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GOP social security plan
2001400ex
Member Posts: 29,457
in Tug Tavern
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
https://www.yahoo.com/finance/news/gop-introduces-plan-to-massively-cut-social-security-222200857.html
Comments
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More fake outrage manufactured from fake news right here is the USA!
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Is that like how the deficit doubled under Obama?doogie said:More fake outrage manufactured from fake news right here is the USA!
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abandoning your pointless shitpost already?
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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 -
Why do you care what happens to me or Race with our benefits all of the sudden?
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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.doogie said:Why do you care what happens to me or Race with our benefits all of the sudden?
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I said I hope you enjoy it. because a lot of people rely on these programs.doogie said:Why do you care what happens to me or Race with our benefits all of the sudden?
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What bank and energy company do you think she would have installed?2001400ex said:
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.doogie said:Why do you care what happens to me or Race with our benefits all of the sudden?
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Huh?doogie said:
What bank and energy company do you think she would have installed?2001400ex said:
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.doogie said:Why do you care what happens to me or Race with our benefits all of the sudden?
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America doesn't run without bankers and lowest cost/highest efficiency energy.
Even you know that (right?) -
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. -
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.doogie said:America doesn't run without bankers and lowest cost/highest efficiency energy.
Even you know that (right?)
Are you really that oblivious or just stupid? -
Just a small step in the right direction of eliminating SS altogether.
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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.
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just ahead of you.2001400ex said:
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.doogie said:America doesn't run without bankers and lowest cost/highest efficiency energy.
Even you know that (right?)
Are you really that oblivious or just stupid?
you should stop worrying about how you believe others who don't think like you should worry about stuff that doesn't matter. -
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. -
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.doogie said:
just ahead of you.2001400ex said:
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.doogie said:America doesn't run without bankers and lowest cost/highest efficiency energy.
Even you know that (right?)
Are you really that oblivious or just stupid?
you should stop worrying about how you believe others who don't think like you should worry about stuff that doesn't matter.
Shut the fuck up you partisan tool. -
Thanks to government health care you don't have to worry about living to an old age
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What matters is that you lost.2001400ex said:
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.doogie said:
just ahead of you.2001400ex said:
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.doogie said:America doesn't run without bankers and lowest cost/highest efficiency energy.
Even you know that (right?)
Are you really that oblivious or just stupid?
you should stop worrying about how you believe others who don't think like you should worry about stuff that doesn't matter.
Shut the fuck up you partisan tool.
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. -
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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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.
