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Re: Social Security and Medicare [Re: Steven 49er] #7347288
09/03/21 10:27 PM
09/03/21 10:27 PM
Joined: Dec 2014
Posts: 289
Arizona
S
Starbits Offline
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Starbits  Offline
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Joined: Dec 2014
Posts: 289
Arizona
Both political parties like to use SS as a cudgel against the other party. So the only way the politicians will ever do anything to fix the problem is if they are all locked in a room with lots of food and drink and no bathroom facilities. I expect it would only take them a month or two to come up with a real solution that observers on the outside would agree would work.

Re: Social Security and Medicare [Re: Steven 49er] #7347294
09/03/21 10:30 PM
09/03/21 10:30 PM
Joined: May 2010
Posts: 10,485
MN
S
Steven 49er Offline OP
trapper
Steven 49er  Offline OP
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S

Joined: May 2010
Posts: 10,485
MN
A couple things, SSI is already drawing from the so-called trust fund. The 2034 figure is when that trust fund will be depleted.

Why should any fix require future generations to pay for promises made by past generations to themselves?


Last edited by Steven 49er; 09/03/21 11:02 PM.

"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Social Security and Medicare [Re: Steven 49er] #7347314
09/03/21 10:51 PM
09/03/21 10:51 PM
Joined: Nov 2013
Posts: 1,166
Alpine NY
Rick Otts Offline
trapper
Rick Otts  Offline
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Joined: Nov 2013
Posts: 1,166
Alpine NY
There are way too many people in this country who hardly worked and draw a check of some sort and I know a few.Sad how broken this system is.


Rick Otts
Re: Social Security and Medicare [Re: Steven 49er] #7347322
09/03/21 11:00 PM
09/03/21 11:00 PM
Joined: Apr 2010
Posts: 318
MN
Q
Quartermastersir Offline
trapper
Quartermastersir  Offline
trapper
Q

Joined: Apr 2010
Posts: 318
MN

What's the going "match" in your employer sponsored 401K? 2%? 3%? so you're putting 4-6% of your annual wage into your retirement account.
This money is yours in actual dollars (minus the income tax owed) and can be spend or left as you see fit.
when you pass the money will go to beneficiaries.
If you pay all your working life into SS, and retire and live only long enough to collect for one month it's all gone..
how much money do you suppose you'd have if you could have your SS contributions into a retirement account rather than ponsi scheme it to the gov't?
(There would have to be an income insurance or something similar in lieu of what is now SS disability.)
I'm afraid that when SS went into effect, there were people who paid in nothing but collected, and when it ends there will be people who paid in for years and collect nothing.

Re: Social Security and Medicare [Re: Garryowen] #7347354
09/04/21 12:12 AM
09/04/21 12:12 AM
Joined: Mar 2010
Posts: 5,948
2A Sanctuaries-W. OK & N. NM
Blaine County Offline
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Blaine County  Offline
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Joined: Mar 2010
Posts: 5,948
2A Sanctuaries-W. OK & N. NM
Originally Posted by Garryowen
I'm surprised no-one brought up about paying Social Security to illegal immigrants that have not paid a dime into it. When SS was first started a person had to work ten years to receive it.

Garryowen


You have that backwards. The illegals pay into SS but get no benefits. Fake SSNs.

Re: Social Security and Medicare [Re: Gary Benson] #7347359
09/04/21 12:14 AM
09/04/21 12:14 AM
Joined: Mar 2010
Posts: 5,948
2A Sanctuaries-W. OK & N. NM
Blaine County Offline
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Blaine County  Offline
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Joined: Mar 2010
Posts: 5,948
2A Sanctuaries-W. OK & N. NM
Originally Posted by Gary Benson
The Gubmint has been broke for years. They just can't kick the can down the road any futher. The grim reaper is arriving.


Yeah too many lazy people on welfare.

Re: Social Security and Medicare [Re: Steven 49er] #7347382
09/04/21 01:11 AM
09/04/21 01:11 AM
Joined: Dec 2010
Posts: 11,205
Armpit, ak
D
Dirt Offline
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Dirt  Offline
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Joined: Dec 2010
Posts: 11,205
Armpit, ak
Nice test steven. Ponzi schemes always fail.


Who is John Galt?
Re: Social Security and Medicare [Re: Steven 49er] #7347397
09/04/21 02:40 AM
09/04/21 02:40 AM
Joined: Oct 2018
Posts: 5,570
Dunbar, Wisconsin
P
Pike River Offline
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Pike River  Offline
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Joined: Oct 2018
Posts: 5,570
Dunbar, Wisconsin
Contrary to popular belief, Social security does not have its own pot of gold. When the time to do budgeting comes its all about allocating money to what obligations. This will mean tighter budgets for certain departments. When I was in middle school they were telling us that social security would "run out" by 2020.

