Which party will actually pay for the new Debt, or will Social Security & Medicare go Bankrupt?

[Admiral Rockwell Tory]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

You are implying that it is even possible to "pay for it".

With or without Covid-19, with or without the economic down turn, whether Democrats or Republicans are in office....

You can't pay for socialism. It never works. Never. Not one time in all human history, has taking from group A, to pay for group B, worked.

If Social Security and Medicare were possible to have working, then we would never have the concept of a Ponzi scheme, because both of those are ponzi schemes.

In the end, my guess is that health care in the US will end up run by the government, and thus will end up declining in quality to meet the ability of the government to pay.

Social Security will equally need to be cut to the ability of the government to pay. The way they will do this, is by cutting the retirement age, meaning raise the retirement age to 75 or something.

Now there are a few alternatives that the nation could go down, that will be absolutely devastating.

One is a drastic increase in taxes, which will cause capital flight and economic decline. That would be much like what we saw in Greece.

The other option is that government just keeps spending, until they destroy themselves. Again, much like Greece.

Given the recent rise of incompetence, like AOC who is exceedingly popular, even after saying things as utterly mindless as she's going to "spend" the money from a tax cut on schools and health care.....

I see the Greece result as more and more a real possibility.

There is no way to "pay" for Social Security and Medicare/Medicaid. These programs, were never, and are not, sustainable. We have only been able to out-grow our spending thus far, but that can't continue forever.

You want 75 year-old truck drivers on the road? You want 75 year-old roofers working on your house? You want a 75 year-old nurse assisting your doctor?

You really have not thought this through, have you?

 

[kyzr]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

You are implying that it is even possible to "pay for it".

With or without Covid-19, with or without the economic down turn, whether Democrats or Republicans are in office....

You can't pay for socialism. It never works. Never. Not one time in all human history, has taking from group A, to pay for group B, worked.

If Social Security and Medicare were possible to have working, then we would never have the concept of a Ponzi scheme, because both of those are ponzi schemes.

In the end, my guess is that health care in the US will end up run by the government, and thus will end up declining in quality to meet the ability of the government to pay.

Social Security will equally need to be cut to the ability of the government to pay. The way they will do this, is by cutting the retirement age, meaning raise the retirement age to 75 or something.

Now there are a few alternatives that the nation could go down, that will be absolutely devastating.

One is a drastic increase in taxes, which will cause capital flight and economic decline. That would be much like what we saw in Greece.

The other option is that government just keeps spending, until they destroy themselves. Again, much like Greece.

Given the recent rise of incompetence, like AOC who is exceedingly popular, even after saying things as utterly mindless as she's going to "spend" the money from a tax cut on schools and health care.....

I see the Greece result as more and more a real possibility.

There is no way to "pay" for Social Security and Medicare/Medicaid. These programs, were never, and are not, sustainable. We have only been able to out-grow our spending thus far, but that can't continue forever.

1. Social Security is NOT a ponzi scheme. With no action it will pay 70% of the promised benefits. With a few tweeks or "fixes" it can be made solvent for the rest of the century. Fixes like raising the retirement ages since people are living longer. Means testing, and a small cut to the COLA and it works.

2. Why do you think that we will end up with Medicare for all? That is a disaster. Lois Lerner in-charge of your access to healthcare, and many hospital closures. Google "hospital closures with medicare for all".

3. We are not talking a "drastic increase in taxes" the EU has higher tax rates and they are doing just fine. Better is cutting spending with the tax increase. Both sides scream like stuck pigs. Welfare and Medicaid need to be cut along with Defense.
My new taxes are the top rate goes up about 7%, let the pigs scream. Then add a transaction tax on financial transactions to stop high frequency trading. Then add a Federal sales tax and a bump in the gas tax.

4. Capital flight to where? China? The EU? Ireland? That leads to my last tax, a "Remittance tax" on money sent out of the US, which would fix "capital flight as well as money being sent back home by immigrants.

5. Fixing Medicare and SS is easy. Just read these and pick a few. Otherwise Medicare is bankrupt in 2026 and SS in 2037.
Social Security fixes:
https://www.fool.com/retirement/2018/05/21/how-warren-buffett-thinks-we-should-fix-social-sec.aspx
https://money.usnews.com/money/blogs/planning-to-retire/2014/11/14/5-potential-social-security-fixes
https://www.aarp.org/work/social-security/info-05-2012/future-of-social-security-proposals.html

Medicare Fixes:
https://www.fool.com/retirement/general/2016/03/27/7-ways-to-fix-medicare.aspx
https://thehill.com/opinion/healthcare/369151-fix-what-weve-got-and-make-medicare-right-this-year
https://www.nationalaffairs.com/publications/detail/how-to-save-and-fix-medicare
https://www.aarp.org/content/dam/aarp/health/medicare-and-medicaid/2012-05/The-Future-Of-Medicare.pdf

 

[kyzr]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Neither one, dumass. Political parties don't pay taxes.

WTF are you hallucinating about? Who writes the tax laws?
Who wrote the last tax cuts that aren't working no matter what Manuchin says?

