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Thread: The results are in on social security

  1. #251
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    Re: The results are in on social security

    Quote Originally Posted by donc View Post
    Most working people have seen their wages go in reverse during the great bush recession,they don’t have a snowballs chance in hell of reaching the cap anyway. Those who do reach the cap can easily afford to cough up the dough because they are the only ones that have seen an increase in wages.




    As a proud dues paying member of "the AARP", I would appreciate it if you would be so kind as to show me where they said “that there is no way to tax our way to paying for Social Security “.





    They used the money and left a pile of IOU.s .A friggen deb,t is a debt, be it to China, Saudi Arabia,Japan.....In this case the promise was made.In some cases a half century ago; now your OK with wanting to to renege on A promise to our seniors(who paid the into SS their whole working lives ).


    Your ok with paying debts that we borrowed as long as we don’t to increase the tax load of the people that have seen their wages ACTUALLY INCREASE during the recession.

    Gotta keep them subsides for them oil companies rolling in, otherwise they wont be able to claim the title of the most profitable CORPS. On this little speck of dust in the cosmos that we call planet earth.


    Actually, I think that if they would lower the that would entice more of us geezers to retire earlier and make many more good paying jobs available for younger folk.
    Here is what AARP said on the subject just yesterday:

    “AARP will not accept any cuts to Social Security as part of a deal to pay the nation’s bills,” said AARP CEO A. Barry Rand, in a statement. “Social Security did not cause the deficit, and it should not be cut to reduce a deficit it did not cause.” Continued Rand: “AARP is strongly opposed to any deficit reduction proposal that makes harmful cuts to vital Social Security and Medicare benefits.”
    New Debt Talks for Obama, Congress as AARP Warns of Social Security Cuts | Advisor One
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  2. #252
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    Re: The results are in on social security


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    Re: The results are in on social security

    Quote Originally Posted by donc View Post
    Those who do reach the cap can easily afford to cough up the dough because they are the only ones that have seen an increase in wages.
    "From each according to his ability, to each according to his needs!"
    From each according to his ability, to each according to his need - Wikipedia, the free encyclopedia

  4. #254
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    Re: The results are in on social security

    Quote Originally Posted by Misterveritis View Post
    "From each according to his ability, to each according to his needs!"
    From each according to his ability, to each according to his need - Wikipedia, the free encyclopedia

    Kinda looks like prof goggle now has an apprentice. Anything you would like to add?
    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

    social security ALONE in the year two thousand ten ALONE added an ADDITIONAL and EXTRA unfunded obligation of ONE POINT FOUR TRILLION dollars to united states actuarials

    that's ON TOP of the two point four trillion the white house is so desperate to lift to get it thru the next presidential

    The federal government's financial condition deteriorated rapidly last year, far beyond the $1.5 trillion in new debt taken on to finance the budget deficit, a USA TODAY analysis shows.

    The government added $5.3 trillion in new financial obligations in 2010, largely for retirement programs such as Medicare and Social Security. That brings to a record $61.6 trillion the total of financial promises not paid for.

    Medicare alone took on $1.8 trillion in new liabilities, more than the record deficit prompting heated debate between Congress and the White House over lifting the debt ceiling.

    Social Security added $1.4 trillion in obligations, partly reflecting longer life expectancies. Federal and military retirement programs added more to the financial hole, too.
    U.S. funding for future promises lags by trillions - USATODAY.com

    boomers, anyone?

  6. #256
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    Re: The results are in on social security

    Quote Originally Posted by The Prof View Post
    social security ALONE in the year two thousand ten ALONE added an ADDITIONAL and EXTRA unfunded obligation of ONE POINT FOUR TRILLION dollars to united states actuarials

    that's ON TOP of the two point four trillion the white house is so desperate to lift to get it thru the next presidential



    U.S. funding for future promises lags by trillions - USATODAY.com

    boomers, anyone?
    You can post links until your face turns blue but not one of them can honestly debunk these two facts.

    Fact one= Social Security has a $2.6-trillion surplus that is projected to grow to more than $4 trillion in 2023.

    Fact two= Social Security invests its surpluses, as it should, in U.S Treasury bonds, the safest interest-bearing securities in the world. The same paper that we sell to China, Japan and other wealthy investors.

    Have a gooden prof google.
    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

    Obama Seeks Social Security Cut In Debt Talks - Milwaukee News Story - WISN Milwaukee

    and it's a lot more than soc sec

    61.6 trillion and doubling every ten years---who can blame him

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    Re: The results are in on social security

    Quote Originally Posted by donc View Post
    You can post links until your face turns blue but not one of them can honestly debunk these two facts.

    Fact one= Social Security has a $2.6-trillion surplus that is projected to grow to more than $4 trillion in 2023.

    Fact two= Social Security invests its surpluses, as it should, in U.S Treasury bonds, the safest interest-bearing securities in the world. The same paper that we sell to China, Japan and other wealthy investors.

    Have a gooden prof google.
    i notice that 90 minutes later he posted a reply ... which totally ignored your substantial points
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: The results are in on social security

    Quote Originally Posted by justabubba View Post
    i notice that 90 minutes later he posted a reply ... which totally ignored your substantial points
    I normally don’t respond to one of his…goggles. All it does is open the door for more goggles to follow. Nothing wrong with using a link to substantiate what you posted/believe. But Damn?
    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

  10. #260
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    Re: The results are in on social security

    Quote Originally Posted by donc View Post
    I normally don’t respond to one of his…goggles. All it does is open the door for more goggles to follow. Nothing wrong with using a link to substantiate what you posted/believe. But Damn?
    do not expect debate there
    what will be posted is nothing more than rant
    normally, incoherent rant
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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