Repubican capitalism made us rich, but liberalism stole the money!!!

The median salary is only $26,000. If we up that to $30,000, and if someone were to invest 15% for 45 years at 5%, the net savings after accounting for inflation and earnings would only be $325,000. This is assuming that the employer contributes half as they currently do to SS. Considering that current contributions to SS are only a combined 12.4% as the rest goes to Medicare, the current return via SS is only slightly less. The one advantage with SS is that should you die, your wife and kids will collect benefits until your kids turn 18. This benefit cannot be realized with your investment scenario outside of a separate life insurance policy. In the end, you're not going to see much difference. Based on the numbers you are using, you obviously took the median income as being double what it actually is, and you forgot to account for inflation. You need to do your calculations in today's dollars rather than future dollars if you want to show a constant value of the investment.

Bottom line is your op is a lie.
Nonsense. If a person has an investment account, mutual fund or other investment vehicle, the funds can most certainly be bequeathed to another.
Where do you people get your information from? A Cracker Jack decoder ring?
The greed of the left for assets they did not earn knows no bounds.

Do you have any clue what you are talking about? You seem to be referring to the fact that you can pass your investment account on to survivors should you die. I made no such argument against that. What you don't think about is what happens when you die at an early age, before that investment has had time to grow. Get in the ballgame if you want to play.
This is what you wrote:"The one advantage with SS is that should you die, your wife and kids will collect benefits until your kids turn 18. This benefit cannot be realized with your investment scenario outside of a separate life insurance policy. In the end, you're not going to see much difference. "
Do you have a clue?
You imply that private investment is no good while cheer leading for the government option.
Apparently you fall into the category of those who think because you are unsure of yourself in matters financial, everyone else must be equally as foolish.
 
The median salary is only $26,000.

Average Employment Income
:
Annual, per Worker, incl. dependent & self employment
Disposable Gross (1)
2005
31,410
31,410

42,028
42,028 (average salary, USA 2011)

if the birdbrain wants to count 4% inflation per year ending salary is $255,000,
 
Last edited:
The median salary is only $26,000.

Average Employment Income
:
Annual, per Worker, incl. dependent & self employment
Disposable Gross (1)
2005
31,410
31,410

42,028
42,028 (average salary, USA 2011)

if the birdbrain wants to count 4% inflation per year ending salary is $255,000,
The OP is trying to pull a fast one.
The US Per capita income level is $41,560( 2011)
Per Capita Personal Income U.S. and All States
The poverty line for a family of 4 is $23,050 (2011)
Federal Poverty Guidelines

Now, in response to all the libs who whine with their class envy nonsense about the rich getting richer and and everyone else not, the per capita income of the nation's people, since 1994 the nation's per capita income has DOUBLED.
With the claim of ONLY the ONE PERCENT gaining income, this of course would be mathematically impossible.
 
With the claim of ONLY the ONE PERCENT gaining income, this of course would be mathematically impossible.

yes with no gain in income it would very hard to explain how they can suddenly afford all the new cells phones, flat screens, computers, restaurant dinners and plane flights! Been to Jet Blue Terminal lately??
 
With the claim of ONLY the ONE PERCENT gaining income, this of course would be mathematically impossible.

yes with no gain in income it would very hard to explain how they can suddenly afford all the new cells phones, flat screens, computers, restaurant dinners and plane flights! Been to Jet Blue Terminal lately??


Credit cards.

Which the user must pay the borrowed money back per the terms of the agreement.
What's your point?
Looking at air fares..Fares may seem expensive but actually fares have never been lower when adjusted for inflation.
 
yes with no gain in income it would very hard to explain how they can suddenly afford all the new cells phones, flat screens, computers, restaurant dinners and plane flights! Been to Jet Blue Terminal lately??


Credit cards.

Which the user must pay the borrowed money back per the terms of the agreement.
What's your point?
Looking at air fares..Fares may seem expensive but actually fares have never been lower when adjusted for inflation.

Yes Republican capitalist innovation has made folks far far richer so they can all now afford new stuff like jet travel and flat screens!!

Imagine liberals trying to sell the idea that we are getting poorer when everyone is walking around with a $100/ month Iphone toy??
Its pure lunacy, but liberals beleive it, believe it or not!!
 
Credit cards.

Which the user must pay the borrowed money back per the terms of the agreement.
What's your point?
Looking at air fares..Fares may seem expensive but actually fares have never been lower when adjusted for inflation.

