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You would be right if I had died two years ago. But I didn't. And if my progenitors life spans are any indication I will be around for at least another seven years. And I live in a large retirement community where there are a lot of mid-80s and a fair amount of 90s are present.[...]
You don't get every penny back form Social Security. So that is irrelevant.
Catholic school. And it's not a tax. Again, you don't get your money back from a tax.It is a regressive tax, according to my calculator. If you can't figure that out, then you are just a product of public schools.
They changed the terms of the deal after the fact. If a private company did that, the company officers would all go to prison.
LOL, well, I guess this dumb shit ^^^ never had a credit card. Terms and Conditions change often and no company officers go to prison.
It doesn't change on the money you have already borrowed, and it doesn't change without explicit terms in your agreement saying the bank can change the terms. When and under what circumstances the terms can change is also specified in your agreement.
LOL, and your point is? You made a stupid blanket statement, now that you are busted you try to spin your way out of it. Loser.
It's still true. SS has effectively declared bankruptcy multiple times.
Liar!
"It is a logical impossibility for Social Security to go bankrupt. We can voluntarily choose to suspend or eliminate the program, but it could never fail because it “ran out of money.”
Take your "effectively" and shove it up your lying ass.
See: Why Social Security Cannot Go Bankrupt - Forbes
If you have parents or grand-parents who lived through the Great Depression, but were not among the rich, they will tell you what a mistaken concept that is.[...]
There was never a demand for social security. It had to be marketed and packaged to the public. No one wanted Social Security, until they claimed it wouldn't cost much, and there would be tons of benefits. But that 1% tax, is a far cry from the 15% we enjoy paying government today.
[...]
The fact is the American People of that era were so pummeled and intimidated by its torturous miseries a proposed program that promised to prevent repetition of the painful and tragic reality of millions of homeless and starving seniors dying on the streets, which was one of the most glaring agonies of that terrible time, was welcomed without the slightest protest. It was in fact one of the reasons for FDR's enormous popularity.
You buy car insurance to offset one kind of potential tragedy. You buy Social Security participation to offset another kind -- and you get your money back. And all it really costs is a small percentage of your petit capitalist ambitions. Unless you are earning a minimal income there is nothing preventing you from still investing in a 401k plan -- as many people do.
The idiot who created this thread is healthmyths, a callous conservative, self appointed know-it-all whose knowledge of history is piss-poor. Sadly, he's not alone, other callous conservative with myopia agree with him/her, as well as the greedy and willfully ignorant.
See:
1915-1934 State Old Age Assistance Programs ElderWeb
So you determine that putting money in US treasuries is a risk?The idiot who created this thread is healthmyths, a callous conservative, self appointed know-it-all whose knowledge of history is piss-poor. Sadly, he's not alone, other callous conservative with myopia agree with him/her, as well as the greedy and willfully ignorant.
See:
1915-1934 State Old Age Assistance Programs ElderWeb
I'm all for privatizing SS if you can deposit enough funds in it. However, no risk in investing? I call that financial suicide.
And YOU are an idiot to believe the stupid 30 second sound bite..."privatizing SS in the risky stock market" crap!Who was the idiot who created this thread?
And the average Social Security payment use to be $23/m. It's now $1262.But what if that insurance company said you had to pay higher premiums because you earned more -- but you will get back every penny, and probably a lot more, whether you need it or not, provided you don't die early?[...]
If your insurance company said that you had to pay higher premiums this year, not because your benefits went up, but rather because you earned more..... how long would you keep that policy? Answer? Doesn't matter because with Social Security, you have no choice in the matter.
[...]
But you don't from Social Security.
Social Security Benefits Less Than What Workers Put In TIME.com
Social Security is a lousy investment for the average worker. People retiring today will be among the first generation of workers to pay more in Social Security taxes than they receive in benefits over the course of their lives, according to a new analysis by the Associated Press.
Looking at numbers from an Urban Institute study, the AP found that a married couple retiring in 2011 after both spouses earned average income during their lives paid total Social Security taxes of $598,000. They can expect to collect $556,000 in benefits, if the man lives to 82 and the woman lives to 85. This is another landmark turning point sure to enliven the debate over how to fix Social Security, which without changes will be insolvent by 2033.
Note, that without change, Social Security will be insolvent by 2033. Which implies.... it's going to change. Now if people don't get back what they put in TODAY under a system that is going insolvent..... which way do you think it's going to go after they change it? Higher taxes, and lower payouts. Meaning even fewer are going to get out what they put in.
Another look at Urban Institute numbers suggests that the average working family still enjoys a positive return when factoring in Medicare benefits.
