Social Security benefits are not guaranteed.<quoted text> Bullshit! Those entitlement programs are in jeopardy because the rich raped the current tax system & found ways to escape from paying into the programs. The rich don't pay into medicare,medicaid, & SS. Thats where the problem lies. This country is in debt because the rich continue to take alot & give very littler back in terms of taxes. You don't need a palm reader to see that!
They are not guaranteed legally because workers have no contractual or property rights to any benefits whatsoever. In two landmark cases, Flemming v. Nestor and Helvering v. Davis, the U.S. Supreme Court ruled that Social Security taxes are not contributions or savings, but simply taxes, and that Social Security benefits are simply a government spending program, no different than, say, farm price supports. Congress and the president may change, reduce, or even eliminate benefits at any time.
Social Security’s Sham Guarantee