So what you really meant to say is that Dims will raise all our taxes.

We already knew that, dumbass.

What they will do is raise taxes on the wealthy, and perhaps tobacco users; two groups that cannot protect themselves via vote.

The wealthy have gotten themselves many tax cuts. They can buy politicians.

Given the fact they pay most of the federal income tax for the rest of us, who would you suggest get a tax break?

Someone needs to pay the bills, might should be the folks with all the money.

View attachment 329424

That is literally the moral code of a thug:

Your proposed cuts added together are about $400b. So you're about $600b short of a Balanced Budget.
Someone needs to pay the fucking bills. Who should that be?
A VAT is paid by everyone, as an example.

A VAT is a hidden tax, which is precisely thugs such as you like it.

I'm fine having the tax shown on the receipt. Call it a VAT, a sales tax, or a consumption tax. We need to raise revenue.

That's about as regressive a tax as you can get.

What tax is regressive? The income tax is not.
The Fed sales tax is fair.
Everyone needs to pay some tax to get out of the hole.

 

[Admiral Rockwell Tory]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Neither one, dumass. Political parties don't pay taxes.

WTF are you hallucinating about? Who writes the tax laws?
Who wrote the last tax cuts that aren't working no matter what Manuchin says?

So what you really meant to say is that Dims will raise all our taxes.

We already knew that, dumbass.

What they will do is raise taxes on the wealthy, and perhaps tobacco users; two groups that cannot protect themselves via vote.

The wealthy have gotten themselves many tax cuts. They can buy politicians.

Given the fact they pay most of the federal income tax for the rest of us, who would you suggest get a tax break?

Someone needs to pay the bills, might should be the folks with all the money.

View attachment 329424

That is literally the moral code of a thug:

Your proposed cuts added together are about $400b. So you're about $600b short of a Balanced Budget.
Someone needs to pay the fucking bills. Who should that be?
A VAT is paid by everyone, as an example.

A VAT is a hidden tax, which is precisely thugs such as you like it.

I'm fine having the tax shown on the receipt. Call it a VAT, a sales tax, or a consumption tax. We need to raise revenue.

That's about as regressive a tax as you can get.

What tax is regressive? The income tax is not.
The Fed sales tax is fair.
Everyone needs to pay some tax to get out of the hole.

A value added tax is as regressive as you can get, The largest burden would be paid by the lower incomes, exactly the opposite of what you proposed. You need to work on your plan. It sucks so badly even you don't understand it.

 

[Ray From Cleveland]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

You are implying that it is even possible to "pay for it".

With or without Covid-19, with or without the economic down turn, whether Democrats or Republicans are in office....

You can't pay for socialism. It never works. Never. Not one time in all human history, has taking from group A, to pay for group B, worked.

If Social Security and Medicare were possible to have working, then we would never have the concept of a Ponzi scheme, because both of those are ponzi schemes.

In the end, my guess is that health care in the US will end up run by the government, and thus will end up declining in quality to meet the ability of the government to pay.

Social Security will equally need to be cut to the ability of the government to pay. The way they will do this, is by cutting the retirement age, meaning raise the retirement age to 75 or something.

Now there are a few alternatives that the nation could go down, that will be absolutely devastating.

One is a drastic increase in taxes, which will cause capital flight and economic decline. That would be much like what we saw in Greece.

The other option is that government just keeps spending, until they destroy themselves. Again, much like Greece.

Given the recent rise of incompetence, like AOC who is exceedingly popular, even after saying things as utterly mindless as she's going to "spend" the money from a tax cut on schools and health care.....

I see the Greece result as more and more a real possibility.

There is no way to "pay" for Social Security and Medicare/Medicaid. These programs, were never, and are not, sustainable. We have only been able to out-grow our spending thus far, but that can't continue forever.

You want 75 year-old truck drivers on the road? You want 75 year-old roofers working on your house? You want a 75 year-old nurse assisting your doctor?

You really have not thought this through, have you?

Instead of an increased retirement age, I would rather see mandatory IRA's that may allow a person to retire at a comfortable age. If you increase retirement age, all that would happen is more people ending up on disability.

My father was a bricklayer. After spending a lifetime doing that hard work, back surgeries, traction, he had to retire at 62. He didn't want to, but had no real choice. He loved his line of work.

 

[Admiral Rockwell Tory]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

You are implying that it is even possible to "pay for it".

With or without Covid-19, with or without the economic down turn, whether Democrats or Republicans are in office....

You can't pay for socialism. It never works. Never. Not one time in all human history, has taking from group A, to pay for group B, worked.

If Social Security and Medicare were possible to have working, then we would never have the concept of a Ponzi scheme, because both of those are ponzi schemes.

In the end, my guess is that health care in the US will end up run by the government, and thus will end up declining in quality to meet the ability of the government to pay.

Social Security will equally need to be cut to the ability of the government to pay. The way they will do this, is by cutting the retirement age, meaning raise the retirement age to 75 or something.

Now there are a few alternatives that the nation could go down, that will be absolutely devastating.

