Social Security Will Be Insolvent in 10 Years

[DudleySmith]

No, your whining is not clever.

Ah, projection. Okay, that's normal for the clueless.

 

[DudleySmith]

Over $6 trillion.

So why won't all those corporations and billionaires you run pity parties for order their pols to cut it?

 

[Toddsterpatriot]

Ah, projection. Okay, that's normal for the clueless.

Wipe those tears away.

 

[Ordinary Guy]

Didn't I say when they cut taxes on rich people and corporations that ultimately the tax burden will be shifted on to us? So Reagan, Bush and Trump all cut taxes. Trump doubled the number of corporations who effectively pay zero taxes. And now we're broke? What a shocker.

There is only one solution.

Roll Back the Reagan Tax Cuts

Our bridges are falling apart (among other things), and its Ronald Reagan's fault. A few hours before the bridge collapsed in Minnesota, a news release landed (among hundreds) in my email inbox. It was from the right-wing "Heartland Institute" and a Minnesota conservative group calling itself...

www.commondreams.org

Mark my words. The next recession, Republicans are going to say we need to cut everyone's social security and medicare 20-30%, in order to "save" the programs. But for the last 3 or 4 decades they've been doing everything they could to bankrupt these programs. And they will make you work 3 years longer. Mark my words. And I'll tell you I told you so. And you'll say it's Democrats fault. Just like you blamed them for Bush's great recession. It was freddy, fanny, anyone but Bush.

If the democrats would stop acting like trophy wives buying up votes with handouts, the burden would be lifted

 

[leftwinger]

Eliminate the earnings cap.

Problem solved.

Then it becomes just another TAX. Unless you are ready to adjust max payout per month accordingly to what you paid in over 35 years.

 

[Freedomisneverfree]

We are good until 2035. But since many of the young people are working on the computer as influencers, nothing is being paid into the system. (assuming most are not reporting their income).

 

[DudleySmith]

Wipe those tears away.

Did I make you cry again?

 

[The Irish Ram]

The point is moot. CBDC will soon be replacing any monies coming from the government, with social credit scores meant to take away our income, our property, our food, and our rights.
By signing the WHO treaty we gave Gates the authority to inject us with what ever depopulation/cancer/clot causing drug he wants. To lock us in our homes, remove our CBDC credits, deny us medical care and starve us to death. They have replaced our children's education with sexual indoctrination. They will devour them at their whim.
We had better hope that there is a caring God. Because we have proof that there is evil...

 

[DudleySmith]

We are good until 2035. But since many of the young people are working on the computer as influencers, nothing is being paid into the system. (assuming most are not reporting their income).

Off-shoring high productivity jobs reduced a lot of the payrolls here, and replacing them with low productivity service industry jobs at wages that are kept far below the real inflation rates further reduces the tax revenues. We have over triple the population now, so obviously the off-shoring economic model is a failure for payroll taxes increasing, as is refusing to enforce anti-trust laws and tossing out the fair trade laws that helped small and medium sized businesses grow the middle class.

 

[Dante Reawakened]

Social Security Will Be Insolvent in 10 Years​

caveat: Only if nothing is done between now and then.

D'Oh!

 

[Lord Long Rod]

caveat: Only if nothing is done between now and then.

D'Oh!

How refreshing, another fucking retard.

 

[Lord Long Rod]

Republicans love that Bill, it's over 80% pure corporate welfare for people already wealthy, lol you look more retarded than he does.

Thank you for your comment. Believe it or not, I am actually going to pay you a compliment. See, I do not actually believe that you are as stupid as you pretend to be online. I even have my suspicions that you do not even believe the ridiculous nonsense you espouse to others on a regular basis. I know it is fun to act stupid and be snarky. Thanks to the advent of the internet you can now do this with little to no consequence.

