CDZ The projected path we're on

Discussion in 'Clean Debate Zone' started by task0778, Dec 27, 2017.

  1. boedicca
    Offline

    boedicca Uppity Water Nymph Supporting Member

    Joined:
    Feb 12, 2007
    Messages:
    45,159
    Thanks Received:
    13,601
    Trophy Points:
    2,250
    Location:
    The Land of Funk
    Ratings:
    +27,718
    It's going to get very ugly. Because I'm not afraid of MATH, I realized when I first started working that SS was going to be insolvent by the time I retire. So, I've saved and invested instead. If I get anything, it will be pure upside.

    I advise: pay yourself first.
     
  2. william the wie
    Online

    william the wie Gold Member

    Joined:
    Nov 18, 2009
    Messages:
    10,432
    Thanks Received:
    1,094
    Trophy Points:
    245
    Ratings:
    +3,721
    The idea that laminar economic growth is possible and net desirable is absurd
     
  3. Moonglow
    Offline

    Moonglow Diamond Member

    Joined:
    Jun 27, 2011
    Messages:
    105,633
    Thanks Received:
    9,871
    Trophy Points:
    2,070
    Location:
    sw mizzouri
    Ratings:
    +43,462
    Has the Don talked about the other half of the coin, reduction of the budget and shrinking the debt?
     
  4. task0778
    Online

    task0778 Silver Member Supporting Member

    Joined:
    Mar 10, 2017
    Messages:
    2,057
    Thanks Received:
    441
    Trophy Points:
    90
    Location:
    Texas hill country
    Ratings:
    +1,849
    Smart. I think SS will be there, but maybe not as much. I would imagine the high earners may have to pay more and get less at some point.
     
  5. boedicca
    Offline

    boedicca Uppity Water Nymph Supporting Member

    Joined:
    Feb 12, 2007
    Messages:
    45,159
    Thanks Received:
    13,601
    Trophy Points:
    2,250
    Location:
    The Land of Funk
    Ratings:
    +27,718

    Millennials are so screwed. As they have no hope of getting SS, they will be reluctant to endure the hyper tax increases that will be required to keep the system afloat. So, I expect to see means testing with no SS at all above a certain level of income/wealth. Also, states that don't tax SS payments will start doing so.
     
  6. william the wie
    Online

    william the wie Gold Member

    Joined:
    Nov 18, 2009
    Messages:
    10,432
    Thanks Received:
    1,094
    Trophy Points:
    245
    Ratings:
    +3,721
    Long past due
     
  7. Marion Morrison
    Offline

    Marion Morrison Gold Member

    Joined:
    Feb 10, 2017
    Messages:
    18,758
    Thanks Received:
    3,675
    Trophy Points:
    270
    Ratings:
    +19,526
    Yes. This is why many appointed positions have not been filled. Government needs reduced..a LOT.
     
    • Agree Agree x 1
  8. boedicca
    Offline

    boedicca Uppity Water Nymph Supporting Member

    Joined:
    Feb 12, 2007
    Messages:
    45,159
    Thanks Received:
    13,601
    Trophy Points:
    2,250
    Location:
    The Land of Funk
    Ratings:
    +27,718

    No, what is long past due is to get rid of SS altogether and replace it with private investment accounts (similar to Chile's system).
     
    • Agree Agree x 1
    • Informative Informative x 1
  9. Moonglow
    Offline

    Moonglow Diamond Member

    Joined:
    Jun 27, 2011
    Messages:
    105,633
    Thanks Received:
    9,871
    Trophy Points:
    2,070
    Location:
    sw mizzouri
    Ratings:
    +43,462
    That will take a year and a budget director lowering budgets in each office for the next year...
     
  10. Marion Morrison
    Offline

    Marion Morrison Gold Member

    Joined:
    Feb 10, 2017
    Messages:
    18,758
    Thanks Received:
    3,675
    Trophy Points:
    270
    Ratings:
    +19,526
    I know, it seems:

    [​IMG]

    but that's the directive Trump is pushing.
     

Share This Page