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GOP social security plan

2001400ex
2001400ex Member Posts: 29,457
Let's cut from retirees in middle income brackets rather than increase taxes a couple percent on millionaires.

https://www.yahoo.com/finance/news/gop-introduces-plan-to-massively-cut-social-security-222200857.html
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Comments

  • doogie
    doogie Member Posts: 15,072
    edited December 2016
    More fake outrage manufactured from fake news right here is the USA!
  • 2001400ex
    2001400ex Member Posts: 29,457
    doogie said:

    More fake outrage manufactured from fake news right here is the USA!

    Is that like how the deficit doubled under Obama?
  • doogie
    doogie Member Posts: 15,072
    abandoning your pointless shitpost already?
  • dhdawg
    dhdawg Member Posts: 13,326
    edited December 2016
    privatize social security, privatize medicare. I hope all of you republican voters who paid into the system for 40 years enjoy having your benefits cut so we can stuff more money into the pockets of privative insures.
    Maybe trump if he follows through on his promise will stop it. but he hasn't come out against it yet and his transition team is full of privatizers
  • doogie
    doogie Member Posts: 15,072
    Why do you care what happens to me or Race with our benefits all of the sudden?
  • 2001400ex
    2001400ex Member Posts: 29,457
    doogie said:

    Why do you care what happens to me or Race with our benefits all of the sudden?

    I think you actually do care if your benefits are cut and given to wealthy friends of politicians. I can only imagine the screaming if Hillary announced people in her cabinet with ties to Goldman Sachs and Exxon.
  • dhdawg
    dhdawg Member Posts: 13,326
    doogie said:

    Why do you care what happens to me or Race with our benefits all of the sudden?

    I said I hope you enjoy it. because a lot of people rely on these programs.
  • doogie
    doogie Member Posts: 15,072
    2001400ex said:

    doogie said:

    Why do you care what happens to me or Race with our benefits all of the sudden?

    I think you actually do care if your benefits are cut and given to wealthy friends of politicians. I can only imagine the screaming if Hillary announced people in her cabinet with ties to Goldman Sachs and Exxon.
    What bank and energy company do you think she would have installed?
  • 2001400ex
    2001400ex Member Posts: 29,457
    doogie said:

    2001400ex said:

    doogie said:

    Why do you care what happens to me or Race with our benefits all of the sudden?

    I think you actually do care if your benefits are cut and given to wealthy friends of politicians. I can only imagine the screaming if Hillary announced people in her cabinet with ties to Goldman Sachs and Exxon.
    What bank and energy company do you think she would have installed?
    Huh?
  • doogie
    doogie Member Posts: 15,072
    America doesn't run without bankers and lowest cost/highest efficiency energy.

    Even you know that (right?)
  • Mosster47
    Mosster47 Member Posts: 6,246
    If they would stop paying out to people who don't deserve it and didn't earn it this wouldn't be a problem.

    W tried to stop it from operating like a Ponzi Scheme, but he had a terrible idea for the vehicle and the fund would have almost vanished within a year of it's implementation when the economy crashed.

    If they just had a fund that wasn't touched and only payed out benefits to those who contributed and based it on how long they paid in it would work fine. Like a 40 quarters = 50%, 120 quarters = 100% and prorate everything in between. Zero chance politicians would leave a pot of money that big alone though.
  • 2001400ex
    2001400ex Member Posts: 29,457
    doogie said:

    America doesn't run without bankers and lowest cost/highest efficiency energy.

    Even you know that (right?)

    Trump ran on a campaign of bringing in outsiders and people who would reject big business and big politicians. He blasted Hillary for talking about someone with ties to Goldman Sachs in her cabinet. Then.... He surrounds himself with big business and the president of Goldman Sachs.

    Are you really that oblivious or just stupid?
  • Fenderbender123
    Fenderbender123 Member Posts: 2,989
    Just a small step in the right direction of eliminating SS altogether.
  • UWhuskytskeet
    UWhuskytskeet Member Posts: 7,113

    Just a small step in the right direction of eliminating SS altogether.

