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re: Would a phase out of social security be viable?

Posted on 7/20/18 at 10:35 am to
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73739 posts
Posted on 7/20/18 at 10:35 am to
quote:

make it means tested (rich people wouldn’t get it at all).


fine as long as I am paid back what i paid in so F that because they wont do that

quote:

-increase 6.2 to 7.2.


F that. that is SS hoping you die off so they do not have to pay. people in canada are retiring on the CPP at 55 !

quote:

-increase age that you can start getting pay outs.




full retirement for most now is 67. as stated many are pushing for 72. it is nuts.
Posted by Boatshoes
Member since Dec 2017
6775 posts
Posted on 7/20/18 at 10:52 am to
quote:

full retirement for most now is 67. as stated many are pushing for 72. it is nuts.


A government that is 100 trillion in debt is going to default against someone. That someone is either foreign and domestic holders of it's debt, everyone through massive devaluation of its currency (already done), or an electoral minority of it's citizens.

Guess who gets the short straw?
Posted by mwade91383
Washington DC
Member since Mar 2010
5693 posts
Posted on 7/20/18 at 11:16 am to
Like I said, lead balloon.
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