Larry, you might want to check out what the Tampa Bay Times' "Politifact" site has to say about it:
"According to the institute�s data, a two-earner couple receiving an average wage � $44,600 per spouse in 2012 dollars � and turning 65 in 2010 would have paid $722,000 into Social Security and Medicare and can be expected to take out $966,000 in benefits. So, this couple will be paid about one-third more in benefits than they paid in taxes.
"If a similar couple had retired in 1980, they would have gotten back almost three times what they put in. And if they had retired in 1960, they would have gotten back more than eight times what they paid in. The bigger discrepancies common decades ago can be traced in part to the fact that some of these individuals� working lives came before Social Security taxes were collected beginning in 1937."
You're right, it wasn't "always" this way. It used to be an even better deal. You'll get more out of SS/Medicare for your contributsions than I will. (I'm 57.) And I'll get a better deal than my sons will.
I suggest you read the entire article at the link below.
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Today's Featured Article - Harvestin Corn in Southern Wisconsin: The Early Years - by Pat Browning. In this area of Wisconsin, most crops are raised to support livestock production or dairy herds in various forms. Corn products were harvested for grain, and for ensilage (we always just called it 'silage'). Silo Filling Time On dairy farms back in the 30's and into the first half of the 40's, making of corn silage was done with horses pulling a corn binder producing tied bundles of fresh, sweet-smelling corn plants, nice green leaves with ear; the
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