GOP introduces plan to massively cut Social Security

For how long?

When our average lifespan is 95, and the senior population is twice what it is now...does that math add up?

What is the wage base right now that people pay into the program? $120,000 or so? Double that. The middle income people below that $120,000 are taking the brunt.

Longevity isn't the issue. Life span has actually dropped. Take the cap off the wage level. Everybody contributes equally
 
And what happens when the Jim Cramers of the world gamble away with your retirement investment ins unsound financial instruments, as occurred in the 2008 credit default swap crisis, and your retirement investment disappears.

That's the lie to the free market fundamentalist on privatizing SS. That doing so would return far greater profits at no risk and that SS is a retirement or pension plan when in fact SS is and has always been intended to be supplemental insurance.

SS, has functioned largely as it was intended to and has been a spectacular success at keeping seniors out of poverty in their retirements years. it's future short falls are easily fix as SS does not contribute to any of our current budget short falls. Those who argue otherwise have a vested financial reason to argue otherwise. One would be foolish and short sighted to listen to them.
ya I get all that-;long run privitization would pay out best -but the risks are way high too. Gotta do something -same with Medicare.
 
Putting 250,000 people back to work at an avg. of $40,000 per year would put a $1 billion into the system.....
 
And restoring slavery could add $Trillions.

So what the %$#@ are we waiting for. Get out those bull whips & manacles! It's time to Make America Great Again!
 
I just started receiving my social security at full retirement age, it's part of my retirement income along with my pension too. I do not want to see any cuts in benefits in SS, I would like to see yearly COLA increases in social security too! If the pukes pass this legislation into law and Trump signs this crap, we will be well on our way of becoming a third world toilet like India, with abject poverty too! Raise SS income cap and the social security tax! I don't know what people were thinking when they gave the pukes, the house, senate, and the presidency? There is no checks and balance now! Better end those asinine tax cuts for the rich too?!!

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I read Robert Reich, the man's a borderline socialist. He's exhibit A in the "doing anything to S.S. is trying to kill it". You need to read others on the topic but to get a full perspective on the subject

not what I read; he was advocating eliminating the caps on contributions.
 
ya I get all that-;long run privitization would pay out best -but the risks are way high too. Gotta do something -same with Medicare.
Medicare is a completely different issue. The free market is failing catastrophically to cost affectively provide health care in this nation but has been a platform for insurance companies to exploit Americans health and well being for extravagant profits. If a shit load of Americans need to die to assure their profits they are perfectly fine with that. Fortunately the current administration had the moral courage to begin the reforms in this nation that should have started 35 years ago. Now that ship has sailed and there's no turning back.

The next most important reform to health care will be dealing with free riding mooches and takers who exploit our system at our Cost and not theirs.
 

More fear mongering propaganda? The individuals receiving benefits now would not have their benefits effected...EVER. These "wink, wink" massive cuts are not to take effect until sometime in the future for the next generation who would never have seen ANY BENEFITS if the system is not repaired within the next few years.

Its just how you roll. The mean old republicans are going to toss grandma over the cliff....and starve little children. When in reality. Their money would be safe and secure right now and not even require any attempt to repair a broken system..."IF" you spend happy democrats who enjoy spending other people's money had not wasted the funds in purchasing votes by promising to give them FREE SHIT that just happens to be funded by a supposed "locked" social security fund. :)
 
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