ARMEY: Let me say that flab is a good word in government. It is wasteful, counter-productive flab that not only does not good for America, but actually diminishes America’s ability to function. [...]
HOST: If you had your druthers, where would you cut?
ARMEY: Where would I cut? First thing I’d do…let Social Security be a choice. … I will give you a guarantee you will get your social security as you know it today, with no change other than a proper cost of living index if you choose to stay if you let those of us who want to leave it. And if it’s such a great deal, why can’t it be voluntary? Why must the government force people to accept their benefits whether they need them or not or whether they want them or not.
Let Medicare be voluntary. I mean, why is that so hard?
WHY DO YOU CALL SOCIAL SECURITY AN "ENTITLEMENT" IT IS NOT.
I have paid in , and as an company owner I also pay in for my employees. This goes into a TRUST FUND that has been robbed by both parties.
Ive done the math and have found that, if I retire at 65 (not 66), I will have paid into the system for about 43 yewrs(I was a research fellow at the ront end and got a "apycheck that was all deducted up even though I made like 12K a year)
ANyway, my math showed me at a 3% per annum interest, Id have enough paid in for a max benefit with a COLA of 2% and this would last me till I was 91.
If I got an annuity from a private insurance fund, that isnt called an entitlement.
Will the politicians even mention that they owe us a myriad of paybacks on IOU;s rom which theyve absconded with cash from the fund when it seemed like an endless reservoir. The use of "Entitlemet" makes it sound like Social Swcurity recipients are freeloading bums and they are NOT.
The word "Entitlement" comes fdrom the same GOP phrase generator as
"AMericas economic fundamentals are sound"