Yes Republican capitalist innovation has made folks far far richer so they can all now afford new stuff like jet travel and flat screens!!

Imagine liberals trying to sell the idea that we are getting poorer when everyone is walking around with a $100/ month Iphone toy??
Its pure lunacy, but liberals beleive it, believe it or not!!

Ed, I know your views of imposing religous beliefs on the states from Washington are pretty liberal but calm down.

No debate on The New Deal creating the world's greatest nation so find your own talking point.

We do have a growing income inequality issue but still folks are not poor with all their tv's and toys.

Are ya Reagan fan or something to disregard debt from the equations? We agree the national debt is an issue, right? And personal debt also.
 
No debate on The New Deal creating the world's greatest nation so find your own talking point.

100% stupid but perfectly liberal. New Deal liberalism created and maintained the Great Depression and WW 2 for 15 years. It figures that liberals would look back fondly on the period when 60 million died!!

See why we are 100% a liberal will be slow, so very very slow??
 
No debate on The New Deal creating the world's greatest nation so find your own talking point.

100% stupid but perfectly liberal. New Deal liberalism created and maintained the Great Depression and WW 2 for 15 years. It figures that liberals would look back fondly on the period when 60 million died!!

See why we are 100% a liberal will be slow, so very very slow??

Wait great economic thinker. You can't have it both ways. If you say FDR's deficit spending was bad for the economy then yiu say Reagan's was also.

Lets start following dollars around if we must. But remember the logic knot you got tied in in that topic of yours with the substinance farmers of China and trying to figure out who to tax so a road coukd be built.

So, FDR creates a dollar of debt and spends it on a power plant in year one. When does that debt come back to hurt you? When does that dollar spent start circulating? Substitute the name Reagan and battleship for power plant before you get critical now.
 
If you say FDR's deficit spending was bad for the economy then yiu say Reagan's was also.

yes, it is a fact that Conservatives and libertarians would prefer a Balanced Budget Amendment and no deficits or debts since no good can come from liberal deficits and debts but plenty of harm can come from them.

This is stuff a HS kid would know.


See why we are 100% positve a liberal will be slow??
 
If you say FDR's deficit spending was bad for the economy then yiu say Reagan's was also.

yes, it is a fact that Conservatives and libertarians would prefer a Balanced Budget Amendment and no deficits or debts since no good can come from liberal deficits and debts but plenty of harm can come from them.

This is stuff a HS kid would know.


See why we are 100% positve a liberal will be slow??

Hey, I am thrilled Reagan is no longer someone you look up to. The 1st step is self awareness.

Who had the last balanced budget anyways?
 
Hey, I am thrilled Reagan is no longer someone you look up to.

too stupid of course. Conservatives revere Reagan more than any other president since Jefferson!!

Again this is something a small child would know, just not a libera!!!!

Just when you start making sense....you start talking nonsense again.

So let me get this straight, you want a balanced budget ammendment and you like Ronald Reagan's deficit spending to pump the economy and FDR's deficit spending was bad but Reagan's was good???%?%?
 
Hey, I am thrilled Reagan is no longer someone you look up to.

too stupid of course. Conservatives revere Reagan more than any other president since Jefferson!!

Again this is something a small child would know, just not a libera!!!!

Just when you start making sense....you start talking nonsense again.

So let me get this straight, you want a balanced budget ammendment and you like Ronald Reagan's deficit spending to pump the economy and FDR's deficit spending was bad but Reagan's was good???%?%?

The problem with Cons is that they've invented this mythical Reagan who was the ideal of all their dogma, not the real man who was president from 1981-1989.

The real Reagan, who appointed moderate justices, gave amnesty to illegals, raised taxes, reached comprimises with Democrats, would be a RINO today, driven from office like Dick Lugar.
 
The problem with Cons is that they've invented this mythical Reagan who was the ideal of all their dogma, not the real man who was president from 1981-1989.

too stupid!!!, its hardly a problem to love someone who thought as Jefferson did.
 
So Jefferson loved and conservatives love deficits and tariffs and bank bailouts?

IF I said he did I'll pay you $10,000. Bet or runaway with you liberal strawman between your legs

You confused me with your praise of Reagan as a Jeffersonian Conservative hero. Lol.

Do you understand the problem? You just say Ronald was in that vein but he was the opposite.
 

Forum List

Back
Top