They barely get by if they never built a 401k and do not own their house
Yes SS is a dependence. A dependence that allows you to live out your life with security
As I already pointed out, there are very good alternatives to the failures of social security. We should be allowed to opt out of social security if we like and put our money in a place where it will actually work for us rather than give it to the government who misses the money then pays about 2% on our investment...
When you opt out, who pays for the 40 million currently receiving benefits?
Like most liberals, you don't seem to be able to see the glaring flaw in your own argument...and I am sure that, like most liberals, when it is pointed out to you, you won't accept it as a glaring flaw and will simply shuffle the insight to the side and learn nothing...and come back with the same stupid argument.
Over the course of this discussion, you have repeatedly touted your 401k and how it gives you a solid retirement. How much better would your retirement be, had all that money you were forced to pay into social security been put into something like your 401k from the day you started your first paying job?
If you are like most, look at your 401k...now double or triple it depending on what age you actively started to prepare for retirement. What would your life be like if you had 2 or 3 times, or more in reserve than what you have now plus the chump change that your social security amounts to.
That is the point...social security is a failure. You pay into it all your life and get next to nothing back on your return. Like I said...I have no problem with government mandating that we save for our retirement...and mandate that the money be taken from our wages and put into a retirement savings vehicle. The problem I have is that the money goes to the government, where it is mishandled, misused, and they decide what sort of return I am going to get on all that money that I was forced to pay in.
Now I suppose you will drag out the usual liberal arrogance in supposing that you had the foresight and ability to actually direct your 401k money into something that would provide you a good return, but the rest of those poor schlubs aren't as smart, or gifted as you and they would not have been as successful as you, so it is best that they gave their money to the government over the course of their lifetimes and should be glad that they get to struggle by through their retirement years on the money that a 2% return on their investment provides them.
Social security is a failure..
And the fact that you have to ask, if I opt out who pays the 40 million who are currently receiving benefits only highlights the glaring flaw in your argument. Those 40 million currently receiving benefits have been paying into the system their entire lives. Where is their money? Why does what I pay in, or what anyone else pays in have anything to do with whether they get paid or not? The government has been taking their money weekly, biweekly, or monthly for their entire working lives. Where is their money? Why do they not get paid if I opt out of the system?
Do you ever actually use your brain for anything more than just formulating your next terribly flawed argument?