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re: I think it's time for America to cut social security altogether (serious)

Posted on 8/12/24 at 9:31 pm to
Posted by Robin Masters
Birmingham
Member since Jul 2010
35922 posts
Posted on 8/12/24 at 9:31 pm to
Oh so the one program that people actually contribute to via line item you’re going to eliminate. That’s pretty bold.
Posted by Hangover Haven
Metry
Member since Oct 2013
33634 posts
Posted on 8/12/24 at 9:32 pm to
Well, they better pay me the money I put into it for the last 47 years…
This post was edited on 8/12/24 at 9:33 pm
Posted by WWII Collector
Member since Oct 2018
9004 posts
Posted on 8/12/24 at 9:33 pm to
So you want to stop Social Security to people that have paid into it all their lives???

Yeah.. That's good common sense there.
Posted by WonderWartHawg
Member since Dec 2010
10799 posts
Posted on 8/12/24 at 9:37 pm to
quote:

SS would be fine if the politicians didn't use it for a slush fund to enrich themselves and


Yep, there's been too many hands in the cookie jar that wasn't supposed to be touched.
Oh, and that SS #? Was to never be used as an ID #.
This post was edited on 8/12/24 at 9:38 pm
Posted by Lawyered
The Sip
Member since Oct 2016
38339 posts
Posted on 8/12/24 at 9:38 pm to
If you can just print it all anyway.. why keep telling me I need to pay in to the system that will be bankrupt by the time I get to that age ???

Posted by Free888
Member since Oct 2019
3272 posts
Posted on 8/12/24 at 9:39 pm to
quote:

It needs to be phased out over about a 40 year period to avoid screwing everyone that paid in. If you're 25 now and have only been paying in significantly for 3 years, your benefit wouldn't be much, but you could invest yourself for the next 40 years. If you're near retirement, you'd get what you were promised.


This is what should be done. There could be a requirement to invest in Treasuries or index funds (basically mandatory 401k/IRA). This could also be combined with an increase or elimination of the FICA cap that could help with the near term issues.
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
5900 posts
Posted on 8/12/24 at 9:40 pm to
I am a few years from drawing. I paid in for over 40 years. Why the frick would I agree to forfeit the money I could invested on my own and got better returns? I want my gd money. It’s not my fault a bunch of assholes screwed it up.
Posted by TigeeDaleC
Prairieville
Member since Jun 2014
192 posts
Posted on 8/12/24 at 9:41 pm to
make SS voluntary...... think about it, as long as you put that money into a retirement account rather than SS.
Posted by crossfire
Alabama
Member since Oct 2010
2707 posts
Posted on 8/12/24 at 9:41 pm to
If they gave me the choice to take the money they hold and allow me to put it in my 401 I would approve. My generation will most likely not receive any social security bc it will be bankrupt. Both parties are responsible
Posted by POTUS2024
Member since Nov 2022
20943 posts
Posted on 8/12/24 at 9:42 pm to
quote:

I think it's time for America to cut social security altogether (serious)

Then you're an idiot.
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
5900 posts
Posted on 8/12/24 at 9:42 pm to
quote:

period to avoid screwing everyone that paid in. If you're 25 now and have only been paying in significantly for 3 years, your benefit wouldn't be much, but you could invest yourself for the next 40 years. If you're near retirement, you'd get what you were promised. This is what should be done. There could be a requirement to invest in Treasuries or index funds (basically mandatory 401k/IRA). This could also be combined with an increase or elimination of the FICA cap that could help with the near term issues.


Because they would borrow/lend against just like they did ss. Had it not been messed with it would be fine now.
This post was edited on 8/12/24 at 9:44 pm
Posted by bamadontcare
Member since Jun 2013
3976 posts
Posted on 8/12/24 at 9:43 pm to
Im 59 YO.

Give me a 1 mil buyout and I’m whole
Posted by Harry Rex Vonner
Foggy Bottom Law School
Member since Nov 2013
50496 posts
Posted on 8/12/24 at 9:46 pm to
quote:

John Madden SuperFan




Democrat Underground bot
Posted by sparkinator
Lake Claiborne
Member since Dec 2007
5050 posts
Posted on 8/12/24 at 9:47 pm to
Never happen. Too many people depend on it. It was never supposed to be an entitlement, rather it was bankrolled by the populous that would one day use it.

Now it’s for disability, welfare, etc. If it was just a retirement fund to keep old people out of poverty, like it was designed for, it would work.
Posted by roadGator
DeBoar’s dome
Member since Feb 2009
157758 posts
Posted on 8/12/24 at 9:48 pm to
Many of us would have to opt out and keep paying.

That’s the only way out of a Ponzi scheme.

For my kids and grand kids future I’d voluntarily do just that if they ended it. I’ll be fine and am teaching my kids to be same.

But not enough kids are being taught personal responsibility sadly.
This post was edited on 8/12/24 at 10:07 pm
Posted by offshoretrash
Farmerville, La
Member since Aug 2008
10768 posts
Posted on 8/12/24 at 9:49 pm to
Refund me all I've paid in and it's deal.
Posted by Harry Rex Vonner
Foggy Bottom Law School
Member since Nov 2013
50496 posts
Posted on 8/12/24 at 9:50 pm to
quote:

Tuscaloosa







so you don't know who stole social security funds?

it's just like you to not know, and yet run your fricking mouth




Posted by Dawgfanman
Member since Jun 2015
26314 posts
Posted on 8/12/24 at 9:55 pm to
No one is willing to accept that all that they paid in has been wasted already, they’d rather kick the can down the road and make the next generation continue the scheme.
Posted by Harry Rex Vonner
Foggy Bottom Law School
Member since Nov 2013
50496 posts
Posted on 8/12/24 at 9:55 pm to
quote:

The Boat


quote:

Sure just give me all I’ve paid into it first









so you don't understand the concept of inflation war?







and you demanded "what you've paid in" and didn't ask for the interest on that?



cuck fricking cuck
Posted by La Place Mike
West Florida Republic
Member since Jan 2004
31393 posts
Posted on 8/12/24 at 9:56 pm to
quote:

I’m fine with it if I get the 200,000 dollars that I’ve paid in over the last 30 years!




No you haven't. That means you would have earned roughly $3,230,000 over the past 30 years.
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