|
![]() ![]() ![]() |
This topic is archived. |
Home » Discuss » General Discussion |
![]() |
Recursion
![]() |
Wed Jan-05-11 04:34 AM Original message |
Why people say Social Security is "going broke" |
Printer Friendly | Permalink | | Top |
eridani
![]() |
Wed Jan-05-11 05:35 AM Response to Original message |
1. The trust fund established for the boomers is SUPPOSED to be spent |
Printer Friendly | Permalink | | Top |
Recursion
![]() |
Wed Jan-05-11 05:54 AM Response to Reply #1 |
2. Well, ok... |
Printer Friendly | Permalink | | Top |
eridani
![]() |
Wed Jan-05-11 06:06 AM Response to Reply #2 |
4. Excuse me, but if a private company raids their pension fund, they have to put it back |
Printer Friendly | Permalink | | Top |
Recursion
![]() |
Wed Jan-05-11 06:52 AM Response to Reply #4 |
8. Because in that analogy, we're the private company |
Printer Friendly | Permalink | | Top |
eridani
![]() |
Wed Jan-05-11 09:01 PM Response to Reply #8 |
47. End the wars and tax the rich n/t |
Printer Friendly | Permalink | | Top |
Recursion
![]() |
Thu Jan-06-11 09:42 AM Response to Reply #47 |
48. That's the point |
Printer Friendly | Permalink | | Top |
Nuclear Unicorn
![]() |
Wed Jan-05-11 07:29 AM Response to Reply #4 |
16. At least the corporation could produce more/sell better |
Printer Friendly | Permalink | | Top |
Hannah Bell
![]() |
Wed Jan-05-11 06:27 AM Response to Reply #2 |
6. yes, & raising taxes on the top 2% back to clinton-era levels would pay it back nicely. |
Printer Friendly | Permalink | | Top |
Recursion
![]() |
Wed Jan-05-11 06:54 AM Response to Reply #6 |
9. Raising rates on the top 2% gives us I think 1.6 trillion over the same time period |
Printer Friendly | Permalink | | Top |
Hannah Bell
![]() |
Wed Jan-05-11 07:38 AM Response to Reply #9 |
22. That's absolute bullshit. Bush's cuts for the top 5% were half the cuts. |
Printer Friendly | Permalink | | Top |
MannyGoldstein
![]() |
Wed Jan-05-11 08:15 AM Response to Reply #9 |
33. Didn't Obama recent hostage situation cost $700 billion in gifts to the rich? |
Printer Friendly | Permalink | | Top |
Recursion
![]() |
Wed Jan-05-11 09:03 AM Response to Reply #33 |
36. Yes; the remainder of the tax cuts were something like 3 trillion |
Printer Friendly | Permalink | | Top |
sendero
![]() |
Wed Jan-05-11 06:00 AM Response to Original message |
3. I've been arguing this here ... |
Printer Friendly | Permalink | | Top |
Hannah Bell
![]() |
Wed Jan-05-11 06:27 AM Response to Reply #3 |
5. "we" spent it? it was spent on "us"? like hell we did, & like hell it was. |
Printer Friendly | Permalink | | Top |
sendero
![]() |
Wed Jan-05-11 06:30 AM Response to Reply #5 |
7. Bullshit.. |
Printer Friendly | Permalink | | Top |
Hannah Bell
![]() |
Wed Jan-05-11 07:23 AM Response to Reply #7 |
14. your claim was not that we elected them, but that "we" spent the money on "us". |
Printer Friendly | Permalink | | Top |
sendero
![]() |
Wed Jan-05-11 06:18 PM Response to Reply #14 |
45. Those.. |
Printer Friendly | Permalink | | Top |
Junkdrawer
![]() |
Wed Jan-05-11 07:10 AM Response to Reply #5 |
12. FICA taxes were a regressive tax on the poor designed to make up... |
Printer Friendly | Permalink | | Top |
Hannah Bell
![]() |
Wed Jan-05-11 07:26 AM Response to Reply #12 |
15. No, FICA tax hikes about the amount needed to fund benefits were. |
Printer Friendly | Permalink | | Top |
Junkdrawer
![]() |
Wed Jan-05-11 07:30 AM Response to Reply #15 |
18. I should have been more clear. I was referring to raising income & cap gains rates... |
Printer Friendly | Permalink | | Top |
Hannah Bell
![]() |
Wed Jan-05-11 07:31 AM Response to Reply #18 |
19. i thought so, but wasn't sure. so just clarifying. |
Printer Friendly | Permalink | | Top |
upi402
![]() |
Wed Jan-05-11 06:57 AM Response to Original message |
10. End the FICA cap for the rich, and no worries |
Printer Friendly | Permalink | | Top |
Recursion
![]() |
Wed Jan-05-11 07:05 AM Response to Reply #10 |
11. That's certainly an option |
Printer Friendly | Permalink | | Top |
Hannah Bell
![]() |
Wed Jan-05-11 07:30 AM Response to Reply #10 |
17. The rich don't pay FICA. Neither Bill Gates nor Warren Buffet, for example, collect wages. |
Printer Friendly | Permalink | | Top |
upi402
![]() |
Wed Jan-05-11 07:50 AM Response to Reply #17 |
26. to me $168K a year is rich |
Printer Friendly | Permalink | | Top |
Hannah Bell
![]() |
