Christie and Social Security (bankrupt, taxes, moving)
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Is the pension on entitlement? It operates the same way social security does- both the employee and employer contribute. In fact the employee contributes more to the pension than to social security. Social security also provides other benefits the pension does not.
Is the pension on entitlement? It operates the same way social security does- both the employee and employer contribute. In fact the employee contributes more to the pension than to social security. Social security also provides other benefits the pension does not.
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The Social Security tax rate is 12.4 percent of pay, with 6.2 percent paid by the worker and 6.2 percent paid by the employer.
Well, this is certainly a watershed moment, as you had previously defended everything that our esteemed governor did up until this point.
Congratulations on finally coming to your senses regarding this crass, low-down creep's contempt for anyone other than the 1% that he represents.
Unlike Obamabots like you, some people actually think critically and might just [gasp!] change their minds regarding a politicians as their views are revealed.
Well this guy is not a fan of Fox News or the "Tea Party". But this is what he has to say about SS being called an "Entitlement Program":
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Social Security is an entitlement in not only the literal but also the legal sense of the term. Social Security is Title II of the Social Security Act. Medicare is Title XVIII — and other programs make up other titles of the Social Security law. So that's where the root word "title" comes from.
Once you meet all the qualifications for Social Security benefits (having enough work credits, being the right age, etc.) then you are considered eligible for benefits. But when you actually file a claim for benefits and get approved, you are legally entitled to those benefits.
So that is what makes Social Security an entitlement program. And for that matter, any other government program for which you have to meet certain eligibility criteria and then sign an application and get approved for benefits is also an entitlement program.
Look, I agree. If I pay in to a "system" that I am forced to pay in to and with the promise that it will come back to me in spades? Of course I'd want my piece of the pie. Who wouldn't?
What I found amusing is that folks are more upset that Christie used the word "entitlement" rather than when he said something along the lines of "If you're making $200K per year in your retirement years, do you really need that SS coming in or can you give it up for the good of others?"
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In 1950, for instance, there were 16 workers supporting every retiree. By 2011, there were just over three. By around 2030, it will be down to just two.
How is this program supposed to maintain itself?
I had no idea he erred on the side of giving up what is yours so others can live above poverty level.
Look, I agree. If I pay in to a "system" that I am forced to pay in to and with the promise that it will come back to me in spades? Of course I'd want my piece of the pie. Who wouldn't?
What I found amusing is that folks are more upset that Christie used the word "entitlement" rather than when he said something along the lines of "If you're making $200K per year in your retirement years, do you really need that SS coming in or can you give it up for the good of others?"
Nope, not in America. Very few people give anything up financially for the good of the others. And also, 200K per year is really not that much for a family with more than one kid that owns thier own home.
I think if this change is done, Christie and other Republicans will then be assaulting this program as welfare. So in a way he is advocating the beginning of the end of the program.
And of course, when someone suggested increasing the percentage of the income taxed for SSN, Christie shouted them down, as a faithful Republican should.
We all like the politician that will stick to the other guy (Republicans like when they stick it to the poor and disenfranchised, Democrats like when they stick to the rich), not so much when they stick it us. I know so many public worker Repubs who hate Christie simply because he's going after their stuff, not realizing that IS PART of the Repub platform. Makes me laugh.
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