And that's true. Medicare is a fairly large benefit as it stands. Of course as it stands, it's fiscally far worse than Social Security. Which means even larger cuts, or higher taxes will be required to shore that up.
So, while your question is a nifty hypothetical, it's not even close to the reality.
And EVEN THEN.... there is a 'return on investment' with Social Security. It's terrible. The ROI is horrid. You'd almost be better putting your money in CDs.
At least with CDs, if you die, your spouse gets 100% of the money, instead of the 55% or whatever it is SS pays out. And if you retire early, you don't forfeit a chunk of your money, and if you decide later to get a retirement job, you are not penalized for working.
That's the most hideous to me. Only with the brutal tyranny of leftist government, does one forfeit the money he is supposedly due, because he decides to work beyond retirement. And only with that level of tyranny, does a man then have to pay taxes, into the very system whose benefits he is disqualified from receiving, by working and paying that tax.
Think about that. Because you are working, and producing wealth for the country... you are forced to pay taxes into a system whose benefits you are disqualified from getting..... because you work. That's the ugly truth about the system you support. It's not just bad, it's immoral and evil.
Of course there is risk. The risk is that a person will make the wrong investment decisions.All you idiots that believe those 30 second sound bites "privatizing SS in the risky stock market"...
Bull SHIT!!!
Self directed privatized SS would allow the individual to put the money in the SAFEST place that even the SS supposedly does, i.e. buying
US TREASURIES!!!
We just cut out the middle man!
Until the accumulated amount allows the treasure bill purchases, the individual privatized account can direct into FDIC (govt. insured!!!) savings account.
SO WHERE IN THE HELL is the risk in that???
The worker can't touch or borrow the accumulations until retirement.
The choice though is up to the individual and I always thought that was what this country was built on ... freedom of CHOICE...
I mean we hear the liberals decry conservatives don't want women to have freedom of choice...
HELL we want EVERYONE to have the freedom to choice WHERE their SS payments are invested!
How can there be a risk if the decision is US treasuries?Of course there is risk. The risk is that a person will make the wrong investment decisions.All you idiots that believe those 30 second sound bites "privatizing SS in the risky stock market"...
Bull SHIT!!!
Self directed privatized SS would allow the individual to put the money in the SAFEST place that even the SS supposedly does, i.e. buying
US TREASURIES!!!
We just cut out the middle man!
Until the accumulated amount allows the treasure bill purchases, the individual privatized account can direct into FDIC (govt. insured!!!) savings account.
SO WHERE IN THE HELL is the risk in that???
The worker can't touch or borrow the accumulations until retirement.
The choice though is up to the individual and I always thought that was what this country was built on ... freedom of CHOICE...
I mean we hear the liberals decry conservatives don't want women to have freedom of choice...
HELL we want EVERYONE to have the freedom to choice WHERE their SS payments are invested!
How can there be a risk if the decision is US treasuries?Of course there is risk. The risk is that a person will make the wrong investment decisions.All you idiots that believe those 30 second sound bites "privatizing SS in the risky stock market"...
Bull SHIT!!!
Self directed privatized SS would allow the individual to put the money in the SAFEST place that even the SS supposedly does, i.e. buying
US TREASURIES!!!
We just cut out the middle man!
Until the accumulated amount allows the treasure bill purchases, the individual privatized account can direct into FDIC (govt. insured!!!) savings account.
SO WHERE IN THE HELL is the risk in that???
The worker can't touch or borrow the accumulations until retirement.
The choice though is up to the individual and I always thought that was what this country was built on ... freedom of CHOICE...
I mean we hear the liberals decry conservatives don't want women to have freedom of choice...
HELL we want EVERYONE to have the freedom to choice WHERE their SS payments are invested!
And more importantly WHY do YOU have to decide for me or millions of others like me that WOULD LIKE the freedom to choose?
Are you my brother's keeper???
Look where Obama who piously and loudly proclaims we are our brother's keeper own brother lives??
So how in the hell do you expect ME to believe Obama cares more for me then he does his own brother??
Pious words from "compassionate" people like you put people into poor houses.
View attachment 33005
Those who will live on the $12,000 they will get from Social Security are the same people who would be living off the public dole were it not for Social Security. They are not typical.Well which system is better.... The current system were people are held in poverty by high taxes their entire life, so they can get $12,000 a year and live in object poverty until they die?
Or a system where people can keep their own money, and determine their own destiny?
[...]
I consider myself to be a rather ordinary wage earner. I paid into Social Security all my working life -- but I also invested in U.S. Savings Bonds -- per my father's advice. His advice also encouraged me to avoid debt and to seek a secure job with a good pension.
