3 Statistics About Social Security That Are Frightening

[Rustic]

If they were paid a survivable wage they wouldn't have to live in a basement. You want them to find their own place on dirt poor wages? If they are on their parents insurance at least they aren't freeloading like those that choose no insurance.

Always wanting other People’s Money... huh?

 

[initforme]

Nope....don't want other peoples money. Simp!y defending those that live in their parents basements. They aren't hurting the nation and frankly it isn't their priority to worry about the nation. Its about survival..so they don't get married and don't have kids. Does it matter? No it doesn't...dupes.

 

[initforme]

What does it matter if every single millenial lives in their parents basement? Truth be told it doesn't.

 

[imawhosure]

Perhaps if millenials could make a survivable wage they wouldn't have to live in their parents basements. So they don't get married..win for them....no kids....win for them and the nation.

Then maybe, just maybe, they could get a job, and wages would rise enough to make it worth their while to work, if their wasn't so much extra labor available, by allowing people from who knows where, come here, and put pressure on the labor market!

Let us extrapolate to something millennials can understand! ----------->why are cellphone bills so cheap today? Sure, technology has improved, but why are they soooooooo close to the margins, meaning they are loooooooow?

ANSWER---------->Competition! Eliminate 4 or 5 large carriers, and the price goes up as choices drop.

But Whosure, you say, isn't competition a good thing?!?!?!?!?!

Yes it is, as it causes prices to drop. But, there is a difference between competition in the marketplace, and competition in an over saturated labor market.

What is that Whosure?

ANSWER-------------> In the marketplace, the losers go out of business and disappear. In the labor market, if over saturated, wages drop.........meaning you are under paid; and those not willing to accept unfair compensation, or can not find a job at all, end up collecting from the taxpayer, causing either household outlays to rise because of higher taxes, or larger deficits that have to be paid for further down the road..........meaning the people who are young today will pay it tomorrow.

What the left will NOT tell you is--------> to have any sort of control of economic policy, you have to control........or at least know......the size of the labor force you need available. Need more labor? Let in more people legally. Times get tough, shut off the spigot to dry up the excess labor.

It is NOT rocket science!

 

[initforme]

Let jobs stay unfilled...do not let in people to fill them. Let them be unfilled. No loss.

 

[Markle]

Wrong. Just stop war spending and transfer those trillions to SS.

Do you plan to turn the keys to the White House over to China or Russia before you stop that spending or after?

 

[initforme]

If we can spend for wars we can spend for other things as well.

 

[Markle]

Raising (or better yet, eliminating) the earnings cap will solve all those problems.

I presume you also mean that those who pay more will receive benefits consistent with their increased donations.

 

[initforme]

And at the end some say class division should not exist because heck ya all we are all Americans. Not that simp!e.

 

[imawhosure]

50 grand today won't get one far...or ahead. But one might be able to feed themselves and pay rent. Staying single would be a must though.

Now that depends upon where you live init. A lower middle class person in New York, is upper middle class or above in many other states. Why do you think people are fleeing California and New York?

Let me put it to you this way, so everyone can see-------------> How much does it cost to buy a brand new house in California? How much in Georgia?

Why is the disparity so much different?

Housing materials are close to the same, and California actually has large tracks of desert that nobody lives in, so then why?!?!?!?!?!

I could answer it for you, but you would not believe me, you would say I am sort of right wing nut. Therefore, investigate it yourself. That is the best way to put yourself on a course of self enlightenment.

Do not think for a one second, that none of us ever believed at one time, as you do today. We DID!

And do NOT think we just changed our minds out of the clear blue sky. We learned!

But here, I will give you some info to start you on your path, and what to look for. If the law of supply and demand dictates the cost of the product, then why in California, are there not massive amounts of homes being erected, which by all economic logic........lower the price of homes-)

Now, that is not to say homes are not being erected, but not enough to over saturate the market, causing the prices to go down. Every builder in the country should be there making a financial killing.

Your job, should you decide to discover reality, is to find out WHY this is not happening as it does most everywhere else, in These United States-)

 

[gipper]

Wrong. Just stop war spending and transfer those trillions to SS.

Do you plan to turn the keys to the White House over to China or Russia before you stop that spending or after?

The US gov spends more on military than all other nations combined. We could stop now for several years and no nation could contest us. **** the US gov and their love of killing and destroying, all for the Oligarchy.

War is a racket...and it is always about the health of the state.

 

[initforme]

Hard to argue that Gipper.

 

[Markle]

If we can spend for wars we can spend for other things as well.

If we don't spend for wars, what else will there be for us to spend on?

 

[initforme]

50 grand even in a backwards generally low educated place like Georgia wouldn't provide a real living.

 

[gipper]

Hard to argue that Gipper.

...but sadly many Americans do not see it. They have accepted the lies of the empire.

 

[Norman]

Wrong. Just stop war spending and transfer those trillions to SS.

Do you plan to turn the keys to the White House over to China or Russia before you stop that spending or after?

