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RE: social security is broke - 8/8/2015 5:16:17 PM   
Lucylastic


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Got a link jvov? Just to help a Lucy out?

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RE: social security is broke - 8/8/2015 5:18:22 PM   
Politesub53


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quote:

ORIGINAL: JVoV

Looking at the demographics and the parties' platforms, the claim isn't so farfetched.


Thats the claim, its also the bullshit......

(in reply to JVoV)
Profile   Post #: 22
RE: social security is broke - 8/8/2015 6:12:46 PM   
epiphiny43


Posts: 688
Joined: 10/20/2006
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How many old folks aren't on Medicare and often drawing food stamps? It's less than half, maybe?
As cost of living generally and housing in particular continues to outstrip any increases written into most 'fixed incomes', SS or private pension plan, more people are seeing the dangers of corporate control of government agenda. Conservative old folks with low incomes really need to study more on the actual programs congress keeps voting into place. One of the stronger theories about the Fall of Rome was how the rich families controlling the Senate ended up with all the land and food production then exempted themselves from taxation. Exactly what is happening today as the financial interests accelerate concentration of wealth in the US. Well-to-do older folks best have good positions in the markets or they may soon join the distressed group they now look down on as shiftless.

(in reply to Politesub53)
Profile   Post #: 23
RE: social security is broke - 8/8/2015 6:34:36 PM   
JVoV


Posts: 3680
Joined: 3/9/2015
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No, I don't have a link, Lucy. Only experience & anecdotal evidence. Of course, other factors are always involved in how people vote, but income level is a major factor.

(in reply to epiphiny43)
Profile   Post #: 24
RE: social security is broke - 8/8/2015 6:39:50 PM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
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quote:

ORIGINAL: bounty44
this was indeed one of the topics brought up in the "debate" the other night. its too bad everyone didn't get a chance to weigh-in. chris Christie believes in raising the retirement age, and doing means-testing.
mike Huckabee believes that social security can be wholly funded by a consumption tax.
if i am remembering rightly, rand paul, though he didn't mention it on stage---has said before he believes his tax system could eliminate the payroll taxes and still fully fund social security.
personally, i think id like to see social security phased out completely and have people be able to keep the money they earn and invest it for retirement as they see fit.
there'd have to be an awful lot of emphasis on investing and retirement education in the early high school years...and encouragement too.
and then someone would have to come up with the answer to the question, what do you do with the folks who perhaps didn't plan for their golden years.


The main problem with getting rid of Social Security is in how pervasive it is in our culture. There are people who are banking on SS to fund their retirement. That means, they aren't doing anything on their own. If we got rid of SS and left it up to the people who earned the money, there would be a generation or two that would be fucked, before the post-SS culture took hold and people started taking care of themselves. In the meantime, though, things would go to shit.

I'd be more likely to support SS going the way of personalized retirement accounts, like W wanted.


_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to bounty44)
Profile   Post #: 25
RE: social security is broke - 8/8/2015 6:58:59 PM   
Real0ne


Posts: 21189
Joined: 10/25/2004
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quote:

ORIGINAL: Politesub53


quote:

ORIGINAL: JVoV

Looking at the demographics and the parties' platforms, the claim isn't so farfetched.


Thats the claim, its also the bullshit......




wanna see some really good bullshit?

ARTICLE 2
http://www.ssa.gov/international/Agreement_Texts/uk.html

How did queenie get jurisdiction over what we want to believe is the the land of the free he he he he he!

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Yesterdays tinfoil is today's reality!

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(in reply to Politesub53)
Profile   Post #: 26
RE: social security is broke - 8/8/2015 7:04:10 PM   
Real0ne


Posts: 21189
Joined: 10/25/2004
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quote:

ORIGINAL: DesideriScuri

The main problem with getting rid of Social Security is in how pervasive it is in our culture. There are people who are banking on SS to fund their retirement. That means, they aren't doing anything on their own. If we got rid of SS and left it up to the people who earned the money, there would be a generation or two that would be fucked, before the post-SS culture took hold and people started taking care of themselves. In the meantime, though, things would go to shit.

I'd be more likely to support SS going the way of personalized retirement accounts, like W wanted.



several problems with that. while I agree that its a better way to go, inflation would go right out of sight. We have similar now with the roth and other ira's that we can put on the market so they know just when to pull the milking triggers lol

You forget its a government program and a government created culture. blaming the people is so wrong since it was sold to them as an insurance policy and with that all property became socialist.

If you paid into an insurance plan you would want to sit back and reap the promised benefits as well. I still have relatives who remember the original sales pitches on the radio.