A virtuous man, or woman, of honor knows that there are a number of things that must be collectively valued highly in order to maintain a civil society. These things consist of matters such as honesty, having a strong work ethic, being productive, and tolerance of diversity of opinions and ideas. Too many people today choose to live without virtue and a sense of honor. But it is our duty to seek a virtuous life if we are to effectively live in peace with one another. This requires, inter alia, education on a myriad of topics fueled by a natural curiosity and drive to better oneself and, therefore, society in general.

Such a heightened and enlightened consciousness cannot be found on the internet. Cyberspace is a dark, virtueless morass of social toxicity that is the antithesis to virtue. I acknowledge this, and I have some some time now. Therefore, I begrudge nobody their words and thoughts in the cyber world. I expect nothing from them. They are nothing, and they are of no consequence to me. Their value, if any, is what you choose it to be.

In order to stave off the inevitable nihilism associated with internet socializing, I choose to accept faith in the belief that nobody can really be as stupid and ignorant as you appear to be from the comments you publicly make. Most assuredly you are merely saying what you say in order to derive some sort of pleasure from a deviant fetish you harbor based on watching people respond to your bullshit.

 

[Dante Reawakened]

How refreshing, another fucking retard.

D'Oh!

no one is proposing doing nothing

 

[Godboy]

Social Security is running out of money

hotair.com

It is striking to me how many human beings will accept lie after lie from Democrats. The dark vision of elder financial doom has been prophesized for decades. It is simply a matter of math, and math cannot be refuted. Oh, it can be manipulated (e.g., electoral politics; climate "science"; etc...). But calculations and their results cannot be refuted. I raised this issue here on this board months ago and was refuted by virtually all the leftist yo-yos and ding-dongs that this is simply just not true. "You have no evidence of that!", "You are being lied to by the Republicans!", and "It is really you on the right who are trying to destroy Social Security!", are just some of the tripe I heard in response. Well, I am back again to point this out to you. Massive cuts to your entitlements will begin in 2033. "Oh, Long Rod, you are just so naive! Our generous government overseers will not let this happen to us! They will tend to us and our needs by making the wealthy pay their fair share!", will come the retort. I say, hogwash!

One author bravely asked the question I have been asking for months in response to Dem stupidity, to wit: "Is it Necessary to Prove What is Self-Evident?" (in relation to Covid fraud). Is it necessary to prove what's 'self-evident'?

Gaslighting is merely a nice way of saying "lying". Prominent in leftist propaganda today is the trick of simply denying things ("That was debunked!!"; "You are gaslighting"; "Show me the evidence!!", etc...). In doing so they are lying to the American people. When, for example, a leftist kunt asks you for "evidence" that Biden was engaged in a pay-to-play, influence peddling scheme when he was occupying the position of VP under the deplorable and dark (possibly Satanic) rein of the Ayatollah Barry Hussein Hamas Obama, then you give it to him (citing tons upon tons of circumstantial evidence, and substantial direct evidence), they wildly respond to you by falsely claiming there is no evidence. What the fuck, right? People who act like this are not people we need in our body politic. They are wet, smelly turds and they are making everybody else look and smell like shit. They must be flushed down the toilet and into the sewage system, where they belong.

Let us look at the Social Security issue as if we have fucking brains that function at higher than a pre-school level AND belong to virtuous and honorable people (which pretty much excludes Democrats, to be clear). Omit the emotional responses, the blue collar morality, lies, the politics, propaganda, etc... Social Security is not going to be able to cover its current obligations in 10 years (or some similar short time period, depending on who you listen to). This will necessitate cuts. This is the undisputed consequence if we continue forward with this program unchanged.

We can certainly get into a debate (have a conversation, as the black Dems are fond of saying) of how we can prevent the program from becoming insolvent (which, for you Democrats, means its obligations exceeds its funding; i.e., ya'll ain't payin' yer bills!), and whether we even should preserve it. Maybe we ought to dismantle the system altogether. For all you folks who "paid into SS for years" expecting to get a pittance of it returned to you upon retirement (i.e., however much the federal government says you can have), you should remember that this is not the first time the government has fucked you. Why you expect the federal government not to fuck you is what I find surprising.

