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Social Security Expected to Dip Into Its Reserves This Year

Discussion in 'Current Events' started by MolonLabe2009, Jun 5, 2018.

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  1. Bluesguy

    Bluesguy Well-Known Member Donor

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    You tax away the increased profits. You still think redistribution is growth. How absurd.
     
    Bluesguy, Jun 7, 2018
    #401
  2. Bluesguy

    Bluesguy Well-Known Member Donor

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    And screw the economy and economic growth, redistribution in the name of "fairness" is more important!
     
    Bluesguy, Jun 7, 2018
    #402
    Longshot likes this.
  3. Bluesguy

    Bluesguy Well-Known Member Donor

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    The left tries to brag about Obama cutting his deficits in half when in fact it was the Republican austerity that did that.
     
    Bluesguy, Jun 7, 2018
    #403
  4. Longshot

    Longshot Well-Known Member

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    It's very primitive and based upon envy. There have been such people among us since pre-history.
     
    Longshot, Jun 7, 2018
    #404
  5. Bluesguy

    Bluesguy Well-Known Member Donor

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    Which was only 5% of GDP and their policies failed to mitigate it and the economic slowdown and then get us into a full recovery. That was their job, they failed.
     
    Bluesguy, Jun 7, 2018
    #405
  6. ronv

    ronv Well-Known Member

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    There is no data to support that increasing the top marginal rate reduces GDP (growth). Therefore raising the rates on the top earners serves to help with wage inequality.
     
    ronv, Jun 7, 2018
    #406
  7. freakonature

    freakonature Well-Known Member

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    it's still part of your contribution. the cost of your employment includes 6.2% for ss.

    ssi is separate, and private insurance is cheaper, more options and better benefits with fewer strings attached.
     
    freakonature, Jun 7, 2018
    #407
  8. Longshot

    Longshot Well-Known Member

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    The reason we have taxes is to fund the government, right?
     
    Longshot, Jun 7, 2018
    #408
  9. freakonature

    freakonature Well-Known Member

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    our entire monetary, economic and tax system are setup to provide the wealthy with competitive advantage. ss is just part of it.
     
    freakonature, Jun 7, 2018
    #409
  10. ronv

    ronv Well-Known Member

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    Lots of reasons. Do you have some in mind?
     
    ronv, Jun 7, 2018
    #410
  11. Longshot

    Longshot Well-Known Member

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    Funding the operation of the government.
     
    Longshot, Jun 7, 2018
    #411
  12. ronv

    ronv Well-Known Member

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    Do you have something to refute my statement about taxes?
     
    ronv, Jun 7, 2018
    #412
  13. ronv

    ronv Well-Known Member

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    Sure, go for it.
     
    ronv, Jun 7, 2018
    #413
  14. freakonature

    freakonature Well-Known Member

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    no, it just weakens recovery through misallocation of capital which provides false incentives to chase federal disbursements.
     
    freakonature, Jun 7, 2018
    #414
  15. Longshot

    Longshot Well-Known Member

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    Why are taxes necessary?
     
    Longshot, Jun 7, 2018
    #415
  16. freakonature

    freakonature Well-Known Member

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    we can start with over spending that led to Greece's current issues.
     
    freakonature, Jun 7, 2018
    #416
  17. ronv

    ronv Well-Known Member

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    To pay for stuff.
     
    ronv, Jun 7, 2018
    #417
  18. Longshot

    Longshot Well-Known Member

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    Right. Not to help with wage inequality.
     
    Longshot, Jun 7, 2018
    #418
  19. ronv

    ronv Well-Known Member

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    Ahh, But you can do both. And that is what is wrong with what Reagan started and the Republicans continue to push.
    Better that more people are better off than just a few.
     
    ronv, Jun 7, 2018
    #419
  20. Foolardi

    Foolardi Well-Known Member Past Donor

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    How many times have you said " contribute " ?
    Contribution means LITERALLY a voluntary measure.A gift,Offering or handout.
    Social Security is taken out of ones paycheck { FICA } and therefore
    NOT a contribution.It is Entirely MANDATORY.Like pay it or else.
    What Planet are your relatives { Kin } from.
     
    Last edited: Jun 7, 2018
    Foolardi, Jun 7, 2018
    #420
  21. Longshot

    Longshot Well-Known Member

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    So, why are taxes necessary?
     
    Longshot, Jun 7, 2018
    #421
  22. ronv

    ronv Well-Known Member

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    Do you have a scratch in your head?
     
    ronv, Jun 7, 2018
    #422
  23. Longshot

    Longshot Well-Known Member

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    No. I don't have a scratch.

    So, why are taxes necessary?
     
    Longshot, Jun 7, 2018
    #423
  24. BahamaBob

    BahamaBob Banned

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    First of all, the irony is astounding. The same yahoos who oppose putting money in 401Ks because the stock market may fail or have corrections want to put more money into a SS system that is failing.

    Like any government program SS is rife with fraud and corruption. Do you know that 6.5 million people over the age of 112 are collecting SS? There are actually people who fought in the Civil War still collecting SS. When you press the SS dept. as to why this is happening, they will tell you that they would rather pay millions of fraudulent claims than risk missing one person who actually is that old. There are also hundreds of people collecting on a single SS number.

    Why would any thinking person want to continue with a system that is ran in such a manner?

    Read this and open your eyes.
    https://www.theguardian.com/money/2015/mar/16/social-security-millions-americans-aged-112
     
    BahamaBob, Jun 7, 2018
    #424
  25. squidward

    squidward Well-Known Member

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    Sounds like somebody wants somebody else's stuff
     
    squidward, Jun 7, 2018
    #425
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