Will Republicans end social security?

[toobfreak]

I love it that Biden agrees with me that Republicans want to end social security.

More mental masturbation, Bobo? Funny, because it is the democrats who keep dipping into the fund stealing money from it to finance other things risking its liquidity, it is democrats who keep refusing to even look at ways to reform it to keep it more solvent, it is democrats who keep using the issue as a topic to gaslight voters with hoping to scare them into keeping voting democrat, and it is democrats who keep pissing away trillions of dollars making it harder to keep SS active!

As always, just take everything a democrat like you claims, flip it around 180° and suddenly, you arrive at the real truth again.

 

[healthmyths]

I love it that Biden agrees with me that Republicans want to end social security. Of course you do. It's socialism you say. You guys hate the program. You call it a ponzi scheme. You've told us for 50 years not to expect it when we retire. How can any Republican today say they want to continue the program? You can't. You'd be the LIARS.

Joe didn't lie when he said “Some Republicans want Social Security and Medicare to sunset,” Biden said.

Biden has tense exchange with Republicans on Social Security during State of the Union

A section from President Biden’s State of the Union address that aimed to ding Republicans on plans to cut Social Security turned into an unusual moment of live policy discussion — and apparent agr…

thehill.com

He should have said most or all. If not, you're a RINO.

Actually there IS a better way with Medicare/SS. It could make all participating Americans "MILLIONAIRES" guaranteed just like the FDIC works.
Called "Venture Capital Insurance Corporation of America"(VCICA) the program would take deductions from paychecks and UNDER the direction of the participant
options to put into savings accounts, invest in the stock market, buy venture capital, and their principal is guaranteed by VCICA!
Those high risk investments would pay a premium that would be used to protect the VCICA members principal just as FDIC works guaranteeing principal not interest earned. VCICA would not only help any VCICA member to have APPRECIATION plus interest growth that historically over the last
The historical average yearly return of the S&P 500 is 10.345% over the last 100 years, as of end of January 2023.

Historical Average Stock Market Returns for S&P 500 (5-year to 150-year averages) - Trade That Swing

These are the average yearly returns of the US stock market over the last 5, 10, 20, 30, 50, 100, and 150-years. Data is based on the S&P 500.

tradethatswing.com

So a VCICA member who started putting a part of their/employers' 6.2% of paycheck or say average of $2,000/mo or over $250/month
Assume started 30 years ago the VCICA member would have accumulated:$500,000 or more as their salary would have increased.
So If i were asked by the government.. would you like to tell VCICA where to invest your payments and the principal would be guaranteed by VCICA would you participate?
Let the Americans have more control over their lives! Let them have VCICA!

 

[sealybobo]

Actually there IS a better way with Medicare/SS. It could make all participating Americans "MILLIONAIRES" guaranteed just like the FDIC works.
Called "Venture Capital Insurance Corporation of America"(VCICA) the program would take deductions from paychecks and UNDER the direction of the participant
options to put into savings accounts, invest in the stock market, buy venture capital, and their principal is guaranteed by VCICA!
Those high risk investments would pay a premium that would be used to protect the VCICA members principal just as FDIC works guaranteeing principal not interest earned. VCICA would not only help any VCICA member to have APPRECIATION plus interest growth that historically over the last
The historical average yearly return of the S&P 500 is 10.345% over the last 100 years, as of end of January 2023.

Historical Average Stock Market Returns for S&P 500 (5-year to 150-year averages) - Trade That Swing

These are the average yearly returns of the US stock market over the last 5, 10, 20, 30, 50, 100, and 150-years. Data is based on the S&P 500.

tradethatswing.com

So a VCICA member who started putting a part of their/employers' 6.2% of paycheck or say average of $2,000/mo or over $250/month
Assume started 30 years ago the VCICA member would have accumulated:$500,000 or more as their salary would have increased.
So If i were asked by the government.. would you like to tell VCICA where to invest your payments and the principal would be guaranteed by VCICA would you participate?
Let the Americans have more control over their lives! Let them have VCICA!

That sounds good. I would also like it if people who die before they start collecting can get some back. Like if you die at age 59 you should at least get as much as a funeral costs.

