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I'm worried the Biden administration is going to cook the numbers more than usual to limit the COLA increase.
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Quoted: The average person on SS right now, and since it's inception, has received more payouts than they paid in. This will soon shift to the average person going on SS paying in more that they will receive. So, pretty much everyone on SS at this time has been stealing. View Quote |
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Quoted: They are already lowering the estimates. Don't count your chickens before they hatch. View Quote still with current inflation who knows: Inflation in July, August, and September 2022 will determine the COLA that Social Security and SSI beneficiaries will receive next year. The COLA takes effect in December, and the updated benefits are paid out starting in January 2023. If the COLA does land at 10% or more, it will be the third-highest increase since COLAs began in 1975. The highest and second-highest COLAs were 14.3% in 1980 and 11.2% in 1981[CB3]. Pretty amazing if it does pass, this and last years COLA bump is the same amount as my monthly mortgage payment. My last new truck purchase as in 1994, If this goes through I think I will buy a new truck. |
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Dang. My lavish, 100% funded liability, one small cola in the past 13 years, police pension ain't looking so good compared to social security. Congrats I guess.
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Quoted: Dang. My lavish, 100% funded liability, one small cola in the past 13 years, police pension ain't looking so good compared to social security. Congrats I guess. View Quote Hey, a pension of any kind is great these days. No matter who you are, there's always somebody with a better deal. @soonerfan7 |
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Quoted: The SS reserve fund actually got better. They had projected it would run out in 2034 but now say 2035. Source View Quote Fuck |
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Quoted: The SS reserve fund actually got better. They had projected it would run out in 2034 but now say 2035. Source View Quote Hopefully all the countries we’ve sent billions and billions of dollars to, for years and years, will help us out! |
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Let us not forget, some States do not require you to pay income tax on this. Those who saved and invested, "no soup for you".
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Quoted: Because the entitled boomers would stroke out when their minds divide by zero… unable to figure out how to call you a snowflake while simultaneously advocating socialist policies. View Quote Ponzi schemes don’t require forced participation. The problem with social security lies with the government, not with the participants. Unless you are in some select group, you are participating in the same “socialist policy.” |
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Quoted: Promised welfare is still welfare. My point is that the idea that SS is some sort of return on an investment is pure fantasy not supported by mathematical fact. View Quote Hey boomer hater, you forgot the part where he mentioned paying for his SS benifit for 50 years. That's a lot different than welfare. |
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Quoted: So retired boomers got scared of the flu and demanded that the government shut down the economy, they then refinanced their mortgages at record-low interest rates and went on a spending spree, and now they're getting a 10% raise View Quote If you substituted lazy Melinials for retired boomers you would be correct. |
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Quoted: If you substituted lazy Melinials for retired boomers you would be correct. View Quote View All Quotes View All Quotes Quoted: Quoted: So retired boomers got scared of the flu and demanded that the government shut down the economy, they then refinanced their mortgages at record-low interest rates and went on a spending spree, and now they're getting a 10% raise If you substituted lazy Melinials for retired boomers you would be correct. Lol…. |
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Go to work for the railroads, some of the fire depts, public schools, police depts, etc. then you won't pay into SS. Then do like some people who claim SS is a "boomer" entitlement and draw off their spouse's SS after they retire feeling superior and smug all the way. Win Win all the way... get the money and get to claim "I didn't participate in that boomer scam", look how pure I am!
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The really sad thing that many don't even grasp is that IF the crooked politicians had INVESTED the SS funds instead of stealing it for other purposes, Social Security would have been solvent for many years to come.
