Page 5 of 23 FirstFirst ... 3456715 ... LastLast
Results 41 to 50 of 229

Thread: Social Security reserves forecast to run dry in 2022

  1. #41
    Banned
    Join Date
    Jan 2010
    Location
    Canada, Costa Rica
    Last Seen
    05-16-16 @ 09:45 AM
    Gender
    Lean
    Independent
    Posts
    31,645

    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by Blue_State View Post
    And in all honesty, they seem to be failing us at an alarming rate. The politicians, not your fellow Americans.
    They are willing to pit one American against the next, and it seems to be working in their favor.

  2. #42
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 10:39 AM
    Lean
    Undisclosed
    Posts
    90,026

    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by Grant View Post
    What you are believing in here is politicians, not your country or your fellow Americans.
    Not at all. Elected officials are the mere spokespersons and tools of the people. I beleive in the people of America and our system of representation. I believe that Americans must make their feelings known to our officials and representatives.
    __________________________________________________ _
    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

  3. #43
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 10:39 AM
    Lean
    Undisclosed
    Posts
    90,026

    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by Grant View Post
    They are willing to pit one American against the next, and it seems to be working in their favor.
    Just the opposite. All Americans need to unite under the banner of making sure the government honors its obligations to the people that have honored theirs.
    __________________________________________________ _
    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

  4. #44
    Sage
    Kreton's Avatar
    Join Date
    Apr 2011
    Location
    Colorado Springs
    Last Seen
    11-13-17 @ 08:01 PM
    Gender
    Lean
    Other
    Posts
    6,118

    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by haymarket View Post
    Just the opposite. All Americans need to unite under the banner of making sure the government honors its obligations to the people that have honored theirs.
    LOL not going to happen. Our politicians have the people of this country far too divided. Democrats and Republicans are working together to keep the American people fighting with the bipartisan bs they spew.

  5. #45
    Guru

    Join Date
    Aug 2011
    Location
    In a Blue State
    Last Seen
    Yesterday @ 10:39 PM
    Gender
    Lean
    Libertarian
    Posts
    4,733

    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by haymarket View Post
    Not at all. Elected officials are the mere spokespersons and tools of the people. I beleive in the people of America and our system of representation. I believe that Americans must make their feelings known to our officials and representatives.
    The people of America want free handouts. Not all, but enough. Our representatives promise money and they vote for them. It is a sad state and it was predicted by Ben Franklin.

    "When the people find that they can vote themselves money, that will herald the end of the republic."
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

  6. #46
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by Blue_State View Post
    The people of America want free handouts. Not all, but enough. Our representatives promise money and they vote for them. It is a sad state and it was predicted by Ben Franklin.

    "When the people find that they can vote themselves money, that will herald the end of the republic."
    Social Security isn't a free handout.

  7. #47
    Sage
    Erod's Avatar
    Join Date
    Aug 2008
    Location
    North Texas
    Last Seen
    Yesterday @ 11:47 AM
    Lean
    Conservative
    Posts
    13,073

    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by haymarket View Post
    1- This is something to note - a self proclaimed "conservative" who admits they do not subscribe to the provisions of the US Constitution. That will be noted for future use.
    2- The government has honored our promies by investing the money we put in is some of the safest investments on the planet. Would you prefer under the matress?
    3- So paying our debts is honoring our SS obligations then?
    LOL, geez, what rock are you living under? The constitution says nothing about social security; the money was squandered, not invested; and you can't pay your debts if you're using that money to buy votes.

  8. #48
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    Today @ 10:45 AM
    Gender
    Lean
    Conservative
    Posts
    30,324

    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by haymarket
    1- This is something to note - a self proclaimed "conservative" who admits they do not subscribe to the provisions of the US Constitution.

    I have my pocket Constitution in front of me, could you tell me where SS is in it? Thanks.

    That will be noted for future use.
    Is that a threat? Or just a note of impending troll?

    2- The government has honored our promies by investing the money we put in is some of the safest investments on the planet.
    Like what? Solyndra?

    Would you prefer under the matress?
    No, they could just give me back what I have already paid in, and let me invest it...I'd get a better return.

