How much do you really know about entitlement programs?

Posted by Rocky_Road 10 years, 10 months ago to Government
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I am a news junky, and thought I would 'ace' this.

I only got 6 answers right....


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  • Posted by 10 years, 10 months ago in reply to this comment.
    Medicare and SS are the very definition of "entitlement programs". If a program guarantees you something and is not directly dependent on how much you put in, its an entitlement. While SS does set payments based on your contributions to an extent, it also guarantees payments that are independent on the overall amount you paid in.

    Given that the average lifetime at the onset of SS was 63, few ever lived long enough to receive back their entire investment. Today the opposite is true: many live long past their contribution, and keep on collecting. Hence, you have an entitlement.

    Same with Medicare. You can take out much more than you put in.
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  • Posted by 10 years, 10 months ago in reply to this comment.
    This quiz has challenged me to just how much I know about one of the biggest things I rant against.

    I need to dig deeper into this...I pride myself for arguing with 'facts', but on this subject I am mostly arguing from my gut feeling.
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  • Posted by $ rockymountainpirate 10 years, 10 months ago
    I got 8. I think my idea of entitlements is different than theirs. If the money is taken from you and your employer by force, it is not an entitlement to get it back.
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