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Thread: The results are in on social security

  1. #21
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    Re: The results are in on social security

    A quandary: I reread the article to see if this addresses this: is this issue in regard ONLY to the state-funded support? Is federal funding for these same people still available?

    I know every state is different - but in my state it's one or the other - or both in some percentage. If the satte denies, you can still possibly get federal - vice versa.

    So - does this $15 / $25 funding from the state that's ending just deduct from the overall amount - so netting just a reduction? Or is this the ONLY form of support for all these people? If so - how do they pay for the rest of their food?
    Last edited by Aunt Spiker; 06-01-11 at 11:56 PM.
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    Re: The results are in on social security








    I don't pretend to be an accountant, as a mater of fact It’s difficult for me to keep my check book balanced but these two graphs from SS sure don't look to me like were in as bad a shape as the wingers are claiming.

    First graph says the trust fund is $2.6 trillion to the good as of 2010.The second graph says that even in the depts of the bush great recession, SS managed to make a couple of bucks.


    Using a famous Fox news source “some say“that its all a ponzi scheme.True.. it could be but the same ponzi scheme seems to be working for financing two and a half wars, with Chinese money/Saudi/wherever we can mooch a buck.

    So your all clamoring to yank the rug out from under hard working American citizens that have paid into a system that they have worked for about forty years eh?
    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

  3. #23
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    Re: The results are in on social security

    Quote Originally Posted by donc View Post







    I don't pretend to be an accountant, as a mater of fact It’s difficult for me to keep my check book balanced but these two graphs from SS sure don't look to me like were in as bad a shape as the wingers are claiming.

    First graph says the trust fund is $2.6 trillion to the good as of 2010.The second graph says that even in the depts of the bush great recession, SS managed to make a couple of bucks.


    Using a famous Fox news source “some say“that its all a ponzi scheme.True.. it could be but the same ponzi scheme seems to be working for financing two and a half wars, with Chinese money/Saudi/wherever we can mooch a buck.

    So your all clamoring to yank the rug out from under hard working American citizens that have paid into a system that they have worked for about forty years eh?
    the system, however, was never intended to be perpetual - they just didn't care about that in the beginning. They just ditched that problem off on the future . . . and the future is nigh.

    I don't get how people - ever- have thought that SS would be enough to live on. I never was told this, I was told that it's supplemental and that's about it - always ALWAYS plan on supporting yourself.

    Why, then, are the majority of people uninformed of this?

    I get those occasional SS statements to say how much my potential payments will be in the future - and it's laughable. The government might as well keep it.
    Last edited by Aunt Spiker; 06-02-11 at 12:03 AM.
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    Re: The results are in on social security

    QUOTE Aunt Spiker;

    the system, however, was never intended to be perpetual - they just didn't care about that in the beginning.
    So you OK with welching on the debts of American seniors as apposed to the ChiComs and the bankers of 911?
    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 Whovian View Post
    so, since it'll be 25 years before it fails utterly... let's just wait until then to do anything about it.

    Right Dems/Libs???
    How about end of life counseling? You know, so we don't keep people alive on machines because they never left any instructions...

    I think the brilliant stateswoman former ex-Gov of a welfare state call them 'Death Panels'. And that statement was ranked the #1 lie of the year.

    So, you see, the Dems tried to do something about the cost of public health care for the elderly. Something very sensible, something pragmatic and compassionate, helping people to make informed decisions about their own health care.

    But the GOP put a stop to that nonsense...

    Thanks GOP.

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    Re: The results are in on social security

    WHAT "social security trust fund"?

    Anyone besides the Mayor notice the 15,000 billion dollar debt that kinda dwarfs the 79 billion dollar imaginary "trust fund"?

  7. #27
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    Re: The results are in on social security

    Quote Originally Posted by donc View Post
    So you OK with welching on the debts of American seniors as apposed to the ChiComs and the bankers of 911?
    The system works this way: what people pay in *now* goes to cover the expenses of people who are receiving pay *now* from the system. Anything that's surplus in the system yearly is bought by the government - used as they wish - and the individuals that said money came from are told 'we'll pay you back later' - which nets the government *more in repayment* than it does in *what we took in the beginning* due ot interest owed on the IOU.


    So - knowing that:

    I believe people should *be able to* and *plan to* support theirselves for their entire lives. common sense really.

