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In response to:

What Handouts To Cut

Harold51 Wrote: Aug 11, 2010 7:57 PM
The challenge is not the handout received by the beneficiary (70 year old lady), the political challenge is the amount of the handout... I would say, the illustration given by Dr. Williams omits significant financial details... First, how much did our elderly lady put into the Social Security system? And secondly, what was the economic value of the account in the market place when she began her income payments? Secondly, the Medicare premium charge to Social Security beneficiaries is one of most outlandish jokes of all time... So the solution is quite simple... A. Social Security Income is based on your personal contribution, or that of a deceased spouse. As a practical matter they could even be combined. B. Medicare Insurance...
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