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Link Posted: 10/9/2020 8:36:26 PM EDT
[#1]
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Quoted:

She’s not an outlier.  She was the first case and our SS system is full of people like her. I see young people milking the SSDI system on a daily basis.
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SSDI is a whole 'nother can of worms.

It's become a corporate welfare scheme for long term disability insurance/pensions.  50% of my "privately paid" disability pension is funded by SSDI.  
Link Posted: 10/9/2020 8:37:24 PM EDT
[#2]
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Being allowed to keep your money and invest it yourself as seems best to you is "Idiotic" "outlandish" and "libertarian."

Huh.

You're basically the new soviet man.   You're stuck on mommy government's tit and don't even realize you could do better for yourself looking after your own affairs.  So you lash out at anyone who threatens that comfort and security.   Never mind the math.  Never mind alternatives.  It just works.  It's "proven."  No need to think... just take what you're given like a good little tax slave and be grateful they let you keep as much as they do.  Big brother will take care of you... so long as you take care of Big Brother and fight the enemies of the revolution any time they dare show their face.  Evil kulaks and libertarians are everywhere!

Fucking pathetic.
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I do not know which is more delirious, your "free trade" fantasies, or your make believe world where taxation and government do not exist and financial "magic carpet rides" are the norm.

Only one thing is certain, the government can never take away your Libertarian delusions.



Link Posted: 10/9/2020 8:42:09 PM EDT
[#3]
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Quoted:
Just look at your SS check as a stimulus for the economy, especially when you buy a RV or new truck.

Its like a stimulus check for the banks or vacation businesses


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Do you feel like those stimulus plans are more important and more efficient than giving new starting families their 15.3% percent in wages back?
Link Posted: 10/9/2020 8:47:04 PM EDT
[#4]
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Quoted:


I do not know which is more delirious, your "free trade" fantasies, or your make believe world where taxation and government do not exist and financial "magic carpet rides" are the norm.

Only one thing is certain, the government can never take away your Libertarian delusions.



View Quote



You're literally pitching a fit at me for saying I think you should be allowed to keep more of your own money.   For saying that YOU and not the government are a better steward of your own earnings.  

That is what you're calling a delirious "free trade" fantasy.  

Do you have a framed picture of Franklin D. Roosevelt on your wall or something?  

How do you feel about socialized medicine?   Should we get you a picture of Obama to hang next to your Roosevelt portrait?
Link Posted: 10/9/2020 9:10:09 PM EDT
[#5]
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Quoted:
At this point, I'm starting to think it's best to help Millenials/zoomers understand that socialism is theft by more direct experience.  Maybe I'll just go ahead and take the money they say they want me to have.  Idiots.
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Hold up men always think it will go better for them than it usually does.
Link Posted: 10/9/2020 9:19:39 PM EDT
[#6]
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Quoted:


Meaning no disrespect to your father, but how is it that a man who missed the mark on the "when" for social security's collapse - who has undoubtedly received more money from the SSA than what he paid into the system - evidence in your mind of a rock solid government retirement system?   Furthermore, why is it that the validation for social security rests squarely on the uninterrupted ability to receive an SSA check while eliding the massive amount of debt incurred to support said program, the collapse in the number of workers required to make paycheck contributions per every retiree, or open discussions by politicians supportive of social security looking to raise the retirement age and/or cut benefits?  Eventually, you run out of variables to tweak, accounting gimmicks to employ, or playing field to reposition the goalposts.

That people have missed the mark on the "when" does not change the reality of the "if".
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I think history is our best example.

For example, Germany was the first to introduce Soc Sec.  (1889)

Afterwards, they were defeated in WW1 and suffered another total defeat along with Soviet occupation after WW2.

Yet, despite these "rough spots", the concept of Social Security still exists over there.

I wonder how  "investments", made by some silly "investment calculator" would have fared over the same time frame in Germany. You can examine Russia, Japan, China, along with many, many other countries and see  similar, complete, financial wipeouts.

Yea, a 15% FICA tax on your paycheck is a hell of a lot of tax to pay.

What to do?

How about you start a business and don't draw much salary. Instead, use the excess cash flow from the business to acquire depreciable assets which appreciate in value (hint: RE and airplanes...among many).

I've never heard that strategy advocated by Libertarian, "magic carpet ride", think tanks.
Link Posted: 10/9/2020 9:21:38 PM EDT
[#7]
I'm 34. If every penny that has been taken from me at this point had instead been put into an index fund since I was 18, I imagine I'd be well on my way to to super early retirement and permanent financial security. But nope, government knows best
Link Posted: 10/9/2020 9:29:04 PM EDT
[#8]
Oh, it’s something you pay into, but what you can receive isn’t limited by those payments.
Link Posted: 10/9/2020 9:29:26 PM EDT
[#9]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I think history is our best example.