 

[sealybobo]

More mental masturbation, Bobo? Funny, because it is the democrats who keep dipping into the fund stealing money from it to finance other things risking its liquidity, it is democrats who keep refusing to even look at ways to reform it to keep it more solvent, it is democrats who keep using the issue as a topic to gaslight voters with hoping to scare them into keeping voting democrat, and it is democrats who keep pissing away trillions of dollars making it harder to keep SS active!

As always, just take everything a democrat like you claims, flip it around 180° and suddenly, you arrive at the real truth again.

Hey, as long as your position today and in the future is you love social security and don't want to fuck with it. Just checking. Because you republicans here on USMB and government republicans for 50 years have talked like you would like to end the program.

Or like Biden said

President Biden drew a raucous response from Republicans during his State of the Union address on Tuesday night when he said some GOP lawmakers want to cut Social Security and Medicare.

“Anybody who doubts it, contact my office. I’ll give you a copy of the proposal,” he said as Republican lawmakers jeered.

Biden and Democratic lawmakers have repeatedly accused Republicans of attempting to target Medicare and Social Security in potential spending cuts that they hope to tie to a debt ceiling increase. However, Republicans have denied that the entitlement programs are at risk.

But some prominent Republicans have previously suggested cuts to the programs. Here’s what they actually said about cuts and changes to Social Security and Medicare.

What Republicans have actually said about cuts to Social Security and Medicare

President Biden drew a raucous response from Republicans during his State of the Union address on Tuesday night when he said some GOP lawmakers want to cut Social Security and Medicare. “Anybody wh…

thehill.com

I'm glad Biden called you guys out on it. It's not just me.

 

[toobfreak]

I would also like it if people who die before they start collecting can get some back. Like if you die at age 59 you should at least get as much as a funeral costs.

Where does Social Security mail the refund check?

 

[sealybobo]

Actually there IS a better way with Medicare/SS. It could make all participating Americans "MILLIONAIRES" guaranteed just like the FDIC works.
Called "Venture Capital Insurance Corporation of America"(VCICA) the program would take deductions from paychecks and UNDER the direction of the participant
options to put into savings accounts, invest in the stock market, buy venture capital, and their principal is guaranteed by VCICA!
Those high risk investments would pay a premium that would be used to protect the VCICA members principal just as FDIC works guaranteeing principal not interest earned. VCICA would not only help any VCICA member to have APPRECIATION plus interest growth that historically over the last
The historical average yearly return of the S&P 500 is 10.345% over the last 100 years, as of end of January 2023.

Historical Average Stock Market Returns for S&P 500 (5-year to 150-year averages) - Trade That Swing

These are the average yearly returns of the US stock market over the last 5, 10, 20, 30, 50, 100, and 150-years. Data is based on the S&P 500.

tradethatswing.com

So a VCICA member who started putting a part of their/employers' 6.2% of paycheck or say average of $2,000/mo or over $250/month
Assume started 30 years ago the VCICA member would have accumulated:$500,000 or more as their salary would have increased.
So If i were asked by the government.. would you like to tell VCICA where to invest your payments and the principal would be guaranteed by VCICA would you participate?
Let the Americans have more control over their lives! Let them have VCICA!

You mean the Pence plan?

Pence suggested that the U.S. government allow young Americans to put part of their Social Security withholdings into a private savings account overseen by the government, which could potentially generate more than current Social Security accounts.

 

[sealybobo]

Where does Social Security mail the refund check?

Now this guy at least has the balls to run on ending these social programs.

When Sen. Mike Lee (R-Utah) initially ran for Senate in 2010, he called for the complete elimination of Social Security.

“It will be my objective to phase out Social Security, to pull it up by the roots and get rid of it,” Lee said at a campaign event in 2010, adding, “There’s going to be growing pains associated with doing this. We can’t do it all at once.”

You know you agree with him.

 

[toobfreak]

Hey, as long as your position today and in the future is you love social security and don't want to fuck with it.

No, I WANT to fuck with it. I want to make it so it is out of reach of your grubby little hands and is made stable and fungible enough to remain healthy for all in coming future generations, rather than going bankrupt in 30 years.

