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re: The Coming Social Security Crisis

Posted on 3/28/24 at 11:56 am to
Posted by lazlodawg
Member since Sep 2017
483 posts
Posted on 3/28/24 at 11:56 am to
quote:

You don't think raising the SS benefit age is reasonable when life expectancy has been raised nearly 15 years since Congress made this promise?

When it was signed into law in 1935, the social benefit age was 65 and older. At the time, life expectancy in the US was about 63 yo.


This sounds like an agreement with the mob. "Pray that I do not alter the agreement any further". Also, this number reflects life expectancy at birth, not life expectancy after reaching adulthood so it's a bit misleading for you to use this as an argument.

quote:

So, having more people dependent on a check from the federal government is shrinking government, and having fewer people dependent on a check from fedgov is growing government? That seems f'd.


IT IS NOT A CHECK FROM THE GOVERNMENT. It is the government allowing you to have SOME of the money they FORCEFULY TAKE from you back. It's your goddamn money and not a fricking handout you disingenuous frick.
Posted by CGSC Lobotomy
Member since Sep 2011
80459 posts
Posted on 3/28/24 at 12:10 pm to
quote:

It's your goddamn money and not a fricking handout you disingenuous frick.


It's someone else's money. Your money was already spent 20 years before you were eligible to collect.
Posted by David_DJS
Member since Aug 2005
18006 posts
Posted on 3/28/24 at 12:31 pm to
quote:


This sounds like an agreement with the mob.

That's one way to look at it. Another way would be to simply recognize what SS was intended to be and sticking with that.

quote:

Also, this number reflects life expectancy at birth, not life expectancy after reaching adulthood so it's a bit misleading for you to use this as an argument.

I googled "life expectancy" - wasn't misleading anyone. Do you think infant mortality would change the argument? I don't, and didn't before looking for this -

Percent of population surviving from age 21 to 65:

1940 - 57%
1990 - 78%

And that's just to 1990.

quote:

IT IS NOT A CHECK FROM THE GOVERNMENT. It is the government allowing you to have SOME of the money they FORCEFULY TAKE from you back. It's your goddamn money and not a fricking handout you disingenuous frick.

Well, this escalated quickly. Are you okay?

The government has no money of its own. Do you understand that? The government decides how much of your money it will confiscate, and then it turns around and decides how much of your money you'll get back, and in what form you'll receive it. It does this for everything. Social security is just another tax, and social security benefits are just another form of government benefits.
Posted by wackatimesthree
Member since Oct 2019
4206 posts
Posted on 3/30/24 at 4:14 am to
quote:


IT IS NOT A CHECK FROM THE GOVERNMENT.


It absolutely is. It's an entitlement. The SCOTUS has said so, and they are correct.

quote:

It is the government allowing you to have SOME of the money they FORCEFULY TAKE from you back. It's your goddamn money


It's not your money. Your money went to pay for someone else's benefits who was eligible for the entitlement at the time you paid your taxes. And your entitlement checks will be paid for by someone else. Just like any other welfare/entitlement program.

The "It's my money!" bullshite is just a marketing narrative that the government used to sell this program to the public in the first place. It's no more "your money" than the money you pay in other taxes that are used for SNAP or to subsidize someone's ACA health insurance premiums.

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