- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Social Security and Medicare will be Insolvent in the 2030s
Posted on 10/5/23 at 8:17 am to Lou Pai
Posted on 10/5/23 at 8:17 am to Lou Pai
quote:
We are barreling headfirst over a cliff and it seems like no one cares about advocating for solutions like gradually raising the retirement age, etc.
How is that a solution? The solution is
a) Stop giving people that didn't contribute, SS and Medicare.
b) Make SS an elective. If i know i won't see a dime of what i put forth, why the frick must i keep paying into the system?
c) Rather than raise the age, why not CUT frickING SPENDING from other departments and send it to SS payments?
I hate the US federal government. They serve no purpose than to enrich the bureaucrats and let them play masters of the universe. They do not serve the people. They play God over the people.
2
Posted on 10/5/23 at 8:38 am to BugAC
I suggested this a few weeks ago, what about an elective extra Social Security tax that could double your benefits if you elected to have the extra cash taxed and it would build a cash balance like an IRA and if you die before 62 the money goes to your heirs or can be used to start taking supplemental income before reaching full retirement age. Also eligible participants would be excluded from the government mandated cuts coming.
This post was edited on 10/6/23 at 10:25 am
Posted on 10/5/23 at 11:39 am to BugAC
quote:Right.
why the frick must i keep paying into the system?
If Social Security was actually a benefit, contributions could be rendered optional, with the alternate choice being equivalent contributions directed to a personal IRA.
But that won't happen ... EVER ... because Social Security isn't predominantly a retirement program. It is a forced loan to the government courtesy of you, the obligatory lender.
Uncle Sam is deep in debt. He needs your loan, and he gets it at unbelievability cheap terms ... a fraction of what he charges to students for the loans he provides them. He ain't going to let you off. Instead, he will work his arse off to keep the SSTF in surplus, while everything else is in deficit.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News