And fuck all of you calling it welfare when I was FORCED to give 15% of my earnings (self employed) to S/S for 45 years of my life. |
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Quoted: Why wouldn't younger people want a piece of the pie? They are paying taxes that are being distributed to other people. SS should be abolished or we should all receive SS. "But we can't afford that," you say. Well, we already can't afford it and you have no problem with it. Why not crank up the deficit spending another notch? Let's have student loan forgiveness, UBI, etc. What's good for the goose... View Quote You are partially correct. Everybody that pays in receives SS. |
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Quoted: You are partially correct. Everybody that pays in receives SS. View Quote View All Quotes View All Quotes Quoted: Quoted: Why wouldn't younger people want a piece of the pie? They are paying taxes that are being distributed to other people. SS should be abolished or we should all receive SS. "But we can't afford that," you say. Well, we already can't afford it and you have no problem with it. Why not crank up the deficit spending another notch? Let's have student loan forgiveness, UBI, etc. What's good for the goose... You are partially correct. Everybody that pays in receives SS. The people that are going to pay for your SS, are your grand kids and great grandkids. Boomers still think we pay for stuff with taxes. Hilarious. We pay for shit with inflation. |
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Quoted: So retired boomers got scared of the flu and demanded that the government shut down the economy, they then refinanced their mortgages at record-low interest rates and went on a spending spree, and now they're getting a 10% raise View Quote Oh, heck yes, bought a big farm with a big bottom along a river, an airplane, two new vehicles and a side by side, and added a runway and long rifle range on the farm. Mmmmm, Mmmmm, Mmmmm ... |
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Quoted: The people that are going to pay for your SS, are your grand kids and great grandkids. Boomers still think we pay for stuff with taxes. Hilarious. We pay for shit with inflation. View Quote Sorry pal, I dont have kids and I paid for my own SS. Me and my employer have paid the max on my behalf for the last 25 years. You may not like it but your opinion dont mean shit to me and that's all it is , your opinion. I watch you shit on the boomers in practically every thread you post in . Get a life. I haven't started drawing the benefit that I paid for but when I'm eligible in the near future I damn sure will and every time I cash the check I'll think of you and smile. OBTW, did you take any stimmy money, child tax credits, student loan forgiveness, unemployment benefits ? If you did maybe you can invest that to cover your grandkids because they ain't my responsibility and neither are you. |
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Quoted: Sorry pal, I dont have kids and I paid for my own SS. Me and my employer have paid the max on my behalf for the last 25 years. You may not like it but your opinion dont mean shit to me and that's all it is , your opinion. I watch you shit on the boomers in practically every thread you post in . Get a life. I haven't started drawing the benefit that I paid for but when I'm eligible in the near future I damn sure will and every time I cash the check I'll think of you and smile. OBTW, did you take any stimmy money, child tax credits, student loan forgiveness, unemployment benefits ? If you did maybe you can invest that to cover your grandkids because they ain't my responsibility and neither are you. View Quote View All Quotes View All Quotes Quoted: Quoted: The people that are going to pay for your SS, are your grand kids and great grandkids. Boomers still think we pay for stuff with taxes. Hilarious. We pay for shit with inflation. Sorry pal, I dont have kids and I paid for my own SS. Me and my employer have paid the max on my behalf for the last 25 years. You may not like it but your opinion dont mean shit to me and that's all it is , your opinion. I watch you shit on the boomers in practically every thread you post in . Get a life. I haven't started drawing the benefit that I paid for but when I'm eligible in the near future I damn sure will and every time I cash the check I'll think of you and smile. OBTW, did you take any stimmy money, child tax credits, student loan forgiveness, unemployment benefits ? If you did maybe you can invest that to cover your grandkids because they ain't my responsibility and neither are you. Sorry you cant wrap your brain around basic math. Ill revise my original statement. Other peoples kids and grandkids are going to pay for your SS benefits. Think about them instead. |
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Quoted: It doesn't matter anymore. I decided years ago since no one in the federal, state and local governments have no control over their spending. I'm going to take every dollar I can from those entities since I've been supporting this shit show for decades. I have absolutely no problem taking their money and sitting here at a beach bar and blowing it on beer and liquor. View Quote Because you LOVE FREE MONEY! It’s the basest form of human nature, but the most reliable. Here, the welfare class doesn’t bother with twisted rationalizations. Chapter Jackson - It's Free Swipe Yo EBT (Explicit) |
