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When SS was passed, people lived a few years into their retirement. Now they live decades. Incrementally moving the age to 70 reflects current life expectanciesFar from a Ponzi SchemeSocial Security is an obligation, not a debtSS is solvent
Minor adjustments to retirement age and annual contribution caps will fix it
It is not part of our annual debt
Wrong! It is part of out annual debt. I know it and so does B.O. if it weren’t part of our annual debt, the checks sent out wouldn’t be dependent on raising our debt ceiling.
Obama warns Social Security checks might not be sent Aug. 3
President Obama upped the ante in the ongoing debt-ceiling debate Tuesday, telling CBS News that without raising the ceiling, he can't guarantee that Social Security checks will be sent Aug. 3.
"I cannot guarantee that those checks go out on August 3 if we haven't resolved this issue. Because there may simply not be the money in the coffers to do it," Obama said.
Does that sound like a fully guaranteed and funded entitlement to you?
It is paid by workers in any fiscal year
It is not included in the national debt ceiling
Well apparently B.O. thinks it is, or was he lying when he said it was?
Here are the undeniable facts of this ‘fabulous’ social entitlement which you and other Liberals love-
The cost to tax payers is more than 6 times higher in the first 80 years.
It had funding issues within the first 40 years.
It will be able to pay less than 80% of obligations in only 15 years.
It is a Ponzi scheme in the classic sense. It relies on perpetual growth, and even with perpetual growth it will fail eventually.
In less than 80 years (since FDR) entitlement spending has gone from less than 3% of GDP to nearly 18% of GDP, and in that same period GDP is more than 50 times higher. Do the math. Social Security and other entitlement programs are taking a bigger slice of a bigger pie year after year. Tell me how that is sustainable.
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Social Security works and is indespendible to hundreds of millions of people
If Congress makes a few simple changes on retirement age and annual contribution limits it is sustainable
In other words continue on the same path Of giving less (raising retirement age) and charging more (raising contributions/taxes).
Those words came out of your mouth and you don’t even realize what you said.
SS has remained solvent for 80 years and will continue to be soI’m not sure what criteria you used to determine success, but with regard to Social Security, you would do MUCH MUCH better just buying the S and P index with the money you put into SS.
Yep, let those slimy bastards on Wall Street invest your money rather than let those slimy bastards in Washington steal it. Are you aware that this great social security trust fund is full of nothing but IOU’s from the same guys who took it from you in the first place?
Possible
But it would not have been practical in the 1930s when SS was formed.
We were in the middle of a depression. Care of the elderly was a crisis. A savings based plan would not give you a large enough nest egg until the 1960s
With a 401k, you can have your nestegg and a guaranteed annuity through SS
It’s a scam. I believe FDR set it up in good, albeit naive, faith. But is was doomed from the beginning because of the nature of government. It was poorly planned and carried out, and if you have any doubt about that all you have to know is the SS tax rate has increased 6 fold since it started and is still projected to be out of money (IOU’s) in 15 years.
Yep, that is what they told you to say. It will continue to be paid out using more national debt. Eventually they will make it it needs based (not what FDR intended). Essentially it will be a tax on the working and upper income for the benefit of the lowest contributors to society. Yep, at some point, if you can afford to pay Social Security tax, you will to wealthy to receive social security benefits. That is the way it has been trending since inception.
SS is solvent
Minor adjustments to retirement age and annual contribution caps will fix it
It is not part of our annual debt
we would not have as many problems if the right wing could bear true witness to our own Constitution instead of only their bottom line.Medicare
Sccial Security
Environmental Protection
OSHA
Americans with Disabilities Act
Affirmative Action
Gay Rights
Conservatives fought tooth and nail against all of them but they have proven to be such successes that even Repuplicans support them today
People are living longerSS has remained solvent for 80 years and will continue to be soPossible
But it would not have been practical in the 1930s when SS was formed.
We were in the middle of a depression. Care of the elderly was a crisis. A savings based plan would not give you a large enough nest egg until the 1960s
With a 401k, you can have your nestegg and a guaranteed annuity through SS
It’s a scam. I believe FDR set it up in good, albeit naive, faith. But is was doomed from the beginning because of the nature of government. It was poorly planned and carried out, and if you have any doubt about that all you have to know is the SS tax rate has increased 6 fold since it started and is still projected to be out of money (IOU’s) in 15 years.
Yep, that is what they told you to say. It will continue to be paid out using more national debt. Eventually they will make it it needs based (not what FDR intended). Essentially it will be a tax on the working and upper income for the benefit of the lowest contributors to society. Yep, at some point, if you can afford to pay Social Security tax, you will to wealthy to receive social security benefits. That is the way it has been trending since inception.
SS is solvent
Minor adjustments to retirement age and annual contribution caps will fix it
It is not part of our annual debt
Yeah take more of peoples' money, keep it longer and pay an even lower rate of return than the abysmally low rate they pay now.
That'll fix it
People are living longerSS has remained solvent for 80 years and will continue to be soIt’s a scam. I believe FDR set it up in good, albeit naive, faith. But is was doomed from the beginning because of the nature of government. It was poorly planned and carried out, and if you have any doubt about that all you have to know is the SS tax rate has increased 6 fold since it started and is still projected to be out of money (IOU’s) in 15 years.
