SOCIAL SECURITY EXPLAINED:
Jane: Why do we have Social Security?
Mary: Because 80 years ago people didn’t save money so our president decided to mandate savings.
Jane: You mean I ‘have’ to pay into this ‘savings account’?
Mary: Yes! Of course, Silly. You pay and your employer pays too.
Jane: Why? Can’t I just put money into my own savings?
Mary: Yes and no. You can save as much as you want, but the government wants to make sure you do in case you don’t… it’s a law.
Jane: So why don’t I just invest in the stock market? Why can’t I save that way?
Mary: Because 80 years ago the stock market crashed and everyone lost all their money. Many people starved and many more died.
Jane: So Social Security will keep me from starving?
Mary: No. Because what they pay you is based on the cost of living 80 years ago and so you will still starve.
Jane: But doesn’t the government invest my savings?
Mary: Yes, but they don’t tell you how or ask your permission, they put the money wherever they want.
Jane: But it is my money, right?
Mary: Kinda yes, kinda no.
Jane: What does that mean? Can’t I get it back?
Mary: Sortof. You get some of it back each year after you get old.
Jane: But what if I die before I get old? Does all the money I put into savings go into my estate?
Mary: Silly you! No way! The government confiscates the money.
Jane: But it was my money!
Mary: It was before you gave it away. It is kindof like charity. You give it to them and they use it however they want and you can only hope it is going to benefit the purpose for which you gave it to them…
Jane: But the purpose of Social Security was to benefit me! And I didn’t give it to them willingly!
Mary: Well now, yes you did.
Jane: WHAT?? That makes no sense!
Mary: Of course it does. The government takes your money, puts it into a witch’s brew of entitlement programs to support a bunch of illegals who are escaping poverty so that you can live in poverty when you refuse to work any longer. That way, everyone is equal in poverty.
Jane: But isn’t that exactly what FDR said he was creating this mandated savings for? To make sure no one ever lived in poverty again?
Mary: Boo –
Jane: Mary! So is poverty reduced now? I mean compared to 1930?
Mary: HAHAHAHA! We only started measuring poverty rates in 1959, not 1930, not 1920. And the numbers are all estimates. You know, like the numbers used by the CDC and WHO. Everything is an algorithm. And the algorithm is only so good as what concoctions the Masters choose to insert in the formula. They make it all up and we are told to believe it.
Jane: But I thought that was what China did – not the US?
Mary: Oh Jane… Haven’t you figured it out yet? We are China.