    Agreed. If you can't work as a 95 year old widowed grandmother, you should just kill yourself.
  • doogie
    doogie Member Posts: 15,072
    2001400ex said:

    doogie said:

    America doesn't run without bankers and lowest cost/highest efficiency energy.

    Even you know that (right?)

    Trump ran on a campaign of bringing in outsiders and people who would reject big business and big politicians. He blasted Hillary for talking about someone with ties to Goldman Sachs in her cabinet. Then.... He surrounds himself with big business and the president of Goldman Sachs.

    Are you really that oblivious or just stupid?
    just ahead of you.

    you should stop worrying about how you believe others who don't think like you should worry about stuff that doesn't matter.
  • Fenderbender123
    Fenderbender123 Member Posts: 2,989
    edited December 2016

    Just a small step in the right direction of eliminating SS altogether.

    Agreed. If you can't work as a 95 year old widowed grandmother, you should just kill yourself.

    I have no problem with people providing financial assistance to a 95 year old widowed grandmother. I also have no problem with people planning for and saving up their own retirement so that they don't become old and poor. Just don't force people to do it. The use of force isn't the only solution.
  • 2001400ex
    2001400ex Member Posts: 29,457
    doogie said:

    2001400ex said:

    doogie said:

    America doesn't run without bankers and lowest cost/highest efficiency energy.

    Even you know that (right?)

    Trump ran on a campaign of bringing in outsiders and people who would reject big business and big politicians. He blasted Hillary for talking about someone with ties to Goldman Sachs in her cabinet. Then.... He surrounds himself with big business and the president of Goldman Sachs.

    Are you really that oblivious or just stupid?
    just ahead of you.

    you should stop worrying about how you believe others who don't think like you should worry about stuff that doesn't matter.
    Oh it doesn't matter when Trump walks back on his campaign. But Obama is a liar cause he didn't implement all his campaign promises.

    Shut the fuck up you partisan tool.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,188 Founders Club
    Thanks to government health care you don't have to worry about living to an old age
  • doogie
    doogie Member Posts: 15,072
    2001400ex said:

    doogie said:

    2001400ex said:

    doogie said:

    America doesn't run without bankers and lowest cost/highest efficiency energy.

    Even you know that (right?)

    Trump ran on a campaign of bringing in outsiders and people who would reject big business and big politicians. He blasted Hillary for talking about someone with ties to Goldman Sachs in her cabinet. Then.... He surrounds himself with big business and the president of Goldman Sachs.

    Are you really that oblivious or just stupid?
    just ahead of you.

    you should stop worrying about how you believe others who don't think like you should worry about stuff that doesn't matter.
    Oh it doesn't matter when Trump walks back on his campaign. But Obama is a liar cause he didn't implement all his campaign promises.

    Shut the fuck up you partisan tool.
    What matters is that you lost.

    It also matters that you don't understand why and continue to fight what you don't understand. But do what ya gotta do, man.
  • 2001400ex
    2001400ex Member Posts: 29,457

    Thanks to government health care you don't have to worry about living to an old age

    I hope government health care takes you out soon.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,188 Founders Club
    2001400ex said:

    Thanks to government health care you don't have to worry about living to an old age

    I hope government health care takes you out soon.
    Why don't you try it yourself, bitch?
  • UWhuskytskeet
    UWhuskytskeet Member Posts: 7,113

    Just a small step in the right direction of eliminating SS altogether.

    Agreed. If you can't work as a 95 year old widowed grandmother, you should just kill yourself.

    I have no problem with people providing financial assistance to a 95 year old widowed grandmother. I also have no problem with people planning for and saving up their own retirement so that they don't become old and poor. Just don't force people to do it. The use of force isn't the only solution.
    We saw what happens with voluntary pension plans during the great depression. SS was literally created in response to that failure.

    I'm sure there are compounds in North Idaho you can join if you want to skip out on taxes.
  • doogie
    doogie Member Posts: 15,072
    Social Security was designed as a ponzi scheme to generate immediate tax revenue for the US Government while promising nebulous future benefits steeped in deep emotional arguments.
  • 2001400ex
    2001400ex Member Posts: 29,457
    doogie said:

    Social Security was designed as a ponzi scheme to generate immediate tax revenue for the US Government while promising nebulous future benefits steeped in deep emotional arguments.