    But for those who *cannot* support theirselves (disability, disease, etc) - there is (should continue to be) support for said people financially via government - aka - welfare, etc. This is already in place, it should be widened for people who need it and denied for people who don't really.

    I also believe that the government cannot and should not cap wages nor consider anyone's rightfully earned money to be a leech pool for others. What I earn - I should be able to keep.

    I also feel that the SSA is dishonest - gives people no 'opt out' option in life - people's hard earned pennies and cents are smeared around by the government to support every single expense and spontaneous desire that the government has under the false guise of 'when you stop working on your golden years we'll pay it back.' - Nevermind that most people would benefit greatly from simply not letting that money go *right now*

    Why not just end the broken system - pay back everyone who's put into it at this moment - and if you want to tax rich people more then make them supplement what the government would no longer get through SSA without the future debt of having to pay it back. We can call it a 'filthy stealing lying government tax'

    OR - better yet - the government can go on a diet and learn how to do without quite so much money rolling in from people's paychecks.

    I don't support income tax - any taxes by state or federal on what you *earn* - period.
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    Re: The results are in on social security

    Lets just make this new young callous generation happy....How about this... End social Security, End Medicare, End Medicaid, End Welfare, End any and all govt expenditures on anything for AMERICANS. End ALL TAXS for anyone making over 250,000 a year and make everyone below pay for everything and GIVE all their money to anything NOT AMERICAN as long as it enhances the rich and business interests in this country....then maybe they will stop doomsaying and whining, but they wont, even then they will want mOAR and mOAR and mOAR

  9. #29
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    Re: The results are in on social security

    Quote Originally Posted by lpast View Post
    Lets just make this new young callous generation happy....How about this... End social Security, End Medicare, End Medicaid, End Welfare, End any and all govt expenditures on anything for AMERICANS. End ALL TAXS for anyone making over 250,000 a year and make everyone below pay for everything and GIVE all their money to anything NOT AMERICAN as long as it enhances the rich and business interests in this country....then maybe they will stop doomsaying and whining, but they wont, even then they will want mOAR and mOAR and mOAR
    Oh, sorry - I thought you wanted a serious response.

    I think the welfare/medicaid system is more efficient in the way it's structured and the way it functions - they should expand that and narrow or end other programs - a reallocation of effort. We don't need over 10 programs and branches of government that all do the same damn thing. It's redundency.

    Redundency is waste
    Last edited by Aunt Spiker; 06-02-11 at 09:02 AM.
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    Re: The results are in on social security

    Quote Originally Posted by Aunt Spiker View Post
    The system works this way: what people pay in *now* goes to cover the expenses of people who are receiving pay *now* from the system. Anything that's surplus in the system yearly is bought by the government - used as they wish - and the individuals that said money came from are told 'we'll pay you back later' - which nets the government *more in repayment* than it does in *what we took in the beginning* due ot interest owed on the IOU.


    So - knowing that:

    I believe people should *be able to* and *plan to* support theirselves for their entire lives. common sense really.

    But for those who *cannot* support theirselves (disability, disease, etc) - there is (should continue to be) support for said people financially via government - aka - welfare, etc. This is already in place, it should be widened for people who need it and denied for people who don't really.

    I also believe that the government cannot and should not cap wages nor consider anyone's rightfully earned money to be a leech pool for others. What I earn - I should be able to keep.

    I also feel that the SSA is dishonest - gives people no 'opt out' option in life - people's hard earned pennies and cents are smeared around by the government to support every single expense and spontaneous desire that the government has under the false guise of 'when you stop working on your golden years we'll pay it back.' - Nevermind that most people would benefit greatly from simply not letting that money go *right now*

    Why not just end the broken system - pay back everyone who's put into it at this moment - and if you want to tax rich people more then make them supplement what the government would no longer get through SSA without the future debt of having to pay it back. We can call it a 'filthy stealing lying government tax'

    OR - better yet - the government can go on a diet and learn how to do without quite so much money rolling in from people's paychecks.

    I don't support income tax - any taxes by state or federal on what you *earn* - period.
    Emphasis is mine.

    Do you have any idea what paying everyone back (it's going to have to be adjusted for inflation (today's dollars + interest)) would cost? There are a zillion of us who have payed in every year that we have worked for our whole lives. Can you say "double the deficit"?

    Sure. I knew you could.
    Quote Originally Posted by Northern Light View Post
    The systems that ensure freedom and liberty are breaking down and fundamentalism is growing. Nobody is righteous anymore.


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