Ryan is against social security and other social safety nets, despite having collected survivor's benefits thru his college years.
It's the same demeaning situation as AA was to Clarence Thomas, being forced to go through college with that stigma.
Better to pull up the ladder than to run America"a youth up that gantlet!
That is a lie and you are a liar.
Ryan has NEVER spoken out against Social Security as a program.
You are a liar and a coward
If you call totally revising social security so the it is unfeconnizable except in name only, you might be right.
But by common definitions of the word "liar," that would be Ryan.
And you.Ryan's budget:
- Allows workers age 55 or younger to invest a large portion of their Social Security taxes in the stock market.
- Diverts $1 trillion from the Social Security Trust Fund, where benefits are guaranteed, to the casino of Wall Street.
- Puts the government on the hook for stock market losses.
Do not cut benefits
- Cuts benefits by 40% for middle-income workers making about $43,000.
- Cuts benefits by 50% for middle-income workers making about $70,000.
- Cuts benefits even more for higher-income workers.
[Estimates from the Center on Budget & Policy Priorities]
Do not raise the retirement age
- Raises the normal retirement age to 68 by 2027, and increases it every two years so it will reach 70 later this century.
- Raising the retirement age to 70 is about a 20% benefit cut.
One of the biggest problems with SS is that they're trying to pay 2015 benefis with 1965 money
When little Johnny started his first Job in 1965, the goobermint took about $5 a week from him (and his employer combined) give or take. Doesn't matter the exact amount.
So dimocrap scum, being dimocrap scum, take the money and buy votes with it....... "Her ya go. Vote dimocrap!" Didn't save or invest a nickel
So when Little Johnny turns 66 this Month, all the goobermint has is the $5 with which to pay him. Actuarially, a little more than that. Probably around $15 since Johnny worked about 3 times longer than he'll live post-retirement. Gets complicated
But that's over your head..... As is most eveything.
But, if we were to take that money and invest it in -- Anything. Little Johnny wouldn't get the paltry $350 a week he's getting now. He'd be getting around $1,500 a week.
And the only way the goobermint has of giving Johnny the $350 is by taking it from you..... Who accounts for $3 of it.
This is why dimocraps should never be left in charge of anything -- You're stupid.
Using Einstein's Rule of 72 (some say his only worthwhile contribution to science) we know that if we divide any compound interest rate into the number 72, the answer will tell us how many years it takes for that money to double.
So if we take 7 years for that $5 to double that means that the $5 that Johnny put in to the SS Fund should be worth $640 today.
And that is just $5.
Just one year at $5 a week would give Johnny $233,000 a year to live on. And if you take it actuarially, it should give him near to $400,000 a year because he put into it for 50 years and will only live, on average, for 20 years after retirement.
You're not just scumbags, you're stupid.
Ryan's idea is the best ever to save SS.
But you won't do it because -- You're stupid.
Me? **** Social Security. I did my own. Did pretty good with it, too. Not great because I was a democrat before I realized what a life of loserdom being a democrat was. I didn't grow up until I was older.
Had I grown up in my 30s, I would be a multi millionaire right now. But I didn't.
But at least I eventually did. Better late than never
You won't. You're too stupid.
Get used to the taste of cat food