Originally Posted by
Joe Bauers
SS is a safety net. Do you guys think that you should be entitled to food stamps?
Means testing is going to happen. The angry masses are more important to the politicians than the few wealthy people.
Close, but not quite. A safety net is included as part of the social security system. No one is arguing against the safety net, we all had that net under us while working. It's the amount paid over and above the cost of the net that we want returned in retirement.
We already have means testing. If you are collecting SS AND have earned income above a threshold, your SS benefits are reduced.
*I was never promised food stamps in exchange for 12.4% of my wages.