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Started By
Message
re: 56% of GOP voters want govt to pay more in monthly SS benefits/medicare
Posted on 5/15/24 at 3:23 pm to Gifman
Posted on 5/15/24 at 3:23 pm to Gifman
quote:
56% of GOP voters want govt to pay more in monthly SS benefits/medicare
quote:
Boomers
Well Boomers have been the ones who paid the most in to social security They paid the SS for the Greatest Generation, and the Silent Generation.
Boomers currently pay over 50% of all federal income taxes and are only 20% of the population.
Boomers weren't the ones who voted in SS. That was the so-called "Greatest Generation" and it was the "Silent Generation" that expanded it.
People like Pelosi and Biden (Both Silent Generation)
How can people not know that we didn't even have a boomer President until Bill Clinton in 1992, then W, and then Obama. Biden is Silent Gen and Trump is a Boomer.
Biden is the 6th youngest Senator ever to take office in January 1973 at 30 years and 1 month( Silent Generation)
Boomers didn't even become the majority of Congress until the 1990s
2
Posted on 5/15/24 at 3:23 pm to wareagle7298
quote:exactly. I was given no choice to participate or not, and they need to pay me back in spades. Similar to taxes in general…I want as much of a refund from the mandated theft of my wages.
Hmmm...so people want a fair share of what they paid in to their entire lives, but receive much less than if they had just invested all that money in the stock market all those years?
Posted on 5/15/24 at 3:24 pm to beerJeep
quote:Good Lord!
It is an entitlement because your average recipient takes out far more than they put in.
If SS "is an entitlement because your average recipient takes out far more than they put in," WTF is an IRA or investment portfolio?
My Stock Portfolio ROI must make me an entitlement emperor, at least as measured in your terms.
WAKE UP PEOPLE!
Posted on 5/15/24 at 3:25 pm to BigPerm30
quote:
I’m shocked boomers want more but honestly SS is a fricking Ponzi scheme and we are all getting fricked.
They want it because they have been paying in to it since 1960 and would like some of their money back
Posted on 5/15/24 at 3:26 pm to Loserman
quote:Negative.
Well Boomers have been the ones who paid the most in to social security They paid the SS for the Greatest Generation, and the Silent Generation.
Each gen pays its way in SS. Spin that fact as you'd like. But it remains fact.
Posted on 5/15/24 at 3:30 pm to Taxing Authority
quote:The 14th A actually says otherwise IAW with the unique debt instrument conversion of SS contributions.
Got some bad news for you. It stopped being your money when the government took it
Posted on 5/15/24 at 3:38 pm to HailHailtoMichigan!
The mess is income tax.
You are forcing me by law to pay into this bullshite.
Im all for never paying another dime.
You are forcing me by law to pay into this bullshite.
Im all for never paying another dime.
Posted on 5/15/24 at 3:41 pm to HailHailtoMichigan!
I guess I'm in the 44%. I have both but I'm fine with where I am.
Posted on 5/15/24 at 3:52 pm to NC_Tigah
quote:
Negative.
Each gen pays its way in SS. Spin that fact as you'd like. But it remains fact.
What you say doesn't even make sense
In 1940 When SS started paying benefits there were 149 people paying in for each person receiving benefits.
Today it had been reduced to 2.6 paying to each beneficiary.
All shortfalls to SS come from the General Fund
Posted on 5/15/24 at 3:55 pm to HailHailtoMichigan!
Why not, they put in for it...
Should it go to illegals?
Should it go to illegals?
Posted on 5/15/24 at 3:57 pm to beerJeep
quote:
The sooner they kill SS and Medicare/medicaid the better.
You'll regret saying that one day...
Posted on 5/15/24 at 3:57 pm to Diamondawg
quote:I'm 100% in the 44% group.
I guess I'm in the 44%
Factually though, it wouldn't matter if the 44% group was 94%. The Feds don't GAS about your desire or mine to pare down SS.
Why?
Because the premise of paring down is that the retiring American public is the SS beneficiary.
The retiring American public is not the SS beneficiary.
The beneficiary is Uncle Sam.
Posted on 5/15/24 at 3:58 pm to Loserman
quote:
and would like some of their money back
They’ll never get THEIR money back.
THEIR money was spent years ago to pay for the elderly AT THAT TIME.
What they want is OTHER PEOPLES MONEY (read young people’s money) to pay for THEIR retirement.
Because, again, SOCIAL SECURITY IS AN ENTITLEMENT PROGRAM.
Posted on 5/15/24 at 4:00 pm to Hangover Haven
quote:
You'll regret saying that one day...
They’ll be gone before I retire, so no. I’d like it gone asap so I can stop wasting money on something I will never sniff.
Let me put it this way. Give me the ability to opt out and I’ll sign the dotted line yesterday.
This post was edited on 5/15/24 at 4:02 pm
Posted on 5/15/24 at 4:05 pm to Loserman
quote:Stoichiometric biochemistry might not "even make sense" either. Nonetheless, it is a fact.
What you say doesn't even make sense
quote:That is why "contribution amounts" have "evolved" accordingly.
In 1940 When SS started paying benefits there were 149 people paying in for each person receiving benefits.
Today it had been reduced to 2.6 paying to each beneficiary.
quote:What "shortfalls"?
All shortfalls to SS come from the General Fund
SS is in surplus. There are no shortfalls for several years.
Posted on 5/15/24 at 4:06 pm to beerJeep
quote:Negative.
THEIR money was spent years ago to pay for the elderly AT THAT TIME.
Posted on 5/15/24 at 4:07 pm to NC_Tigah
quote:
Negative
that is quite literally how it works. The money isn’t set aside for you to use when you retire. That money is paid out to the elderly that need it today. Posted on 5/15/24 at 4:11 pm to beerJeep
quote:Did you pick up the misuse of "literally" and a "
" from SFP? No BJ, that is quite literally not how it works.
Posted on 5/15/24 at 4:13 pm to beerJeep
quote:Every 1¢ contributed to SS is converted to a US Debt instrument, by law.
The money isn’t set aside for you to use when you retire. That money is paid out to the elderly that need it today.
Posted on 5/15/24 at 4:21 pm to beerJeep
quote:
They’ll be gone before I retire, so no. I’d like it gone asap so I can stop wasting money on something I will never sniff.
Let me put it this way. Give me the ability to opt out and I’ll sign the dotted line yesterday.
Don't worry, you'll still have to pay into it..
I've been paying into it for 47 years when I started working at 13.
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