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Started By
Message
re: Joe really touched some nerves
Posted on 2/8/23 at 3:29 am to DavidTheGnome
Posted on 2/8/23 at 3:29 am to DavidTheGnome
quote:
It needs to be reformed. Push back retirement age and / or means test.
Cuck boy and a socialist wrapped into one.
POS.
0
Posted on 2/8/23 at 4:03 am to DavidTheGnome
quote:quote:Wrong
SS is not currently in deficit. Medicare is not currently in deficit. Looking to the future, those programs will be in deficit at some point.
quote:Goodness! You do struggle with concepts, don't you?
present value of scheduled benefits exceeds
Posted on 2/8/23 at 4:10 am to DavidTheGnome
quote:
It’s a safety net not a retirement plan. Tough luck if you don’t get everything you paid in, be glad. Or we can just leave it as is so you can get yours and have it go bankrupt
I see what you’re doing.
But the opinions of stupid people no longer excite me.
Posted on 2/8/23 at 4:59 am to DavidTheGnome
quote:
Push back retirement age
Makes all the sense in the world
quote:
means test
Is straight up stealing money from those probably contributed the most...but what else is new with you socialists?
Posted on 2/8/23 at 5:09 am to DavidTheGnome
quote:
Try driving without insurance and get pulled over and see what happens
Problem with this argument is it isn't the insurance company that's enforcing that, it's the government.
Posted on 2/8/23 at 5:12 am to CamdenTiger
quote:
it was a lie he wanted to use
DEMs have been using this lie for for 70 years
Posted on 2/8/23 at 5:40 am to DavidTheGnome
quote:
It needs to be reformed. Push back retirement age and / or means test. Edit: Getting downvoted by all those fiscal conservatives
Fiscal conservatives typically don’t like being taxed unfairly. This is another squeeze in the middle/upper middle. Bidens policies deflate the currency and savings, package that with decreased SS benefits.
Cutting Social security is a terrible example of fiscal conservatism. A citizen can actually calculate what they put into the system, it should be the most transparent tax paid.
We are spending more than ever, by a wide margin, SS absolutely should have some reforms, which will hurt Americans, but you better exhaust all other resources before messing with peoples money.
Again, it’s another squeeze, the democrats are making people less wealthy, limiting financial independence and security. You honestly have to be an idiot to neglect the impact that will not only have at the micro level, but for the economy as a whole. Eventually only the government will have the purse to take any risks.
Posted on 2/8/23 at 5:53 am to DavidTheGnome
quote:
Push back retirement age and / or means test.
I totally agree, despite the fact that it would directly, negatively impact me.
Frankly I’m shocked that the MAGA on this board disagrees.
Posted on 2/8/23 at 5:53 am to DavidTheGnome
quote:
Try driving without insurance and get pulled over and see what happens. Try getting a mortgage without
Damn. If the argument starts here I’m not sure how to get it back on track.
Reminds me of “arguing” with my 4 y/o about whether me or God is the boss of the house. Some fundamental concepts he is just not ready to learn.
Posted on 2/8/23 at 5:56 am to DavidTheGnome
quote:
needs to be reformed. Push back retirement age and / or means test.
Yeah it needs to be reformed, like five people an option.
Not pushed back. People are already working until mid 60’s. frick that.
Posted on 2/8/23 at 6:03 am to GusMcRae
quote:
totally agree, despite the fact that it would directly, negatively impact me. Frankly I’m shocked that the MAGA on this board disagrees.
It’s not difficult to understand. Like at all.
Imagine the government is your neighbor. They start buying new cars, then boats, put in a pool, etc…the spending keeps increasing, they are borrowing all of this and cashing out equity in their house. In order to pay for this, they erode their own savings and now start to dip into their kids college savings.
Your neighbor comes to you and asks for your financial advice, and maybe even a little cash until next month. Do you address how they are paying for all of these things, or do you question why they are buying them in the first place?
TLDR - we have a spending problem, until we address what we are paying for we shouldn’t be focused on how we are going to pay for it.
This post was edited on 2/8/23 at 6:05 am
Posted on 2/8/23 at 6:06 am to NC_Tigah
quote:Of course he does.
Goodness! You do struggle with concepts, don't you?
Thats why he works for the side that attempts to govern with threats of F-15s and nukes
Posted on 2/8/23 at 6:33 am to DavidTheGnome
quote:
Getting downvoted by all those fiscal conservatives
You think means testing is the preference of fiscal conservatives?
Posted on 2/8/23 at 6:41 am to Turbeauxdog
The only way I will vote for means testing is if the clown currently in office returns the couple of hundred thousand I lost in the market due to his crappy policies and total mismanagement. Why should I not get the money I paid into SS, and have been maxing out since 1986? So tired of all this socialist BS.
Posted on 2/8/23 at 6:48 am to Planetarium
quote:
Got called a liar for troubles.
Call a spade a spade. He is a lying POS.
Posted on 2/8/23 at 7:14 am to AMS
It's not mandatory to work either dummy.
But it is necessity same as driving
But it is necessity same as driving
This post was edited on 2/8/23 at 7:17 am
Posted on 2/8/23 at 7:16 am to Bass Tiger
quote:
A working married couple over age 62 will never get all the Social Security and Medicare benefits that were paid in by them and their employers.
This is unfortunately completely incorrect. The average Medicare beneficiary costs $15k/ year.
Posted on 2/8/23 at 7:17 am to Planetarium
quote:Well if he is one thing he is a liar, I mean the man had to end runs for plagiarism,,,,twice!
Got called a liar for troubles.
Posted on 2/8/23 at 7:40 am to GusMcRae
quote:Do they?
the MAGA on this board disagrees.
The basic problem and source of frank disagreement is the OP has no idea what SS is. In typical cases, it is not a "payout" or "benefit." It is repayment on a loan provided by taxpayers and employers to the Government.
ROI on the loan is atrocious. It is far and away the cheapest borrow Uncle Sam has at his disposal. That is one reason individuals are not alternately allowed to buy US Treasuries in a retirement account in lieu of SS. The federal cost of borrow would be far higher.
Understanding that is crucial to understanding why SS ain't going anywhere. "Retirement age" might get pushed back in 2040 or so, but SS will continue, even in deficit. Because, d/t structure, SS is a federal debt, repayment is almost certainly Constitutionally protected for >55y/o's with years of forced participation.
This post was edited on 2/8/23 at 7:41 am
Posted on 2/8/23 at 7:41 am to TigerGrad2011
quote:
Getting downvoted because of the fricking waste and those of us who are responsible not ever getting the benefit back out or a lessened benefit than what we could have done on our own.
frick YOU
Agree completely. I would be retired right now if i could have invested that money myself.
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