 

[sealybobo]

Where does Social Security mail the refund check?

Here is why I know you guys are liars. I mean besides you're doing the same thing with abortion. Swearing to god you're not trying to make abortion illegal and murder. But we know that's your end game. You're just obvious liars.

When Sen. Mike Lee (R-Utah) initially ran for Senate in 2010, he called for the complete elimination of Social Security.

“It will be my objective to phase out Social Security, to pull it up by the roots and get rid of it,” Lee said at a campaign event in 2010, adding, “There’s going to be growing pains associated with doing this. We can’t do it all at once.”

but then later he changed his tune

“I don’t recall ever having advocated for dismantling those — that’s sensitive stuff,” he said in an October interview with the Daily Herald.

“I think, we oughta look to, after we get it solvent, look to the idea of allowing people, if they want to, to at least identify some portion of their social security payments to go into a private account,” he added, appearing to promote a similar idea to Pence.

So this Pence plan is just like overturning Roe V Wade. It's not the end game. It's a step towards ending these social programs. Which you Republicans hate.

Vagorie Taylor Greene can call us liars but she's the one lying.

 

[toobfreak]

Here is why I know you guys are liars.

Wrong premise. Delete without even reading.

 

[healthmyths]

You mean the Pence plan?

Pence suggested that the U.S. government allow young Americans to put part of their Social Security withholdings into a private savings account overseen by the government, which could potentially generate more than current Social Security accounts.

NO...NO...NO!!! Read the description of VCICA "Venture Capital Insurance Corporation of America"...
This would allow Americans to tell VCICA where to put the money either in dull, low interest savings or in high risk venture capital... but the principal is
protected for the American because the funds put into the venture investment would restrict the principal amount paid in AND would have a premium charged along with VCICA audits of the venture expenditures. But this would be the choice of the American. If the American wants only secured guaranteed interest or high risk great appreciation possibilities. This VCICA process would encourage venture capital thus grow start-up businesses.
Pence's plan was old fashioned and totally manipulated by the banking industry.
VCICA doesn't exist. There is a domain name but that's it. VCICA though could be a tremendous benefit to not only American members but to start-up ventures, existing IPOs, etc. as the restrictions would be totally based on the small investor.

 

[healthmyths]

Here is why I know you guys are liars. I mean besides you're doing the same thing with abortion. Swearing to god you're not trying to make abortion illegal and murder. But we know that's your end game. You're just obvious liars.

When Sen. Mike Lee (R-Utah) initially ran for Senate in 2010, he called for the complete elimination of Social Security.

“It will be my objective to phase out Social Security, to pull it up by the roots and get rid of it,” Lee said at a campaign event in 2010, adding, “There’s going to be growing pains associated with doing this. We can’t do it all at once.”

but then later he changed his tune

“I don’t recall ever having advocated for dismantling those — that’s sensitive stuff,” he said in an October interview with the Daily Herald.

“I think, we oughta look to, after we get it solvent, look to the idea of allowing people, if they want to, to at least identify some portion of their social security payments to go into a private account,” he added, appearing to promote a similar idea to Pence.

So this Pence plan is just like overturning Roe V Wade. It's not the end game. It's a step towards ending these social programs. Which you Republicans hate.

Vagorie Taylor Greene can call us liars but she's the one lying.

Of course you are an anti-capitalist and totally a socialism comrade!

I've often asked socialists like you this simple question:
In your totally socialism society who makes the decisions regarding workers' pay, working conditions, i.e. day to day decisions affecting a business?
This decision making, is it done by one person who is paid the same as their co-workers? Or is it a group decision i.e. committee of co-workers are paid the same as their co-workers?
Simply put what is the incentive for the person or persons making those decisions if they are paid the same as their co-workers?
So far silence. No answer.

 

[Dragonlady]

Biden wants to end SS too, but you’re too uninformed and propagandized by TV news to know it.

NO HE DOESN'T. That's the part you keep refusing to believe. No reasonable, sane, economist wants to end either program. They simply want adequate funding for them. Reforming the programs, not "retiring" them.