One is a drastic increase in taxes, which will cause capital flight and economic decline. That would be much like what we saw in Greece.

The other option is that government just keeps spending, until they destroy themselves. Again, much like Greece.

Given the recent rise of incompetence, like AOC who is exceedingly popular, even after saying things as utterly mindless as she's going to "spend" the money from a tax cut on schools and health care.....

I see the Greece result as more and more a real possibility.

There is no way to "pay" for Social Security and Medicare/Medicaid. These programs, were never, and are not, sustainable. We have only been able to out-grow our spending thus far, but that can't continue forever.

You want 75 year-old truck drivers on the road? You want 75 year-old roofers working on your house? You want a 75 year-old nurse assisting your doctor?

You really have not thought this through, have you?

Instead of an increased retirement age, I would rather see mandatory IRA's that may allow a person to retire at a comfortable age. If you increase retirement age, all that would happen is more people ending up on disability.

My father was a bricklayer. After spending a lifetime doing that hard work, back surgeries, traction, he had to retire at 62. He didn't want to, but had no real choice. He loved his line of work.

That mandatory IRA is just like a regressive tax.

 

[Ray From Cleveland]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

You are implying that it is even possible to "pay for it".

With or without Covid-19, with or without the economic down turn, whether Democrats or Republicans are in office....

You can't pay for socialism. It never works. Never. Not one time in all human history, has taking from group A, to pay for group B, worked.

If Social Security and Medicare were possible to have working, then we would never have the concept of a Ponzi scheme, because both of those are ponzi schemes.

In the end, my guess is that health care in the US will end up run by the government, and thus will end up declining in quality to meet the ability of the government to pay.

Social Security will equally need to be cut to the ability of the government to pay. The way they will do this, is by cutting the retirement age, meaning raise the retirement age to 75 or something.

Now there are a few alternatives that the nation could go down, that will be absolutely devastating.

One is a drastic increase in taxes, which will cause capital flight and economic decline. That would be much like what we saw in Greece.

The other option is that government just keeps spending, until they destroy themselves. Again, much like Greece.

Given the recent rise of incompetence, like AOC who is exceedingly popular, even after saying things as utterly mindless as she's going to "spend" the money from a tax cut on schools and health care.....

I see the Greece result as more and more a real possibility.

There is no way to "pay" for Social Security and Medicare/Medicaid. These programs, were never, and are not, sustainable. We have only been able to out-grow our spending thus far, but that can't continue forever.

You want 75 year-old truck drivers on the road? You want 75 year-old roofers working on your house? You want a 75 year-old nurse assisting your doctor?

You really have not thought this through, have you?

Instead of an increased retirement age, I would rather see mandatory IRA's that may allow a person to retire at a comfortable age. If you increase retirement age, all that would happen is more people ending up on disability.

My father was a bricklayer. After spending a lifetime doing that hard work, back surgeries, traction, he had to retire at 62. He didn't want to, but had no real choice. He loved his line of work.

That mandatory IRA is just like a regressive tax.

Perhaps, but if we have a standard such as retirement, then we need to find someway to fund it. Mandatory IRA's, increase in employee/ business contributions, raising the ceiling on yearly maximum contributions.......something.

If your bank allows customers to deposit 100 dollars, and withdraw 101 dollars at the same time, the bank can't stay open. If you retire at retirement age, and live the average US lifespan, you took out much more than you contributed.

 

[kyzr]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Neither one, dumass. Political parties don't pay taxes.

WTF are you hallucinating about? Who writes the tax laws?
Who wrote the last tax cuts that aren't working no matter what Manuchin says?

So what you really meant to say is that Dims will raise all our taxes.

We already knew that, dumbass.

What they will do is raise taxes on the wealthy, and perhaps tobacco users; two groups that cannot protect themselves via vote.

The wealthy have gotten themselves many tax cuts. They can buy politicians.

Given the fact they pay most of the federal income tax for the rest of us, who would you suggest get a tax break?

Someone needs to pay the bills, might should be the folks with all the money.

View attachment 329424

That is literally the moral code of a thug:

Your proposed cuts added together are about $400b. So you're about $600b short of a Balanced Budget.
Someone needs to pay the fucking bills. Who should that be?
A VAT is paid by everyone, as an example.

A VAT is a hidden tax, which is precisely thugs such as you like it.

I'm fine having the tax shown on the receipt. Call it a VAT, a sales tax, or a consumption tax. We need to raise revenue.

That's about as regressive a tax as you can get.

What tax is regressive? The income tax is not.
The Fed sales tax is fair.
Everyone needs to pay some tax to get out of the hole.

A value added tax is as regressive as you can get, The largest burden would be paid by the lower incomes, exactly the opposite of what you proposed. You need to work on your plan. It sucks so badly even you don't understand it.

WTF is wrong with sales tax? Its very simple.
I dumped the VAT because its hidden and no one knows how much tax is paid by whom.
You ok with a Fed sales tax?

 

[Admiral Rockwell Tory]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Neither one, dumass. Political parties don't pay taxes.

