|When i heard this, I was personally, highly insulted. I am retired, I do not have a large pension or SS retirement benefit coming to me. But, I worked all my life and made a decent wage; not a lot, but my family was comfortable while paying top dollar payroll taxs and Social Security. Now I am being called a freeloader because I am cashing in on what I paid all my life for. What I am receiving is not a handout, I paid for it. Out of my meager fixed income, I still pay federal tax and Medicare withholding, so in a way, I am still paying for it.
I cannot understand the mentality of our society, everyone wants something from government but are unwilling to pay for it. No one seems to understand what they are receiving from this government. National and local Security (Military and Police), Utilities are independently provided, but are provided under government licenses, sanctions and entitlements. Regulatory commissions are required to keep the business community from taking advantage an unknowing populace, unregulated lending is what put this economy in a tailspin.
I am one of those 47% and I will never vote for Mitt.
Admittedly, I've ranted enough, this is a place to critical and offer helpful suggestions, but i unloaded a little.
Thank you for a great piece on the 47% comment and I totally agree.