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re: In just a few years, the average retiree will be receiving 37% more in SS than he paid in

Posted on 2/24/24 at 9:54 pm to
Posted by Eurocat
Member since Apr 2004
15090 posts
Posted on 2/24/24 at 9:54 pm to
Al Gore talked about it. Lockbox. You may tease that nerd to holy high heaven but he was right about it.

George Bush said "It's your money. I will cut taxes" (and he did just that after the Iraq war had started (or was impending in any event)).

Clinton and Gore, say what you want, if those policies had been continued, things would not be so bad now.
Posted by Deplorableinohio
Member since Dec 2018
5652 posts
Posted on 2/24/24 at 10:01 pm to
All of you stop your bitching. If you’re want to go private, do it for a given age and lower.

Raise the retirement age? Hell no. I was a lifelong White collar worker. Worked blue collar jobs in high school and college. There is no way blue collar workers can work into their late 60s and 70s. I can still sit on my arse and work in an office. But for the millions of blue collar workers, no way.

So, privatize SS, for workers, increase payroll tax rate, and increase maximum wage. Period.
This post was edited on 2/25/24 at 8:48 am
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69438 posts
Posted on 2/24/24 at 11:26 pm to
quote:

Clinton and Gore, say what you want, if those policies had been continued, things would not be so bad now.



Clinton cut taxes which saw the economic boom he gets credited for.


Because he cut taxes.

Posted by Taxing Authority
Houston
Member since Feb 2010
57520 posts
Posted on 2/25/24 at 9:34 pm to
quote:

Al Gore talked about it. Lockbox. You may tease that nerd to holy high heaven but he was right about it.
Right about what? There never was a "lockbox". By the time Gore ran, that "lockbox" had already been raided. And the government already could not afford to pay it back. Gore never ran on doubling or tripling the SS tax (which is what it would have taken).

quote:

George Bush said "It's your money. I will cut taxes" (and he did just that after the Iraq war had started (or was impending in any event)).
How much did GWB cut the SS tax? How much did he cut medicare tax? The 2007 deficit was about $160 billion. 1/10th of what it will be this year. Clearly, it's all Bush's fault.


quote:

Clinton and Gore, say what you want, if those policies had been continued, things would not be so bad now.
What policies?
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