For example, Germany was the first to introduce Soc Sec.  (1889)

Afterwards, they were defeated in WW1 and suffered another total defeat along with Soviet occupation after WW2.

Yet, despite these "rough spots", the concept of Social Security still exists over there.

I wonder how  "investments", made by some silly "investment calculator" would have fared over the same time frame in Germany. You can examine Russia, Japan, China, along with many, many other countries and see  similar, complete, financial wipeouts.

Yea, a 15% FICA tax on your paycheck is a hell of a lot of tax to pay.

What to do?

How about you start a business and don't draw much salary. Instead, use the excess cash flow from the business to acquire depreciable assets which appreciate in value (hint: RE and airplanes...among many).

I've never heard that strategy advocated by Libertarian, "magic carpet ride", think tanks.
View Quote



"Social security is great because Germany does it and they got stomped in two world wars."

lol, ok boomer
Link Posted: 10/9/2020 9:42:05 PM EDT
[#10]
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Quoted:

You're literally pitching a fit at me for saying I think you should be allowed to keep more of your own money.   For saying that YOU and not the government are a better steward of your own earnings.  

That is what you're calling a delirious "free trade" fantasy.  

Do you have a framed picture of Franklin D. Roosevelt on your wall or something?  

How do you feel about socialized medicine?   Should we get you a picture of Obama to hang next to your Roosevelt portrait?
View Quote


Please do. I will hang it right below Hong Xiuquan's. Lol.

Rest easy. The government, which you so detest and fear, cannot take your dreams away.

That is the job of reality.
Link Posted: 10/9/2020 9:42:33 PM EDT
[#11]
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Quoted:


An "investment calulator" (aka "fantasy land") versus a proven 90 year historical track record?

I suppose the former would be more attractive to the young and naive.

When you get a little older, maybe you'll realize how idiotic and outlandish some of the Libertarian positions you advocate actually are.
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Quoted:

Go plug your SS tax contributions into an investment calculator sometime.   Your statement is... laughably false.

You know what would be better than Social Security?  Nothing.  Literally.  No system at all would be immensely better.  And its pathetically easy to show people that with the online investment calculators available these days.


An "investment calulator" (aka "fantasy land") versus a proven 90 year historical track record?

I suppose the former would be more attractive to the young and naive.

When you get a little older, maybe you'll realize how idiotic and outlandish some of the Libertarian positions you advocate actually are.

What 90 year track record are you taking about. The one where the national debt exceeds $27 trillion? The one where beneficiaries are paid via holding a gun to taxpayers heads?  Sure, my retirement would look rosy with those opportunities.
Link Posted: 10/9/2020 9:51:17 PM EDT
[#12]
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Quoted:
"Social security is great because Germany does it and they got stomped in two world wars."
lol, ok boomer
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Why don't you run your "investment calculator" over the same time frame, in the same country, and get back to us.

Link Posted: 10/9/2020 9:59:42 PM EDT
[#13]
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Quoted:

What 90 year track record are you taking about. The one where the national debt exceeds $27 trillion? The one where beneficiaries are paid via holding a gun to taxpayers heads?  Sure, my retirement would look rosy with those opportunities.
View Quote


The FICA tax was enacted in 1935.

My bad, its only been on the books for 85 years.

As for the debt, I would like to see an audit/appraisal of the assets of the US government.
Link Posted: 10/9/2020 10:09:51 PM EDT
[#14]
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Quoted:


Why don't you run your "investment calculator" over the same time frame, in the same country, and get back to us.

View Quote


From 1935 to now?  In the USA?   You're absolutely better off having invested that same amount taken out of your paycheck into something barebones conservative like an index fund.   "The stock market" has averaged an annual return of over 9% for far longer than that.  

The average taxpayer is never going to even get the principle back in SS payout.  Much less an increase of any amount.

https://www.capitalgroup.com/individual/planning/tools/investment-calculator-results.htm

$750 per month for 30 years with $0 initial, invested every month as if it were taxes taken out of a paycheck.  Making 9% on average with profits reinvested back into the same historically average index fund.

That comes to $270k invested and a total final value of $1.285 million
Link Posted: 10/9/2020 10:13:38 PM EDT
[#15]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I think history is our best example.

For example, Germany was the first to introduce Soc Sec.  (1889)

Afterwards, they were defeated in WW1 and suffered another total defeat along with Soviet occupation after WW2.

Yet, despite these "rough spots", the concept of Social Security still exists over there.

I wonder how  "investments", made by some silly "investment calculator" would have fared over the same time frame in Germany. You can examine Russia, Japan, China, along with many, many other countries and see  similar, complete, financial wipeouts.

Yea, a 15% FICA tax on your paycheck is a hell of a lot of tax to pay.

What to do?

How about you start a business and don't draw much salary. Instead, use the excess cash flow from the business to acquire depreciable assets which appreciate in value (hint: RE and airplanes...among many).

