Welfare Nation- One third of US wages now come from handouts

[firstdown]

Originally Posted by Mattyk

I'd rather focus on the problems centering around the handouts and welfare that corporations get.

eRiposte Economy - Tax : Corporate Welfare

Corporate Versus Social Welfare

Funny your second link talked about all the bank bail outs but I thought Obama said this money was all paid back. Both links also seem to ignore the Taxes created by the products and services of these corporations. You then have the employees hired by these corporations and the taxes they pay. Corporations also buy good that they pay taxes on and their employees support businesses located around the corp. Corps also have to pay taxes on their inventory and other property owned by the corp. Big difference between the two and the links you provide ignore more facts then they show.

[saden1]

So if you draw a social security check does that mean you are getting handouts? What if you draw a SS check and still work in the private sector? Do they count you twice?

[firstdown]

Originally Posted by saden1

So if you draw a social security check does that mean you are getting handouts? What if you draw a SS check and still work in the private sector? Do they count you twice?

No because its my money they forced me to pay or go to jail. If your still working while drawing SS your still actually paying into the system. Why does the left seem to defend SS but they get so pissed off at what Madoff did to investors?

[saden1]

Originally Posted by firstdown

No because its my money they forced me to pay or go to jail. If your still working while drawing SS your still actually paying into the system. Why does the left seem to defend SS but they get so pissed off at what Madoff did to investors?

Because the status of your SS investment is open and public and real. Plus SS doesn't deceive investors with promises of crazy returns.

It seems you and others like you need to educate yourself in the difference between social insurance programs, collective investment schemes and ponzi schemes.

[firstdown]

Originally Posted by saden1

Because the status of your SS investment is open and public and real. Plus SS doesn't deceive investors with promises of crazy returns.

It seems you and others like you need to educate yourself in the difference between social insurance programs, collective investment schemes and ponzi schemes.

Your right because its going broke because they took our money and used it for other stuff that it was not designed to be used for. You need to actually read what SS was set up for and look at it now and you will see the problems. The only reason SS is open and public is because they don't have laws requiring them to actually invest the money or put it away like every single investor is required to do with you money. Why do you see nothing wrong with that and you do realize thats the reason SS is broke.