Populist Reform of the Democratic Party
In reply to the discussion: Elizabeth Warren's response to Third Way Criticisms: 'Oh Please' [View all]sabrina 1
(62,325 posts)Insurance fund.
When people pay into an Insurance fund, they EARNED any benefits they receive at a later date.
Everyone who pays into it, earns the benefits.
Should the rich not be compensated by their auto Insurance if they are in an accident because they could afford to pay for it themselves? No, they SHOULD receive the benefits of the policy they paid into just like everyone else. That is what insurance policies are for. No one would SUGGEST that the Rich not be compensated if a means test were to show they are very wealthy.
Same thing with SS. Whoever pays into it, earns the benefits, rich or poor. Otherwise you would be forcing people to pay for others who are not as wealthy. That would mean it is no longer an Insurance program.
Why would anyone say that if someone pays into an Insurance Policy they don't deserve to get the benefits? They don't actually, except when it comes to SS. Why? Because the Right wants people to think that SS is a Welfare Program. I they think that, they will be against it, the Right believes.
Edit history
Recommendations
0 members have recommended this reply (displayed in chronological order):