WTF are you hallucinating about? Who writes the tax laws?
Who wrote the last tax cuts that aren't working no matter what Manuchin says?

So what you really meant to say is that Dims will raise all our taxes.

We already knew that, dumbass.

What they will do is raise taxes on the wealthy, and perhaps tobacco users; two groups that cannot protect themselves via vote.

The wealthy have gotten themselves many tax cuts. They can buy politicians.

Given the fact they pay most of the federal income tax for the rest of us, who would you suggest get a tax break?

Someone needs to pay the bills, might should be the folks with all the money.

View attachment 329424

That is literally the moral code of a thug:

Your proposed cuts added together are about $400b. So you're about $600b short of a Balanced Budget.
Someone needs to pay the fucking bills. Who should that be?
A VAT is paid by everyone, as an example.

A VAT is a hidden tax, which is precisely thugs such as you like it.

I'm fine having the tax shown on the receipt. Call it a VAT, a sales tax, or a consumption tax. We need to raise revenue.

That's about as regressive a tax as you can get.

What tax is regressive? The income tax is not.
The Fed sales tax is fair.
Everyone needs to pay some tax to get out of the hole.

A value added tax is as regressive as you can get, The largest burden would be paid by the lower incomes, exactly the opposite of what you proposed. You need to work on your plan. It sucks so badly even you don't understand it.

WTF is wrong with sales tax? Its very simple.
I dumped the VAT because its hidden and no one knows how much tax is paid by whom.
You ok with a Fed sales tax?

Nope.

 

[kyzr]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

You are implying that it is even possible to "pay for it".

With or without Covid-19, with or without the economic down turn, whether Democrats or Republicans are in office....

You can't pay for socialism. It never works. Never. Not one time in all human history, has taking from group A, to pay for group B, worked.

If Social Security and Medicare were possible to have working, then we would never have the concept of a Ponzi scheme, because both of those are ponzi schemes.

In the end, my guess is that health care in the US will end up run by the government, and thus will end up declining in quality to meet the ability of the government to pay.

Social Security will equally need to be cut to the ability of the government to pay. The way they will do this, is by cutting the retirement age, meaning raise the retirement age to 75 or something.

Now there are a few alternatives that the nation could go down, that will be absolutely devastating.

One is a drastic increase in taxes, which will cause capital flight and economic decline. That would be much like what we saw in Greece.

The other option is that government just keeps spending, until they destroy themselves. Again, much like Greece.

Given the recent rise of incompetence, like AOC who is exceedingly popular, even after saying things as utterly mindless as she's going to "spend" the money from a tax cut on schools and health care.....

I see the Greece result as more and more a real possibility.

There is no way to "pay" for Social Security and Medicare/Medicaid. These programs, were never, and are not, sustainable. We have only been able to out-grow our spending thus far, but that can't continue forever.

You want 75 year-old truck drivers on the road? You want 75 year-old roofers working on your house? You want a 75 year-old nurse assisting your doctor?

You really have not thought this through, have you?

Right now you can retire at 62 with full benefits at 67.
WTF is wrong with raising the 62 to 64 and 67 to 68 over 10-years?

 

[kyzr]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Neither one, dumass. Political parties don't pay taxes.

WTF are you hallucinating about? Who writes the tax laws?
Who wrote the last tax cuts that aren't working no matter what Manuchin says?

So what you really meant to say is that Dims will raise all our taxes.

We already knew that, dumbass.

What they will do is raise taxes on the wealthy, and perhaps tobacco users; two groups that cannot protect themselves via vote.

The wealthy have gotten themselves many tax cuts. They can buy politicians.

Given the fact they pay most of the federal income tax for the rest of us, who would you suggest get a tax break?

Someone needs to pay the bills, might should be the folks with all the money.

View attachment 329424

That is literally the moral code of a thug:

Your proposed cuts added together are about $400b. So you're about $600b short of a Balanced Budget.
Someone needs to pay the fucking bills. Who should that be?
A VAT is paid by everyone, as an example.

A VAT is a hidden tax, which is precisely thugs such as you like it.

I'm fine having the tax shown on the receipt. Call it a VAT, a sales tax, or a consumption tax. We need to raise revenue.

That's about as regressive a tax as you can get.

What tax is regressive? The income tax is not.
The Fed sales tax is fair.
Everyone needs to pay some tax to get out of the hole.

A value added tax is as regressive as you can get, The largest burden would be paid by the lower incomes, exactly the opposite of what you proposed. You need to work on your plan. It sucks so badly even you don't understand it.

WTF is wrong with sales tax? Its very simple.
I dumped the VAT because its hidden and no one knows how much tax is paid by whom.
You ok with a Fed sales tax?

Nope.

How else can you get the bottom half of incomes to pay some tax?
A 2% or 3% sales tax won't kill anyone, and seems fair, much better than the "fair tax" or "flat tax" idea.

 

[Ray From Cleveland]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

You are implying that it is even possible to "pay for it".

With or without Covid-19, with or without the economic down turn, whether Democrats or Republicans are in office....

You can't pay for socialism. It never works. Never. Not one time in all human history, has taking from group A, to pay for group B, worked.

