Letter writer Jim Perry (July 11, 2011) repeats a false and widely believed misconception. He claims he has earned and paid for his future Social Security benefits. On average, a citizen will receive far more in benefits than his contributions and earned interest warrant. That is why Social Security is going broke. Now is the time to bring average benefits in line with average contributions. There can still be room for greater benefits for the poor balanced by lesser ones for the wealthy.
In the interest of correcting this poisonous myth, I hope the Post would print the financial facts whenever claims of entitlement come up. The entitlements may be legally correct but are not financially sound.
8912 Charred Oak Dr.
Bethesda, MD 20817