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Thread: The results are in on social security

  1. #171
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    Re: The results are in on social security

    Quote Originally Posted by Misterveritis View Post
    Great point. More than 14 trillion dollars in IOUs. Where do you suppose the money will come from?
    Kinda looks like we have twenty five years to find the fix, then they more than likely will say cut the cap.


    <Even without any changes, Social Security payroll taxes could pay 100 percent of benefits for the next 25 years, and 75 percent to 80 percent of benefits for decades thereafter.>

    http://assets.aarp.org/rgcenter/econ...urity_75th.pdf
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: The results are in on social security

    Quote Originally Posted by donc View Post
    Which you responded in post #148, with these two questions on insurance… in a SS thread.
    Yes. Do you take issue with this? I'll repeat the questions for you.

    1) Just generally speaking, should people who want and need a type of insurance pay for said insurance? (this one's easy)
    2) Should people who do not and will not need a type of insurance be required to pay for said insurance anyway? If so, why?


    if you want to talk about insurance I suggest that you start a thread on it.
    In the United States, Social Security refers to the federal Old-Age, Survivors, and Disability Insurance (OASDI) program. So I repeat my two questions above about insurance, in response to your suggestion that the rich, who will not need this insurance, be required to pay into it.

    Are you can strain the brain cell...
    Ah, what?

  3. #173
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    Re: The results are in on social security

    Quote Neomalthusian

    Just generally speaking, should people who want and need a type of insurance pay for said insurance? (this one's easy.
    Most people pay it its called Social Security.


    Should people who do not and will not need a type of insurance be required to pay for said insurance anyway? If so, why?
    Yes.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: The results are in on social security

    Quote Originally Posted by donc View Post
    Most people pay it its called Social Security.

    Yes.
    Are you a defiant 14-year old or do you have a hard time understanding what you read?

    1) JUST GENERALLY SPEAKING, should people who want and need a type of insurance pay for that insurance they want/need? I'm going to just assume your answer is yes. You want insurance coverage, you choose to pay for insurance coverage, you get insurance coverage.

    2) Should people who do not and will not need a type of insurance be required to pay for said insurance anyway? IF SO, WHY?

    Your answer is "yes." D- for answering half the question and with no explanation. I'll be calling your parents about the next parent teacher conference to discuss your poor participation and see if we can get you in to see a school counselor and psychologist. Maybe you need an IEP.

    You are suggesting that people who do not want or need coverage of a type of insurance scheme should pay for the coverage anyway. This is hardly a contract, there is no consent, no agreement to the terms. They receive something they don't want and are required to pay for it. Would someone who does not own a car be happy about having to pay for car insurance? Of course not.
    Last edited by Neomalthusian; 06-17-11 at 03:29 AM.

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    Re: The results are in on social security

    Quote Originally Posted by Neomalthusian View Post
    Are you a defiant 14-year old or do you have a hard time understanding what you read?
    Sometimes Doc is. But we love him anyways.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: The results are in on social security

    Some people seem to have difficulty with the concept of society. It is called SOCIAL SECURITY because it is a program for society and not just an individual. Even if an individual does not need it for their future retirement, they still benefit greatly from it by having the overwhelming majority in society safe and secure in their Golden Years because of it. There is a societal benefit and all as members of society benefit because of it.
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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: The results are in on social security

    Quote Originally Posted by donc View Post
    Kinda looks like we have twenty five years to find the fix, then they more than likely will say cut the cap.
    <Even without any changes, Social Security payroll taxes could pay 100 percent of benefits for the next 25 years, and 75 percent to 80 percent of benefits for decades thereafter.>
    I trust nothing that comes from AARP. They are part of the problem. They are the greedy geezers. Let's try to find someone whose numbers can be trusted. Or not. I think it may be too late already.

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    Re: The results are in on social security

    Quote Originally Posted by haymarket View Post
    Some people seem to have difficulty with the concept of society. It is called SOCIAL SECURITY because it is a program for society and not just an individual. Even if an individual does not need it for their future retirement, they still benefit greatly from it by having the overwhelming majority in society safe and secure in their Golden Years because of it. There is a societal benefit and all as members of society benefit because of it.
    It was a scam designed to help more and more people accept their dependence upon government. It was also intended to create a hunger for bigger government and greater numbers of government services. And, when one digs just a little deeper one might think the real reason was to help keep democrats in power. It has nothing to do with benefiting "society" and plenty to do with enslavement. Imagine that! I am required to pay for my chains and participate in locking myself into them.

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    Re: The results are in on social security

    Quote Originally Posted by xpiher View Post
    Tax cuts do not stimulate the economy unless those tax cuts result in actual demand increase. The type of the tax cuts being purposed are not the type that actual stimulate demand. All those type of tax cuts will result in is increase CEO bonuses because more profits will be had.
    Then we ought to do it because it is morally right to take the least amount of wealth from those who create it in order to provide the Constitutionally-limited government services we have agreed to.

  10. #180
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    Re: The results are in on social security

    Quote Originally Posted by Misterveritis View Post
    I trust nothing that comes from AARP. They are part of the problem. They are the greedy geezers. Let's try to find someone whose numbers can be trusted. Or not. I think it may be too late already.
    Who gives **** who you trust? When you come up with something other than a lameass opinin let me know.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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