If Social Security and Medicare were possible to have working, then we would never have the concept of a Ponzi scheme, because both of those are ponzi schemes.

In the end, my guess is that health care in the US will end up run by the government, and thus will end up declining in quality to meet the ability of the government to pay.

Social Security will equally need to be cut to the ability of the government to pay. The way they will do this, is by cutting the retirement age, meaning raise the retirement age to 75 or something.

Now there are a few alternatives that the nation could go down, that will be absolutely devastating.

One is a drastic increase in taxes, which will cause capital flight and economic decline. That would be much like what we saw in Greece.

The other option is that government just keeps spending, until they destroy themselves. Again, much like Greece.

Given the recent rise of incompetence, like AOC who is exceedingly popular, even after saying things as utterly mindless as she's going to "spend" the money from a tax cut on schools and health care.....

I see the Greece result as more and more a real possibility.

There is no way to "pay" for Social Security and Medicare/Medicaid. These programs, were never, and are not, sustainable. We have only been able to out-grow our spending thus far, but that can't continue forever.

You want 75 year-old truck drivers on the road? You want 75 year-old roofers working on your house? You want a 75 year-old nurse assisting your doctor?

You really have not thought this through, have you?

Right now you can retire at 62 with full benefits at 67.
WTF is wrong with raising the 62 to 64 and 67 to 68 over 10-years?

Because there are just some jobs that people can't do in their later ages. Take Donald Trump and Joe Biden. Trump is as sharp as a tack. Biden on the other hand is more confused than a baby at a topless bar. He can't think straight, he can't remember a lot of things. Age doesn't play the same way with each and every person.

 

[Admiral Rockwell Tory]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

You are implying that it is even possible to "pay for it".

With or without Covid-19, with or without the economic down turn, whether Democrats or Republicans are in office....

You can't pay for socialism. It never works. Never. Not one time in all human history, has taking from group A, to pay for group B, worked.

If Social Security and Medicare were possible to have working, then we would never have the concept of a Ponzi scheme, because both of those are ponzi schemes.

In the end, my guess is that health care in the US will end up run by the government, and thus will end up declining in quality to meet the ability of the government to pay.

Social Security will equally need to be cut to the ability of the government to pay. The way they will do this, is by cutting the retirement age, meaning raise the retirement age to 75 or something.

Now there are a few alternatives that the nation could go down, that will be absolutely devastating.

One is a drastic increase in taxes, which will cause capital flight and economic decline. That would be much like what we saw in Greece.

The other option is that government just keeps spending, until they destroy themselves. Again, much like Greece.

Given the recent rise of incompetence, like AOC who is exceedingly popular, even after saying things as utterly mindless as she's going to "spend" the money from a tax cut on schools and health care.....

I see the Greece result as more and more a real possibility.

There is no way to "pay" for Social Security and Medicare/Medicaid. These programs, were never, and are not, sustainable. We have only been able to out-grow our spending thus far, but that can't continue forever.

You want 75 year-old truck drivers on the road? You want 75 year-old roofers working on your house? You want a 75 year-old nurse assisting your doctor?

You really have not thought this through, have you?

Right now you can retire at 62 with full benefits at 67.
WTF is wrong with raising the 62 to 64 and 67 to 68 over 10-years?

You oversimplify as it depends on your age. My wife can retire at 66 and 1/2 but I have to wait until 67. If you retire at 62 and continue working, your SS gets reduced. There are also no medical benefits, so you better have some pre-paid or your SS will just about pay for your health insurance. Then what do you live on?

 

[kyzr]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

You are implying that it is even possible to "pay for it".

With or without Covid-19, with or without the economic down turn, whether Democrats or Republicans are in office....

You can't pay for socialism. It never works. Never. Not one time in all human history, has taking from group A, to pay for group B, worked.

If Social Security and Medicare were possible to have working, then we would never have the concept of a Ponzi scheme, because both of those are ponzi schemes.

In the end, my guess is that health care in the US will end up run by the government, and thus will end up declining in quality to meet the ability of the government to pay.

Social Security will equally need to be cut to the ability of the government to pay. The way they will do this, is by cutting the retirement age, meaning raise the retirement age to 75 or something.

Now there are a few alternatives that the nation could go down, that will be absolutely devastating.

One is a drastic increase in taxes, which will cause capital flight and economic decline. That would be much like what we saw in Greece.

The other option is that government just keeps spending, until they destroy themselves. Again, much like Greece.

Given the recent rise of incompetence, like AOC who is exceedingly popular, even after saying things as utterly mindless as she's going to "spend" the money from a tax cut on schools and health care.....

I see the Greece result as more and more a real possibility.

There is no way to "pay" for Social Security and Medicare/Medicaid. These programs, were never, and are not, sustainable. We have only been able to out-grow our spending thus far, but that can't continue forever.

You want 75 year-old truck drivers on the road? You want 75 year-old roofers working on your house? You want a 75 year-old nurse assisting your doctor?

You really have not thought this through, have you?