SS "investment" (LOL!!) is similar to tax refunds. The only way some people can save is to allow the government to over-deduct for income tax withholdings, then use your money interest-free for a year before they return it to you. You are duped into thinking this is a windfall. I do not know about where everybody else is from, but where I am from this is considered a great big old fucking put on you by the feds. Similarly, with SS you give the fed a percentage of your gross earnings, allow the government to hold it, interest free and derived from your labor, and spend it, purportedly in exchange for them letting you have a little bit of it back when you reach a certain age. Why? Because they think you are too fucking stupid to save and invest your own money. Contrary to what some say, the money they take from you to fund SS is not going into a little lock box to be safely held for your golden years. It is going to pay people who are currently drawing SS benefits.

When I hear somebody say "Dad-gummit!! I dun paid into the Social Security fer decades and I expect ta git sumthang out of it. They owes me!!", I cannot help but to sadly shake my head. And these are usually good people, many conservatives. But you got to get it through your heads, brothers: You have been fucked. You have been played, and there is nothing you can do about it. Your money was taken from you by force of law and payed to other people who are on the public dole. You will get some of it back (maybe), but you will take a huge cut relative to what is being paid out today to others (with YOUR money).

SS can easily be saved. All we have to do is reduce the money that we put into welfare programs and put it in SS instead.

 

[DudleySmith]

Thank you for your comment. Believe it or not, I am actually going to pay you a compliment. See, I do not actually believe that you are as stupid as you pretend to be online. I even have my suspicions that you do not even believe the ridiculous nonsense you espouse to others on a regular basis. I know it is fun to act stupid and be snarky. Thanks to the advent of the internet you can now do this with little to no consequence.

A virtuous man, or woman, of honor knows that there are a number of things that must be collectively valued highly in order to maintain a civil society. These things consist of matters such as honesty, having a strong work ethic, being productive, and tolerance of diversity of opinions and ideas. Too many people today choose to live without virtue and a sense of honor. But it is our duty to seek a virtuous life if we are to effectively live in peace with one another. This requires, inter alia, education on a myriad of topics fueled by a natural curiosity and drive to better oneself and, therefore, society in general.

Such a heightened and enlightened consciousness cannot be found on the internet. Cyberspace is a dark, virtueless morass of social toxicity that is the antithesis to virtue. I acknowledge this, and I have some some time now. Therefore, I begrudge nobody their words and thoughts in the cyber world. I expect nothing from them. They are nothing, and they are of no consequence to me. Their value, if any, is what you choose it to be.

In order to stave off the inevitable nihilism associated with internet socializing, I choose to accept faith in the belief that nobody can really be as stupid and ignorant as you appear to be from the comments you publicly make. Most assuredly you are merely saying what you say in order to derive some sort of pleasure from a deviant fetish you harbor based on watching people respond to your bullshit.

lol you will never be able to fake being intelligent n stuff.

 

[whitehall]

S.S. has been insolvent since it started. There is no sealed box. The federal government can't stand to see money laying around unspent so the government started stealing from it from the moment the law was passed. LBJ finally made it official that FICA tax would be placed in the general fund and spent. So far incoming FICA tax has been able to keep up with outgoing Social Security payments but with the influx of millions of illegal aliens who don't pay into Social Security and will probably benefit when they get old enough (thanks to democrat policies) the whole system is bound to collapse.

 

[Tumblin Tumbleweed]

Do you have any examples of these comments, or are you just projecting some nonsense onto me?

I'm at the edge of my seat waiting for more of your wisdom, Mr. Long Rod.

It's a cut-n-paste this troll uses. Pay no attention to the moron.

 

[Dirk the Daring]

The greedy corrupt Democrat Cult wasted/looted $$trillions$$ on covid and their inflation production act.
They don't care about SS.

'inflation PRODUCTION act!' Love it...

 

[YoursTruly]

10yrs of SS solvency? That's about how long it's going to take them to pay me back what I've paid in.

 

[Toddsterpatriot]

Did I make you cry again?

You do make me laugh a lot. Especially when you're crying.