_____________________________

"We the Borg" of the us imperialists....resistance is futile

Democracy; The 'People' voted on 'which' amendment?

Yesterdays tinfoil is today's reality!

"No man's life, liberty, or property is safe while the legislature is in session

(in reply to DesideriScuri)
Profile   Post #: 27
RE: social security is broke - 8/8/2015 7:08:12 PM   
RottenJohnny


Posts: 1677
Joined: 5/5/2006
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quote:

ORIGINAL: bounty44

this was indeed one of the topics brought up in the "debate" the other night. its too bad everyone didn't get a chance to weigh-in. chris Christie believes in raising the retirement age, and doing means-testing.

mike Huckabee believes that social security can be wholly funded by a consumption tax.

if i am remembering rightly, rand paul, though he didn't mention it on stage---has said before he believes his tax system could eliminate the payroll taxes and still fully fund social security.

personally, i think id like to see social security phased out completely and have people be able to keep the money they earn and invest it for retirement as they see fit.

there'd have to be an awful lot of emphasis on investing and retirement education in the early high school years...and encouragement too.

and then someone would have to come up with the answer to the question, what do you do with the folks who perhaps didn't plan for their golden years.

All I want is the right to opt out of the entire system. I'll fund my own retirement with the proceeds from not paying those taxes, thank you very much.

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(in reply to bounty44)
Profile   Post #: 28
RE: social security is broke - 8/8/2015 7:19:25 PM   
SirMatty1


Posts: 27
Joined: 2/22/2015
Status: offline
Social security is only broke because the taxpayers are subsidizing business.

Welcome to your new home where people worked for minimum wage at $80 a day doing back breaking work with no paid vacations and
from that money you can't even rent a one bedroom apartment.

For as long as work (see work in construction) doesn't pay for a living and needs government support, the whole republican fra80ction needs to shut up.

If you think otherwise, spend 8 weeks on a roofing job at minimum wage and get by.
That is likely $80 minus gas, minus toll fees, minus ruined clothes etc.
And you haven't eaten yet.

The only way Republican Bastards get away with that is having their smaller Government pay for their fortune.

(in reply to RottenJohnny)
Profile   Post #: 29
RE: social security is broke - 8/9/2015 3:41:35 AM   
bounty44


Posts: 6374
Joined: 11/1/2014
Status: offline
quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: bounty44
this was indeed one of the topics brought up in the "debate" the other night. its too bad everyone didn't get a chance to weigh-in. chris Christie believes in raising the retirement age, and doing means-testing.
mike Huckabee believes that social security can be wholly funded by a consumption tax.
if i am remembering rightly, rand paul, though he didn't mention it on stage---has said before he believes his tax system could eliminate the payroll taxes and still fully fund social security.
personally, i think id like to see social security phased out completely and have people be able to keep the money they earn and invest it for retirement as they see fit.
there'd have to be an awful lot of emphasis on investing and retirement education in the early high school years...and encouragement too.
and then someone would have to come up with the answer to the question, what do you do with the folks who perhaps didn't plan for their golden years.


The main problem with getting rid of Social Security is in how pervasive it is in our culture. There are people who are banking on SS to fund their retirement. That means, they aren't doing anything on their own. If we got rid of SS and left it up to the people who earned the money, there would be a generation or two that would be fucked, before the post-SS culture took hold and people started taking care of themselves. In the meantime, though, things would go to shit.

I'd be more likely to support SS going the way of personalized retirement accounts, like W wanted.



I don't disagree it would take a generation or two in order for the paradigm to shift psychologically and in the meantime, lots of people would shoot themselves in the foot. that's why I posed the question of what do we do with them until everyone got their acts together.

by "personalized retirement accounts", are you meaning its still a government induced program in that its still "mandated" somehow, but it just goes to where each individual person wants it, as opposed to government coffers?


< Message edited by bounty44 -- 8/9/2015 3:45:43 AM >

(in reply to DesideriScuri)
Profile   Post #: 30
RE: social security is broke - 8/9/2015 4:33:50 AM   
quizzicalkitten


Posts: 312
Status: offline

quote:

ORIGINAL: Lucylastic

Please back up your claim regarding party vs recipient.....



Sure,

I do this thing called ask people in my area who did you vote for....

and those who get social security mostly said they voted for republicans
those one welfare said democrat...


OR

you could use logic...

IF ONE guy says hes going to cut your funding (republican) and the other guy isnt (Democrat) chances are overwhelmingly that your going to vote for the guy who isnt going to cut your funding



But... Ya know.... Why would people follow that kinda logic, its just silly your right...

