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Message
re: If social security is doing so great why do we now need myRA?
Posted on 12/28/14 at 4:01 pm to Taxing Authority
Posted on 12/28/14 at 4:01 pm to Taxing Authority
Pew Research agrees with my claim, as well.
LINK /
Though it remains to be seen whether or not you can actually comprehend the claim I am making, or will continue to babble on with a list of random facts you know hoping one of them will have anything to do with what I'm talking about.
quote:
Rather, the benefits received by today’s retirees are funded by the taxes paid by today’s workers;
LINK /
Though it remains to be seen whether or not you can actually comprehend the claim I am making, or will continue to babble on with a list of random facts you know hoping one of them will have anything to do with what I'm talking about.
2
Posted on 12/28/14 at 4:22 pm to SpidermanTUba
So I ask again. Where did all the money go current retirees paid in? Can I see an annual balance if the trust fund? Have the monies paid in been used for anything else?
This post was edited on 12/28/14 at 4:22 pm
Posted on 12/28/14 at 5:15 pm to SpidermanTUba
quote:I completely understand it. What you're claiming is that since income = payment there is no other money involved.
Though it remains to be seen whether or not you can actually comprehend the claim I am making,
That's the equivalent of having a mortgage on a rental property, and since the rent is equal to the mortgage... Concluding that the bank didn't provide any money for the purchase at closing.
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