Re: Social Security and Medicare [Re: Blaine County] #7347398
09/04/21 02:41 AM
09/04/21 02:41 AM
Joined: Oct 2018
Posts: 5,570
Dunbar, Wisconsin
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Pike River Offline
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Pike River  Offline
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Joined: Oct 2018
Posts: 5,570
Dunbar, Wisconsin
Originally Posted by Blaine County
Originally Posted by Garryowen
I'm surprised no-one brought up about paying Social Security to illegal immigrants that have not paid a dime into it. When SS was first started a person had to work ten years to receive it.

Garryowen


You have that backwards. The illegals pay into SS but get no benefits. Fake SSNs.

Yup

Re: Social Security and Medicare [Re: Rick Otts] #7347399
09/04/21 02:44 AM
09/04/21 02:44 AM
Joined: Oct 2018
Posts: 5,570
Dunbar, Wisconsin
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Pike River Offline
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Pike River  Offline
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Joined: Oct 2018
Posts: 5,570
Dunbar, Wisconsin
Originally Posted by Rick Otts
There are way too many people in this country who hardly worked and draw a check of some sort and I know a few.Sad how broken this system is.

That would be SSDI social security disability insurance) and I strongly agree that its a very abused system that needs to tighten up. If you can play video games all day or be a keyboard warrior... You can work

Re: Social Security and Medicare [Re: danny clifton] #7347400
09/04/21 02:45 AM
09/04/21 02:45 AM
Joined: Oct 2018
Posts: 5,570
Dunbar, Wisconsin
P
Pike River Offline
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Pike River  Offline
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Joined: Oct 2018
Posts: 5,570
Dunbar, Wisconsin
Originally Posted by danny clifton
ss comes out of the general fund. just like welfare. when do they project welfare to run out of money????????????????????

I'm glad I'm not the only one understanding this. Thanks Dan.

Re: Social Security and Medicare [Re: Feedinggrounds] #7347411
09/04/21 04:25 AM
09/04/21 04:25 AM
Joined: Mar 2020
Posts: 7,368
W NY
Turtledale Offline
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Turtledale  Offline
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Joined: Mar 2020
Posts: 7,368
W NY
Originally Posted by Feedinggrounds
How come Social Security is always running out of money, and welfare never runs out of money. NO!!!!! I don't go along with raising retirement age!! Move all disability cases on Social Security over to welfare. Pay back what is owed to SS trust fund. I have been paying into SS for well over 40 years!

So when I got disabled at 50 years old after paying taxes my whole life, I worked on the books since I was 14. 36 years you think I should go on welfare? And not collect what I paid into? To quote Buzzy, you sir are a "suckhole"


NYSTA, NTA, FTA, life member Erie county trappers assn.,life member Catt.county trappers
Re: Social Security and Medicare [Re: Steven 49er] #7347420
09/04/21 05:31 AM
09/04/21 05:31 AM
Joined: Sep 2010
Posts: 2,786
Northern lower Michigan
Feedinggrounds Offline
trapper
Feedinggrounds  Offline
trapper

Joined: Sep 2010
Posts: 2,786
Northern lower Michigan
Originally Posted by Turtledale
Originally Posted by Feedinggrounds
How come Social Security is always running out of money, and welfare never runs out of money. NO!!!!! I don't go along with raising retirement age!! Move all disability cases on Social Security over to welfare. Pay back what is owed to SS trust fund. I have been paying into SS for well over 40 years!

So when I got disabled at 50 years old after paying taxes my whole life, I worked on the books since I was 14. 36 years you think I should go on welfare? And not collect what I paid into? To quote Buzzy, you sir are a "suckhole"

Why should you care what government tit your check comes from? Many on disability can do some form of work. I refused disability 10 years ago....Why? This suckhole has PRIDE and knows how to make money with my experience and knowledge, just don't use my back anymore than I have to. Now back to you, you claim disability at 50 years old. Yet you run a trap line, trap beaver at that. Then lets refer to your posting as recent as 8-21-21 #7328224, Mark Junes "Obesity a real health threat". In that thread you claim to be, 6 foot tall, 300 # and very active!! You then thank the good lord for your good health everyday!! So before calling someone a Suckhole, You maybe should thank them for still working hard paying into a government system, that you sir seem to be sucking the tit of. Your posting history is not the picture of a disabled person, unable to earn a income in some form. 40 years of work must make you feel entitled. I passed 40 years of work 5 years ago and am still working and plan to work for another 10 or more.


you're only allowed so many sunrises... I aim to see every one of them!
Re: Social Security and Medicare [Re: Steven 49er] #7347431
09/04/21 06:24 AM
09/04/21 06:24 AM
Joined: Aug 2011
Posts: 1,601
Ohio
N
newtoga Offline
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newtoga  Offline
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Joined: Aug 2011
Posts: 1,601
Ohio
My question is what happened to the money saved by having over 500,000 people over 65 that died of COVID. If they averaged $1000 a month that would be $500,000,000.00 a month in savings. Hmmmm!!! Just asking?


lifetime member NTA, OSTA, GTA
Re: Social Security and Medicare [Re: Steven 49er] #7347437
09/04/21 06:31 AM
09/04/21 06:31 AM

M
Mark June
Unregistered
Mark June
Unregistered
M



FDR was correct. Secure votes forever more with cash.