    3- So paying our debts is honoring our SS obligations then?
    Paying our debts IS honoring our SS obligations in a way. If you are going to have a social safety net, you can not do such when you have a government that uses that money for things other than SS like debt service. But the real question is whether SS is an investiment in your own retirement, or a tax. When it was sold, much like Obamacare, they said it wasn't a tax, now it is....Funny how that happens with progressive liars.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  9. #49
    Sage

    Join Date
    Apr 2008
    Location
    Huntsville, AL (USA)
    Last Seen
    Yesterday @ 10:48 PM
    Gender
    Lean
    Moderate
    Posts
    9,772

    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.
    So, what are you really upset about?

    a) That President Obama is reluctant to place Social Security reform on his 2011 agenda?

    b) That spending reductions in Social Security benefits weren't part of his 10-year deficit reduction plan?

    c) That our government has constantly placed IOU's in the Social Security Trust Fund?

    Which is it?

    Now for a little perspective...

    You really can't blame the man for not attempting to tackle an issue that won't become "dire" for another decade. I mean, let's face it, it's not like revenue via taxation will ever go away. In short, there will always be employment opportunities in this nation (though scarce they may be at present), and as such, unless the payroll tax is abolished, revenue will always be collected for Social Security benefits from it. As such, you really can't be mad that he didn't cover the issue in his 10-year deficit reduction plan. I mean, it does make sense NOT to mess with Social Security until you really have to. And right now, we don't have to.

    Now, let's get to the teeth of the matter...

    The payroll tax is a labor tax. Only those individuals who work or are self-employed who earned an income up to a certain wage limit (somewhere around $100K; I forget the exact amount) pay into the Social Security system. And only those individuals who retire from the labor force (or those who are disabled) receive Social Security benefits. Now, it's true that the Baby Boomer generation is retiring in large numbers and that's feeding into the "reform Social Security Now" frinzy, but the nation also has a millions of disabled individuals who receive SSI/SSDI who very likely did not pay into the system. Add to that the fact that Medicade Part D isn't paid for and it's no wonder Social Security is going broke far sooner than expected.

    To that, Rep. Paul Ryan is correct; Social Security does need to be reformed. But it's not something that needs to be done today.

    So, again I ask, "What are you really upset about?"
    Last edited by Objective Voice; 02-17-12 at 07:21 PM.

  10. #50
    Sage
    Renae's Avatar
    Join Date
    Aug 2007
    Location
    San Antonio Texas
    Last Seen
    10-23-17 @ 10:14 PM
    Gender
    Lean
    Undisclosed
    Posts
    38,972
    Blog Entries
    15

    Re: Social Security reserves forecast to run dry in 2022

    Quote Originally Posted by Objective Voice View Post
    So, what are you really upset about?

    a) That President Obama is reluctant to place Social Security reform on his 2011 agenda?

    b) That spending reductions in Social Security benefits weren't part of his 10-year deficit reduction plan?

    c) That our government has constantly placed IOU's in the Social Security Trust Fund?

    Which is it?

    Now for a little perspective...

    You really can't blame the man for not attempting to tackle an issue that won't become "dire" for another decade. I mean, let's face it, it's not like revenue via taxation will ever go away. In short, there will always be employment opportunities in this nation (though scarce they may be at present), and as such, unless the payroll tax is abolished, revenue will always be collected for Social Security benefits from it. As such, you really can't be mad that he didn't cover the issue in his 10-year deficit reduction plan. I mean, it does make sense NOT to mess with Social Security until you really have to. And right now, we don't have to.

    Now, let's get to the teeth of the matter...

    The payroll tax is a labor tax. Only those individuals who work or are self-employed who earned an income up to a certain wage limit (somewhere around $100K; I forget the exact amount) pay into the Social Security system. And only those individuals who retire from the labor force (or those who are disabled) receive Social Security benefits. Now, it's true that the Baby Boomer generation is retiring in large numbers and that's feeding into the "reform Social Security Now" frinzy, but the nation also has a millions of disabled individuals who receive SSI/SSDI who very likely did not pay into the system. Add to that the fact that Medicade Part D isn't paid for and it's no wonder Social Security is going broke far sooner than expected.

    To that, Rep. Paul Ryan is correct; Social Security does need to be reformed. But it's not something that needs to be done today.

    So, again I ask, "What are you really upset about?"
    Obviously I'm a FOOL! SS a few years ago, we were told wouldn't start running dry till after 2036! I mean, what's 14 years really? That's something for the "next group" to deal with. It' snot a threat to us, no not at all. Notice how I didn't mention Obama once, but you've brought him up multiple times. The whole SYSTEM needs to be reformed, but it's not going to happen till it's all falling down, and the sheep of America will turn to the politicians of the day that did nothing when they could to "solve the crisis".
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



Page 5 of 23 FirstFirst ... 3456715 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •