View Poll Results: Would You Take 77 Cents For Every Dollar Social Security Owes You?

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Thread: Would You Take 77 Cents For Every Dollar Social Security Owes You?

  1. #31
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    Re: Would You Take 77 Cents For Every Dollar Social Security Owes You?

    Quote Originally Posted by tres borrachos View Post
    I said no, only because I want it all. But I know I'll be means tested and we have "too much money" so I won't see a penny of it anyway, and I'm ****ing 53.
    I'm much in the same boat. The mention of means testing for SS just about gives me a coronary. ****, be responsible, live within one's means, save for retirement and get punished for being responsible while the spendthrifts who earned just as much as I did get rewarded. Pisses me off.

    But serious question would you accept cutbacks if it left less of a tax burden on your children (assuming you have kids)? Some of the proposals on fixing SS have been targeted only to the under 55 crowd and those older don't have to bear any burden, these kinds of proposals really bother me. SS needs some fixes but IMO the pain ought to be spread.

  2. #32
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    Re: Would You Take 77 Cents For Every Dollar Social Security Owes You?

    Quote Originally Posted by Ockham View Post
    The question is based off of an Alex Pollock article at Real Clear Markets.

    Would You Take 77 Cents For Every Dollar Social Security Owes You? | RealClearMarkets




    So would you do it?
    Does this also mean I would not have to pay SS from here on out?

  3. #33
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    Re: Would You Take 77 Cents For Every Dollar Social Security Owes You?

    Quote Originally Posted by celticwar17 View Post
    Does this also mean I would not have to pay SS from here on out?
    Yes, look in the quote box in the original post - it identifies what would happen.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  4. #34
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    Re: Would You Take 77 Cents For Every Dollar Social Security Owes You?

    Quote Originally Posted by Helix View Post
    no. pay me what i was promised. if there isn't enough money, raise taxes, and end the wars.
    Well said. I stand and salute you sir.
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  5. #35
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    Re: Would You Take 77 Cents For Every Dollar Social Security Owes You?

    Quote Originally Posted by tres borrachos View Post
    I said no, only because I want it all. But I know I'll be means tested and we have "too much money" so I won't see a penny of it anyway, and I'm ****ing 53.
    I see too many people our age being struck down by cancer or other things...I'm not waiting to 'live' life. Anything can happen, any day. Doesnt mean I'd waste it but I sure could put it to good long-term and short-term use.
    "Freedom doesn't mean safe, it means free."

    "No, you'll be *a* judge of that, just like everyone else who reads it."
    Quote Originally Posted by applejuicefool View Post
    A murderer putting a bullet through someone's brain is a medical procedure too.

  6. #36
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    Re: Would You Take 77 Cents For Every Dollar Social Security Owes You?

    Quote Originally Posted by Ockham View Post
    The question is based off of an Alex Pollock article at Real Clear Markets.

    Would You Take 77 Cents For Every Dollar Social Security Owes You? | RealClearMarkets




    So would you do it?
    Just curious. How would we fund the new welfare program needed to support those people who spent all their money before retirement? Or would we just float them out to sea?


    Thank you, Quazi!

  7. #37
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    Re: Would You Take 77 Cents For Every Dollar Social Security Owes You?

    Quote Originally Posted by MaggieD View Post
    Just curious. How would we fund the new welfare program needed to support those people who spent all their money before retirement? Or would we just float them out to sea?
    It's not like SS pays enough for people to live on now. It's a supplement. Many people on SS are on other public assistance programs as well.
    "Freedom doesn't mean safe, it means free."

    "No, you'll be *a* judge of that, just like everyone else who reads it."
    Quote Originally Posted by applejuicefool View Post
    A murderer putting a bullet through someone's brain is a medical procedure too.

  8. #38
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    Re: Would You Take 77 Cents For Every Dollar Social Security Owes You?

    Quote Originally Posted by MaggieD View Post
    Just curious. How would we fund the new welfare program needed to support those people who spent all their money before retirement? Or would we just float them out to sea?
    IMO, that's their problem. Now you CAN cash out an IRA early and if someone blows through that they'd be eligible to use the existing welfare systems already in place - I'm not sure why there would need to be a new welfare program we have plenty already at both State and Federal levels.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  9. #39
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    Re: Would You Take 77 Cents For Every Dollar Social Security Owes You?

    Quote Originally Posted by MaggieD View Post
    Just curious. How would we fund the new welfare program needed to support those people who spent all their money before retirement? Or would we just float them out to sea?
    No, just pile them up in warehouses next to cemeteries. We can't afford to pay for these old people when we're so stressed, a guy who makes a million dollars a year can barely afford his 15% tax rate, a private jet, and a dozen mansions. I mean, come on, get your priorities straight.

    Quote Originally Posted by Lursa View Post
    It's not like SS pays enough for people to live on now. It's a supplement. Many people on SS are on other public assistance programs as well.
    I feel like you missed the point. If that supplemental income disappeared, they would need even MORE assistance. Same amount of financial need, just shifted into a different governmental program.

    Quote Originally Posted by Ockham View Post
    IMO, that's their problem. Now you CAN cash out an IRA early and if someone blows through that they'd be eligible to use the existing welfare systems already in place - I'm not sure why there would need to be a new welfare program we have plenty already at both State and Federal levels.
    Yeah, mcdonalds' CEO has no obligation to his workers. If those workers were productive, they'd stop working and sit on their ass, collecting money from a business they run called mcshonalds. They agreed to this rigged system out of pure desperation and lack of opportunity, and if they don't get rich by abusing the labor glut by underpaying workers, that's their own damn fault.

  10. #40
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    Re: Would You Take 77 Cents For Every Dollar Social Security Owes You?

    Quote Originally Posted by Absentglare View Post
    I feel like you missed the point. If that supplemental income disappeared, they would need even MORE assistance. Same amount of financial need, just shifted into a different governmental program.

    Why would they automatically need more assistance unless you are assuming they misspend the lump sum? Yes it will be less but who knows how old they are? Maybe they'll continue to work, at least part time. I would. Maybe they'll die before they spend it all. You have no idea.
    "Freedom doesn't mean safe, it means free."

    "No, you'll be *a* judge of that, just like everyone else who reads it."
    Quote Originally Posted by applejuicefool View Post
    A murderer putting a bullet through someone's brain is a medical procedure too.

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