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Started By
Message
Social Security Raise
Posted on 1/4/23 at 6:59 pm
Posted on 1/4/23 at 6:59 pm
I just got my new SS announcement of income increase. Not since Jimmy Carter has there been such growth in SS income. . Based on my increase 2 of us can go to Ruth’s Chris twice a month on Joe and the democrats. I might re-register as a democrat. Let’s geaux Brandon. Jimmy still has the record at 14.3% but Joe has 2 more tries. Come on Joe. I need a bottle of Caymus too.
Posted on 1/4/23 at 6:59 pm to dovehunter
Thank Joe?
Thank me, I pay your salary.
Thank me, I pay your salary.
Posted on 1/4/23 at 7:00 pm to dovehunter
quote:
Joe and the democrats
Duck
Posted on 1/4/23 at 7:01 pm to fightin tigers
quote:
Thank Joe? Thank me, I pay your salary.
And Joe’s salary
Posted on 1/4/23 at 7:02 pm to fightin tigers
And hopefully someone will pay yours when you retire
Posted on 1/4/23 at 7:05 pm to SulphursFinest
quote:SSN is insolvent without drastically raising the age you can draw it AND raising FICA.
And hopefully someone will pay yours when you retire
Posted on 1/4/23 at 7:06 pm to SulphursFinest
Oh i still work and at a pay significantly above the wage base my man. I’m paying too.
Posted on 1/4/23 at 7:12 pm to greygoose
No it’s not stop your fear mongering
Posted on 1/4/23 at 7:12 pm to greygoose
Here's something for the downvoting morons:
LINK /
LINK /
quote:
The fiscal crisis looming over Social Security is no longer a distant threat. The national pension system will be insolvent by the time workers now in their mid-50s are ready to retire.
The annual report to Congress from the Social Security Trustees, released this week, paints a grim picture of an entitlement program that was already veering towards insolvency before the COVID-19 pandemic accelerated that trend. The Trustees now estimate that Social Security will be unable to pay the full amount of promised benefits by 2033, one year sooner than the same report estimated last year. Absent any policy changes, beneficiaries will receive just 78 percent of what they've been promised starting in 2034.
quote:
Social Security will see negative cash flow of $147 billion this year, and the deficits will keep adding up as the population ages and there are fewer workers paying into the system relative to the number of retirees collecting benefits
Posted on 1/4/23 at 7:14 pm to greygoose
Eric Boehm from Reason Magazine has you worried
Posted on 1/4/23 at 7:14 pm to dovehunter
When inflation goes up SS payments go up.
So you can thank Joe for making inflation go up.
So you can thank Joe for making inflation go up.
Posted on 1/4/23 at 7:15 pm to dovehunter
Not richer. Just no inflation hole.
Ruth’s went up at least 8%!
Ruth’s went up at least 8%!
Posted on 1/4/23 at 7:16 pm to dovehunter
Brother, you forgot to use the sarcasm font. Incoming, duck.
Posted on 1/4/23 at 7:20 pm to greygoose
Well if our politicians had the courage to NOT pay those who never contributed into the SS system we’d be ok. If the people who get benefits who were never supposed to be included were excluded we’d be fine. Inflation is the killer. When Jimmy Carter was president the average yearly SS increase was above 10%. Those are the unsustainable issues. The money the contributors get back is their money. The government just “safe guarded” it for 50 years.
Posted on 1/4/23 at 7:21 pm to greygoose
quote:
SSN is insolvent without drastically raising the age you can draw it AND raising FICA.
and among other things they can also stop paying spouses that have never worked and don't qualify on their own. Currently spouses who never worked but have been married 10 years collect half of their spouses Social Security while you are alive. So you get paid 1.5 times your benefit if your spouse never worked.
Posted on 1/4/23 at 7:21 pm to dovehunter
quote:With inflation caused by record government spending and massive amounts of money GIVEN to foreign governments, your "raise" just isn't keeping up. We are on a fast pace towards the austerity that Greece went thru. Hope you enjoy the riots.
I just got my new SS announcement of income increase. Not since Jimmy Carter has there been such growth in SS income. . Based on my increase 2 of us can go to Ruth’s Chris twice a month on Joe and the democrats. I might re-register as a democrat. Let’s geaux Brandon. Jimmy still has the record at 14.3% but Joe has 2 more tries. Come on Joe. I need a bottle of Caymus too.
Posted on 1/4/23 at 7:24 pm to SulphursFinest
quote:So you are the kind that attack the messenger, huh? You realize he was quoting the SSN trustees right?
Eric Boehm from Reason Magazine has you worried
Here's the same shite, but from a conservative publication:
LINK
quote:
But the insolvency of the Social Security Administration means that down the road big changes are inevitable in payroll taxes or benefits or both. These will not be good.
Posted on 1/4/23 at 7:26 pm to greygoose
Ban bet for 2033 if you’re right
Posted on 1/4/23 at 7:26 pm to Turf Taint
Well the benefit went up $276/month so unless my meals at Ruths went up more than $276/ month I’m to the good, right? I don’t have to go to Ruth’s. I could do Doe’s I guess or just stay home.
Posted on 1/4/23 at 7:26 pm to greygoose
quote:
Social Security will see negative cash flow of $147 billion this year, and the deficits will keep adding up as the population ages and there are fewer workers paying into the system relative to the number of retirees collecting benefits
Ponzi schemes usually fall apart eventually
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