Did we think they were sitting at a vineyard sipping wine and smoking cigars worried about Fred and Susie and how Fred and Susie were gonna make ends meet and wanted to help 'em out of that pickle?

From a dumb young age, based on all I could see happening around me with sex, drugs, and rock and roll being the pleasures of the day....
I figured my virtues better be >>>> keep my head down, zipper up, work hard, stash cash, eat right, drive safe, be home early, get up early, do things right...,
and not depend on the masses who live their lives partying like it was 1999.

My grandpa owned an orchard and was pretty perceptive (see the above list of virtues).
Thanks gramps!

95% of Americans are financially enslaved meaning they do not have the means to make the choices they'd make if they had the bucks.
In the richest nation ever in human history....
almost all are enslaved.

FDR and JB and the ones to come next ALL KNOW THIS.
And spend the people's $$$$ (and much more) accordingly.
"Vote for me and I'll set you free!"
Ah yes, that old song by the Temptations.
How true.

Re: Social Security and Medicare [Re: danny clifton] #7347438
09/04/21 06:31 AM
09/04/21 06:31 AM
Joined: Dec 2006
Posts: 21,716
Sandhills Nebraska
G
Gary Benson Offline
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Gary Benson  Offline
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Joined: Dec 2006
Posts: 21,716
Sandhills Nebraska
Originally Posted by danny clifton
ss comes out of the general fund. just like welfare. when do they project welfare to run out of money????????????????????

Well done.


Life ain't supposed to be easy.
Re: Social Security and Medicare [Re: Pike River] #7347439
09/04/21 06:33 AM
09/04/21 06:33 AM
Joined: Feb 2015
Posts: 10,666
Iowa
T
trapdog1 Offline
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trapdog1  Offline
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T

Joined: Feb 2015
Posts: 10,666
Iowa
Originally Posted by Pike River
Contrary to popular belief, Social security does not have its own pot of gold. When the time to do budgeting comes its all about allocating money to what obligations. This will mean tighter budgets for certain departments. When I was in middle school they were telling us that social security would "run out" by 2020.

Instead of tighter budgets for some departments, they should be eliminated all together. I'd start with the biggest waste of money, the Department of Education.

Re: Social Security and Medicare [Re: Canvasback2] #7347442
09/04/21 06:38 AM
09/04/21 06:38 AM
Joined: Dec 2006
Posts: 21,716
Sandhills Nebraska
G
Gary Benson Offline
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Gary Benson  Offline
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Joined: Dec 2006
Posts: 21,716
Sandhills Nebraska
Originally Posted by Canvasback2
Is it even possible to eliminate the Federal Debt within 4 Years ?

No. The total net worth of all combined millionaires and billionaires in the US is about 1.5 trillion. The Gubmint goes in debt more than 1.5 trillion annually. It's unfathomable how much money a trillion dollars is.


Life ain't supposed to be easy.
Re: Social Security and Medicare [Re: Steven 49er] #7347446
09/04/21 06:42 AM
09/04/21 06:42 AM

M
Mark June
Unregistered
Mark June
Unregistered
M



We're handing off a different Federal balance sheet to our grandkids than grandma and grandpa handed us.

Re: Social Security and Medicare [Re: bowhunter27295] #7347494
09/04/21 08:07 AM
09/04/21 08:07 AM
Joined: Sep 2010
Posts: 2,786
Northern lower Michigan
Feedinggrounds Offline
trapper
Feedinggrounds  Offline
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Joined: Sep 2010
Posts: 2,786
Northern lower Michigan
Originally Posted by bowhunter27295
How about we make SS voluntary.

I want OUT. Just write me a check for the money I have put in with a 3% compounded interest per year and then write me out of the books. Give me a release paper to sign or whatever else. Just let me OUT.

I am on a sinking ship with a life vest in sight and I am being told it won't work. Just stay over here with all the other people without a life vest. We will be fine if we stick together.

Nope. We will all drown. Give me my life vest and kick me off of the boat.

I would take that also....I have saved and planned like Soc. Sec. never existed. Many ways to earn a living if one wants to use their head.


you're only allowed so many sunrises... I aim to see every one of them!
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