Right now you can retire at 62 with full benefits at 67.
WTF is wrong with raising the 62 to 64 and 67 to 68 over 10-years?

Because there are just some jobs that people can't do in their later ages. Take Donald Trump and Joe Biden. Trump is as sharp as a tack. Biden on the other hand is more confused than a baby at a topless bar. He can't think straight, he can't remember a lot of things. Age doesn't play the same way with each and every person.

You are talking about 75 & 78 year olds. I'm talking about 64-68 year olds. Big difference.

 

[Admiral Rockwell Tory]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Neither one, dumass. Political parties don't pay taxes.

WTF are you hallucinating about? Who writes the tax laws?
Who wrote the last tax cuts that aren't working no matter what Manuchin says?

So what you really meant to say is that Dims will raise all our taxes.

We already knew that, dumbass.

What they will do is raise taxes on the wealthy, and perhaps tobacco users; two groups that cannot protect themselves via vote.

The wealthy have gotten themselves many tax cuts. They can buy politicians.

Given the fact they pay most of the federal income tax for the rest of us, who would you suggest get a tax break?

Someone needs to pay the bills, might should be the folks with all the money.

View attachment 329424

That is literally the moral code of a thug:

Your proposed cuts added together are about $400b. So you're about $600b short of a Balanced Budget.
Someone needs to pay the fucking bills. Who should that be?
A VAT is paid by everyone, as an example.

A VAT is a hidden tax, which is precisely thugs such as you like it.

I'm fine having the tax shown on the receipt. Call it a VAT, a sales tax, or a consumption tax. We need to raise revenue.

That's about as regressive a tax as you can get.

What tax is regressive? The income tax is not.
The Fed sales tax is fair.
Everyone needs to pay some tax to get out of the hole.

A value added tax is as regressive as you can get, The largest burden would be paid by the lower incomes, exactly the opposite of what you proposed. You need to work on your plan. It sucks so badly even you don't understand it.

WTF is wrong with sales tax? Its very simple.
I dumped the VAT because its hidden and no one knows how much tax is paid by whom.
You ok with a Fed sales tax?

Nope.

How else can you get the bottom half of incomes to pay some tax?
A 2% or 3% sales tax won't kill anyone, and seems fair, much better than the "fair tax" or "flat tax" idea.

A 2 or 3% sales tax won't hurt anyone? How can you say that? If you are making minimum wage, that's a lot of your money that just went out the window.

 

[Admiral Rockwell Tory]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

You are implying that it is even possible to "pay for it".

With or without Covid-19, with or without the economic down turn, whether Democrats or Republicans are in office....

You can't pay for socialism. It never works. Never. Not one time in all human history, has taking from group A, to pay for group B, worked.

If Social Security and Medicare were possible to have working, then we would never have the concept of a Ponzi scheme, because both of those are ponzi schemes.

In the end, my guess is that health care in the US will end up run by the government, and thus will end up declining in quality to meet the ability of the government to pay.

Social Security will equally need to be cut to the ability of the government to pay. The way they will do this, is by cutting the retirement age, meaning raise the retirement age to 75 or something.

Now there are a few alternatives that the nation could go down, that will be absolutely devastating.

One is a drastic increase in taxes, which will cause capital flight and economic decline. That would be much like what we saw in Greece.

The other option is that government just keeps spending, until they destroy themselves. Again, much like Greece.

Given the recent rise of incompetence, like AOC who is exceedingly popular, even after saying things as utterly mindless as she's going to "spend" the money from a tax cut on schools and health care.....

I see the Greece result as more and more a real possibility.

There is no way to "pay" for Social Security and Medicare/Medicaid. These programs, were never, and are not, sustainable. We have only been able to out-grow our spending thus far, but that can't continue forever.

You want 75 year-old truck drivers on the road? You want 75 year-old roofers working on your house? You want a 75 year-old nurse assisting your doctor?

You really have not thought this through, have you?

Right now you can retire at 62 with full benefits at 67.
WTF is wrong with raising the 62 to 64 and 67 to 68 over 10-years?

Because there are just some jobs that people can't do in their later ages. Take Donald Trump and Joe Biden. Trump is as sharp as a tack. Biden on the other hand is more confused than a baby at a topless bar. He can't think straight, he can't remember a lot of things. Age doesn't play the same way with each and every person.

You are talking about 75 & 78 year olds. I'm talking about 64-68 year olds. Big difference.

You are spitting in the wind. A one year delay won't help enough to make it worthwhile.

 

[Ray From Cleveland]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Neither one, dumass. Political parties don't pay taxes.

WTF are you hallucinating about? Who writes the tax laws?
Who wrote the last tax cuts that aren't working no matter what Manuchin says?

So what you really meant to say is that Dims will raise all our taxes.

We already knew that, dumbass.

What they will do is raise taxes on the wealthy, and perhaps tobacco users; two groups that cannot protect themselves via vote.

The wealthy have gotten themselves many tax cuts. They can buy politicians.

Given the fact they pay most of the federal income tax for the rest of us, who would you suggest get a tax break?

Someone needs to pay the bills, might should be the folks with all the money.