I presently enjoy a generous civil service pension which is supplemented by Social Security and a rotating stack of bonds, and I have zero debts.
I'm not rich but I am secure and comfortable -- much thanks owing to the monthly deposit in my checking account by the Social Security Administration, which by now has repaid every penny I contributed and will continue until I die. And I know a few people whose retirement plans were severely affected by the 2008 collapse and who praise Social Security for keeping them afloat -- which is exactly what it was intended to do.
Perhaps I would have a bit more money if Social Security didn't exist and I had managed to competently manage a stock portfolio. But the bottom line is I am quite content with the way things are.
How do you not see the stupidity in saying raising taxes is communism? Revenue is what pays the nation's bills. Revenue as a percentage of GDP is at 16%. In 2000 it was at 20%. That means we are BORROWING MONEY when it comes to government expenses. Tax cuts for the wealthy don't do shit to stimulate substantial economic growth. If they did, Bush's ridiculous cuts would have helped the recession in his early presidency and prevented the Great Recession. Instead, we lost 8 million jobs while the revenue as percentage of GDP was at an historic low (15%). Tell me. Why was job growth under Bush so pathetic?Well what other conclusion when you want 'The wealthy could afford it too I promise. See the wealthy these days are investing less and less. Some investments that essentially becomes their personal wealth. They are keeping much of this money. 1% of the top earners own 40% of the nation's wealth." That's pure and simple communism. Share the wealth as the wealthy have too much!You people automatically jump to this retarded conclusion that I hate the wealthy or I hate capitalism. Everything is so black and white with you people. I am against privatizing SS therefore I must be against the free market. It's such childlike thinking. In reality I am perfectly okay with the free market and CEO's being well paid. What I do have a problem with is the average CEO making 350x more than the average worker. I just want to close the gap. I want people to be paid a wage they can live off of and one that keeps up with inflation. The last time a person making $10 an hour and could easily live of of it was in the 60's. That is how behind wages are. Does that seem fair to you considering how wealthy these job creators are in this day and age?So why don't YOU become wealthy?Actually if the wealthy were as taxed as they should be, we could better afford it. The wealthy could afford it too I promise. See the wealthy these days are investing less and less. Some investments that essentially becomes their personal wealth. They are keeping much of this money. 1% of the top earners own 40% of the nation's wealth.Explain why it would be a nightmare? Instead of costing the government in debt there would be a profit.
See the problem with people like you is you take the exceptional and make it the rule!
YES there is no question there have been Enrons in the world as well as Solyndras!
They are the exceptions!
Most "for profit" organizations are made up of people unlike you who are normal. Go to work. Do their job. Get their paycheck.
What is wrong with that? Frankly I have a whole lot more respect for the "for profits" because they contribute to the betterment of society versus the "non-profits" which are a DRAG!
Non profits constantly looking for hand outs ...from the for profits!
We have a President that has NEVER worked for a for profit organization and thus he detests as obviously you do "for profits".
How stupid. Obama was paid by the Annenberg Foundation that was formed by
Walter Hubert Annenberg (March 13, 1908 – October 1, 2002) was an American publisher, philanthropist, and diplomat most
of his wealth coming from TV Guide!
Think of it! You bought TV Guides. The evil profits paid Obama's salary. And forever the idiot Obama wants to do away with for profits!
And you again with your "evil for profit nightmare" are just as ignorant as Obama!
God it gets so old when you brain dead right tards automatically jump to the conclusion that I am some unemployed deadbeat. I'm sure the accusation makes you think "boy I sure showed him!" but in reality it just makes you look like a moron for making such a baseless and laughable claim.
I work 40 hours a week. Don't believe me? I don't care.
How do you not understand the nature of a business? They want to maximize profit as much as they can. That means the poor would soon not be able to afford it.
Obama is worth 9 million. He obviously finds wealthy people important.
Did you know that in 1850, the US was home to 19 millionaires.
But the years following the Civil War had seen a considerable increase in membership of that exclusive club.
By the end of the 1890's the number of millionaires in the US had swelled to more than 4,000.
A quarterly report prepared by the Economist Intelligence Unit on behalf of Barclays Wealth in 2007 estimated that there were 16,600,000 millionaires in the USA
Millionaire - Wikipedia the free encyclopedia
4,000 millionaires in 1890 40 times that ..16.6 million millionaires in 2007!
Population in 1890 there were 62,947,714 or a ratio of 1 million for every 15,736 people.
Population in 2014 317,297,938 number of millionaires: 4,000,000 or a ratio of 1 millionaire for every 793 people!
