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Started By
Message
1
Posted on 7/15/23 at 10:38 pm to TIGERHOLD
quote:
That’s a refreshing take. Social security and Medicare have not helped this country at all—quite the opposite.
Entitlements need to end. Sorry boomers.
I’m all for small government but can see the value of social security if it functioned as intended. It’s a safety net not a retirement fund so that once people reach an age that they physically or mentally can’t work and find themselves in the unfortunate situation to not have a retirement fund and no kids to help them out they aren’t left with the only option being begging on the street corner or a bullet in the head.
Currently everyone draws on it, rich poor and everything in between. It really should have a means test and only those who need it draw on it. Then lower the premiums everyone pays since not nearly the same amount will be drawing on it. And then it would function as the safety net as intended not a forced retirement plan that people tend to treat it as.
Posted on 7/15/23 at 10:58 pm to DavidTheGnome
Our childrens children will still receive SS
Posted on 7/15/23 at 11:06 pm to JJJimmyJimJames
quote:
Our childrens children will still receive SS
As long as there is a United States of America and politicians want to be reelected.
Posted on 7/15/23 at 11:32 pm to the808bass
quote:
Ron DeSantis authored a paper in 2000 where he called Social Security a “Ponzi scheme.”
He isn’t wrong. But you can’t leave the people that paid into it out to dry. What’s the solution?
Posted on 7/15/23 at 11:38 pm to the808bass
quote:
Ron DeSantis authored a paper in 2000 where he called Social Security a “Ponzi scheme.”
That’s some GOPe shite if I’ve ever seen it. He probably signed it “Sincerely, Globohomo” then sent it to the WEF.
Posted on 7/15/23 at 11:58 pm to TrueTiger
quote:
Bush tried it an got crucified.
and he had a good idea. privatize it or a portion of it.
right now all of us who have paid into this shite scheme are at a negative return on our money. we have not seen a dime.
unfortunately it is a loser with voters. many now who have paid in for so long want their money. i do not blame them. government will not let you opt out then frick them. pay us our money you owe. or they can pay me what i have paid in and we can call it even. FDR was a lying POS for creating this. there was no demand for it.
Posted on 7/16/23 at 12:05 am to BBONDS25
quote:
But you can’t leave the people that paid into it out to dry.
Why? it's not a retirement plan or investment fund.
It's a tax and a social safety net program. All taxes and social programs are "ponzi schemes" in that regard.
Posted on 7/16/23 at 12:12 am to BeepNode
quote:
But you can’t leave the people that paid into it out to dry.
Why? it's not a retirement plan or investment fund.
Why? Because a huge portion of voters don't understand this and do in fact expect it for their retirement.
One needs to remember that facts don't mean a lot to many voters and a large number of them are functional morons.
Posted on 7/16/23 at 12:27 am to Fat Bastard
quote:
many now who have paid in for so long want their money.
It’s not a 401k, you aren’t guaranteed a specific amount. If you retire and then die right after receiving your first SS check that’s just the way it is. And if you live to be 110 and draw out way more than you paid in that’s just the way it is.
It’s a safety net to keep the elderly from begging on the streets, but you don’t have an account with your amount paid in and then can expect to get that exact amount back plus interest. That’s just not how it works.
Posted on 7/16/23 at 6:55 am to BBONDS25
quote:
What’s the solution?
One of the solutions is in the post you are responding to.
Posted on 7/16/23 at 6:59 am to TIGERHOLD
quote:
Entitlements need to end. Sorry boomers.
I fully agree. Just settle up with me. Pay back all the money I paid into SS and Medicare for which I received NOTHING, and we will call it even.
Posted on 7/16/23 at 6:59 am to La Place Mike
quote:
Do you think Boomers started Social Security
No
quote:
and Medicare
They were liberal voters when this passed, so they certainly helped.
Regardless members have been in power for about 30 years, maybe longer and they did nothing to address the problem.
Posted on 7/16/23 at 7:00 am to Pu2kph0
quote:
Just settle up with me. Pay back all the money I paid into SS and Medicare for which I received NOTHING, and we will call it even.
That's not how welfare works.
Also do you believe that people should be cut off receiving funds when they have received as much as they put in? Is that the policy that you want to sell to old people?
Posted on 7/16/23 at 7:02 am to Fat Bastard
quote:
right now all of us who have paid into this shite scheme are at a negative return on our money. we have not seen a dime.
That's how all welfare works.
That's why we don't like Leftist economic policies.
Trump is promoting the continuation of this Leftism. He's buying votes like a goddamn Democrat
Posted on 7/16/23 at 7:04 am to the808bass
quote:
In that paper, he proposed to raise the retirement age to 70,
I don't understand the angst against this because it has to happen to SS in order to save it.
It will negatively affect me, but it still has to occur.
Posted on 7/16/23 at 7:04 am to SlowFlowPro
quote:
That's not how welfare works.
It’s not welfare. Look it up.
quote:
Also do you believe that people should be cut off receiving funds when they have received as much as they put in? Is that the policy that you want to sell to old people?
Not what I meant. I meant give me the money I paid in and let me invest it. You will never hear from me again.
Posted on 7/16/23 at 7:05 am to TIGERHOLD
quote:
Entitlements need to end. Sorry boomers.
I'd be curious how you would end them though. It think something has to be done too, don't get me wrong, but I have paid in almost 200k into SS now and I am 45 and starting to actually make good money. Does your plan giving me a lump sum of cash that allows for inflation during that time? Since I've been paying in, that money would have doubled at least 7 or 8 times as I have gone through the tech boom of the market and the social media boom of the market.
What about Medicare/Medicaid? I've paid into it for 32 years also. Is that just going to go away?
Posted on 7/16/23 at 7:06 am to Pu2kph0
quote:
It’s not welfare.
quote:
Look it up.
Can current SS payments to recipients be funded without current contributions from workers? For how long?
quote:
Not what I meant. I meant give me the money I paid in and let me invest it.
I know what you meant.
The corollary means that you believe people should only receive what they put into the system and should be cut off after.
This post was edited on 7/16/23 at 7:07 am
Posted on 7/16/23 at 7:11 am to DavidTheGnome
quote:
but it’s not a retirement plan and people need to stop considering it to be one.
Well then you go right ahead and explain that to the 90% of people who think it is.
Tape it please.
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