and more here
A single man or woman who turned 65 in 2010 and earned the 2011 average U.S. wage of $43,500 will pay $58,000 in Medicare taxes and $294,000 in Social Security taxes, making for a total of $352,000, according to a 2011 report by the Urban Institute.
But the average Social Security and Medicare benefits that single man will receive will come to about $432,000. And the single woman will get benefits worth about $475,000 out of the system.
Math: it can be such a bitch. But it usually tells the truth, as long as it hasn't been overly manipulated.
We can't keep taking more out of the pot than is put in. SS & Medicare are wonderful things, and need to be kept in place. But 'kept in place' does not mean 'kept exactly as is for ever with no changes to the payout system'. At some point, the money will run out.
So, we need to cut through the political BS and start talking about cut backs. About not automatically paying for everything for every senior. And accepting the fact that people get old and parts of our bodies don't work as well as they used to, and we may just have to live with that. And that keeping an abandoned shell of a human alive in a nursing home for months and years is not 'humane' or rational. And that sometimes people get very sick and die and we have to accept that. And that if you decide to carry on with a pregnancy when you've been told that the fetus you carry will not be healthy, but will need extensive and expensive medical care for the rest of it's life, and you can't pay for that on your own, you don't have a 'right' to expect someone else to pay the bills.