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Message
In just a few years, the average retiree will be receiving 37% more in SS than he paid in
Posted on 2/24/24 at 9:46 pm
Posted on 2/24/24 at 9:46 pm
I’m not sure if it is because nobody wants it admit they are getting unearned benefits or what, but the numbers are the numbers. Adjusted for interest, retirees are getting more in SS than what they paid in.
It’s why the program is heading into the fiscal pooper.
Yet we see memes like this, grossly inaccurate
I simply don’t think the average person on the left or the right currently grasps the shite storm coming to Medicare and ss in the 2030s
If congress doesn’t raise fica taxes or reform the program, there will be a 25% automatic cut.
Will make the George Floyd riots look like the cartoon scene from Mary Poppins
54
Posted on 2/24/24 at 9:50 pm to HailHailtoMichigan!
They can have all of what I have paid in…and that is a lot…if they just stop stealing my money from this moment forward.
Posted on 2/24/24 at 9:52 pm to HailHailtoMichigan!
I will agree to give them all mine today if they stop taking out FICA for the rest of my working years.
ETA: what navy said
ETA: what navy said
This post was edited on 2/24/24 at 10:00 pm
Posted on 2/24/24 at 9:53 pm to HailHailtoMichigan!
Fine. Just give me back what I’ve put into it the past 40 years so I can invest it myself. As a gesture of what a nice guy I am and how much I want to help, I’ll even forego the interest on all of that.
Posted on 2/24/24 at 9:54 pm to HailHailtoMichigan!
Al Gore talked about it. Lockbox. You may tease that nerd to holy high heaven but he was right about it.
George Bush said "It's your money. I will cut taxes" (and he did just that after the Iraq war had started (or was impending in any event)).
Clinton and Gore, say what you want, if those policies had been continued, things would not be so bad now.
George Bush said "It's your money. I will cut taxes" (and he did just that after the Iraq war had started (or was impending in any event)).
Clinton and Gore, say what you want, if those policies had been continued, things would not be so bad now.
Posted on 2/24/24 at 9:55 pm to navy
Nothing like paying taxes after paying taxes all year so they can give my money to illegal law breakers and launder it through Ukraine back to themselves. Really makes your pride in the ole USA swell up.
Posted on 2/24/24 at 9:55 pm to HailHailtoMichigan!
quote:
I simply don’t think the average person on the left or the right currently grasps the shite storm coming to Medicare and ss in the 2030s
Since 1980, neither party has actually worked for the taxpayer and citizen
1980 was the parting of way for
National Debt
Social Security
Democracy (for the actual average American)
Employment inside the US (before we shipped jobs to Asia)
Yet we argue about
Abortion
Alphabet City
Guns
Border
And throw the blame on "them" over "us"
A UNITED America is best for America but media and corporate monarchies do not profit from such an America.
Posted on 2/24/24 at 9:58 pm to Godfather1
Are you freaking kidding me. They confiscated my money for 40 years you a-hole. The effective return is meager as hell compared to the market index.
And you want to steal 25% of my money.
frick you.
You obviously don't understand a goddamm thing about return on investment.
How about this. You pay your fricking student loans back like I did and leave my shite alone.
And you want to steal 25% of my money.
frick you.
You obviously don't understand a goddamm thing about return on investment.
How about this. You pay your fricking student loans back like I did and leave my shite alone.
This post was edited on 2/24/24 at 10:02 pm
Posted on 2/24/24 at 10:00 pm to HailHailtoMichigan!
You threatening a riot baw
Posted on 2/24/24 at 10:01 pm to Eurocat
All of you stop your bitching. If you’re want to go private, do it for a given age and lower.
Raise the retirement age? Hell no. I was a lifelong White collar worker. Worked blue collar jobs in high school and college. There is no way blue collar workers can work into their late 60s and 70s. I can still sit on my arse and work in an office. But for the millions of blue collar workers, no way.
So, privatize SS, for workers, increase payroll tax rate, and increase maximum wage. Period.
Raise the retirement age? Hell no. I was a lifelong White collar worker. Worked blue collar jobs in high school and college. There is no way blue collar workers can work into their late 60s and 70s. I can still sit on my arse and work in an office. But for the millions of blue collar workers, no way.
So, privatize SS, for workers, increase payroll tax rate, and increase maximum wage. Period.
This post was edited on 2/25/24 at 8:48 am
Posted on 2/24/24 at 10:03 pm to RiverCityTider
What are you yelling at me for? I just want back what I put into it.
Student loans? I never had one.
Student loans? I never had one.
Posted on 2/24/24 at 10:03 pm to HailHailtoMichigan!
Where have you been mate
Posted on 2/24/24 at 10:05 pm to RiverCityTider
quote:
Are you freaking kidding me. They confiscated my money for 40 years you a-hole. The effective return is meager as hell compared to the market index.
And you want to steal 25% of my money.
frick you.
This is a 100 irrelevant. You are speaking purely in hypotheticals. The “market returns” you speak of were not earned; not by you and not by the govt, because the money was never invested. How can you be owed something that you never had?
Posted on 2/24/24 at 10:07 pm to Deplorableinohio
They have already raised the retirement age. They want to raise it again.
You have to work till 67 just to get the full amount now. Before that they limit your earnings to like 20k a year or they start taking your benefits back.
The male life expectancy is down to 72 in this shite stain of a country. Your want to cut my meager ss by 25% to avoid paying my old arse lije a 2% annual return on my money for five or six years.
You selfish fricks.
You have to work till 67 just to get the full amount now. Before that they limit your earnings to like 20k a year or they start taking your benefits back.
The male life expectancy is down to 72 in this shite stain of a country. Your want to cut my meager ss by 25% to avoid paying my old arse lije a 2% annual return on my money for five or six years.
You selfish fricks.
Posted on 2/24/24 at 10:09 pm to HailHailtoMichigan!
Mate welcome back, but the topic du jour is Donald J. Trump's resounding victory in South Carolina.
P.S. Congratulations on the Michigan title and the Lions excellent season.
I look forward to working with you this fall to help re-elect Trump.
P.S. Congratulations on the Michigan title and the Lions excellent season.
I look forward to working with you this fall to help re-elect Trump.
This post was edited on 2/24/24 at 10:10 pm
Posted on 2/24/24 at 10:09 pm to Cheese Grits
quote:
Yet we argue about Abortion Alphabet City Guns Border
two of those are guaranteed by our founding documents
Posted on 2/24/24 at 10:09 pm to HailHailtoMichigan!
Riddle me this: the dollar I paid in would have paid for a pound of hamburger, now I need six to eight dollars to buy a comparable pound of hamburger, and inflation sucks, but it's sucking a lot worse recently.
Posted on 2/24/24 at 10:09 pm to HailHailtoMichigan!
quote:
This is a 100 irrelevant. You are speaking purely in hypotheticals. The “market returns” you speak of were not earned; not by you and not by the govt, because the money was never invested. How can you be owed something that you never had?
It's not a voluntary program idiots. They would not allow me to invest it. So because of that your saying they owe me no return at all?
Posted on 2/24/24 at 10:10 pm to HailHailtoMichigan!
If they can pay illegals 10k just for committing the crime of crossing the border they can pay me everything I am owed till I die..frick em
Posted on 2/24/24 at 10:11 pm to RiverCityTider
I am 33 now and just plan to work until I die because you boomers ruined the country. How’s that for selfish?
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