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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 5:31 pm to TROLA
Posted on 5/15/24 at 5:31 pm to TROLA
quote:Pretty simple concept really, isn't it?
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
0
Posted on 5/15/24 at 5:36 pm to lake chuck fan
quote:
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.
The average age of a male is 73. If you were born in 1955, your full retirement age is 66 and 2 months. That's less than 7 years of getting his money back in installments.
Some politicians have sold people on the idea that it's not their money, it's the gov money. At the same time sold them on it being an entitlement.
Posted on 5/15/24 at 5:36 pm to NC_Tigah
quote:
Straw man
quote:
Irony! You didn't run median or average numbers.
You changed the argument
I chose her because she was the first recipient of SS and only paid for 3 years
She received 99.9% of the money she paid in to SS the first year of her retirement
Who paid for year two and every year after?
Your claim was you pay for your own
From the very first recipient we can see it wasn’t true
Posted on 5/15/24 at 5:38 pm to wackatimesthree
That's a lot of horse shite you typed.
Posted on 5/15/24 at 5:46 pm to Gifman
quote:
quote:56% of GOP voters want govt to pay more in monthly SS benefits/medicare
Boomers
Most Boomers would take a lump sum check from the government thieves. Give Boomers a check to cover their payroll contributions and their employers contributions to SS and Medicare and call it done.
Over a +40 year span of paying SS and Medicare taxes along with a 5% annual growth on those contributions......most Boomers would gladly take the lump sum check.
Posted on 5/15/24 at 5:49 pm to Loserman
quote:
I chose her because she was the first recipient of SS and only paid for 3 years
She received 99.9% of the money she paid in to SS the first year of her retirement
Who paid for year two and every year after?
I know a case or a million.
65-year-old man dies after SUV overturned during crash in Nelson County.
65 Year old woman dies in hit and run.
65-year-old man killed in Central Kentucky crash.
How many do you want?
per 100,000 of population:
55-64 1,323.3 773.1 Male/Female These people have paid in all their lives and never reached full retirement.
45-54 601.5 348.8 These people paid in at least 25 years or more. They never reached retirement.
Posted on 5/15/24 at 5:49 pm to Loserman
quote:Nor sir!
You changed the argument
quote:
Who paid for year two and every year after?
Really?
That would be poor kids who lost their lives in Europe? or Asian?
This post was edited on 5/15/24 at 5:56 pm
Posted on 5/15/24 at 5:49 pm to Bass Tiger
quote:
Most Boomers would take a lump sum check from the government thieves. Give Boomers a check to cover their payroll contributions and their employers contributions to SS and Medicare and call it done.
Over a +40 year span of paying SS and Medicare taxes along with a 5% annual growth on those contributions......most Boomers would gladly take the lump sum check.
YEP!
Posted on 5/15/24 at 5:50 pm to HailHailtoMichigan!
quote:
It’s polls like this that make me skeptical we will solve the entitlement crisis looming in 2033. A majority of *republicans* not only oppose any reforms, but actually want expansions in the programs, without tax increases.
As it stands now, 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 cut federal government spending immediately by 5-10% and over a 5-10 year period eliminate several bloated federal bureaucracies and return power to the state level?
Problem solved.....just too easy, isn't it?
Posted on 5/15/24 at 5:53 pm to NC_Tigah
quote:I don't see anything in the 14th amendment (rativied 67years before the SSA was created) about mandatory payouts to individuals based on their "contributions".
The 14th A actually says otherwise IAW with the unique debt instrument conversion of SS contributions.
Posted on 5/15/24 at 5:54 pm to Vacherie
quote:
Boomer here. 49 years paying into SS. Forty hours a week minimum and any OT I could get. I want what's coming to me. Period. I start drawing in 2 years and I have zero guilt or misgivings considering if I die before I draw a penny, it all goes back to the government. We all know the issues with the SS Fund and how it was raided over the years. IT this point, I can give 2 F--ks about that. Pay me what's mine.
Posted on 5/15/24 at 5:54 pm to Vacherie
DP
This post was edited on 5/15/24 at 5:55 pm
Posted on 5/15/24 at 5:57 pm to HailHailtoMichigan!
quote:SS and Medicare are not “entitlements.”
It’s polls like this that make me skeptical we will solve the entitlement crisis
Posted on 5/15/24 at 5:58 pm to Bass Tiger
quote:The way you describe it.. .yes! But, if you cut discretionary by 100%, it wouldn't balance the current budget. 5-10% does... nothing.
Why not cut federal government spending immediately by 5-10% and over a 5-10 year period eliminate several bloated federal bureaucracies and return power to the state level?
Problem solved.....just too easy, isn't it?
Posted on 5/15/24 at 5:59 pm to shrevetigertom
quote:In your view... what are they?
SS and Medicare are not “entitlements.”
Posted on 5/15/24 at 6:00 pm to NC_Tigah
Again you keep missing the point
My argument was those that are working now are paying for those who are retired and the younger generations will pay yours
Your argument was we pay for our own.
Btw Social Security.gov. Agrees with me
My argument was those that are working now are paying for those who are retired and the younger generations will pay yours
Your argument was we pay for our own.
Btw Social Security.gov. Agrees with me
Posted on 5/15/24 at 6:03 pm to Taxing Authority
quote:Don't you though?
I don't see anything in the 14th amendment (rativied 67years before the SSA was created) about mandatory payouts to individuals based on their "contributions".
The 14th says our debt shall not be questioned.
Every 1¢ contributed to SS goes to our debt.
You follow?
Posted on 5/15/24 at 6:04 pm to Taxing Authority
quote:
quote:Why not cut federal government spending immediately by 5-10% and over a 5-10 year period eliminate several bloated federal bureaucracies and return power to the state level? Problem solved.....just too easy, isn't it?
The way you describe it.. .yes! But, if you cut discretionary by 100%, it wouldn't balance the current budget. 5-10% does... nothing.
I'm open to any indication the federal government is going to start behaving fiscally responsible as they expect me to behave fiscally responsible.
The federal government is taking in $4.5-5 trillion annually in taxes and spending $7 trillion annually.......we have a fricking spending problem along with a debt servicing approaching $1 trillion annually.
Posted on 5/15/24 at 6:05 pm to NC_Tigah
quote:The equivalent of 'L'État, c'est moi' I can assure you bond purchases question the viability of our debt all the time. It's the reason it has a yeild.
our debt shall not be questioned.
quote:Doesn't matter. No payout ratio to contribution is guaranteed by anything other than Congress promising you'll get it back.
Every 1¢ contributed to SS goes to our debt.
quote:
You follow?
Posted on 5/15/24 at 6:09 pm to Loserman
quote:Square your contention with the FACT SS is in surplus'.
My argument was those that are working now are paying for those who are retired and the younger generations will pay yours
/
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