SS and medicare together are about 50% of spending. SS is more than defense alone.
For 2007:
SS: 581.4
Medicare: 436
Medicaid: 196
Income security (ERISA): 202
other retirement: 158.7
Defense: 547.9
(all in billions)
I have no care about people getting out more than they paid in. None of it was invested, the expectation of ANY return is asking for something for nothing. It's a Ponzi Scheme.
I don't want the cap raised to pay for your retirement, because I don't want to put more in when I'll get nothing meaningful back. For SS, we'll get back less than what we'll pay already. Not some small interest, less. And what we'll get for a year is trivial.
Anyone getting more than what they paid in is NOT getting something they earned, they are taking from someone else as long as the pay outs exceed revenues with no investment (and so far there has not been SS investment).
What you are asking for is a handout, plain and simple.
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