last year.

Who can blame us, as we are the victims of a ponzi scheme?.

In actuality it really wasn't a Ponzi scheme because it was never a separate fund of the Treasury. But for the sake of argument let's say it was. When you're a victim of a Ponzi scheme you don't get to demand your neighbors make up your losses.

43 posted on 09/12/2011 9:23:33 PM PDT by triumphant values
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To: kaila
Being as I paid ( if you include SS) a 40% plus tax rate, then yes, I do deserve it more than the person who has paid little into the system.

Do you deserve it more than he deserves his food stamps if he paid the same tax rates as you? Try answering what I ask for once without adding ten qualifiers to rationalize this to yourself.

44 posted on 09/12/2011 9:26:35 PM PDT by triumphant values
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To: triumphant values

I get the math.Medicare should be means tested. I have no issue with that.However, you have people who, on this very forum, want to spend billions of health care dollars to keep everyone alive, even though they are brain dead. How is that going to work?
The EPA, Dept of Education can all suck wind.There is a huge amount of waste in this government.
I can demand that Shaniqua no longer receives welfare, so that citizens who paid into the system get their retirement.
I can demand that we leave third world muslim hellholes, and keep the money in the US.
If the government does something that makes their citizens lose trust in them, that government will not exist for long.
I know people who are stashing gold into foreign countries, because of that fear.
I think that there will be a huge, massive upheaval if SS is eliminated, so much so that the politicians will cut just about everything else to save it.
That is what happens who you have demographics on your side.


45 posted on 09/12/2011 9:37:39 PM PDT by kaila
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To: triumphant values

You didn’t do it (in fact did just the opposite). You couldn’t do it and it can’t be done, because of the simple fact there is no difference.
= = = = = = = = = = = = = = = = = = = = = = = =
Nice try.
You definitely do sound like a politician.
You probably think Shaniqua rates the EBT card because her contribution to society is, has been and will continue to be, to produce more mouths to feed.
You are probably against a Military Retirement check at 37 ‘because’ the troop has held a steady job for 20 years at or about the same rate of pay that you have been getting.
At least that is what the ‘studies’ seem to prove.
The only fallacy with the ‘studies’ is you work an 8 hour day and that troop is subject to 18-24 hr days more often than not.
Now I may (or may not) be an anomaly, but I am 72 and have yet to collect one day of unemployment, have never been on welfare, never used or drew food stamps, don’t owe for a college loan, been given a job or advancement because of my race, I just spent my life contributing to society in general, either by being in the Military, creating jobs and paying taxes and FICA.
For you to say that my collecting Social Security (after contributing for over 50 years) is parallel to Shaniqua getting issued food stamps, while your example may be true as far as words go, the comparison is ludicrous.

Like I said, Bill Clinton.
Depends on what ‘is’ means.
“It depends on how you define alone”.


46 posted on 09/12/2011 9:37:39 PM PDT by xrmusn ((6/98) If govt involved, the more outlandish a scheme appears, the truer it probably is.)
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To: triumphant values

“Do you deserve it more than he deserves his food stamps if he paid the same tax rates as you?”

My simple answer to your question-
I paid more, I get more.


47 posted on 09/12/2011 9:40:13 PM PDT by kaila
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To: kaila
My simple answer to your question- I paid more, I get more.

Well that didn't answer the question and you know it. It's just your way of rationalizing drawing a welfare check. But I get it, you want a pay more taxes get more welfare system. Seems stupid just to have a government to collect taxes to divy it out in checks, but hey, whatever trips your trigger.

48 posted on 09/12/2011 9:53:01 PM PDT by triumphant values
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To: triumphant values

My husband and I paid paid into the 6 figures last year in federal income taxes.
What did you pay? I am not a welfare dirtball, and have never received anything from this government.
The government is sure good in taking it away from me.
And no, I do not want to pay more taxes , to get a SS check.
However, since the government (by force) took my money away from me for 30 years, I will expect a check back.
I can do it two ways:
1. Leave the country- and stop paying taxes. This is what I will probably do if I get ponzied.
2. Riot in the streets. This is what everyone else will do.
It will not be pretty.
Good night.


49 posted on 09/12/2011 10:01:07 PM PDT by kaila
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To: xrmusn
You definitely do sound like a politician.

Yeah, because there have been so many politicians who have called old people out on their welfare checks. Sure. Whatever.

paying taxes and FICA.

No, not "paying taxes and FICA." It's paying FICA taxes. You're the one who needs semantics to rationalize their check. It's not me playing word games by parroting politicians.

For you to say that my collecting Social Security (after contributing for over 50 years) is parallel to Shaniqua getting issued food stamps, while your example may be true as far as words go...

It has nothing to do with words. It's reality. There is no fund that you contributed to.

You know it's really been eye-opening to me to get on these SS threads on FR, and see the lengths to which some people will go to rationalize their getting a government welfare check.

And it's mind-boggling to listen to supposed conservatives not actually talk about the law as it was passed but instead use what were lines in Democrat campaign literature in 1934 and 1936. That's where this whole "insurance", "pension" and "account" language entered into the public square.

I mean can you believe it? You as a self-identifying conservative are not arguing the actuality of it, but just repeating what are 75 year old Democrat campaign slogans. It truly fits in the ironic category.

50 posted on 09/12/2011 10:10:06 PM PDT by triumphant values
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To: triumphant values

You definitely do sound like a politician.
= = = = = = = = = = = = = = = = = = = = = = = = = = = = =
Well, we can sit here and banty back and forth and really get nowhere.

You may be ‘correct’ in your wording etc, but to sit there and say a ‘plan’ I paid into is not only bogus, but you are calling welfare and to liken it to someone drawing food stamps, while in the ‘true sense’ of the word in itself may be right, the comparison is wrong.

It can’t be an entitlement, because the Government doesn’t tax entitlements, it taxes EARNED income.

I am reminded of the old saying “Never argue with a fool; onlookers may not be able to tell the difference”.


51 posted on 09/12/2011 11:18:26 PM PDT by xrmusn ((6/98) If govt involved, the more outlandish a scheme appears, the truer it probably is.)
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