Rick Perry Was Right!

The man may be a borderline moron, and arguably an uncompassionate total right-wing asshole, but even a broken clock is right twice a day. You gotta give the guy credit for saying that social security is a ponzi scheme. Of course it is, it’s obvious.

rickperryNow, it may not have started that way. Back in the 1930′s people died a lot younger. According to one online statistic (http://www.infoplease.com/ipa/A0005148.html), the average life expectancy at birth, all races both sexes, was 59.7. In 2007 it was 77.9. For myself, having been born the same year as Bill Clinton, George W, Sylvester Stallone and Cher, starting to collect SS benefits at age 66 means I will be on the dole for 12 years, while the average joe starting at 65 in the 30′s would have collecting for -5 years (THAT’S MINUS FIVE, DUH!).

If you get my drift. What started out as a system where working people supported the elderly, has turned into a system where there are not enough working people to support growing numbers of the elderly. So whether or not there was malice aforethought in the design of the Social Security system, the end result is much the same as with Bernard Madoff or Enron. Lots of people getting screwed. People expecting retirement benefits that aren’t there.

In fact I was appalled to discover (naive me…) that getting Medicare benefits is not really a benefit at all. Free medicare only covers hospitalization, and a very limited coverage at that. To get money paid towards your doctor visit, you have to pay the government — YOU HAVE TO PAY MEDICARE — $125 per month, again for very limited benefits. Hmm, another great myth exploded.

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