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Social Security is literally a government Ponzi scheme that EVERYONE has to participate in.

Social Security completely unconstitutional and here is why:

Congress has power “To lay and collect Taxes . . . to . . . provide for . . . the general Welfare of the United States.” does not mean “To lay and collect Taxes all for the benefit of few”

If we break down the phrase:

“…of the United States”

Every American does not benefit from the SSA. Only the elderly over 65 and disabled get benefit from it. That does not equal “The United States”

“The general welfare…”

Exactly what general welfare?

As stated directly from the SSA.gov website:

“The combined trust fund reserves are still growing and will continue to do so through 2019. Beginning with 2020, the cost of the program is projected to exceed income. The projected point at which the combined trust fund reserves will become depleted, if Congress does not act before then, comes in 2034 — the same as projected last year. At that time, there will be sufficient income coming in to pay 79 percent of scheduled benefits.”

The general welfare of the growing cost that burdens the working to pay for the elderly?

The general welfare of the middle aged American that has a terminal disease that has paid FICA taxes all of their life and will be forced to continue to pay until they die to keep health insurance?

What about the Americans that do get to retire?

The average life expectancy of:

A white male on average lives just under 79 years.

A black male lives just over 75 years on average.

https://www.cdc.gov/nchs/products/databriefs/db244.html

Let’s say someone makes on average $50,000/year

$50,000 x 7.65% + (7.65% paid by your employer (pay cut for you) = $7,650/year

$7,650/year x 40 years = $306,000

At age 67 they would receive $1,850

If they were white and died at the ALE of 79 they would have gotten paid a total of $266,000

If they were black and died at the ALE of 75 they would have gotten paid a total of $177,600

What is Social Security? Is it insurance, a retirement savings account, Entitlement program? It isn’t actually any of those.

Insurance:

No. In every other industry Insurance is legally bound to payout the defined amount. For example, if it was a $500k life insurance policy, the company would legally have the pay the next of kin.

Retirement savings account?

No. If it were a savings account, the individual would be have the freedom to invest the money as they see fit and retain the investment gains. The money would grow over time and the individual would have the entire amount available. Whatever was left over would go to who they designated.

With Social Security, not so much. Congress can change the rules at any time. Americans are entitled to nothing regarding the SSA. Referring back the examples above, would the remaining money go to their kids/family/charity as inheritance? Nope. The remainder would default back to the US treasury.

So do tell how Social Security is for the general welfare of the United States.

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