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Message

re: 56% of GOP voters want govt to pay more in monthly SS benefits/medicare

Posted on 5/15/24 at 4:28 pm to
Posted by beerJeep
Louisiana
Member since Nov 2016
35156 posts
Posted on 5/15/24 at 4:28 pm to
quote:

Did you pick up the misuse of "literally" and a " " from SFP? No BJ, that is quite literally not how it works.


According to the SOCIAL SECURITY ADMINISTRATION ITSELF that is “literally” how it works.



Posted by Captain Rumbeard
Member since Jan 2014
4223 posts
Posted on 5/15/24 at 4:28 pm to
Give me what I paid in plus interest and I'll forgive what I'm owed and invest it myself at this late date and likely do wayyyyyyyyyyyyy better than what they would have paid.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124273 posts
Posted on 5/15/24 at 4:40 pm to
According to the same folks, the inflation reduction act was about inflation reduction. Don't be a fricking patsy!

The SS game is capturing as much funding for the federal government as possible. That LITERALLY includes convincing you that you are paying for your predecessors' SS, and someone in the future will pay for yours. In fact, until SS is running at a deficit, that is not and cannot be the case.


¿comprende?


The question a bright person like yourself should ask is what incentive the Feds have to mislead you?
Posted by beerJeep
Louisiana
Member since Nov 2016
35156 posts
Posted on 5/15/24 at 4:42 pm to


I reject your reality and substitute my own!!

To hell with the facts and evidence
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124273 posts
Posted on 5/15/24 at 4:47 pm to
quote:

To hell with the facts and evidence
You really should exclude the emojis when you don't understand WTF you are addressing.

Are you more interested in posting emojis while being used as a patsy by the feds, or would you prefer to deal in indisputable fact?
Posted by beerJeep
Louisiana
Member since Nov 2016
35156 posts
Posted on 5/15/24 at 4:48 pm to
I want ALL entitlements to end. But sure
Posted by Loserman
Member since Sep 2007
21977 posts
Posted on 5/15/24 at 4:48 pm to
quote:

THEIR money was spent years ago to pay for the elderly AT THAT TIME.


quote:

Negative.


And another person who believes the propaganda from the Government

Here is why you are wrong!

On January 31, 1940, the first monthly retirement check was issued to Ida May Fuller of Ludlow, Vermont, in the amount of $22.54. Miss Fuller, a Legal Secretary, retired in November 1939. She started collecting benefits in January 1940 at age 65 and lived to be 100 years old, dying in 1975.

Ida May Fuller worked for three years under the Social Security program. The accumulated taxes on her salary during those three years was a total of $24.75. Her initial monthly check was $22.54. During her lifetime she collected a total of $22,888.92 in Social Security benefits.


So did she pay her own or did she not?



Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
49127 posts
Posted on 5/15/24 at 4:50 pm to
quote:

if we are to fix SS by 2033, it will require the largest tax increase in the history of the country, assuming congress kills any attempt at raising retirement age.


Why not just print more money? Congress seems to think that's the answer to everything right now
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124273 posts
Posted on 5/15/24 at 4:51 pm to
quote:

I want ALL entitlements to end
As do I.
Which of course begs the query why won't SS ever end as long as the US is in debt?
Posted by NorthTiger
Upper 40
Member since Jan 2004
3845 posts
Posted on 5/15/24 at 4:54 pm to
I want an expansion in Social Security. Here’s why. I spent a career working in the public sector so i get my full retirement. In Louisiana, public employees don’t pay into SS. BUT, I also worked a second job throughout my career where i did pay into SS.

Lousiana is one of 13 states where if you get a public pension you are only given approximately 50% of the SS benefits you earned.
Posted by lake chuck fan
westlake
Member since Aug 2011
9282 posts
Posted on 5/15/24 at 4:54 pm to
Entitlements. The fair way to address this issue would be a person receiving a percentage of what that person has paid into social security. In my opinion, receiving financial payments in retirement that a person has been forced to contribute their entire life is not "entitlement". It's what's is due that person.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
17105 posts
Posted on 5/15/24 at 4:54 pm to
Older voters will not vote against their interests.
This post was edited on 5/15/24 at 5:51 pm
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124273 posts
Posted on 5/15/24 at 5:01 pm to
quote:

So did she pay her own or did she not?
Someone bought the most recent lottery ticket winner. Did they pay on their own or not? How many folks born in 1875 lived to be 100?
Posted by Loserman
Member since Sep 2007
21977 posts
Posted on 5/15/24 at 5:05 pm to
quote:

So did she pay her own or did she not?


quote:

Someone bought the most recent lottery ticket winner. Did they pay on their own or not? How many folks born in 1875 lived to be 100?



