Even for Congress. They, and others who apparently don’t study the facts, believe that Social Security is a government handout. But ‘entitlement’ means that people who have paid into a program all their lives are entitled to a reasonable return on their investment. A better definition, as pointed out by Mark Karlin at Truthout, is a “mandated retirement savings plan.”
Cutting this popular and well-run and life-sustaining program would be irrational. There are many reasons for this.
1. Americans Have Paid For It Throughout Their Working Lives
As of 2010, according to the Urban Institute, the average two-earner couple making average wages throughout their lifetimes receive less in Social Security benefits than they paid in. Same for single males. Same by now for single females. One-earner couples get back more than they paid in.
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