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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 2:47 pm to BCreed1
Posted on 5/15/24 at 2:47 pm to BCreed1
quote:
Defined as used here: the belief that one is inherently deserving of privileges or special treatment.
You aren't defining terms here, Jj. These are entitlement programs so stop with the BS.
quote:
SS for older people who paid in is not entitlement. They are not asking for money not theirs. It's their money!
That's so backwards it isn't even funny. Tell me how much these people paid in and how much they've drawn from it. Consider how much longer lifespans are nowadays. You used to retire and then die within 6 or 7 years. Now people retire and live an additional 15 - 20 years on average. Drawing benefits they couldn't and didn't pay for. That's the system and it sucks. The system is the problem as is the reluctance of our elected leaders to be honest with the people about its insolvency. Or you know, we can raise the retirement age again and/or taxes but we all know those aren't actual solutions. That's kicking the can down the road.
Posted on 5/15/24 at 2:49 pm to BCreed1
quote:
By the age of 30 they would have paid in roughly $58K. From 31 to 62 they would have paid in $230K
Somebody is adjusting for inflation
No. They did not put in 230k.
Posted on 5/15/24 at 2:51 pm to HailHailtoMichigan!
quote:... or just provide a reasonable ROI on SS contributions.
if we are to fix SS by 2033, it will require the largest tax increase
Of course, as Uncle Sam is chief beneficiary of SS, increasing ROI to individuals is cross-purposes with the program intent. So that massive tax increase, as you noted, is forthcoming.
Posted on 5/15/24 at 2:53 pm to HailHailtoMichigan!
They're not stupid, they see what is being given away to nations that hate us.
Posted on 5/15/24 at 2:53 pm to Figgy
(no message)
This post was edited on 5/15/24 at 2:54 pm
Posted on 5/15/24 at 3:03 pm to Mo Jeaux
quote:
This is a very antiquated view of what social security is.
If by antiquated you mean accurate, I would agree.
Posted on 5/15/24 at 3:05 pm to HailHailtoMichigan!
They SHOULD,,,,,,,, We have been getting shafted for 30 plus years since Bill Clinton and his little commies change the way the calculated inflation. They do not even add in groceries and housing. When thy said Inflation was 9 percent in 2022, we get a 9 percent increase, the REAL INFLATION was 18-19 percent.
That is the sorry Gov. stealing from SS people.
That is the sorry Gov. stealing from SS people.
Posted on 5/15/24 at 3:06 pm to HailHailtoMichigan!
Suppose you paid notes for 30 years to your mortgage company for your house, only to find out, they never applied a single penny towards your loan repayment, but instead squandered it on other things? Would you be cool with that?
Posted on 5/15/24 at 3:08 pm to tiggerthetooth
quote:Boomers is a Latin Term. Translated, it means ... $72.6 trillion going directly to heirs ... even the really stupid ones.
Boomers
This post was edited on 5/15/24 at 3:09 pm
Posted on 5/15/24 at 3:09 pm to FreddieMac
quote:
If by antiquated you mean accurate, I would agree.
But it really isn’t. You aren’t so much paying into something for your use later in life. You are paying into a fund to be used TODAY by the ELDERLY OF TODAY.
When you reach retirement age, you are not withdrawing money that YOU have paid into your whole life. That money was spent supporting the elderly as you paid it. You are withdrawing the money paid in by the youth today, not your money from yesteryear.
You are paying for the care of elderly folk while you are young in the hopes that the young will be able to pay for your bills when you retire.
It is nothing but a scheme and the whole “you are paying into it so you can pull out what you put in later” is a fricking lie.
Posted on 5/15/24 at 3:10 pm to Mo Jeaux
quote:It is indeed, but you have no clue as to why.
This is a very antiquated view of what social security is.
Posted on 5/15/24 at 3:12 pm to beerJeep
He's claiming that the average male earned an average salary of $60,000 for his entire working life. Keep in mind that someone born in 1960 couldn't work until the mid 1970s. With that being said...
Median Personal Income In The US 1974 - 2022
Now tell me how we averaged $60,000 per earner, male or female.
Median Personal Income In The US 1974 - 2022
Now tell me how we averaged $60,000 per earner, male or female.
Posted on 5/15/24 at 3:12 pm to beerJeep
quote:
The sooner they kill SS and Medicare/medicaid the better.
Not before I receive the 40 years I invested in it.
Posted on 5/15/24 at 3:14 pm to HailHailtoMichigan!
Entitlement spending is sacrosanct. It is the hill American voters die on. I make no distinction between party and I only no of high minded small government people who even think about it philosophically.
Posted on 5/15/24 at 3:15 pm to HailHailtoMichigan!
quote:
What a mess.
One of the pitfalls of universal suffrage. When we let dumb, ignorant, greedy people vote themselves free stuff, we have a problem.
Posted on 5/15/24 at 3:16 pm to Vacherie
quote:Got some bad news for you. It stopped being your money when the government took it. And the government doesn’t have it to give back to you. they’ve already spent it and replaced it with government IOUs.
Pay me what's mine.
Posted on 5/15/24 at 3:18 pm to Taxing Authority
quote:
And the government doesn’t have it to give back to you. they’ve already spent it and replaced it with government IOUs.
The government doesn’t have money for anything, but that doesn’t stop them from printing more.
Posted on 5/15/24 at 3:21 pm to beerJeep
quote:If they pay me back all the money I've paid into SS/Medicaid, sure
The sooner they kill SS and Medicare/medicaid the better.
Posted on 5/15/24 at 3:23 pm to HailHailtoMichigan!
Why is it hard to understand why people want a nominal return on the money they were forced to set aside. Altruism aside, it’s completely normal to desire what you feel you’ve earned
Some poll is only going to show what people want when asked, it doesn’t forecast the reality of what happens if they don’t get it. That’s why it’s such a complicated situation that will require a lot of nuance
Some poll is only going to show what people want when asked, it doesn’t forecast the reality of what happens if they don’t get it. That’s why it’s such a complicated situation that will require a lot of nuance
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