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Quoted: Sorry you cant wrap your brain around basic math. Ill revise my original statement. Other peoples kids and grandkids are going to pay for your SS benefits. Think about them instead. View Quote Sure as fuck cant wrap my head around any of ur posts boomer hater. I repeat, I paid for my own fucking SS benifits. Your and other people's kids are not my problem or my responsibility. My advice, Save and invest ur stimmy money for your kids or better yet give em ur SS when you get it. Their your progeny not mine . |
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Quoted: Sure as fuck cant wrap my head around any of ur posts boomer hater. I repeat, I paid for my own fucking SS benifits. Your and other people's kids are not my problem or my responsibility. My advice, Save and invest ur stimmy money for your kids or better yet give em ur SS when you get it. Their your progeny not mine . View Quote View All Quotes View All Quotes Quoted: Quoted: Sorry you cant wrap your brain around basic math. Ill revise my original statement. Other peoples kids and grandkids are going to pay for your SS benefits. Think about them instead. Sure as fuck cant wrap my head around any of ur posts boomer hater. I repeat, I paid for my own fucking SS benifits. Your and other people's kids are not my problem or my responsibility. My advice, Save and invest ur stimmy money for your kids or better yet give em ur SS when you get it. Their your progeny not mine . No. You didnt pay for any of it. Thats the whole point. It was and has been continuously been paid for by inflating the currency at the expense of future generations. You actually think shit is paid for with taxes??? Lololol. Ss is stimmy checks but on steroids. |
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Quoted: No. You didnt pay for any of it. Thats the whole point. It was and has been continuously been paid for by inflating the currency at the expense of future generations. You actually think shit is paid for with taxes??? Lololol. Ss is stimmy checks but on steroids. View Quote I paid for all of mine and then some. No comment on you taking any benefits ? That's telling. One things for sure when you qualify, you'll a accept your payments without thinking about anybody else's grand kids. Go find another boomer to shit on, I'm done with ur nonsense |
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Quoted: I paid for all of mine and then some. No comment on you taking any benefits ? That's telling. One things for sure when you qualify, you'll a accept your payments without thinking about anybody else's grand kids. Go find another boomer to shit on, I'm done with ur nonsense View Quote View All Quotes View All Quotes Quoted: Quoted: No. You didnt pay for any of it. Thats the whole point. It was and has been continuously been paid for by inflating the currency at the expense of future generations. You actually think shit is paid for with taxes??? Lololol. Ss is stimmy checks but on steroids. I paid for all of mine and then some. No comment on you taking any benefits ? That's telling. One things for sure when you qualify, you'll a accept your payments without thinking about anybody else's grand kids. Go find another boomer to shit on, I'm done with ur nonsense If people paid for it outright we wouldnt be talking about 11% cost of living adjustments. The whole point of this thread is someone’s picking up that slack, and it isn’t people drawing the entitlement |
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Quoted: Remind me how you can't see the difference between welfare and payments promised from a life time of withheld taxes. View Quote View All Quotes View All Quotes Quoted: Quoted: Reminded me again how it isn't a welfare program secured by paying in a nominal deposit? Remind me how you can't see the difference between welfare and payments promised from a life time of withheld taxes. |
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Quoted: So retired boomers got scared of the flu and demanded that the government shut down the economy, they then refinanced their mortgages at record-low interest rates and went on a spending spree, and now they're getting a 10% raise View Quote Hopefully, maybe when you're older, you'll be a bit wiser. This comment is especially egregious in its ignorance. Poster is confusing boomers with libtards. Engage brain before spewing; it can be really helpful in some cases. |
