GOP social security plan
Comments
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Why don't you try it yourself, bitch?2001400ex said:
I hope government health care takes you out soon.RaceBannon said:Thanks to government health care you don't have to worry about living to an old age
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We saw what happens with voluntary pension plans during the great depression. SS was literally created in response to that failure.Fenderbender123 said:UWhuskytskeet said:
Agreed. If you can't work as a 95 year old widowed grandmother, you should just kill yourself.Fenderbender123 said:Just a small step in the right direction of eliminating SS altogether.
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.
I'm sure there are compounds in North Idaho you can join if you want to skip out on taxes. -
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.
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Future benefits are not nebulous. They are clearly defined.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.
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Interesting idea but not even that is needed. Raise the Cao and there isn't a problem.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.
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 -
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.RaceBannon said:
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 -
So I was right
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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 said:
We saw what happens with voluntary pension plans during the great depression. SS was literally created in response to that failure.Fenderbender123 said:UWhuskytskeet said:
Agreed. If you can't work as a 95 year old widowed grandmother, you should just kill yourself.Fenderbender123 said:Just a small step in the right direction of eliminating SS altogether.
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.
I'm sure there are compounds in North Idaho you can join if you want to skip out on taxes. -
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.Fenderbender123 said:
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 said:
We saw what happens with voluntary pension plans during the great depression. SS was literally created in response to that failure.Fenderbender123 said:UWhuskytskeet said:
Agreed. If you can't work as a 95 year old widowed grandmother, you should just kill yourself.Fenderbender123 said:Just a small step in the right direction of eliminating SS altogether.
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.
I'm sure there are compounds in North Idaho you can join if you want to skip out on taxes.
