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Image of Franklin Harris Franklin Harris 12/24/09

Yes, of course. Obviously people who are compulsive penny-pinchers will want to turn over more of their money to the most spendthrift institution on the planet -- i.e., the U.S. government because their altruistic.

No. Not really. They do it out of fear and selfishness.

The reason the Great Depression generation supported social programs like Social Security and Medicare is because those programs primarily take from the middle class to give to the middle class. There's little real redistribution involved. (There's what people claim to believe in surveys, and then there's the politicians they actually vote for.) SS and Medicare go mostly to the elderly, which, not coincidentally, is the single wealthiest demographic in the U.S., and, also not coincidentally, the most politically powerful (which is why the promised Medicare cuts to help pay for President Obama's health plan will never happen.)
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Image of metaslugx metaslugx 12/24/09

@Franklin Harris: Social Security gives more money to the upper middle class then everyone else. by the time a man making 100k a year retires, he will receive more money from social security then he put in.

The poor people however retire very late, if at all, and get no money from it.
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Will The Recession Scar You For Life? Economists Say Yes.
 
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