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Well isn't this something...Paul Ryan paid for a big share of his

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INdemo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 08:45 AM
Original message
Well isn't this something...Paul Ryan paid for a big share of his
Edited on Sun Sep-11-11 09:31 AM by INdemo
college education with Social Security benifits..and now Ryan wants to destroy those benefits..What a hypocrite



Ryan attended Joseph A. Craig High School in Janesville and was sixteen years old when he found his father in bed, dead of a heart attack at age 55. Ryan's grandfather had also died of a heart attack at age 57, as had his great-grandfather also similarly died of a heart attack at age 59.<10> Ryan began collecting his Social Security survivor's benefits until age eighteen, which he saved for college tuition and expenses.<11>

http://en.wikipedia.org/wiki/Paul_Ryan

http://www.rawstory.com/rs/2011/04/20/paul-ryan-already-benefitted-from-the-social-security-fund-he-now-wants-to-gut/
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tularetom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 08:59 AM
Response to Original message
1. And how old is Ryan right now?
Maybe he won't be around long enough to fuck up SS. There seems to be a family history.
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WhiteTara Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 09:46 AM
Response to Reply #1
8. He doesn't look to be in his 50s yet. n/t
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starroute Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 09:49 AM
Response to Reply #1
10. Ryan was born in 1970
So by and yardstick, we're stuck with him for now.

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notadmblnd Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 09:00 AM
Response to Original message
2. That is special
Especially since I received a letter from SS when my son turned 18. It told me that if I had any money saved or unspent for my son, that I had to return it to Social Security. It didn't say that it could be spent for college instead.
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Cool Logic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 09:08 AM
Response to Original message
3. Neither his father or grandfather lived long enough to collect SS...
Edited on Sun Sep-11-11 09:13 AM by Cool Logic
And the history of heart attacks in his bloodline might indicate that Ryan received all of his SS benefits during his college years.

Come to think of it, SS was supposed to work that way. For when it was initiated in the 1935, life expectancy was 58 for men and 62 for women, which meant that the majority of Americans would never recieve their Social Security benefits.



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starroute Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 09:47 AM
Response to Reply #3
9. Those low figures were life expectancy at birth
But that was an era when there was still no vaccination against childhood diseases, which brought down the averages. If you survived long enough to enter the work force, and were healthy enough to work, your life expectancy was considerably better.

http://www.ssa.gov/history/lifeexpect.html

Life expectancy at birth in 1930 was indeed only 58 for men and 62 for women, and the retirement age was 65. But life expectancy at birth in the early decades of the 20th century was low due mainly to high infant mortality, and someone who died as a child would never have worked and paid into Social Security. A more appropriate measure is probably life expectancy after attainment of adulthood.

As Table 1 shows, the majority of Americans who made it to adulthood could expect to live to 65, and those who did live to 65 could look forward to collecting benefits for many years into the future. So we can observe that for men, for example, almost 54% of the them could expect to live to age 65 if they survived to age 21, and men who attained age 65 could expect to collect Social Security benefits for almost 13 years (and the numbers are even higher for women).

Also, it should be noted that there were already 7.8 million Americans age 65 or older in 1935 (cf. Table 2), so there was a large and growing population of people who could receive Social Security. Indeed, the actuarial estimates used by the Committee on Economic Security (CES) in designing the Social Security program projected that there would be 8.3 million Americans age 65 or older by 1940 (when monthly benefits started). So Social Security was not designed in such a way that few people would collect the benefits.

As Table 1 indicates, the average life expectancy at age 65 (i.e., the number of years a person could be expected to receive unreduced Social Security retirement benefits) has increased a modest 5 years (on average) since 1940. So, for example, men attaining 65 in 1990 can expect to live for 15.3 years compared to 12.7 years for men attaining 65 back in 1940.

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UTUSN Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 09:22 AM
Response to Original message
4. K&R #7 n/t
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Yon_Yonson Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 09:40 AM
Response to Original message
5. The NEOCON SLUG was born Paul January 29, 1970
which makes him almost 42 and he has plenty of time to fuck us all!
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INdemo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 09:43 AM
Response to Reply #5
7. Does the Democratic challenger have a chance of
defeating this guy with the millions of corporate money Ryan has?
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Yon_Yonson Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 10:16 AM
Response to Reply #7
11. The scuttlebutt is that ROB ZERBAN has but I am bitting my lower lip in doubt
He is not well known and it's his first bid for public office.
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rustydog Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-11 09:42 AM
Response to Original message
6. Typical Republican: I got mine...fuck you.
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