View attachment 329424

That is literally the moral code of a thug:

Your proposed cuts added together are about $400b. So you're about $600b short of a Balanced Budget.
Someone needs to pay the fucking bills. Who should that be?
A VAT is paid by everyone, as an example.

A VAT is a hidden tax, which is precisely thugs such as you like it.

I'm fine having the tax shown on the receipt. Call it a VAT, a sales tax, or a consumption tax. We need to raise revenue.

That's about as regressive a tax as you can get.

What tax is regressive? The income tax is not.
The Fed sales tax is fair.
Everyone needs to pay some tax to get out of the hole.

A value added tax is as regressive as you can get, The largest burden would be paid by the lower incomes, exactly the opposite of what you proposed. You need to work on your plan. It sucks so badly even you don't understand it.

WTF is wrong with sales tax? Its very simple.
I dumped the VAT because its hidden and no one knows how much tax is paid by whom.
You ok with a Fed sales tax?

Nope.

How else can you get the bottom half of incomes to pay some tax?
A 2% or 3% sales tax won't kill anyone, and seems fair, much better than the "fair tax" or "flat tax" idea.

A 2 or 3% sales tax won't hurt anyone? How can you say that? If you are making minimum wage, that's a lot of your money that just went out the window.

It works here. We have a 8% sales tax for state and county. Everything you buy in our county is subject to that tax. The rich pay it, the poor pay it, and anybody in between pays it.

 

[Andylusion]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Neither one, dumass. Political parties don't pay taxes.

WTF are you hallucinating about? Who writes the tax laws?
Who wrote the last tax cuts that aren't working no matter what Manuchin says?

So what you really meant to say is that Dims will raise all our taxes.

We already knew that, dumbass.

What they will do is raise taxes on the wealthy, and perhaps tobacco users; two groups that cannot protect themselves via vote.

The wealthy have gotten themselves many tax cuts. They can buy politicians.

Given the fact they pay most of the federal income tax for the rest of us, who would you suggest get a tax break?

Someone needs to pay the bills, might should be the folks with all the money.

View attachment 329424

That is literally the moral code of a thug:

Your proposed cuts added together are about $400b. So you're about $600b short of a Balanced Budget.
Someone needs to pay the fucking bills. Who should that be?
A VAT is paid by everyone, as an example.

A VAT is a hidden tax, which is precisely thugs such as you like it.

I'm fine having the tax shown on the receipt. Call it a VAT, a sales tax, or a consumption tax. We need to raise revenue.

VAT can never be shown on a receipt. Under a VAT, a product is taxed at every stage of it's production and sale to the customer. How would you show this on a receipt? The final seller wouldn't even know the actual amount.

OK, then not a VAT but a sales tax that is shown on the receipt.
Something that is easy to adjust the percentage to get the revenue needed.
I agree that a hidden tax is a bad idea.

So here's my problem with that claim. If all needed to do was just easily adjust the percentage, to get the revenue we needed.....

Then why has not a single country in the world been able to do that?

Let me take Germany for example. Germany is a great example of what I'm talking about. Much higher taxes across the board. And specifically a 19% sales tax

And yet, Germany is still borrowing money.

Germany could face budget deficits for years to come: Bild, citing government document

Germany faces a 25 billion euro ($29 billion) budget shortfall by 2023, unless it tightens spending, as tax revenues are set to fall and public sector wages are on the rise, Bild newspaper reported, citing an internal government document.

www.reuters.com

Why is that?

And specifically, what about the German pension system:

The German Pension Crisis To Become A Political Issue As In Italy | Armstrong Economics

The Pension Crisis is starting to be noticed in Europe. The German Finance Minister Olaf Scholz is arguing that the federal government has to guarantee the

www.armstrongeconomics.com

​

Nevertheless, the pension insurance assumes that by 2023, the contribution rate of 18.6% of gross wages must be increased yet again. This is already a hefty percentage of gross income and it is not going to be enough.​

So they are already paying several percentage points more, for their pension system, and it isn't going to be enough.

How much is enough? Take a loot at this:

This is a sales receipt from a McDonald's in Germany. I have a German woman friend, who sent this to me. Put simply, they ordered a 20/p Chicken Nuggets, and 3 Ice Teas. That order, with the 19% sales tax, was $20.

German people are poorer than US people. By far actually. Do you know that only 50% of Germans own a home? In the US 65% do. Do you know why Germany has 560 cars per 1,000 people, and the US has 830? Do you know why the average German house is just 600 sq ft, and the US is 830 sq ft?

German's are poorer. That's the answer. Even Germans that own cars, bicycle everywhere, because they can't afford to drive to work. That's why Germany has a highway for bicycles. It's not because they are environmentally conscious, or Eco-friendly, or super into health. It's because they are poor!

Germany's Completely Car-Free Bicycle Highway

The bicycle autobahn will connect 10 cities, and four universities, when finished.

interestingengineering.com

And what do they get for that? Average German pension pay out was $1,370.

That's actually LOWER than the US Social Security average check.

