FICA and home prices (Public Board)

by JoFrance, Monday, July 13, 2026, 20:05 (1 hours, 58 minutes ago) @ Cornpop Sutton

Our contributions during our working years went toward the previous generation's Medicare and Social Security. Today's workers are funding our benefits, like you said. There are other revenue streams that contribute to those programs too, but they are not 100% funded by general taxpayer dollars like SNAP and other welfare programs. You and I worked our entire lives and paid into the system. SS and Medicare were promised to us by the government and we shared in the cost. That was the deal and now they get to fulfill their part of the bargain.

Other Welfare programs outside of that are a different story. They are freebies to people that never paid into the system.

I'm truly thankful for SS and Medicare. I don't think I could afford to live without it because I'm older and past my working years. If I never had to pay into SS and Medicare and could have saved that money and invested it myself, it wouldn't have been enough because I'm far from a savvy investor.

The home prices are elevated because there isn't enough inventory and its been that way for years. Its because of illegal immigration. They buy houses and have to live somewhere. Trump is working on it but its not an easy problem to fix.


Complete thread:

 RSS Feed of thread