I don't have that number. That number can only be produced by the government.
Tell me exactly how many people have never paid into it that are receiving benefits?
I can tell you my personal experience.
When I went down to our local SS office to apply, the waiting room was filled with young single mothers with kids and Hispanics. There was only a few of us old folks there.
I do have to say that they took care of me quite easily once they had my info at the least inconvenience to me.
But, what were all those other folks doing there? It does not take to much intelligence to figure out that the lions share of the people in that waiting room had not paid into that system. So, what were they doing there?
One way is by speculators. Please tell me why my electric company is on the stock exchange in the first place?
Bullsh#t. Fuel prices at the pump are set by supply & demand. A perfect example of that is what happened after the gulf of mex oil spill. That affected our supply. The supply went down and we still had the same demand. Thus: The price went up. Oil production has not returned since the gulf of mex oil spill. So, the price stays up.
Speculators affect the price of oil somewhat. But, no where near the same as supply & demand.
And you're STILL avoiding the whole More bank Regs vs Less bank regs.
Look, standard bank regs since the depression had been in place for home loans since the great depression. That all changed when Clinton signed into legislation changing that thinking we could have more home owners in the USA if we loosened home loan requirements. Greedy mortgage investors got into the picture and sent lobbyists to DC to get bank regs loosened even more. Over a period of time, it got worse and worse as campaign contributions got bigger and bigger. Companies like Country Wide Financial (they were the worst of all of them) were signing on anyone who breathed air and walked on 2 legs home loan applications by the hundreds with zero down payment and balloon payments down the road secretly hidden in home loan contracts. They even falsified home loan application for quick approval. Then sold those large mortgage packages to Fannie & Freddy, all with a AAA rating form S&P. It got worse and worse as large mortgage contracts were sold to Fannie & Freddy with AAA ratings form S&P. All government backed. No one individual was at risk because of the government backing and the AAA ratings from S&P that big mortgage companies were paying S&P for.
Of course, we got to the end of 2008 and the banking system could no longer support all those risky home loans, foreclosure were pacing along at record levels. The big mortgage companies like A&G no longer had funds to back up those risky loans for the banks.
You know the rest of the story. The point being is that Wall Street had nothing to do with it other than investors investing in "AAA" rated companies.
The part that is bad news about is that the leaders in Washington DC that had direct responsibility for the continued loosening of home loan regs for the banks are walking free, still in office, and have done absolutely nothing at all to prevent the same thing from happening. They have passed legislation, sure. But, that new legislation does not one thing to prevent the same thing form happening in the future.
The political clowns the were so campaign dollar greedy and totally incompetent even though Bush admin officials went to Congress and gave repeated warnings that we could not support the system as it was being run. That was done repeatedly and there are plenty of YouTube videos to prove that. Look those up yourself as I am tired of doing it.
Once again, I highly recommend you all read "Reckless Endangerment" by Gretchen Morgenson. If you read that book, you will remember dates and names, and it will all come clear to you.