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Nearly Half of U.S. Lives in Household Receiving Government Benefit
Wall Street Journal ^
| 10/05/2011
| Sara Murray
Posted on 10/05/2011 8:21:41 PM PDT by iowamark
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To: LiteKeeper
Same here, I earned both my military retirement and VA disability. Does these figures include us?
41
posted on
10/06/2011 7:17:13 AM PDT
by
ops33
(Senior Master Sergeant, USAF (Retired))
To: iowamark
I guess I am in that bunch - since I am now receiving SS checks. Of course, I paid FICA taxes for about 48 years or so-from age 18 to age 67.
All those years of work only made me a stronger conservative. I do not think 50% is the true marker for tipping the scales. It’s closer to 55-60%, since you have to have over 55% of the folks literally without any other income before they would all be automatically voting Democratic. Yikes, that’s getting awefully close now, isn’t it?
42
posted on
10/06/2011 9:40:26 AM PDT
by
Gumdrop
To: ops33
In the minds of far too many, the answer is yes.
43
posted on
10/06/2011 12:42:57 PM PDT
by
LiteKeeper
("Who is John Galt?")
To: goseminoles
I was saying that Obama prefers more people to be dependent on government than before. To Obie, until every American relies on government, his job is incomplete.
44
posted on
10/06/2011 8:34:17 PM PDT
by
Sgt_Schultze
(A half-truth is a complete lie)
To: Hunton Peck
LoL, Don't you remember-- the economy is driven by the unemployed and their unemployment checks!! Ask economic expert Nancy Pelosi!! Losing your job is gooood for the economy!! Pelosi: Unemployment Benefits Biggest Stimulus for Economy
45
posted on
10/07/2011 8:13:28 AM PDT
by
Bon of Babble
(The Road to Ruin is Always Kept in Good Repair)
To: oldbill
Excellent post and would that more understood this simple concept which you explained so well and clearly. Too many today depend ONLY on SS OR a pension fund that is vastly underfunded - I should know, my own teacher's retirement fund is set to run out of money by 2017 at the latest. I live in California so there IS no state money to cover the shortfall. But then, I have understood this for years and made sure I was diversified into other things. SO MANY teachers have NOTHING or have foolishly cashed in their 403b's (to buy new cars, to take vacations and other such stupid things). I heard a lecture once on the Internet directed at a black group about how SS hurts them specifically because the average life span of blacks is 65 and, as you stated, SS does NOT become part of your estate as does a 401 or 403 that does and can be passed down to your heirs. Or, as my dear old dad used to say: The government Don't pay interest! SS is a PONZI scheme, there IS no lockbox and those who depend on it solely will be in for a world of hurt. Privatizing even a tiny percentage of it was the correct call, before it was shot down by the idiot media and duplicitous pols trying to scare old people for votes.
46
posted on
10/07/2011 8:55:24 AM PDT
by
Bon of Babble
(The Road to Ruin is Always Kept in Good Repair)
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