U.S. Population 2014 317 Million and 7.1 Billion in the World - US News
Now of course idiots will say a million dollars isn't the same in 1890 as it is in 2014.
So what? My point is there is a greater opportunity to be a millionaire today then anytime before and all idiots like you want to do
is steal from those that have it!
You rob the rich idiots are like a pack of wild dogs. You see someone who has more then you and you like a wild dog tear at it!
How gauche. How uncivilized.
People like me (and I'm no millionaire!!!) laugh though at people like you because instead of doing something you bitch and moan
about the WEALTHY! Geez work at something other then a 40 hour job for someone else. Build your own fortune and today there
is more opportunities for it then ever! In fact IF YOU BILLY want an idea and a domain name I've registered that will if you want to work at it make you and me a millionaire I'll be happy to share! I'm just getting too old and lack the energy... but if you are still putting in 40 hours I'd be happy to share with you how we both could become millionaires from this idea.
You want to partner and become a millionaire???
Become a creator not a destroyer. Grow the pie bigger don't be like a dog and simply try to take away from someone else.
That's what animals do!
My goodness why do YOU think it is right to take from someone and give it someone else? That's theft!
Tax the wealthy...
Do you know that MOST wealthy people that have stocks are double taxed? Is that a new concept to you??
Is that fair? They get taxed on the Ordinary dividends as ordinary income which means they are taxed twice BECAUSE
when the corporation pays out in dividends it is AFTER the corporation has paid taxes.
So any shareholder in a corporation gets less of a dividend BECAUSE of corporate taxes and then when they get the dividend
they have to pay taxes as ordinary income....
But this goes way over your head I'm sure.
YOU are so uninformed about Americans income.
The AVERAGE hourly wage American makes $24.06 per hour !
FACT:
View attachment 32984
http://www.bls.gov/cps/minwage2013.pdf
See the below to see fewer and fewer people working at or below minimum wage..
In 1979 6,912,000 or 13.4% of all hourly workers or total hourly workers of 51,582,090
In 1989 3,162,000 or 50% LESS working at minimum wage of the 62,000,000 people working at hourly wage
In 2009 there were 3,572,000 people working at minimum wage of 72,897,959 at hourly wage or 4.9%
Finally in 2013 there were 3,300,000 working at minimum or 4.3% of 76,744,186 that work at hourly or 4.3%
I know these FACTS really send your little brain in a tizzy but this crap about poor Americans!
GEEZ look around you at you and your neighbors!
You are living the life KINGS 100s of years ago could NEVER imagine... reading right now words generated by someone else instantly!
When will you people quit bitching about issues of CHOICE for example:
I would have loved at age 25 to have the choice of putting the nearly $300,000 I've paid in to SS/Medicare into the market when I was 25 up to age 45... moved it to more secure and then at 65 at retirement... ...
Here is what would have happened IF I HAD HAD the choices which YOU want to deny people the right to choose!
Obviously I can't do it now BUT why are people like you thwarting my granddaughter from have a choice?
From her accumulating by forced savings over her future career millions of dollars for HER to have... and not have it going
to the Federal government that spends it on
My point is people should have the CHOICE and forcing them to pump money back into the Federal government for some cubicle dweller amidst the Ebola crisis, the government’s premier health agencies are burning their taxpayer funded budgets on wasteful programs faster than drunken monkeys. Based on a recent $3.2 million NIH study focused exclusively on getting monkeys drunk, that’s an analogy researchers should readily understand. -
View attachment 32987
God I already fucking explained to you before about your stupidity on the stats on the minimum wage. Yes assclown a small percentage of the population make the federal wage. However MILLIONS of Americans make less than 10 an hour. According to the CBO, raising the minimum wage would lift 16 million people out of poverty. Read this slowly will you? If you raised the minimum wage to $10 an hour, all of the wages below that would go up. Good god. Your scope is as small as your brain power dude. Pay attention.
The Effects of a Minimum-Wage Increase on Employment and Family Income Congressional Budget Office
Can you live on less than 10 an hour if you supported yourself entirely or you had kids? NO YOU CANT.
That attitude is not uncommon. It reflects the spirit of independence and self-reliance that existed in the American mentality prior to 1929 when it was firmly believed by all that Black Tuesday could not happen.I don't care what the risk is. Just give me the money I will never get back when I retire and let me do what I want with it.
