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Started By
Message
re: Social Security recipients to receive 3/4 payouts by 2035
Posted on 4/23/19 at 8:50 am to mmcgrath
Posted on 4/23/19 at 8:50 am to mmcgrath
quote:
The number of people joining the workforce now will form a "boomer" generation, greatly outnumbering the aging class by that time.
Do you have ANY idea how many Americans were born in the mid/late 1950s? And how many decades it took for us to get to those size birth cohorts again?
quote:
SS rates may even come down a bit.
0
Posted on 4/23/19 at 8:51 am to Revelator
We should start a class actin suit against both houses of Congress.
Posted on 4/23/19 at 8:52 am to Revelator
I am SHOCKED by this revelation.
Posted on 4/23/19 at 8:53 am to Ace Midnight
quote:
that is enforced by the government at the figurative point of a gun.
Nothing figurative about it.
Posted on 4/23/19 at 8:54 am to dakarx
Realistically, they will have to begin raising FRA a month for every year that passes. Jeb Bush had this plan.
I don’t like it anymore than anyone else but it’s better than them raising taxes so they can just raid the account even more.
I don’t like it anymore than anyone else but it’s better than them raising taxes so they can just raid the account even more.
Posted on 4/23/19 at 9:01 am to mmcgrath
quote:
I doubt it. The number of people joining the workforce now will form a "boomer" generation, greatly outnumbering the aging class by that time. SS rates may even come down a bit.
Can you explain this?
Posted on 4/23/19 at 9:04 am to Shepherd88
quote:
Realistically, they will have to begin raising FRA a month for every year that passes.
As long as it is based in actuarial reality, folks shouldn't have a huge problem with it. But, it remains the third rail of politics. It will, therefore, be treated like a hot potato/musical chairs type situation so one side or the other can assign blame for the changes.
Posted on 4/23/19 at 9:05 am to HailToTheChiz
quote:
No because it's my money coming back to me in a sense
Aren’t all social programs (besides full on welfare) basically this?
This post was edited on 4/23/19 at 9:07 am
Posted on 4/23/19 at 9:05 am to Revelator
Looks like we need to protest
Posted on 4/23/19 at 9:12 am to Revelator
If I get 3/4 of SS in 2035 I will shite a gold brick in excitement.
Posted on 4/23/19 at 9:13 am to Revelator
I’ll be in Glory; y’all enjoy, though.
This post was edited on 4/23/19 at 9:16 am
Posted on 4/23/19 at 9:14 am to Revelator
Don't care...
I'll be dead by then
Posted on 4/23/19 at 9:14 am to OceanMan
quote:Millennials in the workforce already outnumber Gen-Xers. Now we can push the younger labor force numbers once Trump is gone and we open up immigration.
Can you explain this?
Posted on 4/23/19 at 9:14 am to Revelator
I’ll bet they’ll means test it before that happens
Posted on 4/23/19 at 9:20 am to mmcgrath
quote:
mmcgrath
Should SS be mandatory or voluntary?
Posted on 4/23/19 at 9:24 am to Revelator
I figure up one day that I would have to draw my railroad retirement, it's akin to SS but pays more, for seven years for me to get back what I put into it.
Posted on 4/23/19 at 9:25 am to mmcgrath
quote:
Millennials in the workforce already outnumber Gen-Xers.
Generation-Xers are not yet SS retirement age. Gillions of Boomers are, with the huge cohorts just now coming on the rolls.
quote:
open up immigration
Illegal immigrants are crashing other parts of the entitlement system, not shoring up SS with their identity theft.
This post was edited on 4/23/19 at 9:26 am
Posted on 4/23/19 at 9:28 am to Revelator
quote:
Well the government doesn't allow citizens to opt out of the system and privately invest the money taken by SS
Not only that, but the government uses the money that citizens are forced to pay into the program to generate interest in order to further fund the general fund.
Posted on 4/23/19 at 9:29 am to Revelator
I’m shocked. Totally shocked
Posted on 4/23/19 at 9:31 am to mmcgrath
quote:
Now we can push the younger labor force numbers once Trump is gone and we open up immigration.
Does labor force = social security contributors?
quote:
Millennials in the workforce already outnumber Gen-Xers.
In 2035, the oldest millennials will be approaching retirement. Isn’t the post millennial generation “labor force” the one we should be focused on if projecting 20+ years down the road?
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