Or theres these that kinda say it to... but again... Why would anyone actually do that...


http://www.pewresearch.org/fact-tank/2013/07/12/the-politics-and-demographics-of-food-stamp-recipients/

http://rare.us/story/81-of-people-receiving-public-housing-benefits-vote-democratic-and-thats-just-the-tip-of-the-handout-iceberg/

http://super-economy.blogspot.com/2012/02/do-welfare-recipients-mostly-vote.html

http://www.theatlantic.com/business/archive/2012/09/the-47-who-they-are-where-they-live-how-they-vote-and-why-they-matter/262506/

https://www.debt.org/faqs/americans-in-debt/economic-demographics-democrats/

(in reply to Lucylastic)
Profile   Post #: 31
RE: social security is broke - 8/9/2015 6:14:40 AM   
Lucylastic


Posts: 40310
Status: offline
You said it was silly not me but lol.
thank you.

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Profile   Post #: 32
RE: social security is broke - 8/9/2015 6:18:20 AM   
KenDckey


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Joined: 5/31/2006
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http://hosted.ap.org/dynamic/stories/U/US_SOCIAL_SECURITY_AT_80?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT

Meanwhile back on point from the ap

quote:

As Social Security approaches its 80th birthday Friday, the federal government's largest benefit program stands at a pivotal point in its history.

Relatively modest changes to taxes and benefits could still save it for generations of Americans to come, but Congress must act quickly, and even limited changes are politically difficult.

(in reply to Lucylastic)
Profile   Post #: 33
RE: social security is broke - 8/9/2015 6:43:09 AM   
bossman777


Posts: 65
Joined: 11/25/2011
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And don't forget that conservatives give far more to charity than the supposed caring, loving, democrat. There's been plenty published on that in recent years. Check out http://www.nytimes.com/2008/12/21/opinion/21kristof.html?_r=0 for example.

The same is true even in giving of blood! "If liberals and moderates gave blood as often as conservatives, Mr. Brooks said, the American blood supply would increase by 45 percent."

It's pretty clear to me that political leftists (I hate using the term 'liberal' for leftists because they are anything but) are the stingy, selfish, greedy persons they like to accuse conservatives of being. They're truly only generous with other people's money.

(in reply to quizzicalkitten)
Profile   Post #: 34
RE: social security is broke - 8/9/2015 8:16:52 AM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: bounty44
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: bounty44
this was indeed one of the topics brought up in the "debate" the other night. its too bad everyone didn't get a chance to weigh-in. chris Christie believes in raising the retirement age, and doing means-testing.
mike Huckabee believes that social security can be wholly funded by a consumption tax.
if i am remembering rightly, rand paul, though he didn't mention it on stage---has said before he believes his tax system could eliminate the payroll taxes and still fully fund social security.
personally, i think id like to see social security phased out completely and have people be able to keep the money they earn and invest it for retirement as they see fit.
there'd have to be an awful lot of emphasis on investing and retirement education in the early high school years...and encouragement too.
and then someone would have to come up with the answer to the question, what do you do with the folks who perhaps didn't plan for their golden years.

The main problem with getting rid of Social Security is in how pervasive it is in our culture. There are people who are banking on SS to fund their retirement. That means, they aren't doing anything on their own. If we got rid of SS and left it up to the people who earned the money, there would be a generation or two that would be fucked, before the post-SS culture took hold and people started taking care of themselves. In the meantime, though, things would go to shit.
I'd be more likely to support SS going the way of personalized retirement accounts, like W wanted.

I don't disagree it would take a generation or two in order for the paradigm to shift psychologically and in the meantime, lots of people would shoot themselves in the foot. that's why I posed the question of what do we do with them until everyone got their acts together.
by "personalized retirement accounts", are you meaning its still a government induced program in that its still "mandated" somehow, but it just goes to where each individual person wants it, as opposed to government coffers?


It would still be under government's umbrella, but completely separate, and not possible to "unseparate." Yes, workers are "forced" to have a retirement account, but it'd be more solvent.

That wouldn't fund SSDI, though.


_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to bounty44)
Profile   Post #: 35
RE: social security is broke - 8/9/2015 9:26:47 AM   
bounty44


Posts: 6374
Joined: 11/1/2014
Status: offline
it rubs a little against my libertarian type grain, but id be willing to compromise that a bit knowing that so many people wouldn't take care of things and it would create chaos.

are you thinking the personal account would be with a private investment firm? if so, the person's choice, or the governments?

