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re: Why is there so little outrage over social security for our current generations?
Posted on 4/15/17 at 1:05 pm to TimeOutdoors
Posted on 4/15/17 at 1:05 pm to TimeOutdoors
quote:Well that right there is a whole heaping pile of steaming bullshite.
I think because most people these days are saving and investing on their own so they don't have to worry about social security.
0
Posted on 4/15/17 at 1:18 pm to TennesseeFan25
well i'm almost 56 and have paid in the maximum since i was 26, since i'm only 8-9 years from receiving it i like it and don't want it messed with, that said
get your arse out on that corner and go make my money biotch!
get your arse out on that corner and go make my money biotch!
Posted on 4/15/17 at 1:21 pm to TennesseeFan25
Because it will never go away. They'll just up the taxes to keep it afloat. Unfortunately those are going to be some big increases when it has to happen.
Posted on 4/15/17 at 1:23 pm to tedmarkuson
quote:
well i'm almost 56 and have paid in the maximum since i was 26, since i'm only 8-9 years from receiving it i like it and don't want it messed with
As much as I like to shite on Boomers, I actually don't have an issue with this. You were made promises, and short of extreme circumstances, those promises should be kept as best as possible.
I think the only way to fix the system is to bite the bullet and create a phase out paradigm in which young people don't pay in while the current/pending payouts are paid for by spending cuts. It would be extremely hard for a decade or so, but it's the only reasonable fix.
Posted on 4/15/17 at 1:31 pm to mahdragonz
quote:
And for that very reason it will never be privatized to end up like trump air or trump university. .
Or the whims of the NYSE.
If anything, everyone will have to take a percentage less than they should.
Posted on 4/15/17 at 1:34 pm to TennesseeFan25
They're too busy worrying about Gender neutral pronouns and Bathrooms.....
Posted on 4/15/17 at 1:36 pm to TennesseeFan25
quote:
It's pretty clear we are all paying a decent bit into something that will never be available for us
This is a popular yet patently false meme
Posted on 4/15/17 at 1:39 pm to ShortyRob
quote:
This is a popular yet patently false meme
Patently? Meh. Kind of, yes.
It will be insolvent by 2035 IIRC if nothing is changed. By changing it I mean reducing payouts or increasing age. It will probably be there- assuming someone touches that third rail by 2035. It's a big game of chicken.
Posted on 4/15/17 at 1:52 pm to TennesseeFan25
quote:
Why does it seem that is a-ok to most everyone?
Because we're run by baby boomers that will receive SS benefits.
Posted on 4/15/17 at 1:56 pm to NYNolaguy1
quote:which has been done before and people live longer.
reducing payouts or increasing age. It
That's different than the op assertion
Posted on 4/15/17 at 1:58 pm to TennesseeFan25
Because the boomers brainwashed their kids that socialism is ok.
Posted on 4/15/17 at 2:50 pm to Lawyered
quote:
They're too busy worrying about Gender neutral pronouns and Bathrooms.....
Don't worry, I have time to worry about gender neutral pronouns and bathrooms, Social Security, and likely still have as much or more saved for retirement than you had at my age
Posted on 4/15/17 at 2:53 pm to TennesseeFan25
quote:
It's pretty clear we are all paying a decent bit into something that will never be available for us. Why does it seem that is a-ok to most everyone?
i think it's a forgone conclusion that SS won't be there by the time that i (35 y.o., at least 20 more years of work) retire, but that doesn't mean that i'm not okay with paying into it....
i care about those that need it right now, the generations before us, that set up the country that i can enjoy today... without their work and sacrifice, who knows what America would be like today, plus, just on a humanistic level, it's okay to help others outside ourselves, even if that means that we have to take the "L"...
Posted on 4/15/17 at 2:53 pm to ShortyRob
quote:
That's different than the op assertion
I agree with most of that.
But I think we both agree it's setup as a slow moving depreciating Ponzi scheme. The longer it goes on the less and less it becomes sustainable. You can only reduce payments or increase age so much to keep it afloat indefinitely.
Posted on 4/15/17 at 2:54 pm to TennesseeFan25
quote:
pretty clear we are all paying a decent bit into something that will never be available for us. Why does it seem that is a-ok to most everyone?
The ones that get have given up
The others are voting for communism
Posted on 4/15/17 at 2:59 pm to chRxis
quote:
i care about those that need it right now, the generations before us, that set up the country that i can enjoy today... without their work and sacrifice, who knows what America would be like today, plus, just on a humanistic level, it's okay to help others outside ourselves, even if that means that we have to take the "L"...
You mean the people that got us into this financial mess to begin with? You do realize we are $20 trillion in debt.
Posted on 4/15/17 at 3:29 pm to Azazello
quote:
You mean the people that got us into this financial mess to begin with? You do realize we are $20 trillion in debt.
Its hard to take young people seriously when they correctly complain about exploding deficits while simultaneously politically supporting or PUSHING nearly every new spending idea the left can dream up.
Posted on 4/15/17 at 3:29 pm to TennesseeFan25
Because I knew the 1st day of my 1st job that I would never see what I put in. I wasn't swindled, I was robbed with advance notice.
Posted on 4/15/17 at 3:34 pm to TennesseeFan25
I'm so glad that Louisiana doesn't force me to pay into that program.
Posted on 4/15/17 at 3:42 pm to Joshjrn
quote:what middle class person is only paying $5k? I pay about $30k
If the average middle class person had to write a $5k+ check to the government every year,
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