Great breakdown of the vote and how we? are losing.

What does it say?

RaceBannon said:

The GOP wants to take away my social security

It was all over Twitter

GOP about to lose that one too

I like Race's view of pay my social security bitch to leftard youngsters. I'd feel bad if I hadn't paid into social security at the max rate for decades and would be better off if I had stuck it into a S&P 500 fund. I paid for me and my parents and then some.

SFGbob said:

WestlinnDuck said:

RaceBannon said:

The GOP wants to take away my social security

It was all over Twitter

GOP about to lose that one too

I like Race's view of pay my social security bitch to leftard youngsters. I'd feel bad if I hadn't paid into social security at the max rate for decades and would be better off if I had stuck it into a S&P 500 fund. I paid for me and my parents and then some.

Run the numbers sometime to see what kind of nest egg you'd have if you would have been able to put even half of what you were forced to contribute to Social Security along with half of your employer contribution into the S&P 500 from the start of your working years. It will either make you ill or pissed or both.

But bipoc won't do that and will be poor so this is for the good of everybody

Bob_C said:

SFGbob said:

WestlinnDuck said:

RaceBannon said:

The GOP wants to take away my social security

It was all over Twitter

GOP about to lose that one too

I like Race's view of pay my social security bitch to leftard youngsters. I'd feel bad if I hadn't paid into social security at the max rate for decades and would be better off if I had stuck it into a S&P 500 fund. I paid for me and my parents and then some.

Run the numbers sometime to see what kind of nest egg you'd have if you would have been able to put even half of what you were forced to contribute to Social Security along with half of your employer contribution into the S&P 500 from the start of your working years. It will either make you ill or pissed or both.

It is such a scam. Not only do you lose on opportunity cost of investing in the stock market over the long haul, but the forced investment of SS $ into bonds creates an ongoing guaranteed market which keeps the price of bonds artificially low. Which in turn allows the government to run even bigger deficits that drives up inflation making the bonds worth even less.

There are no social security funds being invested in bonds. Social Security is now in a negative cash flow situation. The taxes going into the system are now substantially less than the payments to retirees. There is a couple of trillion of bonds in the trust fund (lock box, uh no.) As these bonds are redeemed, they are just replaced by further federal borrowing or just printing money. The fund is currently scheduled to run out in 2035.

Bob_C said:

SFGbob said:

WestlinnDuck said:

RaceBannon said:

The GOP wants to take away my social security

It was all over Twitter

GOP about to lose that one too

I like Race's view of pay my social security bitch to leftard youngsters. I'd feel bad if I hadn't paid into social security at the max rate for decades and would be better off if I had stuck it into a S&P 500 fund. I paid for me and my parents and then some.

Run the numbers sometime to see what kind of nest egg you'd have if you would have been able to put even half of what you were forced to contribute to Social Security along with half of your employer contribution into the S&P 500 from the start of your working years. It will either make you ill or pissed or both.

It is such a scam. Not only do you lose on opportunity cost of investing in the stock market over the long haul, but the forced investment of SS $ into bonds creates an ongoing guaranteed market which keeps the price of bonds artificially low. Which in turn allows the government to run even bigger deficits that drives up inflation making the bonds worth even less.

Can you imagine the change in politics if you had that kind of privatized retirement system? Allow people to tap into that money before retirement for a first time home purchase and give them a tangible asset that they could leave to their wife and kids upon death. Couple this with a similar program that funds medical savings accounts and you'd eliminate the two biggest parasitic Federal Gov. programs that exist while allowing middle class and lower income people to build real wealth.

It will never happen, it would eliminate two of the programs the Rats rely on the most to get people dependent upon the government.