Oh my god dude you are so thick. I don't know how else to explain this shit to you. Your facts in the second article are only people making 7.25 an hour. I am talking about any wages below 10 an hour. Your BLS graph does not say how many people make less than 10 an hour. It refers to WAGE AMOUNT AVERAGES. The averages are going to be high if the top wages in this country are so large. That SKEWS THE MATH. It says nothing about the number of people making these wages. That doesn't account for poor people in general. Your point is fucking moot if the issue is about raising the federal wage to 10 an hour. THAT MEANS ANYONE WHO MAKES WAGES BELOW 10 AN HOUR WOULD SEE THEIR WAGES GO UP. THAT IS FAR MORE THAN 3 MILLION PEOE. God how are you this thick? Think like a grown up will you?How do you not see the stupidity in saying raising taxes is communism? Revenue is what pays the nation's bills. Revenue as a percentage of GDP is at 16%. In 2000 it was at 20%. That means we are BORROWING MONEY when it comes to government expenses. Tax cuts for the wealthy don't do shit to stimulate substantial economic growth. If they did, Bush's ridiculous cuts would have helped the recession in his early presidency and prevented the Great Recession. Instead, we lost 8 million jobs while the revenue as percentage of GDP was at an historic low (15%). Tell me. Why was job growth under Bush so pathetic?Well what other conclusion when you want 'The wealthy could afford it too I promise. See the wealthy these days are investing less and less. Some investments that essentially becomes their personal wealth. They are keeping much of this money. 1% of the top earners own 40% of the nation's wealth." That's pure and simple communism. Share the wealth as the wealthy have too much!You people automatically jump to this retarded conclusion that I hate the wealthy or I hate capitalism. Everything is so black and white with you people. I am against privatizing SS therefore I must be against the free market. It's such childlike thinking. In reality I am perfectly okay with the free market and CEO's being well paid. What I do have a problem with is the average CEO making 350x more than the average worker. I just want to close the gap. I want people to be paid a wage they can live off of and one that keeps up with inflation. The last time a person making $10 an hour and could easily live of of it was in the 60's. That is how behind wages are. Does that seem fair to you considering how wealthy these job creators are in this day and age?So why don't YOU become wealthy?Actually if the wealthy were as taxed as they should be, we could better afford it. The wealthy could afford it too I promise. See the wealthy these days are investing less and less. Some investments that essentially becomes their personal wealth. They are keeping much of this money. 1% of the top earners own 40% of the nation's wealth.
God it gets so old when you brain dead right tards automatically jump to the conclusion that I am some unemployed deadbeat. I'm sure the accusation makes you think "boy I sure showed him!" but in reality it just makes you look like a moron for making such a baseless and laughable claim.
I work 40 hours a week. Don't believe me? I don't care.
How do you not understand the nature of a business? They want to maximize profit as much as they can. That means the poor would soon not be able to afford it.
Obama is worth 9 million. He obviously finds wealthy people important.
Did you know that in 1850, the US was home to 19 millionaires.
But the years following the Civil War had seen a considerable increase in membership of that exclusive club.
By the end of the 1890's the number of millionaires in the US had swelled to more than 4,000.
A quarterly report prepared by the Economist Intelligence Unit on behalf of Barclays Wealth in 2007 estimated that there were 16,600,000 millionaires in the USA
Millionaire - Wikipedia the free encyclopedia
4,000 millionaires in 1890 40 times that ..16.6 million millionaires in 2007!
Population in 1890 there were 62,947,714 or a ratio of 1 million for every 15,736 people.
Population in 2014 317,297,938 number of millionaires: 4,000,000 or a ratio of 1 millionaire for every 793 people!
U.S. Population 2014 317 Million and 7.1 Billion in the World - US News
Now of course idiots will say a million dollars isn't the same in 1890 as it is in 2014.
So what? My point is there is a greater opportunity to be a millionaire today then anytime before and all idiots like you want to do
is steal from those that have it!
You rob the rich idiots are like a pack of wild dogs. You see someone who has more then you and you like a wild dog tear at it!
How gauche. How uncivilized.
People like me (and I'm no millionaire!!!) laugh though at people like you because instead of doing something you bitch and moan
about the WEALTHY! Geez work at something other then a 40 hour job for someone else. Build your own fortune and today there
is more opportunities for it then ever! In fact IF YOU BILLY want an idea and a domain name I've registered that will if you want to work at it make you and me a millionaire I'll be happy to share! I'm just getting too old and lack the energy... but if you are still putting in 40 hours I'd be happy to share with you how we both could become millionaires from this idea.
You want to partner and become a millionaire???
Become a creator not a destroyer. Grow the pie bigger don't be like a dog and simply try to take away from someone else.
That's what animals do!
My goodness why do YOU think it is right to take from someone and give it someone else? That's theft!
