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by leetcrew
1459 days ago
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yes and no. that is how it's actually implemented, but from the outside it does look similar to a defined contribution plan. you pay into it during your working years and then receive a monthly payment in retirement. the payment amount is related (albeit not directly proportional) to the amount you paid in. in any case, I feel pretty confident saying that most people see social security as a deal where they pay in now to receive benefits later during retirement. they may or may not think very hard about the fact that they might be far better off if they had the option to put the money in a 401k/IRA instead, but they surely would not be happy to pay now without the expectation of getting something later. that's all just to say that it's not a "haha gotem" moment when you find someone close to retirement who "opposes socialism" but doesn't want to see social security go away (for them). |
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It wasn't an attempt at a "haha gotem," sorry if it came out that way. It was more of an example of the irony of being for and against the same concept by having different understanding of the meaning than someone else.
SSI was probably a bad example, anything useful will fit. "Socialism bad," but "please fix the potholes in my road, pick up my trash, put bad guys in jail, put out that forest fire, keep the shipping lanes clear, etc. etc." All those a person could like and they are socialistic, but ask that same person what their opinion on socialism, he thinks Castro nationalizing US industry in Cuba, not all the service he finds infinitely useful day to day.
I guess that's the complicated way of saying we should talk about political ideas in a much more narrow sense, like "lets lower the medicare age to 55; we're already paying for the most expensive demographic," rather than "Socialism good."