Are you grasping what I just said? They pay drastically higher taxes, live poorer lives, and end up with smaller pensions, and the currently level of taxes according to their own government, will have to be raised.

And honestly Germany is the BEST of all the examples in Europe. Most are far worse off.

So I go back to my original question to you....
If all we had to do was adjust the tax rates, and viola everything would be paid for and fixed... then why is there no such example anywhere in the world?

By the way, for the record, you do realize that a sales tax will be primarily levied against the poor and middle class... right?

 

[bripat9643]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

Neither one, dumass. Political parties don't pay taxes.

WTF are you hallucinating about? Who writes the tax laws?
Who wrote the last tax cuts that aren't working no matter what Manuchin says?

So what you really meant to say is that Dims will raise all our taxes.

We already knew that, dumbass.

What they will do is raise taxes on the wealthy, and perhaps tobacco users; two groups that cannot protect themselves via vote.

The wealthy have gotten themselves many tax cuts. They can buy politicians.

Given the fact they pay most of the federal income tax for the rest of us, who would you suggest get a tax break?

Someone needs to pay the bills, might should be the folks with all the money.

View attachment 329424

That is literally the moral code of a thug:

Your proposed cuts added together are about $400b. So you're about $600b short of a Balanced Budget.
Someone needs to pay the fucking bills. Who should that be?
A VAT is paid by everyone, as an example.

A VAT is a hidden tax, which is precisely thugs such as you like it.

I'm fine having the tax shown on the receipt. Call it a VAT, a sales tax, or a consumption tax. We need to raise revenue.

That's about as regressive a tax as you can get.

What tax is regressive? The income tax is not.
The Fed sales tax is fair.
Everyone needs to pay some tax to get out of the hole.

A value added tax is as regressive as you can get, The largest burden would be paid by the lower incomes, exactly the opposite of what you proposed. You need to work on your plan. It sucks so badly even you don't understand it.

WTF is wrong with sales tax? Its very simple.
I dumped the VAT because its hidden and no one knows how much tax is paid by whom.
You ok with a Fed sales tax?

Read up on the FAIR tax. It's a sales tax that resolves the issue of progressivisity.

 

[Ray From Cleveland]

The COVID-19 pandemic borrowing will make SS & Medicare less solvent.
Which party will raise taxes to save SS & Medicare for future generations?

The Future of America’s Entitlements: What You Need to Know About the Medicare and Social Security Trustees Reports - AAF

The Social Security and Medicare Trustees issued their annual reports detailing the financial state of America’s two largest entitlement programs.

www.americanactionforum.org

• Medicare’s Annual Cash Shortfall in 2019 was $396 billion;
• Payroll taxes would have to increase more than 15 percent to pay for Medicare Part A in 2019; and
• Over the next 75 years, Social Security will owe $16.8 trillion more than it is projected to take in.

You are implying that it is even possible to "pay for it".

With or without Covid-19, with or without the economic down turn, whether Democrats or Republicans are in office....

You can't pay for socialism. It never works. Never. Not one time in all human history, has taking from group A, to pay for group B, worked.

If Social Security and Medicare were possible to have working, then we would never have the concept of a Ponzi scheme, because both of those are ponzi schemes.

In the end, my guess is that health care in the US will end up run by the government, and thus will end up declining in quality to meet the ability of the government to pay.

Social Security will equally need to be cut to the ability of the government to pay. The way they will do this, is by cutting the retirement age, meaning raise the retirement age to 75 or something.

Now there are a few alternatives that the nation could go down, that will be absolutely devastating.

One is a drastic increase in taxes, which will cause capital flight and economic decline. That would be much like what we saw in Greece.

The other option is that government just keeps spending, until they destroy themselves. Again, much like Greece.

Given the recent rise of incompetence, like AOC who is exceedingly popular, even after saying things as utterly mindless as she's going to "spend" the money from a tax cut on schools and health care.....

I see the Greece result as more and more a real possibility.

There is no way to "pay" for Social Security and Medicare/Medicaid. These programs, were never, and are not, sustainable. We have only been able to out-grow our spending thus far, but that can't continue forever.

You want 75 year-old truck drivers on the road? You want 75 year-old roofers working on your house? You want a 75 year-old nurse assisting your doctor?

You really have not thought this through, have you?

Right now you can retire at 62 with full benefits at 67.
WTF is wrong with raising the 62 to 64 and 67 to 68 over 10-years?

Because there are just some jobs that people can't do in their later ages. Take Donald Trump and Joe Biden. Trump is as sharp as a tack. Biden on the other hand is more confused than a baby at a topless bar. He can't think straight, he can't remember a lot of things. Age doesn't play the same way with each and every person.

You are talking about 75 & 78 year olds. I'm talking about 64-68 year olds. Big difference.

The only difference is age. I have two cousins who both have their own remodeling business. One recently retired, but he struggled every day to work the last five years. My other cousin same way. Last we spoke, he can't do any of the physical labor anymore. He's basically a contractor, hires people, and oversees their work.

When you get older, changes take place. I can't do the same kind of work as I did at 25 years old. If you have a career that is very physically demanding, your body wears out real quick.