Tax the wealthy...
Do you know that MOST wealthy people that have stocks are double taxed? Is that a new concept to you??
Is that fair? They get taxed on the Ordinary dividends as ordinary income which means they are taxed twice BECAUSE
when the corporation pays out in dividends it is AFTER the corporation has paid taxes.
So any shareholder in a corporation gets less of a dividend BECAUSE of corporate taxes and then when they get the dividend
they have to pay taxes as ordinary income....
But this goes way over your head I'm sure.
YOU are so uninformed about Americans income.
The AVERAGE hourly wage American makes $24.06 per hour !
FACT:
View attachment 32984
http://www.bls.gov/cps/minwage2013.pdf
See the below to see fewer and fewer people working at or below minimum wage..
In 1979 6,912,000 or 13.4% of all hourly workers or total hourly workers of 51,582,090
In 1989 3,162,000 or 50% LESS working at minimum wage of the 62,000,000 people working at hourly wage
In 2009 there were 3,572,000 people working at minimum wage of 72,897,959 at hourly wage or 4.9%
Finally in 2013 there were 3,300,000 working at minimum or 4.3% of 76,744,186 that work at hourly or 4.3%
I know these FACTS really send your little brain in a tizzy but this crap about poor Americans!
GEEZ look around you at you and your neighbors!
You are living the life KINGS 100s of years ago could NEVER imagine... reading right now words generated by someone else instantly!
When will you people quit bitching about issues of CHOICE for example:
I would have loved at age 25 to have the choice of putting the nearly $300,000 I've paid in to SS/Medicare into the market when I was 25 up to age 45... moved it to more secure and then at 65 at retirement... ...
Here is what would have happened IF I HAD HAD the choices which YOU want to deny people the right to choose!
Obviously I can't do it now BUT why are people like you thwarting my granddaughter from have a choice?
From her accumulating by forced savings over her future career millions of dollars for HER to have... and not have it going
to the Federal government that spends it on
My point is people should have the CHOICE and forcing them to pump money back into the Federal government for some cubicle dweller amidst the Ebola crisis, the government’s premier health agencies are burning their taxpayer funded budgets on wasteful programs faster than drunken monkeys. Based on a recent $3.2 million NIH study focused exclusively on getting monkeys drunk, that’s an analogy researchers should readily understand. -
View attachment 32987
God I already fucking explained to you before about your stupidity on the stats on the minimum wage. Yes assclown a small percentage of the population make the federal wage. However MILLIONS of Americans make less than 10 an hour. According to the CBO, raising the minimum wage would lift 16 million people out of poverty. Read this slowly will you? If you raised the minimum wage to $10 an hour, all of the wages below that would go up. Good god. Your scope is as small as your brain power dude. Pay attention.
The Effects of a Minimum-Wage Increase on Employment and Family Income Congressional Budget Office
Can you live on less than 10 an hour if you supported yourself entirely or you had kids? NO YOU CANT.
YOU IDIOT!
I'm going to make this in BIG BOLD LETTERS!!!
This is from the Federal Government!
Total that make Minimum WAGE... 3,550,000
DO YOU comprehend that?? less then 3,550,000 and of that 854,000 are teen agers 16 to 19!
HOW MANY of them have families???
View attachment 33012
NOW AVERAGE HOURLY WAGE in the USA!!!
Do you see ANYONE on the below list of hourly jobs making $10/hour???
View attachment 33013
Finally.. MORE FACTS versus YOUR MYTHS!!!
Myth #1: “Tons of families are affected by raising the minimum wage.”
How can you be against raising the minimum wage when poor workers are trying to satisfy their children’s needs? The imagery in the argument is enough to paint opponents as heartless people who hate poor children; however, the argument is light on facts and heavy on inaccurate imagery.
Fact: Only 1 percent of hourly-wage workers in America are married people making minimum wage.
Myth #2: “Most minimum wage workers are working two jobs, tons of hours and can’t make ends meet.”
This is another constant image. Progressives like to paint minimum wage workers as having multiple jobs and working a combined 70 hours per week just to feed their hungry children.
However, upon analyzing the actual data, it’s easy to realize that this is just another false image, portrayed by minimum wage proponents who are trying to skew the argument in their own favor by painting their opponents as cruel, rich politicians who don’t care about hard-working, poor people.
Fact: Only 2.6 percent of minimum wage workers are working more than 40 hours per week.
Myth #3: “Young workers make up a tiny part of total minimum wage workers.”
Once again, if you look at the data, it is clear that this is a nice sound bite for debates, but it’s not true at all.
