Understanding Social Security - No, it's not your money

No shit.
That doesn't deter RWNJ'S from saying it is.
Exactly. These bozos think the federal budget can just decide yearly on what bills it will pay and which they will not. The idea behind the SS and Medicare trust funds is, they will be paid regardless where your 401s can vary, especially during recessions.
 
No shit.
That doesn't deter RWNJ'S from saying it is.
The MSM is the culprit. SS reports that the Trust Fund will be depleted by 2033, then the press reports that "SS will go broke in 2033".
 
The MSM is the culprit. SS reports that the Trust Fund will be depleted by 2033, then the press reports that "SS will go broke in 2033".
Yup
They have to print something and stir the pot. They must honor the trust fund but 2033 is a long way away not to figure out, like gee, let’s just raise the cap.
 
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Yup
They have to print something and stir the pot. They must honor the trust fund but 2033 is a long way away not to figure out, like gee, let’s just raise the cap.
SS will make recommendations to Congress, which will enact those recommendations. Congress has to address this before the massive baby boomer generation hits SS.
 
The MSM is the culprit. SS reports that the Trust Fund will be depleted by 2033, then the press reports that "SS will go broke in 2033".
What’s hilarious is with all this fear of immigrant labor, these wages are essential to help pay these benefits for our present retirees. We need comprehensive reform to benefit both programs. That’s why the idiot Trump and his mass deportation program is just another scam. The deficit would skyrocket and a deep recession would follow. The gop knows this, so it’s just another Trump scam.
Deportation is just another variation on “ the wall and Mexico will pay for it. Deportation replaces the wall and Mexico pays is replaced by his tariff schemes…..how stupid can MAGAs be ?
 
SS will make recommendations to Congress, which will enact those recommendations. Congress has to address this before the massive baby boomer generation hits SS.
That and comprehensive immigration reform which is a big part of entitlements.
The gop now hopes congress will just be a bunch of oligarchs….
 
What’s hilarious is with all this fear of immigrant labor, these wages are essential to help pay these benefits for our present retirees. We need comprehensive reform to benefit both programs. That’s why the idiot Trump and his mass deportation program is just another scam. The deficit would skyrocket and a deep recession would follow. The gop knows this, so it’s just another Trump scam.
Deportation is just another variation on “ the wall and Mexico will pay for it. Deportation replaces the wall and Mexico pays is replaced by his tariff schemes…..how stupid can MAGAs be ?
Trump doesn't want to deport immigrants that are here legally. The work force won't be affected as there are many immigrants going through the legal process to come here for jobs. Unless they've committed crimes those deportees can get in the line for legal entry.
 
Trump doesn't want to deport immigrants that are here legally. The work force won't be affected as there are many immigrants going through the legal process to come here for jobs. Unless they've committed crimes those deportees can get in the line for legal entry.
Many illegals were here legally to begin with…and they have been “ illegal “ by over staying visas, having a family here who are citizens NOW. Most are long standing laborers and many highly skilled. You going to separate families and replace them with new unskilled laborers ? We need legislation and CIR not blanket deportation. Btw, getting in line will separate family’s for years….
 
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Trump doesn't want to deport immigrants that are here legally. The work force won't be affected as there are many immigrants going through the legal process to come here for jobs. Unless they've committed crimes those deportees can get in the line for legal entry.
Instead, I’d be in favor of a sharp reduction in immigrants and by sponsorship only, and dealing with the ones here, methodically and completely to accommodate our needs. Then, as the ones that need to be deported are, we can adjust our quotas accordingly.
 
Many illegals were here legally to begin with…and they have been “ illegal “ by over staying visas, having a family here who are citizens NOW. Most are long standing laborers and many highly skilled. You going to separate families and replace them with new unskilled laborers ? We need legislation and CIR not blanket deportation. Btw, getting in line will separate family’s for years….
Most bombastic statements by politicians are short on details. Such details, if actually worked out, would embroil them in endless debates, fueled mainly by the MSM.

Harris is the exception. She doesn't dare reveal details about her liberal agenda as it would certainly tank her campaign.
 
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Instead, I’d be in favor of a sharp reduction in immigrants and by sponsorship only, and dealing with the ones here, methodically and completely to accommodate our needs. Then, as the ones that need to be deported are, we can adjust our quotas accordingly.
Absolutely. Allow the skilled, 'overstays' to remain but charge them and their employers a hefty fine.
 
The MSM is the culprit. SS reports that the Trust Fund will be depleted by 2033, then the press reports that "SS will go broke in 2033".

Here is another thing that people don't realize.

At certain over all income thresholds 50% and than 85% of Social Security Benefits become Income Tax eligible. Taxes from those benefits are then returned to the Social Security Administration.

So a certain Presidential candidates campaign promise to make Social Security Benefits Income Tax free means less revenue for the SSA. That results in the Trust Fund being exhausted 5-6 years earlier.

WW
.
.
.
 
What’s hilarious is with all this fear of immigrant labor, these wages are essential to help pay these benefits for our present retirees. We need comprehensive reform to benefit both programs. That’s why the idiot Trump and his mass deportation program is just another scam. The deficit would skyrocket and a deep recession would follow. The gop knows this, so it’s just another Trump scam.
Deportation is just another variation on “ the wall and Mexico will pay for it. Deportation replaces the wall and Mexico pays is replaced by his tariff schemes…..how stupid can MAGAs be ?
Do even YOU believe the shit you post?
 
Funny, they don't whine about that.


If they were on a different retirement fund (Social Security) , as the rest of us, they wouldn't be crying about it going broke, for 44 years.
Yes,
Decades ago when the railroad companies were going broke trying to pay their employees and operate their trains and make a profit they entered into an agreement with the US Government where employees and them would not use SS but instead a completely separate plan that made the employee pay the same as SS but the Company would pay a much lesser amount. They named it Railroad retirement and the employees would not be entitled to social security unless they paid into social security sufficiently to qualify. (Which everyone doubted they would do)

As a result RR Retirement benefits greatly exceeded any and all benefits of Social Security ever dreamed of paying it's participants. And the nest egg developed by the workers was transferable to their beneficiaries upon death.

IOW a MUCH better program and more cost effective than Social Security.
 
Absolutely. Allow the skilled, 'overstays' to remain but charge them and their employers a hefty fine.
Imo, they need to be fully sponsored by the businesses who employ them……whatever fines that are imposed the business has to pay regardless
 
But there is a continuation of the "money"....... in that your children would get your SS if you died. Or your wife. Or your ex wife. The money just moves on.... if there are survivors entitled to your benefits,..:)
 
But there is a continuation of the "money"....... in that your children would get your SS if you died. Or your wife. Or your ex wife. The money just moves on.... if there are survivors entitled to your benefits,..:)
Not for very long for children and stops when your wife dies.
 
But there is a continuation of the "money"....... in that your children would get your SS if you died. Or your wife. Or your ex wife. The money just moves on.... if there are survivors entitled to your benefits,..:)
You cannot gift SS benefits to anyone that you want.
 

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