If you are in college looking for a job and you find one, great! That is definitely something to celebrate in an economy as poor as the one we have now.
But….make sure you take a close look at that paycheck to see all the deductions made from it. Among them you will see Social Security which you will be paying into for the REST OF YOUR WORKING LIFE!
What will you ultimately get from all that money that will be deducted from your paychecks if you are of college age today? Well, some people think you won’t get anything back as the system will long be bankrupt before you are of retirement age. But more likely will be the scenario that you won’t start getting anything back until you are older than 70 (if you live that long) and you will probably get a reduced amount because our politicians like to spend your SS donations for their government waste.
As the United States goes into more and more debt, who do you think is going to be responsible for paying that debt off? Who is going to be affected the most? YOU ARE!
IT IS TIME YOUNG PEOPLE GET PISSED OFF AND LET THEIR REPRESENTATIVES KNOW IT. Enough is enough of robbing future generations just to pay for the high flying lifestyle everyone wants today.
College students getting their first jobs are going to, for the first time, start to understand a little more about taxes, Social Security, Medicare and other things that might be deducted from their pay each month. If you end up being successful (that is what you are going to college for right?) you will probably pay more that $100,000 into Social Security over your life time. You damn well should get your money back and then some.
Don’t just take it sitting down…..get angry, educate yourself, and let your elected politicians know that you are paying attention to what they do.