Funny shit, the notion that there is a lock box with SS funds in it. SS funds are indistinguishable from the general fund and have been so since LBJ..
An Executive Order Is Needed To Confiscate The Social Security Trust Fund
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
Funny shit, the notion that there is a lock box with SS funds in it. SS funds are indistinguishable from the general fund and have been so since LBJ..
An Executive Order Is Needed To Confiscate The Social Security Trust Fund
Yes real funny. And (guess what) that same general fund is liable to pay SS debt.Funny shit, the notion that there is a lock box with SS funds in it. SS funds are indistinguishable from the general fund and have been so since LBJ..
An Executive Order Is Needed To Confiscate The Social Security Trust Fund
Not LBJ, it was during Bill Clinton's term and they called a "unified budget".Funny shit, the notion that there is a lock box with SS funds in it. SS funds are indistinguishable from the general fund and have been so since LBJ..
An Executive Order Is Needed To Confiscate The Social Security Trust Fund
Pensions work best if they are run by the employees, i.e. like trade unions. Mob corruption used to be an issue, but the Mob is a shadow of itself.
Membership in trade unions has dropped since the turn of the last century. In 2000 it was about 16.33% and it was 14.57% in 2019.
Not at all unlike the buggy whip, the eight-track tape, and typewriter, they have outlived their purpose.
Not trade unions. Letting the workers handle their benefits is a great idea. Companies just pay in additional $$ per hour and the union handles pensions, health insurance, every fringe.
Outside of government, unions are pretty much a thing of the past. They will never come back either.
I am saying Trade unions are viable.
Try to keep up.
Here is a copy and paste of your post. Do you NOT say "not unions"?
"Not trade unions. Letting the workers handle their benefits is a great idea. Companies just pay in additional $$ per hour and the union handles pensions, health insurance, every fringe."
So, try to keep up.
How are trade unions viable when membership has dropped below 15%?
I need a link or two for that crap. If SS fails there will be heads on pikes all around DC.A global currency is almost upon us. There will be no SS.
What you are suggesting is that we keep a program not properly funded, and instead, make people work longer than they were promised they didn't have to. I was told from the beginning that at the age of 65, I could collect from the program I supported all of my life.
And what you are suggesting is that we keep a program that steals more and more from younger and younger generations rather than prepares people to be more personally responsible.
So typical of the FAR-LEFT. Everything is either totally black or totally white. No one is even suggesting that your benefits, instead of starting at 66, will now start at 70.
Pensions work best if they are run by the employees, i.e. like trade unions. Mob corruption used to be an issue, but the Mob is a shadow of itself.
Membership in trade unions has dropped since the turn of the last century. In 2000 it was about 16.33% and it was 14.57% in 2019.
Not at all unlike the buggy whip, the eight-track tape, and typewriter, they have outlived their purpose.
Not trade unions. Letting the workers handle their benefits is a great idea. Companies just pay in additional $$ per hour and the union handles pensions, health insurance, every fringe.
Outside of government, unions are pretty much a thing of the past. They will never come back either.
Which is opposite of what should happen. Trade unions are still strong in the big cities.
I believe you are the one who is wrong here. If you are no longer working (which is what I always thought "retirement" meant) where exactly do you expect "other income" to come from? Most people I know live paycheck to paycheck if they're lucky. Why would people who are already wealthy need more income? Providing money to live on when a person can no longer work is exactly what SS was intended to do. People who have an "other income" option don't need it.SS is an income tax and always has been and it was intended as a retirement plan. It is not contributed; it is taken. Benefits have been paid for by the recipient through forced contract. How many were forced to pay into the system but never received a dime in compensation? I receive S. Security. How much better might I have done had the government allowed me to keep what I had earned? Now it is quite literally a done deal and I fully expect the government to comply with it's part of it's own forced contract. It is not some kind of welfare; it is one of the most important National debts and must be considered as such. Purely idiotic to claim we cannot afford to pay debts to our own citizens while throwing away money on foreign aid to countries which we don't owe and don't even particularly like us.
Wrong.
One thing Social Security was never designed to be
Providing a financial floor for retired workers and protecting the disabled and survivors are the primary purposes of Social Security. What it was never intended to do was act as a primary source of income for retirees.
Social Security's 3 Purposes, and the 1 Thing It Was Never Intended For | The Motley Fool
America's most important social program is tasked with providing a financial backdrop for tens of millions of Americans.www.fool.com
You need to remember that "planing ahead" is not always an option nor do things always (if ever) work out the way we planned.I believe you are the one who is wrong here. If you are no longer working (which is what I always thought "retirement" meant) where exactly do you expect "other income" to come from? Most people I know live paycheck to paycheck if they're lucky. Why would people who are already wealthy need more income? Providing money to live on when a person can no longer work is exactly what SS was intended to do. People who have an "other income" option don't need it.SS is an income tax and always has been and it was intended as a retirement plan. It is not contributed; it is taken. Benefits have been paid for by the recipient through forced contract. How many were forced to pay into the system but never received a dime in compensation? I receive S. Security. How much better might I have done had the government allowed me to keep what I had earned? Now it is quite literally a done deal and I fully expect the government to comply with it's part of it's own forced contract. It is not some kind of welfare; it is one of the most important National debts and must be considered as such. Purely idiotic to claim we cannot afford to pay debts to our own citizens while throwing away money on foreign aid to countries which we don't owe and don't even particularly like us.
Wrong.
One thing Social Security was never designed to be
Providing a financial floor for retired workers and protecting the disabled and survivors are the primary purposes of Social Security. What it was never intended to do was act as a primary source of income for retirees.
