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Started By
Message
re: If social security is doing so great why do we now need myRA?
Posted on 12/28/14 at 3:45 pm to SpidermanTUba
Posted on 12/28/14 at 3:45 pm to SpidermanTUba
quote:
Therefore, 89.4% of of the money used to pay benefits in 2013 came from tax contributions in 2013. I think 89.4% qualifies as "most"
Good grief you apparently want to be ignorant. First, try to understand NPV of liabilities, or what a trustfund ratio is. Next, read my first post where SSI trustees consider 2013 to be cash flow negative (even though less than 100% of the inflows pay ALL of the outflows). And then go have a gander at the tables at the end of the reports that gives payed in years vs. age groups by pay-in years to see that those in their 40s, 50s and 60s have paid in far more than they are expected to receive. If you even bothered... you'd understand that Social Security's solvency problem doesn't stem from lack of individual pay in. It stems from declining number of contributors. (Classic fatal flaw in any ponzi scheme).
Why do you think immigration "reform" enjoys such strong bi-partisan support from establishment politicians?
1
Posted on 12/28/14 at 3:51 pm to Taxing Authority
quote:
quote:
Therefore, 89.4% of of the money used to pay benefits in 2013 came from tax contributions in 2013. I think 89.4% qualifies as "most"
Good grief you apparently want to be ignorant.
My statement is 100% true, and I have supported it with links to the data. You appear to not be phased by that fact. Its amazing.
quote:
First, try to understand NPV of liabilities, or what a trustfund ratio is. Next, read my first post where SSI trustees consider 2013 to be cash flow negative (even though less than 100% of the inflows pay ALL of the outflows). And then go have a gander at the tables at the end of the reports that gives payed in years vs. age groups by pay-in years to see that those in their 40s, 50s and 60s have paid in far more than they are expected to receive.
Awesome bro. I never said otherwise. Preach on!
quote:
If you even bothered... you'd understand that Social Security's solvency problem doesn't stem from lack of individual pay in. It stems from declining number of contributors. (Classic fatal flaw in any ponzi scheme).
Are you even talking to me? Is there some other SpidermanTUba in your head you are having a conversation with? You are countering claims I never made. Get back on your meds, OK?
This post was edited on 12/28/14 at 3:54 pm
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