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Message
re: Social Security could end in 2035
Posted on 5/7/24 at 6:41 pm to frogtown
Posted on 5/7/24 at 6:41 pm to frogtown
quote:
SS is virtually the ONLY government program operating in surplus in 2024
SS was tapped out in LBJ administration whereby all invested in gov’t bonds. The “trust” is essentially full of “IOUs” it’s not a bank vault filled with cash. That money was spent by your gov’t a loooong time ago
Posted on 5/7/24 at 6:42 pm to Tandemjay
quote:
Let it end, those on it now have taken out more than they ever paid in and those paying in right now won't see a cent.
Sounds like you want Americans that paid into the system to go without and die of hunger. Isn't that a small form of genocide?
Take care of your people here and quit sending billions to other countries. It's time for other countries to get their shite together and take care of their own. If they do not like that suggestion, then frick them. It's not our responsibility to let them bleed us dry
This post was edited on 5/7/24 at 6:48 pm
Posted on 5/7/24 at 6:46 pm to WhiteRussianDude
quote:
Disagree
Okay. Why?
Posted on 5/7/24 at 6:47 pm to Geekboy
Social Security (and the country) going tits up is more likely than global warming killing everyone.
Posted on 5/7/24 at 6:51 pm to Geekboy
Next recession and stock market crash, SS's "Trust Fund" should be invested in blue-chip stocks. The worst place to invest money is the government.
Posted on 5/7/24 at 6:52 pm to Geekboy
Everything we have paid Ukraine would not pay social security benefits for two months.
Posted on 5/7/24 at 6:55 pm to narddogg81
quote:You're a big fan of having your hard earned money stolen from you?
let it end. i have planned and made sure i can retire with $0 social security
Posted on 5/7/24 at 6:56 pm to Geekboy
I have been hearing this every election year since I was about 10.
Posted on 5/7/24 at 7:03 pm to Geekboy
quote:
before cash runs out
How exactly can we run out of money? Do you know where "money" comes from! It is called thin air.
Posted on 5/7/24 at 7:12 pm to Geekboy
quote:
Social Security could end in 2035
End it now, they can keep what I've paid in so far
Posted on 5/7/24 at 7:20 pm to Geekboy
We need to let it end. Stop subsidizing people who don’t plan for retirement and leave our paychecks alone
Posted on 5/7/24 at 7:21 pm to Geekboy
While I don’t even have projected social security payments in my retirement income spreadsheet, I’d still really like to get it.
Posted on 5/7/24 at 7:27 pm to Ponchy Tiger
That’s on pedo Joe’s list along with the 44.6% inheritance tax he wants to propose, if I recall. Or not far behind it. I’ve been seriously considering cashing mine out at 59 1/2, in 2 years, pay my home off, and then invest it elsewhere and in hard goods such as property, gold. At this point, why wait another 6 years. The market is likely going to tank anyway with what they are doing to our country. If the whispers become louder, maybe sooner and pay the penalty bf they steal it.
Posted on 5/7/24 at 7:29 pm to Geekboy
Don't worry. They'll raise taxes.
Posted on 5/7/24 at 7:30 pm to Zzyzx
quote:
Stop subsidizing people who don’t plan for retirement and leave our paychecks alone
Great. Just reimburse me what I put in at market interest rate and we’ll call it good.
Posted on 5/7/24 at 7:32 pm to Geekboy
While it was the furthest thing from my mind at the time at 23, I'm so glad I wasn't required to invest in that Ponzi Scheme.
Posted on 5/7/24 at 7:38 pm to Geekboy
Well that is 8 years for me. 8 more years than I ever thought I would get.
In 2035, when they stop the program, I will be reporting a large uninsured theft loss as a tax deduction.
In 2035, when they stop the program, I will be reporting a large uninsured theft loss as a tax deduction.
Posted on 5/7/24 at 7:44 pm to narddogg81
Just give me back even half what I put in and I’m good.
Posted on 5/7/24 at 7:47 pm to Geekboy
[quote]Social Security could end in 2035[/quote
Another scare tactic from democrats. If you don't vote for us you will not have any SS. Typical. They pull this every time in midterms and a Presidential election.
Another scare tactic from democrats. If you don't vote for us you will not have any SS. Typical. They pull this every time in midterms and a Presidential election.
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