The US gov spends more on military than all other nations combined. We could stop now for several years and no nation could contest us. **** the US gov and their love of killing and destroying, all for the Oligarchy.

War is a racket...and it is always about the health of the state.

Indeed cut the military. But first, end social security.

 

[Markle]

The US gov spends more on military than all other nations combined. We could stop now for several years and no nation could contest us. **** the US gov and their love of killing and destroying, all for the Oligarchy.

You're more than a few fries short of a Happy Meal.

China has us by the short and curlies if we do not greatly increase our ability to kill and destroy things. Petulant former President Barack Hussein Obama slowed and halted our development of new weapons.

Thanks to former President Bill Clinton, China now has ICBM's that can destroy satellites and strike anywhere in the world with pinpoint accuracy. They are producing new energy plants and submarines at an alarming rate. They have a submarine port inside of a mountain which can only be entered underwater so we never know how many are in port at any point in time.

Thanks to former Presidents Jimmy Carter and Bill Clinton, the Chinese control the seaports at both ends of the greatly enlarged Panama Canal. China also controls the Long Beach Port. They are currently investing Billions in the Carribean.

"From 2003 until 2012, China’s investment in the Caribbean has grown to $500 million. During his June 2013 visit to Trinidad and Tobago, China’s President Xi Jinping announced $3 billion in soft loans and investments, as well as a grant of Rm 500 (or $8 billion to the region). Most of the investments are meant for the construction of highways, ports and hospitals. While small compared with China’s presence in Latin America and Africa, it represents a substantial investment in contrast to the erosion of the US’s position in the region."
China Comes to the Caribbean

 

[gipper]

The US gov spends more on military than all other nations combined. We could stop now for several years and no nation could contest us. **** the US gov and their love of killing and destroying, all for the Oligarchy.

You're more than a few fries short of a Happy Meal.

China has us by the short and curlies if we do not greatly increase our ability to kill and destroy things. Petulant former President Barack Hussein Obama slowed and halted our development of new weapons.

Thanks to former President Bill Clinton, China now has ICBM's that can destroy satellites and strike anywhere in the world with pinpoint accuracy. They are producing new energy plants and submarines at an alarming rate. They have a submarine port inside of a mountain which can only be entered underwater so we never know how many are in port at any point in time.

Thanks to former Presidents Jimmy Carter and Bill Clinton, the Chinese control the seaports at both ends of the greatly enlarged Panama Canal. China also controls the Long Beach Port. They are currently investing Billions in the Carribean.

"From 2003 until 2012, China’s investment in the Caribbean has grown to $500 million. During his June 2013 visit to Trinidad and Tobago, China’s President Xi Jinping announced $3 billion in soft loans and investments, as well as a grant of Rm 500 (or $8 billion to the region). Most of the investments are meant for the construction of highways, ports and hospitals. While small compared with China’s presence in Latin America and Africa, it represents a substantial investment in contrast to the erosion of the US’s position in the region."
China Comes to the Caribbean

Yeah I am crazy for finding American wars and constant military interventions the world over, fucked up.

Long live the Empire!!!

 

[sartre play]

Thanks Ima, it's what is missing on this board, thoughtful opinions or fact checked reply, just to easy to just insult those you disagree with.

 

[JoeTheEconomist]

When more retire with higher benefits and less than interest amounts grow it vs paying in, it begins to collapse. The govt has never been good with others money.
If we were to have an option to invest 25% of what we pay in, into a 401k, we would have much more to retire on, and what is left can be passed on to our families. The rate of return as it sits now is only 1.23%.

Things are considerably worse that you are proposing in two ways.

First, if you divert 25% of your payroll taxes to a "401K" type of account. The existing system crashes much faster, and with much larger cuts.

Second, Where did you get the 1.23% from? Likely that is a backward looking ROI from the SSA on the program's return. The problem is that we are going through benefit reductions today that were enacted 40 years ago. The ROI from today isn't good going forward. Some of this is personal opinion that can be substantiated with SSA reports. A typical worker now loses money on the program. That is a much longer discussion though.

Point 2 is a serious problem because if we raise taxes, the return only gets worse. All you are doing is paying today's seniors by putting future seniors into more poverty. It is a classic kick-the-can idea.

. There is a way to raise revenue's for the fund, and turn it into the program it was supposed to be, but why isn't there any great ideas being jumped on when they materialize ? Is it because on the one hand we have those who are the ones that played the game right, and are rightfully dependent on the program being run right, now being disrespected by those who are corrupt in our government ??

Does the government know who it's dealing with, and therefore it has treated this program in the ways that it wanted to all because of ??

When are where we are because voters elected people who told us that the game was right. We now feel justified that it was right despite the overwhelming evidence that people did not pay enough for the benefits that they received. We would rather believe in nefarious hobgoblins, than the possibility that we misplaced our trust in our politicians who said the game was right. We would rather be faultless victims than willing idiots.