Will Republicans end social security?

[John Edgar Slow Horses]

That's debatable, wamose. But it can easily be fixed if both parties will work together.

 

[Nostra]

Anyone have a body count of the number of old folks who have died since the Republicans took away their Social Security? Gotta be millions.

 

[sealybobo]

The attempt would probably be the end of the party, as we know it.

MAGA Republicans running for president not only have long records of fighting to cut Social Security and Medicare — they are actively campaigning on ending these programs as we know them.

“Former President Donald Trump once backed raising the retirement age to 70 and called for privatizing Social Security which he called a ‘Ponzi scheme’ – two positions he has hammered Florida Gov. Ron DeSantis for supporting as a former member of Congress and congressional candidate. … but a CNN KFile review found Trump himself also once praised Ryan on Medicare, along with the 2012 presidential nominee Mitt Romney, without praising their specific policy proposal, which called for similar changes to Ryan’s plan.”
CNN: “A CNN KFile review of comments from DeSantis’ 2012 congressional campaign found he repeatedly said he supported plans to replace Medicare with a system in which the government paid for partial costs of private plans or a traditional Medicare plan. In one interview with a local newspaper, DeSantis said he supported ‘the same thing’ for Social Security, citing the need for ‘market forces’ to restructure the program.”
Associated Press: “Republican presidential candidate Nikki Haley is proposing changes to entitlement programs for younger generations, opening the door to potential cuts to Social Security and Medicare if elected.”
Washington Post: “Other potential entrants in the Republican primary, such as former secretary of state Mike Pompeo, Sen. Tim Scott (S.C.) and South Dakota Gov. Kristi L. Noem, also voted for Ryan’s [proposal to cut and privatize Medicare] when they were in Congress.”
Christie: “We’re going to have to reduce Medicare benefits. We’re going to have to reduce Medicaid benefits. We’re going to have to raise the Social Security age. We’re going to have to do these things. We’re going to have to cut all types of other government programs that some people in this room might like.’”

The 2024 GOP field praised new House speaker MAGA Mike Johnson – a right-wing extremist who, as a member and former chair of the ultra-conservative Republican Study Committee, pushed proposals to slash Social Security and Medicare.

Republicans Are Campaigning on Ending Social Security and Medicare as We Know Them - Democrats

democrats.org

Just like people said, "Republicans will never try to ban abortion." Well, they're trying. One day they'll start making cuts to social security and medicare and you'll forgive them in 6 or 8 years.

 

[M14 Shooter]

MAGA Republicans running for president not only have long records of fighting to cut Social Security and Medicare — they are actively campaigning on ending these programs as we know them.

Good.

 

[initforme]

If anyone tries to cut social security the nation will go into massive chaos.

 

[Lesh]

Anyone have a body count of the number of old folks who have died since the Republicans took away their Social Security? Gotta be millions.

We all know that Republicans have not been successful in that endeavor YET

But as we have see with Roe and Dobbs… they keep trying and by voting for them you aid that effort

 

[sealybobo]

If anyone tries to cut social security the nation will go into massive chaos.

I think you'll survive a 20% cut to your benefits.

2. Why? They wouldn't do it to current seniors. They'd do it to people like me who are 10 years away from collecting.

3. One way to "save" the program is make me/you work 2 or 5 more years. You having to work 5 more years won't cause chaos to the nation.

 

[hadit]

I think you'll survive a 20% cut to your benefits.

2. Why? They wouldn't do it to current seniors. They'd do it to people like me who are 10 years away from collecting.

3. One way to "save" the program is make me/you work 2 or 5 more years. You having to work 5 more years won't cause chaos to the nation.

They have to do something and kicking the can down the road won't work, because the end of the road is visible. That means more years worked, higher taxes and maybe lower benefits. The alternative is massive new deficits and borrowing that can't be sustained forever.

 

[M14 Shooter]

We all know that Republicans have not been successful in that endeavor YET
But as we have see with Roe and Dobbs… they keep trying and by voting for them you aid that effort

Interesting.
I haven't seen any accusations (valid or otherwise) that the right-wing racist-fascists on the USSC will overturn Stewart Machine and/or Helvering.
Have any links?

 

[Dr.Know]

This is the same tired trick the Democrats have been using for 70 years;;;; They are coming for your Social Security to get votes

Meanwhile,,, The Republicans yell that they are Coming for your guns to get votes

Difference is, the Republicants are not coming for your SS BUT THE DEMOCRATS ARE COMING FOR THE GUNS.

 

[Lesh]

I think you'll survive a 20% cut to your benefits.

2. Why? They wouldn't do it to current seniors. They'd do it to people like me who are 10 years away from collecting.

3. One way to "save" the program is make me/you work 2 or 5 more years. You having to work 5 more years won't cause chaos to the nation.

A much better way to solve SS issues is to raise the cap.

Most people pay into SS on every dollar they make.

People making over $140K pay no money in on money made above that.

Eliminate that cap and there is no longer a problem

 

[M14 Shooter]

Difference is, the Republicants are not coming for your SS BUT THE DEMOCRATS ARE COMING FOR THE GUNS.

And they openly admit it.

 

[M14 Shooter]

A much better way to solve SS issues is to raise the cap.
Most people pay into SS on every dollar they make.

This just means the people who make over $140k will see an increase in their benefits.