    Future benefits are not nebulous. They are clearly defined.
  • dhdawg
    dhdawg Member Posts: 13,326
    Mosster47 said:

    If they would stop paying out to people who don't deserve it and didn't earn it this wouldn't be a problem.

    W tried to stop it from operating like a Ponzi Scheme, but he had a terrible idea for the vehicle and the fund would have almost vanished within a year of it's implementation when the economy crashed.

    If they just had a fund that wasn't touched and only payed out benefits to those who contributed and based it on how long they paid in it would work fine. Like a 40 quarters = 50%, 120 quarters = 100% and prorate everything in between. Zero chance politicians would leave a pot of money that big alone though.

    Interesting idea but not even that is needed. Raise the Cao and there isn't a problem.

    I think the gop will end up means testing it. Which is great in theory but turns it into an actual entitlement that they can then actually campaign on slashing
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,188 Founders Club
    2001400ex said:

    doogie said:

    Social Security was designed as a ponzi scheme to generate immediate tax revenue for the US Government while promising nebulous future benefits steeped in deep emotional arguments.

    Future benefits are not nebulous. They are clearly defined.
    And clearly not funded
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    doogie said:

    Social Security was designed as a ponzi scheme to generate immediate tax revenue for the US Government while promising nebulous future benefits steeped in deep emotional arguments.

    Future benefits are not nebulous. They are clearly defined.
    And clearly not funded
    Actually if no changes are made, benefits will still be at 79% after 2039. A simple change is to add the tax in at $400k and end it at $1,000,000 in earnings.

    Regardless, Republicans are fighting an uphill battle.

    Reform still remains unpopular among the general public, as well. A March poll by the Pew Research Center found 7 in 10 Americans said Social Security benefits should not be reduced in any way.

    https://www.yahoo.com/finance/news/republican-lawmaker-floats-social-security-082716464.html
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,188 Founders Club
    So I was right
  • Fenderbender123
    Fenderbender123 Member Posts: 2,989
    edited December 2016

    Just a small step in the right direction of eliminating SS altogether.

    Agreed. If you can't work as a 95 year old widowed grandmother, you should just kill yourself.

    I have no problem with people providing financial assistance to a 95 year old widowed grandmother. I also have no problem with people planning for and saving up their own retirement so that they don't become old and poor. Just don't force people to do it. The use of force isn't the only solution.
    We saw what happens with voluntary pension plans during the great depression. SS was literally created in response to that failure.

    I'm sure there are compounds in North Idaho you can join if you want to skip out on taxes.
    Whatever we saw in the great depression was something to learn from and correct in one way or another. As was the case so many times in history, politicians stepped in and used the power of government to correct the problem, rather than letting free people correct it themselves. So it's not really fair to say that free people would not have corrected it themselves given that the demand to do so never had a chance to manifest because of the implementation of Social Security.
  • UWhuskytskeet
    UWhuskytskeet Member Posts: 7,113

    Just a small step in the right direction of eliminating SS altogether.

    Agreed. If you can't work as a 95 year old widowed grandmother, you should just kill yourself.

    I have no problem with people providing financial assistance to a 95 year old widowed grandmother. I also have no problem with people planning for and saving up their own retirement so that they don't become old and poor. Just don't force people to do it. The use of force isn't the only solution.
    We saw what happens with voluntary pension plans during the great depression. SS was literally created in response to that failure.

    I'm sure there are compounds in North Idaho you can join if you want to skip out on taxes.
    Whatever we saw in the great depression was something to learn from and correct in one way or another. As was the case so many times in history, politicians stepped in and used the power of government to correct the problem, rather than letting free people correct it themselves. So it's not really fair to say that free people would not have corrected it themselves given that the demand to do so never had a chance to manifest because of the implementation of Social Security.
    Free people responded by creating around 30 state-level SS-like programs, but as the depression worsened, many programs ran dry. The nation wide program was created in response since it is less susceptible to micro-level economic declines.