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Thread: Social Security reserves forecast to run dry in 2022

  1. #11
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    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by Erod View Post
    Yet more proof that FDR and his New Deal will ultimately be the death knell of this country.

    I don't even expect to see a check, and I've planned accordingly. Me suspects many a Democrat has not.
    Democrat, Republican or any other political affiliation is not relevant. People today don't save. People don't look forward. Sometimes because they can't and other times because they are too short sighted. But it is not just Democrats. Millions of people are going to be dependent on that money.

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    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by muciti View Post
    Democrat, Republican or any other political affiliation is not relevant. People today don't save. People don't look forward. Sometimes because they can't and other times because they are too short sighted. But it is not just Democrats. Millions of people are going to be dependent on that money.
    Yep, and it ain't gonna be there, so say hello to socialism full bore, 50 percent tax rates, and uncapped social security limits, and an increase in social securty rates overall. We're all going to be working for the state soon.

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    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by MrVicchio View Post
    I'm the one that believes reality trumps ideology.

    Full faith and credit is a two way street, that's something you cannot contemplate. Promises made on but not kept over decades, come back to bite us all in the end.

    I say **** the system, before it ****s us.
    You did not answer the questions. Please, one more time now


    Either one believes in the full faith and credit of the United States or one does not. Which are you?
    Either one believes in honoring the promises made to the citizens of the nation who fulfill their end of the bargain or one does not. Which are you?
    Either one believes that money and revenues should first go to existing and long standing obligations before new ones are taken on or one does not. Which are you?

    Or is this simply right wing opportunism to attempt to destroy a program you neve supported in the first place?
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    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by Blue_State View Post
    Its nuts. The politicians refuse to address it. It was the albatross around our neck, now it is going to be the cause of our death. Look what is going on in Greece and tell me we are going to be ok spending and borrowing. It can't happen. Hoping it goes away is not an option. Sorry for all of you under 35...Social security was BS...it reality it was a tax. 35 and over...good luck...we will see what we can do. I hope we can give you a check at 65, but I guarantee you get one at 90. Sound good?

    Either one believes in the full faith and credit of the United States or one does not. Which are you?
    Either one believes in honoring the promises made to the citizens of the nation who fulfill their end of the bargain or one does not. Which are you?
    Either one believes that money and revenues should first go to existing and long standing obligations before new ones are taken on or one does not. Which are you?
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by Erod View Post
    Yep, and it ain't gonna be there, so say hello to socialism full bore, 50 percent tax rates, and uncapped social security limits, and an increase in social securty rates overall. We're all going to be working for the state soon.

    Either one believes in the full faith and credit of the United States or one does not. Which are you?
    Either one believes in honoring the promises made to the citizens of the nation who fulfill their end of the bargain or one does not. Which are you?
    Either one believes that money and revenues should first go to existing and long standing obligations before new ones are taken on or one does not. Which are you?
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by haymarket View Post
    Either one believes in the full faith and credit of the United States or one does not. Which are you?
    Either one believes in honoring the promises made to the citizens of the nation who fulfill their end of the bargain or one does not. Which are you?
    Either one believes that money and revenues should first go to existing and long standing obligations before new ones are taken on or one does not. Which are you?
    I don't.
    We aren't.
    They should.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by muciti View Post
    Democrat, Republican or any other political affiliation is not relevant. People today don't save. People don't look forward. Sometimes because they can't and other times because they are too short sighted. But it is not just Democrats. Millions of people are going to be dependent on that money.
    And that money is not going to be there.

    This is what happens when a population becomes dependent on a government. Watch the riots when these dependents realize the cupboard is bare. It will be worse than Greece.

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    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by MrVicchio View Post
    Social Security reserves forecast to run dry in 2022 - Washington Times

    SS on the brink, we were told 2030 something, it's a long way off, plenty of time to get it right...

    No, it's a lot closer then you think. 2022is a mere 10 years off. It's time to end the fail, before it ends us.
    Then, my dear, where is the hue and cry about the latest Congressional gut of the program?? They've cut the employee contribution to SS by 33%. And nobody gives a **** 'cause it's money in their pockets. Hypocrites.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by Erod View Post
    Yep, and it ain't gonna be there, so say hello to socialism full bore, 50 percent tax rates, and uncapped social security limits, and an increase in social securty rates overall. We're all going to be working for the state soon.
    i believe we should remove the cap, and increase the individual contribution.....i'm ok with paying for something i believe to be worthwhile.

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    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by Blue_State View Post
    I don't.
    We aren't.
    They should.
    So you do not believe in enforcing the Constitution regarding full fath and credit of the government of the United States of America.

    You say "we aren't" in reply to my second question Either one believes in honoring the promises made to the citizens of the nation who fulfill their end of the bargain or one does not. Which are you?


    What do you mean that we aren't? Who is not? I have dutifully paid into SS as instructed and mandated for the last five decades.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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