Straw man
Posted by Tridentds
Sugar Land
Member since Aug 2011
20525 posts
Posted on 5/15/24 at 5:05 pm to
Not at all. Probably 98% of those want the zuS to quit giving hundreds of billions of dollars to Ukraine. Also want us to quit giving room and board and paid cash cards to millions of illegals. Etc…. Etc… Etc….

The shite goes on and on and on. Entitlements for American citizens. You really think this is what this is about??? Seriously? If we can forgive hundreds of billions in student loans and all the other horseshite we spend overseas we can increase SS benefits EASAfrickINGLY.
Posted by FLTech
the A
Member since Sep 2017
12867 posts
Posted on 5/15/24 at 5:07 pm to
Meanwhile they send trillions of dollars to other countries when those trillions of dollars could go back into social security that people have been paying for their entire lifetimes
Posted by wackatimesthree
Member since Oct 2019
4303 posts
Posted on 5/15/24 at 5:11 pm to
quote:


How is it a populist position to want the money government has taken from your check for 45 years?


That sentence doesn't really ask anything meaningful because you're trying so hard to frame what's happening according to your narrative. You didn't even get the populist part right.

Let's break it down like this:

SS was a scam from the outset. It was sold to the public as an involuntary investment program. You pay your money in, the government invests it and pays you dividends when you get older.

That was a lie. Just like Obamacare was a lie. You didn't get to keep your doctor. The average family didn't save $2,500. It was a lie and we know that they knew it was a lie (see John Gruber).

SS was the same way.

If you stop and think about it for 10 seconds you know without a doubt that it can't be "your money you've paid in for 45 years" that you're getting back.

If that were really the case the first person eligible for a payout wouldn't have been eligible until 1982. And think for a second about inflation. You put in a small fraction of what you're getting back. The government doesn't invest any of the funds except the surplus, and it only invests it in government securities. Other wise it's just taxpayers paying in and recipients getting paid with that same money.

So it's literally not a real investment fund where you put in money that grows (hopefully) faster than inflation and compounds over decades and yields a much bigger sum than what you paid in. It doesn't work that way. It's almost entirely today's taxpayers paying for yesterday's taxpayers.

And it was designed to be that way from the beginning. The whole thing was just as much a lie as Obamacare, told by just as liberal of a president.

All it is is welfare for the old. People who are working are paying in, people who are not working are getting paid from their taxes.

And when you have generational population fluctuations, it bankrupts the system.

The fact that you guys won't accept that obvious reality (because it serves your narrative of "I want what's MINE") is what I'm talking about.

And it's ironic because the mantra around this populist petrie dish is that you can't believe anything the government tells you.

Except, apparently, the marketing campaign from 1936 about SS. The one thing that is an obvious lie that anyone with 4 working brains cells can figure out HAS to be a lie just by thinking it through for 30 seconds...THAT'S the one thing y'all will believe. Nay...that y'all refuse NOT to believe, in that face of facts presented to you.

Look, wanting the money back is one thing. I wish I had every penny I have ever paid the government in taxes regardless of what they used it for.

But that doesn't change any of this.

SS/Medicare are what is breaking the bank and nothing else comes close, AND, it's going to keep getting worse b/c the population is declining while Americans aren't getting married and having children.

I keep telling y'all that the open border is NOT about votes. It's about THIS.

SOMEBODY has got to pay into this fund if it's going to stay workable (I didn't say "solvent," I just said workable).

This post was edited on 5/15/24 at 8:40 pm
Posted by TROLA
BATON ROUGE
Member since Apr 2004
12442 posts
Posted on 5/15/24 at 5:15 pm to
quote:

I reject your reality and substitute my own!! To hell with the facts and evidence


All he’s saying is that as long as more goes in than goes out which is technically true, then we aren’t borrowing yet to pay it..we just aren’t growing it or saving it
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124273 posts
Posted on 5/15/24 at 5:15 pm to
quote:

Straw man
Irony!

You didn't run median or average numbers.

Instead, you ran numbers on one recipient who lived 30-40% longer than her contemporaries.
Posted by BCreed1
Alabama
Member since Jan 2024
1348 posts
Posted on 5/15/24 at 5:29 pm to
quote:

Somebody is adjusting for inflation

No. They did not put in 230k.


I used the SS admin. I also used the proper percentages for the time frame. 6.5% total until 1990. Then 12.4%.

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