Wed Jan-05-11 07:55 AM Response to Reply #26 |
29. Gates & Buffet don't pay shit in taxes. They can *say* whatever they like; it;s |
Printer Friendly | Permalink | | Top |
MannyGoldstein
![]() |
Wed Jan-05-11 07:18 AM Response to Original message |
13. Social Security does not add to the debt. Tax cuts for the wealthiest does. |
Printer Friendly | Permalink | | Top |
Hannah Bell
![]() |
Wed Jan-05-11 07:32 AM Response to Reply #13 |
20. Especially when some of those payments to "China" aren't even really to China. |
Printer Friendly | Permalink | | Top |
MannyGoldstein
![]() |
Wed Jan-05-11 07:39 AM Response to Reply #20 |
23. Good point - I never even realized that |
Printer Friendly | Permalink | | Top |
Recursion
![]() |
Wed Jan-05-11 07:33 AM Response to Reply #13 |
21. I said "deficit", not "debt" |
Printer Friendly | Permalink | | Top |
Junkdrawer
![]() |
Wed Jan-05-11 07:39 AM Response to Reply #21 |
24. Yeah. No one could have anticipated that we would have to pay back those funds.... |
Printer Friendly | Permalink | | Top |
MannyGoldstein
![]() |
Wed Jan-05-11 07:47 AM Response to Reply #21 |
25. Perhaps I misunderstood, but you seem to feel that Social Security has a problem |
Printer Friendly | Permalink | | Top |
Recursion
![]() |
Wed Jan-05-11 08:00 AM Response to Reply #25 |
30. *we* have the problem |
Printer Friendly | Permalink | | Top |
MannyGoldstein
![]() |
Wed Jan-05-11 08:13 AM Response to Reply #30 |
32. There's two 'we's here |
Printer Friendly | Permalink | | Top |
Recursion
![]() |
Wed Jan-05-11 09:07 AM Response to Reply #32 |
38. When have we *not* had a reason to restore taxes on the wealthiest? |
Printer Friendly | Permalink | | Top |
Hannah Bell
![]() |
Wed Jan-05-11 08:21 AM Response to Reply #30 |
34. "we" have not been consulted. i don't know why you;re acting like "we" are running |
Printer Friendly | Permalink | | Top |
jtown1123
![]() |
Wed Jan-05-11 09:08 AM Response to Reply #25 |
39. This is exactly my sentiment. It's not SS's problem. It's the Fed's. They borrowed, they have to pay |
Printer Friendly | Permalink | | Top |
Recursion
![]() |
Wed Jan-05-11 09:10 AM Response to Reply #39 |
42. How are the Feds supposed to get this money? |
Printer Friendly | Permalink | | Top |
Hannah Bell
![]() |
Wed Jan-05-11 07:50 AM Response to Reply #21 |
27. Um, the money was collected from citizens by the government. It will be paid out |
Printer Friendly | Permalink | | Top |
alc
![]() |
Wed Jan-05-11 07:53 AM Response to Reply #21 |
28. what does "pay back" mean? |
Printer Friendly | Permalink | | Top |
mmonk
![]() |
Wed Jan-05-11 08:11 AM Response to Reply #28 |
31. They are not special except that they are held in trust. |
Printer Friendly | Permalink | | Top |
Hannah Bell
![]() |
Wed Jan-05-11 08:23 AM Response to Reply #28 |
35. social security website has any piece of information you could ask for about ss |
Printer Friendly | Permalink | | Top |
jtown1123
![]() |
Wed Jan-05-11 09:07 AM Response to Original message |
37. No, WE don't have to pay it back. It's up to the gov't to decide where the money comes from. |
Printer Friendly | Permalink | | Top |
Recursion
![]() |
Wed Jan-05-11 09:09 AM Response to Reply #37 |
40. "We" are where the government gets its money |
Printer Friendly | Permalink | | Top |
jtown1123
![]() |
Wed Jan-05-11 09:09 AM Response to Original message |
41. Also, our government cannot go broke. It is not a household. We have the money to pay for everything |
Printer Friendly | Permalink | | Top |
Recursion
![]() |
Wed Jan-05-11 09:11 AM Response to Reply #41 |
43. Well, no, we certainly can go broke |
Printer Friendly | Permalink | | Top |
Hannah Bell
![]() |
Wed Jan-05-11 02:28 PM Response to Reply #43 |
44. the main time is after utter defeat in war |
Printer Friendly | Permalink | | Top |
librechik
![]() |
Wed Jan-05-11 06:19 PM Response to Original message |
46. they're just trying to blame the Boomers for everything |
Printer Friendly | Permalink | | Top |
DU
AdBot (1000+ posts) ![]() ![]() ![]() ![]() |
Sat Sep 07th 2024, 07:49 PM Response to Original message |
Advertisements [?] |
Top |
Home » Discuss » General Discussion |
![]() |
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.
Home | Discussion Forums | Journals | Store | Donate
About DU | Contact Us | Privacy Policy
Got a message for Democratic Underground? Click here to send us a message.
© 2001 - 2011 Democratic Underground, LLC