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Next in Line for a Bailout: Social Security

NoJingoLingo said:
For what? So SS runs a deficit, it will eventually catch up. You're not going to lose benefits so what could you possibly be waiting for?
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Unless the program is changed there is no possibility that it will " catch up". Remember there is going to be a tidal wave of baby boomers being eligible about to start.
 
washunut said:
Unless the program is changed there is no possibility that it will " catch up". Remember there is going to be a tidal wave of baby boomers being eligible about to start.
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Yes, changes have to be made. Too bad neither the democrats or republicans have the guts to do it.
 
NoJingoLingo said:
In other words you can't provide the quotes. Got it.
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Actually this is the first year since the 70s that no cost of living increase is going to be applied to social security
 
ptif219 said:
Actions speak louder that words. No raise for cost of living to SS this year or next year
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I don't doubt it and I wasn't calling you out on that, just on the bull**** you tried to pawn off with it and you couldn't provide the evidence.
 
NoJingoLingo said:
I don't doubt it and I wasn't calling you out on that, just on the bull**** you tried to pawn off with it and you couldn't provide the evidence.
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I did show evidence if you don't like it not my fault
 
Lord Tammerlain said:
Actually this is the first year since the 70s that no cost of living increase is going to be applied to social security
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As it shouldn't. These CPI weighted increases have caused quite a bit of waste in the system.
 
OMG, bailing out social security. The goofyness of this administration will never cease to amaze me.
 
apdst said:
OMG, bailing out social security. The goofyness of this administration will never cease to amaze me.
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It would be fun not to. Than you can REALLY watch those tea parties go wild :lol:
 
Why don't you all say what you mean?

Screw old people. We're broke.
 
ptif219 said:
I did show evidence if you don't like it not my fault
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No you didn't. You said, "Obama is trying to save it through the lies that there is no inflation so no one on SS gets a cost of living raise"

So I asked you to quote Obama making those lies. You failed to find that supposed quote and instead listed an article about on the subject which provides no quote from The President that matches the ""Obama is trying to save it through the lies that there is no inflation so no one on SS gets a cost of living raise" quote that you made.
 
NoJingoLingo said:
No you didn't. You said, "Obama is trying to save it through the lies that there is no inflation so no one on SS gets a cost of living raise"

So I asked you to quote Obama making those lies. You failed to find that supposed quote and instead listed an article about on the subject which provides no quote from The President that matches the ""Obama is trying to save it through the lies that there is no inflation so no one on SS gets a cost of living raise" quote that you made.
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The Obama administration has declared no cost of living increases for SS for 2009 and 2010........Problem being 2010 just started....How do they know the CPI will not go up in the future.....

I told you lefties Obama is going to get in your pocket.....Now what all the SS receiptients should do is vote Obama out of office in 2012......That is a whole lot of votes...........
 
Navy Pride said:
President Bush tried to change it but was blocked by the democrats...........The only real solution is to raise the retirement age............
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Bush had a horrible plan. His own party blocked it. The real solution is to raise the age and cut your benefits.
 
Navy Pride said:
The Obama administration has declared no cost of living increases for SS for 2009 and 2010........Problem being 2010 just started....How do they know the CPI will not go up in the future.....

I told you lefties Obama is going to get in your pocket.....Now what all the SS receiptients should do is vote Obama out of office in 2012......That is a whole lot of votes...........
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You SS recipients should get your benefits slashed.
 
USA-1 said:
Bush had a horrible plan. His own party blocked it. The real solution is to raise the age and cut your benefits.
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Tell me Bush's plan..........I will be waiting...........


I know you would love to see the elderly take a cut so they can increase welfare to people like you but it is not going to happen my left wing friend.......It would be political suicide to do that and Obama and the dems know that........


Try again.............
 
USA-1 said:
You SS recipients should get your benefits slashed.
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I know you would love to see the elderly take a cut so they can increase welfare to people like you but it is not going to happen my left wing friend.......It would be political suicide to do that and Obama and the dems know that........
 
Navy Pride said:
I know you would love to see the elderly take a cut so they can increase welfare to people like you but it is not going to happen my left wing friend.......It would be political suicide to do that and Obama and the dems know that........
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Unlike you my hypocritic friend I have never taken a dime from government and I don't intend to. I believe we should take care of ourselves. Personal responsibility. You should try it.
You are a leech on society and your benefits should be slashed so our grandchildren can have a brighter future. Entitlements must be cut to the bone.
Yours included.


Since 1984, Social Security has raked in more in payroll taxes than it has paid in benefits, accumulating a $2.5 trillion trust fund. But because the government uses the trust fund to pay for other programs, tax increases, spending cuts or new borrowing will be required to make up the difference between taxes collected and benefits owed.
 
I heard the GOP guys on TV the other day talking about people under the age of 55 might have to accept a restructuring of SS. (read: cuts.)

The TV pundit TRIED to get him to say "cuts" but the politician wouldn't go there. He skated around it.

I don't trust the democrats with much. But I trust them a helluva lot more than I do the republicans when it comes to entitlements like SS. The DNC claim to fame is government cheese. The GOP's claim to fame is "**** you. I got mine!" :mrgreen:
 
NoJingoLingo said:
No you didn't. You said, "Obama is trying to save it through the lies that there is no inflation so no one on SS gets a cost of living raise"

So I asked you to quote Obama making those lies. You failed to find that supposed quote and instead listed an article about on the subject which provides no quote from The President that matches the ""Obama is trying to save it through the lies that there is no inflation so no one on SS gets a cost of living raise" quote that you made.
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I showed there will be no raise as I said. So you are paying less for things as the Obama administration claims is the reason for no raise.

Read what i posted.
 
USA-1 said:
Unlike you my hypocritic friend I have never taken a dime from government and I don't intend to. I believe we should take care of ourselves. Personal responsibility. You should try it.
You are a leech on society and your benefits should be slashed so our grandchildren can have a brighter future. Entitlements must be cut to the bone.
Yours included.


Since 1984, Social Security has raked in more in payroll taxes than it has paid in benefits, accumulating a $2.5 trillion trust fund. But because the government uses the trust fund to pay for other programs, tax increases, spending cuts or new borrowing will be required to make up the difference between taxes collected and benefits owed.
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There is no fund just IOU's from congress because they spent it all.
 
ptif219 said:
There is no fund just IOU's from congress because they spent it all.
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I know. It's a shame. The deficit spending of the last 10 years has burned it all up.
 
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