Fact: People younger than 24 make up more than 50 percent of all minimum wage workers
AGAIN IDIOT look at the table Federal government provides: 1,797,000 are under age 24 or 50.6% of the 3,550,000 that make minimum wage!
5 Common Misconceptions About The Federal Minimum Wage In The US
Oh my god dude you are so thick. I don't know how else to explain this shit to you. Your facts in the second article are only people making 7.25 an hour. I am talking about any wages below 10 an hour. Your BLS graph does not say how many people make less than 10 an hour. It refers to WAGE AMOUNT AVERAGES. The averages are going to be high if the top wages in this country are so large. That SKEWS THE MATH. It says nothing about the number of people making these wages. That doesn't account for poor people in general. Your point is fucking moot if the issue is about raising the federal wage to 10 an hour. THAT MEANS ANYONE WHO MAKES WAGES BELOW 10 AN HOUR WOULD SEE THEIR WAGES GO UP. THAT IS FAR MORE THAN 3 MILLION PEOE. God how are you this thick? Think like a grown up will you?How do you not see the stupidity in saying raising taxes is communism? Revenue is what pays the nation's bills. Revenue as a percentage of GDP is at 16%. In 2000 it was at 20%. That means we are BORROWING MONEY when it comes to government expenses. Tax cuts for the wealthy don't do shit to stimulate substantial economic growth. If they did, Bush's ridiculous cuts would have helped the recession in his early presidency and prevented the Great Recession. Instead, we lost 8 million jobs while the revenue as percentage of GDP was at an historic low (15%). Tell me. Why was job growth under Bush so pathetic?Well what other conclusion when you want 'The wealthy could afford it too I promise. See the wealthy these days are investing less and less. Some investments that essentially becomes their personal wealth. They are keeping much of this money. 1% of the top earners own 40% of the nation's wealth." That's pure and simple communism. Share the wealth as the wealthy have too much!You people automatically jump to this retarded conclusion that I hate the wealthy or I hate capitalism. Everything is so black and white with you people. I am against privatizing SS therefore I must be against the free market. It's such childlike thinking. In reality I am perfectly okay with the free market and CEO's being well paid. What I do have a problem with is the average CEO making 350x more than the average worker. I just want to close the gap. I want people to be paid a wage they can live off of and one that keeps up with inflation. The last time a person making $10 an hour and could easily live of of it was in the 60's. That is how behind wages are. Does that seem fair to you considering how wealthy these job creators are in this day and age?So why don't YOU become wealthy?
Did you know that in 1850, the US was home to 19 millionaires.
But the years following the Civil War had seen a considerable increase in membership of that exclusive club.
By the end of the 1890's the number of millionaires in the US had swelled to more than 4,000.
A quarterly report prepared by the Economist Intelligence Unit on behalf of Barclays Wealth in 2007 estimated that there were 16,600,000 millionaires in the USA
Millionaire - Wikipedia the free encyclopedia
4,000 millionaires in 1890 40 times that ..16.6 million millionaires in 2007!
Population in 1890 there were 62,947,714 or a ratio of 1 million for every 15,736 people.
Population in 2014 317,297,938 number of millionaires: 4,000,000 or a ratio of 1 millionaire for every 793 people!
U.S. Population 2014 317 Million and 7.1 Billion in the World - US News
Now of course idiots will say a million dollars isn't the same in 1890 as it is in 2014.
So what? My point is there is a greater opportunity to be a millionaire today then anytime before and all idiots like you want to do
is steal from those that have it!
You rob the rich idiots are like a pack of wild dogs. You see someone who has more then you and you like a wild dog tear at it!
How gauche. How uncivilized.
People like me (and I'm no millionaire!!!) laugh though at people like you because instead of doing something you bitch and moan
about the WEALTHY! Geez work at something other then a 40 hour job for someone else. Build your own fortune and today there
is more opportunities for it then ever! In fact IF YOU BILLY want an idea and a domain name I've registered that will if you want to work at it make you and me a millionaire I'll be happy to share! I'm just getting too old and lack the energy... but if you are still putting in 40 hours I'd be happy to share with you how we both could become millionaires from this idea.
You want to partner and become a millionaire???
Become a creator not a destroyer. Grow the pie bigger don't be like a dog and simply try to take away from someone else.
That's what animals do!
My goodness why do YOU think it is right to take from someone and give it someone else? That's theft!
Tax the wealthy...
Do you know that MOST wealthy people that have stocks are double taxed? Is that a new concept to you??
Is that fair? They get taxed on the Ordinary dividends as ordinary income which means they are taxed twice BECAUSE
when the corporation pays out in dividends it is AFTER the corporation has paid taxes.
