The statement 'Social Security goes bankrupt in 12 years' is a bald faced lie. No surprise that Earl repeats it without understanding it in any way shape or form.
GOP Senator Proposes "Temporary" End to Social Security and Medicare
- Thread starter martin
- Start date
The statement 'Social Security goes bankrupt in 12 years' is a bald faced lie. No surprise that Earl repeats it without understanding it in any way shape or form.
I AM a veteran and retired but I am retired from the FAA, not the military. It was voluntary to work there and pay into Civil Service. I paid into Civil Service retirement for 30 years.
My solution to S.S. is to keep those who are paying and those who are receiving S.S. in the program but make it optional for those after a cutoff date in the legislation that would be required.
Since F.D.R. forced that Socialist program on the American people, the average return is 1-3%.
Those who die before 65 (or the eligible date) get zero return on their investment.
cawacko
Well-known member
If it's that easy why haven't we done it?
I'll offer an answer, because entitlements don't exist in a vacuum. How many other needs are there in society that we've proposed to raise taxes on to fund? We can only raise taxes so high. There's not an unlimited amount of money available.
Suspending SS, what a nightmare! They’d fix SS just like they did healthcare and infrastructure
Suspending SS, what a nightmare! They’d fix SS just like they did healthcare and infrastructure
Since F.D.R. forced that Socialist program on the American people, the average return is 1-3%.
Those who die before 65 (or the eligible date) get zero return on their investment.
They’ve been saying this since the 70‘s. They gave it 50 years back then.
The fact is that the social security trustee must issue a report every year, and that report completely obliterates the lie.
Yeah, ending entitlements will be really popular in his home state of Florida where the mean age is 100
Noking
Fight authoritarianism support Noking
Earl, should also remember that he depends on SS and Medicare for sustenance.
The trouble is not that it isn't easy. It's as easy as raising your hand or saying, "yes". We haven't done it because moneyed interests haven't wanted to do it. True, we can only raise taxes so high. They once were higher on
well to do taxpayers than now. Much higher.
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cawacko
Well-known member
I know it's not that easy or we would have done it. We have almost unlimited needs and wants in this country (that we could direct tax dollars towards) but we don't have unlimited money. So it becomes a battle of allocation.
You do realize that at no time did this guy say he actually was calling to end SS or Medicare?
Not once (that I saw).
From the linked article:
'Scott never specifically mentioned Social Security, Medicare and Medicaid in his call for sunsetting all federal legislation in five years, but he has acknowledged that they would be included. Scott says his aim would be to “fix,” not end, the programs. But as the New York Times wrote, it “would leave the fate of Medicare, Medicaid and Social Security to the whims of a Congress that rarely passes anything so expansive.”'
BTW - I read his 11 points.
https://perma.cc/5FZ3-WNBH
Whilst some of them are just goofy...especially towards the end.
And some of the others I either didn't mind or thought were good?
I LOVED number 2 (though I suspect his motives might be less than pure)!
'Government will never again ask American citizens to disclose their race, ethnicity, or skin color on any government forms.'
Americans (on BOTH sides) will simply not SHUT UP about fucking 'race'.
It can only help matters if the government stops asking this nonsensical question in it's data-gathering.
It is none of the government's business how much melanin is in ANY, American citizen's skin or what their ethnicity is.
https://perma.cc/5FZ3-WNBH
Whilst some of them are just goofy...especially towards the end.
And some of the others I either didn't mind or thought were good?
I LOVED number 2 (though I suspect his motives might be less than pure)!
'Government will never again ask American citizens to disclose their race, ethnicity, or skin color on any government forms.'
Americans (on BOTH sides) will simply not SHUT UP about fucking 'race'.
It can only help matters if the government stops asking this nonsensical question in it's data-gathering.
It is none of the government's business how much melanin is in ANY, American citizen's skin or what their ethnicity is.
Explain the point in bold facing the first phrase of that sentence when the second phrase is what makes this thread mean something.
Never mind.
T. A. Gardner
Serial Thread Killer
I'd start by allowing social security to invest in things that have a good ROI allowing it to grow funds. This works for 401K's, IRA's, investors, and everybody else. It would help the economy while making social security whole and secure. Second, I'd outlaw entirely that Congress can dip into the fund for any reason and use that money for something other than paying retirees.
That dual set of conditions would mean people paying in would eventually see their payments in retirement grow larger, and it would stop the fucking politicians, much like corporate CEO's from raiding the retirement funds they control driving them into bankruptcy.
As for Medicare, I think the whole healthcare system needs to be ridded of insurance paying routine medical costs. That's a horrible fucking idea that doesn't work for any type of insurance for any purpose. Insurance should be limited to major catastrophic coverage for one-time events, not paying out for routine medical treatment. That would drive the costs down in a major way. The proof of that is in the one area of medical treatment not covered by insurance: Cosmetic and elective surgery. That segment of the market has seen costs rise slower than inflation and has remained competitive in the market because it has to.
Oh, I'm also a retired veteran, and I wouldn't use the VA for shit other than an absolute last resort.
Just read the bloody thing.
The 'second phrase' in my post has NOTHING to do with what Scott said.
It is pure speculation on the part of the NYT.
I don't give a crap what this guy 'wants' to do.
I am simply pointing out that he NEVER (that I saw) said what the OP states he said.
You don't give a crap and you don't read all that well either. The "second phrase" refers to the second phrase of the post you're objecting to, which states Scott "acknowledged" it. Besides, the thread title doesn't allege he "said" it or what he "wants", but what he "proposed" and elimination of Medicare and SS are included in what he "proposed" to eliminate.
Yep, I've been hearing it most of my life.
No, Trumper, I do not collect one penny of S.S.
I paid into the Civil Service retirement fund for 30 years.
Does he think we are stupid? Why not come up With the better legislation, and then repeal and pass at the same time