The Propaganda Campaign To Wreck Social Security Is Right On Track

[Couchpotato]

They’d just end up pissing it away on a lot of useless crap.

Unlike what the government does with their money……

 

[Orangecat]

A smaller and smaller percentage of the population is supporting a larger and larger percentage.

all Ponzi Schemes eventually fail.

 

[Oddball]

Actually, employees only pay 7.65% FICA tax, and then only up to a maximum contribution.

Employers pay an equal amount.

People who bus tables are employees.

Business owners are the only ones who pay 15.3%.

Horseshit.

The part that the "employer pays" comes out of the percentage in their business model devoted to employee costs.

The employee pays it all.

 

[Oddball]

In response to incessant Republican attacks on Social Security

Nobody has ever attacked Socialist Insecurity, you fucking liar.

 

[Oddball]

In the 2000's, Dubya tried to pass a law having Social Security invest the contributions in the equity markets.

Considering how much the markets have gone up since President Bush made the proposal, its apparent that the libs who opposed this are responsible for the low rate of SS benefits today.

Will Sleepy Joe, B. Hussein O, et al accept responsibility and quit trying to punish Americans over their snafu?

That was just a sop to his Wall Street crones, who would have made dollars over the pennies that any Socialist Insecurity increases the hoi polloy may have enjoyed.

 

[Lesh]

Nobody has ever attacked Socialist Insecurity, you fucking liar.

No one tried to drum up support for privatizing it and dumping it into the stock market?

No one claimed it was a ponzi scheme?

No one claimed it was just a bunch of worthless IOUs?

Yea Republicans did all that and much more.

 

[Oddball]

No one tried to drum up support for privatizing it and dumping it into the stock market?

No one claimed it was a ponzi scheme?

No one claimed it was just a bunch of worthless IOUs?

Yea Republicans did all that and much more.

The stock market is good enough for hundreds of gubmint pension plans to be invested in.

It is a Ponzi scheme.

It is a bunch of worthless IOUs.

The truth isn't an attack....Suck on it.

 

[Lesh]

The stock market is good enough for hundreds of gubmint pension plans to be invested in.

It is a Ponzi scheme.

It is a bunch of worthless IOUs.

The truth isn't an attack....Suck on it.

Nobody has ever attacked Socialist Insecurity, you fucking liar.

Ummmm...you have a consistency problem moron.

By th way..Blake Masters is campaigning on getting rid of social security

 

[Oddball]

Ummmm...you have a consistency problem moron.

Telling the truth still isn't an attack, sub-moron.

 

[toobfreak]

People like the Op has this delusion believing Social Security is your main source of income in retirement

It is, for a lot of people. Or might be your only income someday too. You just never can predict the future.

 

[ninja007]

actually WORLDWIDE nobody will get a pension. Its called UBI, $2 GRAND per month, gov. controls you.

 

[Mac1958]

Sen. Johnson suggests ending Medicare, Social Security as mandatory spending programs​

https://www.washingtonpost.com/national-security/2022/08/03/ron-johnson-medicare-social-security/

 

[struth]

No one tried to drum up support for privatizing it and dumping it into the stock market?

No one claimed it was a ponzi scheme?

No one claimed it was just a bunch of worthless IOUs?

Yea Republicans did all that and much more.

1) trying to reform it. so it last, isn’t attacking it. The Swedish model is the best we need to do what they did
2) it is one
3) it is

 

[pknopp]

SS was a scam from the beginning. The only way it works is if the age you start collecting is well above the life expectancy like it was when it was created. Its also a wealth thief. Primarily from minorities as their life expectancy is lower.

Investing 40 dollars a week from 18 to 65 has a better ROE than SS if you made 60k a year and you can pass the investment off to your children when you die unlike SS.

The issue is reality. Many would not save. You can argue "well, too bad" but that is not going to work in reality.

 

[Blues Man]

Man If I had control of that 12% of my lifetime income I could have retired in my 40's instead of in my 50's

 

[Bootney Lee Farnsworth]

The Propaganda Campaign To Wreck Social Security Is Right On Track​

And FDR started the campaign.

This Ponzi scheme was bound to collapse at some point.

 

[Couchpotato]

The issue is reality. Many would not save. You can argue "well, too bad" but that is not going to work in reality.

That doesnt change anything I said about SS.

 

[Lesh]

Not an opinion. Fact.

It IS a ponzi scheme, and they always go broke.

Now, instead of whining try to prove me wrong.

It is an OPINION not a "fact"

Learn the difference

 

[Lesh]

And FDR started the campaign.

This Ponzi scheme was bound to collapse at some point.

Only if Republicans are allowed to screw with it

 

[Blues Man]

It is an OPINION not a "fact"

Learn the difference

All I know is that if I ran a pension plan the way the government runs SS I would be arrested.

That's enough to tell me SS is a scam