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Quoted: I am a boomer. I don't know anyone who wanted the economy shutdown. Assuming we get a 10% COLA, it doesn't make up for all the years we're we got little or nothing. Get over the idea that SS is in any way responsible for any financial problems people have. None of the retired people I know have a mortgage on their primary residence. The only reasons I can think of for getting a mortgage is to move or because they need money to pay bills. View Quote View All Quotes View All Quotes Quoted: Quoted: So retired boomers got scared of the flu and demanded that the government shut down the economy, they then refinanced their mortgages at record-low interest rates and went on a spending spree, and now they're getting a 10% raise I am a boomer. I don't know anyone who wanted the economy shutdown. Assuming we get a 10% COLA, it doesn't make up for all the years we're we got little or nothing. Get over the idea that SS is in any way responsible for any financial problems people have. None of the retired people I know have a mortgage on their primary residence. The only reasons I can think of for getting a mortgage is to move or because they need money to pay bills. As my Dad used to say, don't try to argue with a fool - a bystander won't be able to tell the difference. This troll is either just trying to annoy people with his ignorant statements, or he's truly that ignorant. Either way, you can't fix stupid. Sometimes you can fix ignorant, but the ignorant has to first recognize their ignorance, and that takes more than most can muster. |
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Quoted: Not sure why you would even entertain that moronic of a post with a serious response. View Quote |
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Quoted: Sure as fuck cant wrap my head around any of ur posts boomer hater. I repeat, I paid for my own fucking SS benifits. Your and other people's kids are not my problem or my responsibility. My advice, Save and invest ur stimmy money for your kids or better yet give em ur SS when you get it. Their your progeny not mine . View Quote View All Quotes View All Quotes Quoted: Quoted: Sorry you cant wrap your brain around basic math. Ill revise my original statement. Other peoples kids and grandkids are going to pay for your SS benefits. Think about them instead. Sure as fuck cant wrap my head around any of ur posts boomer hater. I repeat, I paid for my own fucking SS benifits. Your and other people's kids are not my problem or my responsibility. My advice, Save and invest ur stimmy money for your kids or better yet give em ur SS when you get it. Their your progeny not mine . |
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Quoted: Sure as fuck cant wrap my head around any of ur posts boomer hater. I repeat, I paid for my own fucking SS benifits. Your and other people's kids are not my problem or my responsibility. My advice, Save and invest ur stimmy money for your kids or better yet give em ur SS when you get it. Their your progeny not mine . View Quote Let’s play a game. Can you name the person or entity who pays for your monthly benefit after the funds you and your employer paid in are exhausted? Hint: it’s not interest. Granted you have to live long enough. In my case, I think it’s about 3 or 4 years if I went on ssi today before I get back everything that’s been put in in my name. |
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Quoted: Sorry pal, I dont have kids and I paid for my own SS. Me and my employer have paid the max on my behalf for the last 25 years. You may not like it but your opinion dont mean shit to me and that's all it is , your opinion. I watch you shit on the boomers in practically every thread you post in . Get a life. I haven't started drawing the benefit that I paid for but when I'm eligible in the near future I damn sure will and every time I cash the check I'll think of you and smile. OBTW, did you take any stimmy money, child tax credits, student loan forgiveness, unemployment benefits ? If you did maybe you can invest that to cover your grandkids because they ain't my responsibility and neither are you. View Quote View All Quotes View All Quotes Quoted: Quoted: The people that are going to pay for your SS, are your grand kids and great grandkids. Boomers still think we pay for stuff with taxes. Hilarious. We pay for shit with inflation. Sorry pal, I dont have kids and I paid for my own SS. Me and my employer have paid the max on my behalf for the last 25 years. You may not like it but your opinion dont mean shit to me and that's all it is , your opinion. I watch you shit on the boomers in practically every thread you post in . Get a life. I haven't started drawing the benefit that I paid for but when I'm eligible in the near future I damn sure will and every time I cash the check I'll think of you and smile. OBTW, did you take any stimmy money, child tax credits, student loan forgiveness, unemployment benefits ? If you did maybe you can invest that to cover your grandkids because they ain't my responsibility and neither are you. Peak boomer. |
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Quoted: I do not consider over 50 years of paying nearly half my gross income into SS & Medicare to be a "nominal deposit"! View Quote View All Quotes View All Quotes Quoted: Quoted: Reminded me again how it isn't a welfare program secured by paying in a nominal deposit? We know math isn’t your strong suit. |
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View Quote You are the very definition of troll. Multiple threads...always the same old blubbering story. Somebody fucked you didn't they? lol...so bitter. |
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All I want to add is keep paying into the fund for my SSDI. Give me all the monies.
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