“It will be my objective to phase out Social Security." - Sen. Mike Lee says the quiet part out loud.

[kyzr]

Until it implodes.

How can it implode? Worst case retirees get 70% of promised benefits.

 

[Zincwarrior]

How can it implode? Worst case retirees get 70% of promised benefits.

The Republicans will try to implode it.

 

[kyzr]

I see how it works in your utopia at the barrel of a government gun, but in a free society, Individuals should be responsible for their own retirement savings.
By the model you're endorsing, you may as well just come right out and say from each according to his ability and to each according to his need.
Why do you hate taking responsibility for oneself?
Why do you hate freedom?
Why do you champion theft and redistribution of the fruits of one's labor by force of the barrel of a government gun?
Why, Santy Claus? Why?

1. Majority rules, the majority setup the mandatory SS retirement system, just like paying income tax or into Medicare
2. Put up any new Law you want and watch it get defeated, SS is the 3rd rail of politics, it will not change.
3. Why? BECAUSE WE SAID SO. IF YOU WANT TO MOVE, MOVE, see if taxes and retirement are better elsewhere.

 

[Mac-7]

2. Put up any new Law you want and watch it get defeated, SS is the 3rd rail of politics, it will not change.

Correction

SS will not go away, which libs claim to fear

But it must change

 

[kyzr]

Correction

SS will not go away, which libs claim to fear

But it must change

By change I hope you mean made solvent so retirees get their promised benefits?

 

[Lesh]

Well, its.on the democrat agenda, isn't it?

Not for anyone who isn’t really wealthy.

And not even close to all Dems

 

[Lesh]

Is that the best you can do?

Throwing your food against the wall is not going to work for you

The adults are going to do what's necessary to save SS in spite of you

So you don’t want to make it 100?

What then? 80?

 

[Lesh]

By change I hope you mean made solvent so retirees get their promised benefits?

He does not

 

[kyzr]

He does not

Wharton just published ways to reduce the Debt, one was raising the full SS retirement age to 70.

 

[Lesh]

Wharton just published ways to reduce the Debt, one was raising the full SS retirement age to 70.

Not generally bad if you work in sales or an office.

Terrible if you do physical work… especially outdoors

 

[jc456]

And?

the ponzi scheme failure yet again. And BTW, there are more of those.

 

[jc456]

By change I hope you mean made solvent so retirees get their promised benefits?

you haven't presented an argument with a solution yet. Where is it? Your only statement is to punish those who already completed the cycle by limiting their payout. Yours is as bad as every other option you complain about.

 

[jbrownson0831]

"to pull it up by the roots and get rid of it".

Well, that's plain enough for me! What do you think?

What do you care Lakookta? You have never held a job so you don't get any of it.

 

[j-mac]

"to pull it up by the roots and get rid of it".

Well, that's plain enough for me! What do you think?

Don’t you ever get tired of parroting the lies?

 

[initforme]

I cant argue with you about Boomers

They are a failed generation in many important ways

But each succeeding gen gets a little worse

God help us

How are boomers a failed generation? I believe each successive generation is getting better, harder working, and more productive.

 

[Zincwarrior]

Not generally bad if you work in sales or an office.

Terrible if you do physical work… especially outdoors

It also reduces your benefits by three years.

 

[Zincwarrior]

the ponzi scheme failure yet again. And BTW, there are more of those.

you want to get rid of it, yes?

 

[kyzr]

you haven't presented an argument with a solution yet. Where is it? Your only statement is to punish those who already completed the cycle by limiting their payout. Yours is as bad as every other option you complain about.

My solution is raising the cap and the early retirement age (62 to 63). If SS is not fixed, then retirees get 70% of promised benefits

 

[Lesh]

My solution is raising the cap and the early retirement age (62 to 63). If SS is not fixed, then retirees get 70% of promised benefits

Actually what happens is that the difference comes out of the general fund.

Better to raise or eliminate the cap

 

[Mac-7]

By change I hope you mean made solvent so retirees get their promised benefits?

Of course