(in reply to DesideriScuri)
Profile   Post #: 36
RE: social security is broke - 8/9/2015 9:30:59 AM   
Lucylastic


Posts: 40310
Status: offline
If you make over a certain level is completely within government auspice

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Profile   Post #: 37
RE: social security is broke - 8/9/2015 3:00:40 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline

quote:

ORIGINAL: KenDckey

http://hosted.ap.org/dynamic/stories/U/US_SOCIAL_SECURITY_AT_80?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT

Meanwhile back on point from the ap

quote:

As Social Security approaches its 80th birthday Friday, the federal government's largest benefit program stands at a pivotal point in its history.

Relatively modest changes to taxes and benefits could still save it for generations of Americans to come, but Congress must act quickly, and even limited changes are politically difficult.


As I wrote: At the end of 2014, the Trust Fund contained (or alternatively, was owed) $2.79 trillion, up $25 billion from 2013. The Trust Fund is required by law to be invested in non-marketable securities issued and guaranteed by the "full faith and credit" of the federal government. These securities earn a market rate of interest.

Excess funds are used by the government for non-Social Security purposes, creating the obligations to the Social Security Administration and thus program recipients.

Trust Fund obligations are considered "intra-governmental" debt, a component of the "public" or "national" debt. As of June 2015, the intragovernmental debt was $5.1 trillion of the $18.2 trillion national debt. $5.1 Trillion !!

By 2034, the Trust Fund is expected to be exhausted.

Clearly, social security is NOT broke. The full faith and credit of the US is behind it hey !! Like I also asked...who is going to pay for it come 2034 ?

We are AGAIN !!

(in reply to KenDckey)
Profile   Post #: 38
RE: social security is broke - 8/9/2015 4:23:48 PM   
Politesub53


Posts: 14862
Joined: 5/7/2007
Status: offline

quote:

ORIGINAL: Real0ne


quote:

ORIGINAL: Politesub53


quote:

ORIGINAL: JVoV

Looking at the demographics and the parties' platforms, the claim isn't so farfetched.


Thats the claim, its also the bullshit......




wanna see some really good bullshit?

ARTICLE 2
http://www.ssa.gov/international/Agreement_Texts/uk.html

How did queenie get jurisdiction over what we want to believe is the the land of the free he he he he he!


I believe I have called you a fucking idiot in the past. So go figure what I am thinking right now. Do you have any clue as to what you have posted a link to ? what its about ? what it makes possible ? how it is used ? It is simply an agreement between two nations regarding the payment of certain benefits when people from one nation are visiting, or staying in, the other nation. Is that too hard for your brain to fucking comprehend ?

As for your Queenie remark, even a three year old could tell you the link has fuck all to do with the Royal Family.

The majority of bollocks you post has no credibility, from your claim that Bush and Co attacked the twin towers, to your claim that nazi death camps had olymic size swimming pools.

(in reply to Real0ne)
Profile   Post #: 39
RE: social security is broke - 8/9/2015 4:48:57 PM   
JVoV


Posts: 3680
Joined: 3/9/2015
Status: offline

quote:

ORIGINAL: bossman777

And don't forget that conservatives give far more to charity than the supposed caring, loving, democrat. There's been plenty published on that in recent years. Check out http://www.nytimes.com/2008/12/21/opinion/21kristof.html?_r=0 for example.

The same is true even in giving of blood! "If liberals and moderates gave blood as often as conservatives, Mr. Brooks said, the American blood supply would increase by 45 percent."

It's pretty clear to me that political leftists (I hate using the term 'liberal' for leftists because they are anything but) are the stingy, selfish, greedy persons they like to accuse conservatives of being. They're truly only generous with other people's money.


I'm gonna give you a big 'Fuck off' about the donating blood thing right now.

http://m.redcrossblood.org/m/eligibility/criteria-by-topic#lifestyle

quote:

The top priorities of the American Red Cross are the safety of our volunteer blood donors and the ultimate recipients of blood. On June 11, 2010, the Department of Health and Human Services Secretary's Advisory Committee on Blood Safety and Availability voted against recommending a change to the Food and Drug Administration (FDA) policy of a lifetime deferral for men who have sex with other men. The FDA is responsible for determining donor eligibility requirements and the Red Cross is required to follow their decisions. However, the Red Cross does support the use of rational, scientifically-based deferral periods that are applied fairly and consistently among donors who engage in similar risk activities. We will continue to work through the AABB (American Association of Blood Banks) to press for donor deferral policies that are fair and consistent and based on scientific evidence, while still protecting patients from potential harm.

(in reply to bossman777)
Profile   Post #: 40
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