Zone1 Social Security Scam

[ThunderKiss1965]

Which is why Social Security is not a Ponzi Scheme
It is funded

Social Security’s scary unfunded liability | Social Security Report

Laurence Kotlikoff, writing an op-ed in The Hill, laments that no one is addressing Social Security's $43 trillion unfunded liability, up $9 trillion from last year. Buried at the end of the April 2019 Trustees report, he calls it "the most important and scariest number in the report" and notes...

socialsecurityreport.org

 

[rightwinger]

Social Security’s scary unfunded liability | Social Security Report

Laurence Kotlikoff, writing an op-ed in The Hill, laments that no one is addressing Social Security's $43 trillion unfunded liability, up $9 trillion from last year. Buried at the end of the April 2019 Trustees report, he calls it "the most important and scariest number in the report" and notes...

socialsecurityreport.org

Fear mongering based on faulty projections

Social Security needs to be adjusted. Gradually raise the full retirement age to 70, double the contribution limit to your first $250,000 and that liability will disappear

Congress just needs to step up

 

[ThunderKiss1965]

Fear mongering based on faulty projections

Social Security needs to be adjusted. Gradually raise the full retirement age to 70, double the contribution limit to your first $250,000 and that liability will disappear

Congress just needs to step up

The unfailing answer of every loon. We just have to spend more.

 

[dblack]

Which is why Social Security is not a Ponzi Scheme
It is funded

That's what I've been saying. It's worse than a Ponzi scheme. It's a Ponzi scheme you're forced to join.

 

[rightwinger]

That's what I've been saying. It's worse than a Ponzi scheme. It's a Ponzi scheme you're forced to join.

You are forced to join society and must live with what is best for all

You don’t always get your way

 

[dblack]

You are forced to join society and must live with what is best for all

You don’t always get your way

No, you don't get to play that. Granting sovereignty to the government is conditional on government following the fucking rules - the Constitution. If some of you want to abandon that, the deal's off, and things will go to shit in a hurry. Which is kinda what's happening, isn't it?

 

[rightwinger]

No, you don't get to play that. Granting sovereignty to the government is conditional on government following the fucking rules - the Constitution. If some of you want to abandon that, the deal's off, and things will go to shit in a hurry. Which is kinda what's happening, isn't it?

Yea…most people who don’t like a Government program whine that it is not Constitutional

Why don’t you take it to court?

 

[dblack]

Yea…most people who don’t like a Government program whine that it is not Constitutional

Why don’t you take it to court?

The Courts have failed us. But you go on with your campaign, and watch the house of cards continue to crumble.

There's a direct relationship between liberal ambitions for expanding state power and the reactionary Trumpster movement. Again, the agreement is conditional. Government can't rule people the way you'd like. Even if they are in the minority.

 

[rightwinger]

The Courts have failed us. But you go on with your campaign, and watch the house of cards continue to crumble.

There's a direct relationship between liberal ambitions for expanding state power and the reactionary Trumpster movement. Again, the agreement is conditional. Government can't rule people the way you'd like. Even if they are in the minority.

Social Security has been law for over 80 years
Why haven’t your Conservative Courts declared it Unconstitutional?

 

[dblack]

Social Security has been law for over 80 years
Why haven’t your Conservative Courts declared it Unconstitutional?

Beats me. They fucked up though. And now we're paying the price.

 

[rightwinger]

Beats me. They fucked up though. And now we're paying the price.

Social Security is very popular
Except from ultra Conservatives who want to kill it

 

[dblack]

Social Security is very popular
Except from ultra Conservatives who want to kill it

You seem to be missing the point. Quite deliberately, I'm sure. "Popular" doesn't mean "something we get to force on everyone".

 

[rightwinger]

You seem to be missing the point. Quite deliberately, I'm sure. "Popular" doesn't mean "something we get to force on everyone".

Yea, that is usually the way Democracy works

You can’t always get what you want
But you find sometimes, you get what you need

 

[dblack]

Yea, that is usually the way Democracy works

Which is why the founders set up provisions to avoid the way democracy usually works.

 

[rightwinger]

Which is why the founders set up provisions to avoid the way democracy usually works.

Yes they did

We elect representatives to reflect our interests
Sometimes your interests lose out

 

[Blues Man]

Social Security has been law for over 80 years
Why haven’t your Conservative Courts declared it Unconstitutional?

Because like you most Americans are idiots

 

[rightwinger]

Because like you most Americans are idiots

Well, we did elect Trump

 

[dblack]

Well, we did elect Trump

Exactly. If that's not a solid indictment of democracy, I don't know what is.

 

[Couchpotato]

SS funds are used to pay existing retirees

Ponzi schemes never pay out for 80 years

A ponzi scheme uses current investors to pay out past investors. How is this not exactly what SS is doing?

 

[rightwinger]

A ponzi scheme uses current investors to pay out past investors. How is this not exactly what SS is doing?

A Ponzi scheme is not covered financially

Social Security is