I've never heard that strategy advocated by Libertarian, "magic carpet ride", think tanks.
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:


Meaning no disrespect to your father, but how is it that a man who missed the mark on the "when" for social security's collapse - who has undoubtedly received more money from the SSA than what he paid into the system - evidence in your mind of a rock solid government retirement system?   Furthermore, why is it that the validation for social security rests squarely on the uninterrupted ability to receive an SSA check while eliding the massive amount of debt incurred to support said program, the collapse in the number of workers required to make paycheck contributions per every retiree, or open discussions by politicians supportive of social security looking to raise the retirement age and/or cut benefits?  Eventually, you run out of variables to tweak, accounting gimmicks to employ, or playing field to reposition the goalposts.

That people have missed the mark on the "when" does not change the reality of the "if".


I think history is our best example.

For example, Germany was the first to introduce Soc Sec.  (1889)

Afterwards, they were defeated in WW1 and suffered another total defeat along with Soviet occupation after WW2.

Yet, despite these "rough spots", the concept of Social Security still exists over there.

I wonder how  "investments", made by some silly "investment calculator" would have fared over the same time frame in Germany. You can examine Russia, Japan, China, along with many, many other countries and see  similar, complete, financial wipeouts.

Yea, a 15% FICA tax on your paycheck is a hell of a lot of tax to pay.

What to do?

How about you start a business and don't draw much salary. Instead, use the excess cash flow from the business to acquire depreciable assets which appreciate in value (hint: RE and airplanes...among many).

I've never heard that strategy advocated by Libertarian, "magic carpet ride", think tanks.


You're sidestepping my points and aligning me incorrectly with "investment calculator" and "Libertarian magic carpet rides", whatever the hell that means.

Historical precedent, widespread adoption, or even overwhelming public approval for social security at its inception does not address the chronic concerns over its fiscal solvency and shrinking worker base to draw that 15% FICA tax to pay for a burgeoning retirement class.  This has been a long time problem for every country that has implemented it.  The party will come to a bitter end when you are unable to borrow enough to pay the shortfalls and your only options are to limit, reduce, or deny benefits to the working generation left standing (bad) or hyper-inflate your currency to appear solvent (really, really bad).

Third option is if extraterrestrials descend into Washington willing to regularly buy something worthless from us for huge profits that we then direct into SSA's balance books, but I'm trying to be sensible here.
Link Posted: 10/9/2020 10:18:59 PM EDT
[#16]
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Quoted:


You're sidestepping my points and aligning me incorrectly with "investment calculator" and "Libertarian magic carpet rides", whatever the hell that means.

Historical precedent, widespread adoption, or even overwhelming public approval for social security at its inception does not address the chronic concerns over its fiscal solvency and shrinking worker base to draw that 15% FICA tax to pay for a burgeoning retirement class.  This has been a long time problem for every country that has implemented it.  The party will come to a bitter end when you are unable to borrow enough to pay the shortfalls and your only options are to limit, reduce, or deny benefits to the working generation left standing (bad) or hyper-inflate your currency to appear solvent (really, really bad).

Third option is if extraterrestrials descend into Washington willing to regularly buy something worthless from us for huge profits that we then direct into SSA's balance books, but I'm trying to be sensible here.
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You missed the other historical option. Slashing our long term security by gradually gutting the military.  Just like every other nation with a massive government directed social safety net has.
Link Posted: 10/9/2020 10:26:39 PM EDT
[#17]
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Quoted:



You missed the other historical option. Slashing our long term security by gradually gutting the military.  Just like every other nation with a massive government directed social safety net has.
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Quoted:
Quoted:


You're sidestepping my points and aligning me incorrectly with "investment calculator" and "Libertarian magic carpet rides", whatever the hell that means.

Historical precedent, widespread adoption, or even overwhelming public approval for social security at its inception does not address the chronic concerns over its fiscal solvency and shrinking worker base to draw that 15% FICA tax to pay for a burgeoning retirement class.  This has been a long time problem for every country that has implemented it.  The party will come to a bitter end when you are unable to borrow enough to pay the shortfalls and your only options are to limit, reduce, or deny benefits to the working generation left standing (bad) or hyper-inflate your currency to appear solvent (really, really bad).

Third option is if extraterrestrials descend into Washington willing to regularly buy something worthless from us for huge profits that we then direct into SSA's balance books, but I'm trying to be sensible here.



You missed the other historical option. Slashing our long term security by gradually gutting the military.  Just like every other nation with a massive government directed social safety net has.


Good point.  I guess the notion of our government cutting back on one area of spending to pay for overages in another area seemed more farfetched than the idea of ETs bailing us out.
Link Posted: 10/9/2020 10:31:45 PM EDT
[#18]
Link Posted: 10/9/2020 10:31:53 PM EDT
[#19]
Personal attacks and trolling
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