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The GOP wants to elimiate the social safety net generally.
Social Security is number one on their hitlist.
Be afraid...be very afraid
The GOP wants to take away your Social Security....and your Healthcare
The GOP wants to elimiate the social safety net generally.
Social Security is number one on their hitlist.
If people had their own money in a privately held account, there would be no need for said safety net.
The GOP wants to elimiate the social safety net generally.
Social Security is number one on their hitlist.
If people had their own money in a privately held account, there would be no need for said safety net.
How do they plan to take money from social security/medicare, give your portion to you and still continue payouts to seniors collecting now?
Answer: They don't. A lot of people are going to go broke and will have no saftey net in your scenario.
The GOP wants to elimiate the social safety net generally.
Social Security is number one on their hitlist.
If people had their own money in a privately held account, there would be no need for said safety net.
How do they plan to take money from social security/medicare, give your portion to you and still continue payouts to seniors collecting now?
Answer: They don't. A lot of people are going to go broke and will have no saftey net in your scenario.
The fact that the Democrats are pulling out the typical Social Security scare card is pretty much evidence that they've got nothing left to run on. They're headed for a slaughter and they're grasping at any straw they can find at this point.
The GOP wants to elimiate the social safety net generally.
Social Security is number one on their hitlist.
If people had their own money in a privately held account, there would be no need for said safety net.
Be afraid...be very afraid
The GOP wants to take away your Social Security....and your Healthcare
The fact that the Democrats are pulling out the typical Social Security scare card is pretty much evidence that they've got nothing left to run on. They're headed for a slaughter and they're grasping at any straw they can find at this point.
What a cynical POS Obama is. He doesnt get that doing nothing will cause SS to fail. Reforming it along market lines will assure its continuance. He has it exactly wrong, as usual.
Yes, this is merely a campaign ploy because he knows--everyone knows--the Dums are in deep shit this year on the campaign trail. The smart ones have already decided not to run. That leaves you know who.
And the market today is about where it was when Bush proposed privatization. Who knows what would have happened if people had been able to control their own money, where the economy would be today.
The fact that the Democrats are pulling out the typical Social Security scare card is pretty much evidence that they've got nothing left to run on. They're headed for a slaughter and they're grasping at any straw they can find at this point.
What a cynical POS Obama is. He doesnt get that doing nothing will cause SS to fail. Reforming it along market lines will assure its continuance. He has it exactly wrong, as usual.
Yes, this is merely a campaign ploy because he knows--everyone knows--the Dums are in deep shit this year on the campaign trail. The smart ones have already decided not to run. That leaves you know who.
And the market today is about where it was when Bush proposed privatization. Who knows what would have happened if people had been able to control their own money, where the economy would be today.
The Dow would most likely be around 15,000.....maybe higher, if Bush's plan had gone into effect.
One of the reasons SS is in trouble is because Congress keeps dipping into it. There would be plenty of cash in it from all of the folks that never reached retirement age....but of course Congress stole from the fund and never replaced it.
Bush's plan would have given us more control over our retirement funds. Congress wouldn't be able to use it as a slush-fund anymore and that is why the Dems literally cheered when Bush announced that fixing SS was history. They were cheering that their cookie jar was still intact.
Nice. Any other musings to entertain GOP followers with?
Nice. Any other musings to entertain GOP followers with?
you'd think, listening to them, that they didn't run things for 8 years.
if their ideas were so good, they wouldn't have crashed the economy.
Nice. Any other musings to entertain GOP followers with?
you'd think, listening to them, that they didn't run things for 8 years.
if their ideas were so good, they wouldn't have crashed the economy.
The GOP weren't the only ones to allow good jobs to be moved overseas, nor were they the ones who totally fucked-up the financial system with the Community Reinvestment Act. That said, it only took a few years for the "American Jobs Creation Act" passed by the GOP, whose tax-breaks to move factories overseas to have American unemployment to exceed 10%. Is that called "irony"?
Both parties are full of crooks that protect the wealthy and whore for their contributors.
you'd think, listening to them, that they didn't run things for 8 years.
if their ideas were so good, they wouldn't have crashed the economy.
The GOP weren't the only ones to allow good jobs to be moved overseas, nor were they the ones who totally fucked-up the financial system with the Community Reinvestment Act. That said, it only took a few years for the "American Jobs Creation Act" passed by the GOP, whose tax-breaks to move factories overseas to have American unemployment to exceed 10%. Is that called "irony"?
Both parties are full of crooks that protect the wealthy and whore for their contributors.
There is that. But as party policy and platform, there are better and worse policies. This is a very bad one.
The worst thing Bill Clinton did was to support NAFTA... but he isn't alone in the blame for that.
The GOP wants to elimiate the social safety net generally.
Social Security is number one on their hitlist.
If people had their own money in a privately held account, there would be no need for said safety net.
How do they plan to take money from social security/medicare, give your portion to you and still continue payouts to seniors collecting now?
Answer: They don't. A lot of people are going to go broke and will have no saftey net in your scenario.
Nice. Any other musings to entertain GOP followers with?
you'd think, listening to them, that they didn't run things for 8 years.
if their ideas were so good, they wouldn't have crashed the economy.
Nice. Any other musings to entertain GOP followers with?
you'd think, listening to them, that they didn't run things for 8 years.
if their ideas (policies?) were so good, they wouldn't have crashed the economy.
If people had their own money in a privately held account, there would be no need for said safety net.
How do they plan to take money from social security/medicare, give your portion to you and still continue payouts to seniors collecting now?
Answer: They don't. A lot of people are going to go broke and will have no saftey net in your scenario.
Actually, they do. It was explained well by a couple of posters in this very topic. We simply phase out benefits for future generations and pay those recipients from tax dollars collected from sources other than Social Security taxes. Current workers stop paying "Social Security taxes" and are allowed to keep more of their wages to invest for retirement. Eventually, the recipients of the remnants of Social Security will die out, and we can no longer appropriate funds to pay their benefits.
It's not rocket science.
The counter-argument is that many people will not properly plan for their retirement and will be left with nothing. To that I say, "Tough shit." I'm tired of coddling the ignorant masses. If you aren't responsible enough to take care of yourself, society is better off without you. You deserve to die poor, homeless, and hungry.