 

[Lesh]

This is the same tired trick the Democrats have been using for 70 years;;;; They are coming for your Social Security to get votes

Meanwhile,,, The Republicans yell that they are Coming for your guns to get votes

Difference is, the Republicants are not coming for your SS BUT THE DEMOCRATS ARE COMING FOR THE GUNS.

Republicans said for decades that they would never over turn Roe… until they did.

They were supposedly always trying to “fix it”, like they’ll “fix” Social Security

 

[sealybobo]

They have to do something and kicking the can down the road won't work, because the end of the road is visible. That means more years worked, higher taxes and maybe lower benefits. The alternative is massive new deficits and borrowing that can't be sustained forever.

Boy we should have thought of that when Reagan, Bush and Trump passed their tax breaks to the rich huh?

Roll Back the Reagan Tax Cuts | Common Dreams

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

Reagan promptly cut income taxes on the very rich from 70% down to 27%. Corporate tax rates were also cut so severely that they went from representing over 33% of total federal tax receipts in 1951 to less than 9% in 1983 (they're still in that neighborhood, the lowest in the industrialized world).

The result was devastating. Our government was suddenly so badly awash in red ink that Reagan doubled the tax paid only by people earning less than $40,000/year (FICA), and then began borrowing from the huge surplus this new tax was accumulating in the Social Security Trust Fund.

 

[Dr.Know]

The USA will not be the same in 10 years and Soc Security will morph into a UBI that does not pay enough to live. People will have to pool their money and rent an apt with 10 others.

 

[hadit]

Boy we should have thought of that when Reagan, Bush and Trump passed their tax breaks to the rich huh?

You mean the tax cuts ALL taxpayers enjoyed? Because that's what they were.

Roll Back the Reagan Tax Cuts | Common Dreams

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

Reagan promptly cut income taxes on the very rich from 70% down to 27%. Corporate tax rates were also cut so severely that they went from representing over 33% of total federal tax receipts in 1951 to less than 9% in 1983 (they're still in that neighborhood, the lowest in the industrialized world).

The result was devastating. Our government was suddenly so badly awash in red ink that Reagan doubled the tax paid only by people earning less than $40,000/year (FICA), and then began borrowing from the huge surplus this new tax was accumulating in the Social Security Trust Fund.

Sure, let's roll back the tax cuts, as long as we restore ALL the deductions he took away too. It would be cool to deduct credit card interest payments again.

 

[Dr.Know]

Republicans said for decades that they would never over turn Roe… until they did.

They were supposedly always trying to “fix it”, like they’ll “fix” Social Security

Republicants in the Supreme court did over turn Roe but it really is a State Issue and you can still get an abortion. Personally, I think abortion is stupid because if a girl is going to sport fxck like a guy, just get sterilized.

 

[Orangecat]

Social Security will end by the burden of its own financial unsustainability, just like any other Ponzi scheme. Politicians monkeying around with the details can’t erase decades of their predecessors using the money as a slush fund when it should have been saved for the donors.

 

[M14 Shooter]

Reagan promptly cut income taxes on the very rich from 70% down to 27%.

Reagan cut taxes for everyone who paid taxes.
Very few people paid the top marginal rate.

Corporate tax rates were also cut so severely that they went from representing over 33% of total federal tax receipts in 1951 to less than 9% in 1983 (they're still in that neighborhood, the lowest in the industrialized world).

1951? How does that matter?
In 1962, it was 20.6%
In 1970, it was 17.0%
Looks to me like the % was well on its way down -long- before Reagan took office.
The -actual- numbers. The average since 1980 is 9.6%

FY	Total Rev	Corp. Rev	% total
1980	517.1	64.6	12.5
1981	599.3	61.1	10.2
1982	617.8	49.2	8.0
1983	600.6	37.0	6.2
1984	666.4	56.9	8.5
1985	734.0	61.3	8.4
1986	769.2	63.1	8.2
1987	854.3	83.9	9.8
1988	909.2	94.5	10.4
1989	991.1	103.3	10.4
1990	1032.0	93.5	9.1
1991	1055.0	98.1	9.3
1992	1091.2	100.3	9.2
1993	1154.3	117.5	10.2
1994	1258.6	140.4	11.2
1995	1351.8	157.0	11.6
1996	1453.1	171.8	11.8
1997	1579.2	182.3	11.5
1998	1721.7	188.7	11.0
1999	1827.5	184.7	10.1
2000	2025.2	207.3	10.2
2001	1991.1	151.1	7.6
2002	1853.1	148.0	8.0
2003	1782.3	131.8	7.4
2004	1880.1	189.4	10.1
2005	2153.6	278.3	12.9
2006	2406.9	353.9	14.7
2007	2568.0	370.2	14.4
2008	2524.0	304.3	12.1
2009	2105.0	138.2	6.6
2010	2162.7	191.4	8.9
2011	2303.5	181.1	7.9
2012	2450.0	242.3	9.9
2013	2775.1	273.5	9.9
2014	3021.5	320.7	10.6
2015	3249.9	343.8	10.6
2016	3268.0	299.6	9.2
2017	3316.2	297.0	9.0
2018	3329.9	204.7	6.1
2019	3463.4	230.2	6.6
2020	3421.2	211.8	6.2
2021	4047.1	371.8	9.2
2022	4896.1	424.9	8.7