So any shareholder in a corporation gets less of a dividend BECAUSE of corporate taxes and then when they get the dividend
they have to pay taxes as ordinary income....
But this goes way over your head I'm sure.
YOU are so uninformed about Americans income.
The AVERAGE hourly wage American makes $24.06 per hour !
FACT:
View attachment 32984
http://www.bls.gov/cps/minwage2013.pdf
See the below to see fewer and fewer people working at or below minimum wage..
In 1979 6,912,000 or 13.4% of all hourly workers or total hourly workers of 51,582,090
In 1989 3,162,000 or 50% LESS working at minimum wage of the 62,000,000 people working at hourly wage
In 2009 there were 3,572,000 people working at minimum wage of 72,897,959 at hourly wage or 4.9%
Finally in 2013 there were 3,300,000 working at minimum or 4.3% of 76,744,186 that work at hourly or 4.3%
I know these FACTS really send your little brain in a tizzy but this crap about poor Americans!
GEEZ look around you at you and your neighbors!
You are living the life KINGS 100s of years ago could NEVER imagine... reading right now words generated by someone else instantly!
When will you people quit bitching about issues of CHOICE for example:
I would have loved at age 25 to have the choice of putting the nearly $300,000 I've paid in to SS/Medicare into the market when I was 25 up to age 45... moved it to more secure and then at 65 at retirement... ...
Here is what would have happened IF I HAD HAD the choices which YOU want to deny people the right to choose!
Obviously I can't do it now BUT why are people like you thwarting my granddaughter from have a choice?
From her accumulating by forced savings over her future career millions of dollars for HER to have... and not have it going
to the Federal government that spends it on
My point is people should have the CHOICE and forcing them to pump money back into the Federal government for some cubicle dweller amidst the Ebola crisis, the government’s premier health agencies are burning their taxpayer funded budgets on wasteful programs faster than drunken monkeys. Based on a recent $3.2 million NIH study focused exclusively on getting monkeys drunk, that’s an analogy researchers should readily understand. -
View attachment 32987
God I already fucking explained to you before about your stupidity on the stats on the minimum wage. Yes assclown a small percentage of the population make the federal wage. However MILLIONS of Americans make less than 10 an hour. According to the CBO, raising the minimum wage would lift 16 million people out of poverty. Read this slowly will you? If you raised the minimum wage to $10 an hour, all of the wages below that would go up. Good god. Your scope is as small as your brain power dude. Pay attention.
The Effects of a Minimum-Wage Increase on Employment and Family Income Congressional Budget Office
Can you live on less than 10 an hour if you supported yourself entirely or you had kids? NO YOU CANT.
YOU IDIOT!
I'm going to make this in BIG BOLD LETTERS!!!
This is from the Federal Government!
Total that make Minimum WAGE... 3,550,000
DO YOU comprehend that?? less then 3,550,000 and of that 854,000 are teen agers 16 to 19!
HOW MANY of them have families???
View attachment 33012
NOW AVERAGE HOURLY WAGE in the USA!!!
Do you see ANYONE on the below list of hourly jobs making $10/hour???
View attachment 33013
Finally.. MORE FACTS versus YOUR MYTHS!!!
Myth #1: “Tons of families are affected by raising the minimum wage.”
How can you be against raising the minimum wage when poor workers are trying to satisfy their children’s needs? The imagery in the argument is enough to paint opponents as heartless people who hate poor children; however, the argument is light on facts and heavy on inaccurate imagery.
Fact: Only 1 percent of hourly-wage workers in America are married people making minimum wage.
Myth #2: “Most minimum wage workers are working two jobs, tons of hours and can’t make ends meet.”
This is another constant image. Progressives like to paint minimum wage workers as having multiple jobs and working a combined 70 hours per week just to feed their hungry children.
However, upon analyzing the actual data, it’s easy to realize that this is just another false image, portrayed by minimum wage proponents who are trying to skew the argument in their own favor by painting their opponents as cruel, rich politicians who don’t care about hard-working, poor people.
Fact: Only 2.6 percent of minimum wage workers are working more than 40 hours per week.
Myth #3: “Young workers make up a tiny part of total minimum wage workers.”
Once again, if you look at the data, it is clear that this is a nice sound bite for debates, but it’s not true at all.
Fact: People younger than 24 make up more than 50 percent of all minimum wage workers
AGAIN IDIOT look at the table Federal government provides: 1,797,000 are under age 24 or 50.6% of the 3,550,000 that make minimum wage!
5 Common Misconceptions About The Federal Minimum Wage In The US