Nor should the country be wasting time re-authorizing them every 5 years. How can you solve current problems when you keep re-litigating past problems. You're still re-litigating the Voting Rights Act and the Civil Rights Act 60 years after they were passed. You're re-litigating Roe v. Wade and have created a total mess with that one which will take a generation to sort out.

How can you deal with your current problems when you're still dealing with issues from the 1940's, 1950's and 1960's?????

 

[M14 Shooter]

Been paying into SS since 1985.
If you give me the choice, I'll take it all back - in an instant.
As such I will support anyone who will give me that choice.

 

[Dragonlady]

NO...NO...NO!!! Read the description of VCICA "Venture Capital Insurance Corporation of America"...
This would allow Americans to tell VCICA where to put the money either in dull, low interest savings or in high risk venture capital... but the principal is
protected for the American because the funds put into the venture investment would restrict the principal amount paid in AND would have a premium charged along with VCICA audits of the venture expenditures. But this would be the choice of the American. If the American wants only secured guaranteed interest or high risk great appreciation possibilities. This VCICA process would encourage venture capital thus grow start-up businesses.
Pence's plan was old fashioned and totally manipulated by the banking industry.
VCICA doesn't exist. There is a domain name but that's it. VCICA though could be a tremendous benefit to not only American members but to start-up ventures, existing IPOs, etc. as the restrictions would be totally based on the small investor.

So the government would become Wall Street????? That is where venture capital is being found today. Added to which, it EXPANDS government into a role that the private sector is firmly in control of, like heath care.

Aren't you the same people who blamed Fanny and Freddy for the 2008 housing collapse? And you want the government running the venture capital market.

How very hypocritical of you.

 

[gipper]

NO HE DOESN'T. That's the part you keep refusing to believe. No reasonable, sane, economist wants to end either program. They simply want adequate funding for them. Reforming the programs, not "retiring" them.

Nor should the country be wasting time re-authorizing them every 5 years. How can you solve current problems when you keep re-litigating past problems. You're still re-litigating the Voting Rights Act and the Civil Rights Act 60 years after they were passed. You're re-litigating Roe v. Wade and have created a total mess with that one which will take a generation to sort out.

How can you deal with your current problems when you're still dealing with issues from the 1940's, 1950's and 1960's?????

So you have chosen to ignore the multiple times dumb Joe has publicly stated he wants cuts made to SS.

CULTIST!!! Just like a devoted Trumper. Unmoved by facts.

 

[sealybobo]

NO...NO...NO!!! Read the description of VCICA "Venture Capital Insurance Corporation of America"...
This would allow Americans to tell VCICA where to put the money either in dull, low interest savings or in high risk venture capital... but the principal is
protected for the American because the funds put into the venture investment would restrict the principal amount paid in AND would have a premium charged along with VCICA audits of the venture expenditures. But this would be the choice of the American. If the American wants only secured guaranteed interest or high risk great appreciation possibilities. This VCICA process would encourage venture capital thus grow start-up businesses.
Pence's plan was old fashioned and totally manipulated by the banking industry.
VCICA doesn't exist. There is a domain name but that's it. VCICA though could be a tremendous benefit to not only American members but to start-up ventures, existing IPOs, etc. as the restrictions would be totally based on the small investor.

And it would be nice if your family gets what's left when you die.

 

[sealybobo]

So you have chosen to ignore the multiple times dumb Joe has publicly stated he wants cuts made to SS.

CULTIST!!! Just like a devoted Trumper. Unmoved by facts.

Well he has gone along with raising the retirement age. That's making cuts. To me, I'd rather you cut my ss payments than tell me I have to work another 2 years.

 

[gipper]

Well he has gone along with raising the retirement age. That's making cuts. To me, I'd rather you cut my ss payments than tell me I have to work another 2 years.

No. Not necessary. Cut the war budget by 80% and eliminate all the tax loopholes used by big corporations and billionaires. Problem solved.

Of course we know this won’t happen because our government is of, by, and for the rich.

 

[healthmyths]

And it would be nice if your family gets what's left when you die.

OH Absolutely! It is our payments plus our employer contribution so it DEFINITELY would be left to the beneficiaries of the holder.