Yep, that is what they told you to say. It will continue to be paid out using more national debt. Eventually they will make it it needs based (not what FDR intended). Essentially it will be a tax on the working and upper income for the benefit of the lowest contributors to society. Yep, at some point, if you can afford to pay Social Security tax, you will to wealthy to receive social security benefits. That is the way it has been trending since inception.
SS is solvent
Minor adjustments to retirement age and annual contribution caps will fix it
It is not part of our annual debt
Yeah take more of peoples' money, keep it longer and pay an even lower rate of return than the abysmally low rate they pay now.
That'll fix it
SS needs to adjust
People are living longerSS has remained solvent for 80 years and will continue to be so
Yep, that is what they told you to say. It will continue to be paid out using more national debt. Eventually they will make it it needs based (not what FDR intended). Essentially it will be a tax on the working and upper income for the benefit of the lowest contributors to society. Yep, at some point, if you can afford to pay Social Security tax, you will to wealthy to receive social security benefits. That is the way it has been trending since inception.
SS is solvent
Minor adjustments to retirement age and annual contribution caps will fix it
It is not part of our annual debt
Yeah take more of peoples' money, keep it longer and pay an even lower rate of return than the abysmally low rate they pay now.
That'll fix it
SS needs to adjust
Right by taking more money from people , keeping it longer and paying a lower rate of return than the already abysmally low one they do now
No they're not.People are living longerYep, that is what they told you to say. It will continue to be paid out using more national debt. Eventually they will make it it needs based (not what FDR intended). Essentially it will be a tax on the working and upper income for the benefit of the lowest contributors to society. Yep, at some point, if you can afford to pay Social Security tax, you will to wealthy to receive social security benefits. That is the way it has been trending since inception.
SS is solvent
Minor adjustments to retirement age and annual contribution caps will fix it
It is not part of our annual debt
Yeah take more of peoples' money, keep it longer and pay an even lower rate of return than the abysmally low rate they pay now.
That'll fix it
SS needs to adjust
Right by taking more money from people , keeping it longer and paying a lower rate of return than the already abysmally low one they do now
They are giving people more years of retirement
OSHA was another program vilainized by conservatives
Big Government telling business how to do their job. Workers don’t want to work in an unsafe environment , let them work elsewhere
Again... OSHA will cost jobs
OSHA has been a major success
They are giving people more years of retirement
Reverse racism isn't the solution. It's also wrong.
A great accomplishmentOSHA was another program vilainized by conservatives
Big Government telling business how to do their job. Workers don’t want to work in an unsafe environment , let them work elsewhere
Again... OSHA will cost jobs
OSHA has been a major success
The Occupational Safety and Health Administration (OSHA) (/ˈoʊʃə/) is an agency of the United States Department of Labor. Congress established the agency under the Occupational Safety and Health Act (OSH Act), which President Richard M. Nixon signed into law on December 29, 1970. OSHA's mission is to "assure safe and healthy working conditions for working men and women by setting and enforcing standards and by providing training, outreach, education and assistance"
Who do you think dim wit?They are giving people more years of retirement
Who are "they"?
OSHA and Americans With Disabilities Act are Nixon programs as well.Wasn’t the epa created by Nixon?
Affirmative action has been a disaster. Gay rights is an opinion issue. Medicare and Social Security are in financial crisis.Medicare
Sccial Security
Environmental Protection
OSHA
Americans with Disabilities Act
Affirmative Action
Gay Rights
Conservatives fought tooth and nail against all of them but they have proven to be such successes that even Repuplicans support them today
But your denying other races to preference one race or a few races. All citizens of this country should be allowed to rise as far as their talent, education, and hard work can take them.Medicare
Sccial Security
Environmental Protection
OSHA
Americans with Disabilities Act
Affirmative Action
Gay Rights
Conservatives fought tooth and nail against all of them but they have proven to be such successes that even Repuplicans support them today
Affirmative action is BS. Nobody should get a position over a more qualified person because of the color of their skin.
No one should be denied because of the color of their skin...but they are.
That’s why we need Affirmative Action.
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Medicare provided a safety net
Social Security allowed people to actually retire
Environmental Protection was passed nearly unanimously and signed by Nixon. Since that time, Conservatives have turned against it to the point Trump refuses to enforce it
EPA has ensured we have clean air, rivers, uncontaminated land
If that be the case JFK is a conservative by today’s standards because that’s how far to the left your pendulum has swung. Having common sense does not make you a right wing extremists...it only makes you a realist. Social Security was created by FDR who also be a Republican today because I doubt he would support abortion or gay pride parades in the streets. Medicare and Social Security are going “el busto” and Nixon would be be a Trump Republican today. Who do you think Trump supported in 1968 and 1972?Medicare provided a safety net
It most certianly has, and continues to do so.
We can add in VA along w/it as well
Social Security allowed people to actually retire
And continues to do so.
Environmental Protection was passed nearly unanimously and signed by Nixon. Since that time, Conservatives have turned against it to the point Trump refuses to enforce it
EPA has ensured we have clean air, rivers, uncontaminated land
Iirc, Nixon created the EPA, OSHA, and NOLA
By today's standards Nixon was a flaming liberal
THAT is how far to the right the political pendeulum has swung
~S~
Affirmative action has been a disaster. Gay rights is an opinion issue. Medicare and Social Security are in financial crisis.Medicare
Sccial Security
Environmental Protection
OSHA
Americans with Disabilities Act
Affirmative Action
Gay Rights
Conservatives fought tooth and nail against all of them but they have proven to be such successes that even Repuplicans support them today