Social Security's 3 Purposes, and the 1 Thing It Was Never Intended For | The Motley Fool
America's most important social program is tasked with providing a financial backdrop for tens of millions of Americans.www.fool.com
I think you have to plan ahead for retirement. I invested in real estate. Now I'm not working, and what I'm getting from the government isn't bad, but if only that alone, I wouldn't be living a comfortable lifestyle. But I spent 25 years as a landlord. I never took vacations during that time. I spent it here on my property catching up on stuff or tackling large jobs.
I took this route because I didn't know what retirement would mean down the road, cost of living, my medical costs and so forth would be compared to what I got from retirement. I was fortunate enough to have an employer that started an IRA for us over 20 years ago. It really paid off.
So now I get my government deposit, rent, and in an emergency, I can withdraw from my IRA account. I can still work part-time if I desire, but given my health problems, I'm going to wait until after this virus thing is past us before I consider that option. I'm at high risk of death if I catch this thing, and only go out for shopping or family gatherings.
You need to remember that "planing ahead" is not always an option nor do things always (if ever) work out the way we planned.I believe you are the one who is wrong here. If you are no longer working (which is what I always thought "retirement" meant) where exactly do you expect "other income" to come from? Most people I know live paycheck to paycheck if they're lucky. Why would people who are already wealthy need more income? Providing money to live on when a person can no longer work is exactly what SS was intended to do. People who have an "other income" option don't need it.SS is an income tax and always has been and it was intended as a retirement plan. It is not contributed; it is taken. Benefits have been paid for by the recipient through forced contract. How many were forced to pay into the system but never received a dime in compensation? I receive S. Security. How much better might I have done had the government allowed me to keep what I had earned? Now it is quite literally a done deal and I fully expect the government to comply with it's part of it's own forced contract. It is not some kind of welfare; it is one of the most important National debts and must be considered as such. Purely idiotic to claim we cannot afford to pay debts to our own citizens while throwing away money on foreign aid to countries which we don't owe and don't even particularly like us.
Wrong.
One thing Social Security was never designed to be
Providing a financial floor for retired workers and protecting the disabled and survivors are the primary purposes of Social Security. What it was never intended to do was act as a primary source of income for retirees.
Social Security's 3 Purposes, and the 1 Thing It Was Never Intended For | The Motley Fool
America's most important social program is tasked with providing a financial backdrop for tens of millions of Americans.www.fool.com
I think you have to plan ahead for retirement. I invested in real estate. Now I'm not working, and what I'm getting from the government isn't bad, but if only that alone, I wouldn't be living a comfortable lifestyle. But I spent 25 years as a landlord. I never took vacations during that time. I spent it here on my property catching up on stuff or tackling large jobs.
I took this route because I didn't know what retirement would mean down the road, cost of living, my medical costs and so forth would be compared to what I got from retirement. I was fortunate enough to have an employer that started an IRA for us over 20 years ago. It really paid off.
So now I get my government deposit, rent, and in an emergency, I can withdraw from my IRA account. I can still work part-time if I desire, but given my health problems, I'm going to wait until after this virus thing is past us before I consider that option. I'm at high risk of death if I catch this thing, and only go out for shopping or family gatherings.
Pensions work best if they are run by the employees, i.e. like trade unions. Mob corruption used to be an issue, but the Mob is a shadow of itself.
Membership in trade unions has dropped since the turn of the last century. In 2000 it was about 16.33% and it was 14.57% in 2019.
Not at all unlike the buggy whip, the eight-track tape, and typewriter, they have outlived their purpose.
Not trade unions. Letting the workers handle their benefits is a great idea. Companies just pay in additional $$ per hour and the union handles pensions, health insurance, every fringe.
Outside of government, unions are pretty much a thing of the past. They will never come back either.
Which is opposite of what should happen. Trade unions are still strong in the big cities.
Maybe, but that's because such a industry can't be moved out of the country. For other industries, that's exactly what happened. While unions got greedier and greedier, American consumers got cheaper and cheaper. The only way an American company could compete with overseas products is to get away from the unions either by moving out of state or out of the country.
Pensions work best if they are run by the employees, i.e. like trade unions. Mob corruption used to be an issue, but the Mob is a shadow of itself.
Membership in trade unions has dropped since the turn of the last century. In 2000 it was about 16.33% and it was 14.57% in 2019.
Not at all unlike the buggy whip, the eight-track tape, and typewriter, they have outlived their purpose.
Not trade unions. Letting the workers handle their benefits is a great idea. Companies just pay in additional $$ per hour and the union handles pensions, health insurance, every fringe.
Outside of government, unions are pretty much a thing of the past. They will never come back either.
Which is opposite of what should happen. Trade unions are still strong in the big cities.
Maybe, but that's because such a industry can't be moved out of the country. For other industries, that's exactly what happened. While unions got greedier and greedier, American consumers got cheaper and cheaper. The only way an American company could compete with overseas products is to get away from the unions either by moving out of state or out of the country.
True, but the thing is industrial unions also mostly let the companies themselves handle the fringes, which was a mistake.
They big advantage you get from union controlled fringes for a given industry is cost certainty.
Which is opposite of what should happen. Trade unions are still strong in the big cities.
Which is opposite of what should happen. Trade unions are still strong in the big cities.
The value of employees to an employer has increased since unions were needed.
I didn't know black folks was all billionaires.There is no trust fund. S.S. is a ponzi scheme.
Shhhhhb it drives the left up the wall when you state the truth
So you support the new 7 trillion in debt under Trump?
People paid into S.S. and it is owed them. Do we really owe billionaires millions in stimulus?
Which is opposite of what should happen. Trade unions are still strong in the big cities.
The value of employees to an employer has increased since unions were needed.
Maybe so, but the value of a union taking over all the fringe costs of an employee might increase that value.