Social Security is not an entitlement program. It is an insurance program. Americans have been paying its premiums all along. Social Security is money being held in a fiduciary account. It is money owed to American citizens.
Why is this important?
Social Security is not an 'entitlement' program. It is an insurance program, and citizens have been paying its premiums all along. Social Security is money owed to all Americans who are elderly, disabled, orphaned, widowed with small children. Social Security is money from Americans which is being held in a fiduciary account for the time when citizens are not able to earn money due to old age or unfortunate circumstances. Social Security is an insurance program that helps protect us from severe hardship, hunger, undue suffering.