Didnt anyone watch Michelle Obama? Did anyone care?

[Coronita]

[quote]I will try to be more concise:

1. Raise the age however high is needed. 72, 74, whatever.

2. Regardless of age, it should be needs-based only. Stop giving people the expectation that they can live off the government comfortably in their old age as an entitlement.[/quote]

Lol. I don’t know any generation X or Y that is financial savy that is is counting on social security or medicare to exist for us. We’ll all be bleeding paying for the huge baby boomer population that will be retiring.

[afx114]

If someone spent their life putting INTO social security, why is it so bad that they expect to get some OUT when they retire? Hell, even John McCain collects social security, and it’s hard to argue against him getting it, despite his millions, because of the fact that he put into it.

No one I know, nor myself, expect to see any SS when it is time, but if there is some available when I get there, damn right I expect to get some back. Who wouldn’t?

[afx114]

If someone spent their life putting INTO social security, why is it so bad that they expect to get some OUT when they retire? Hell, even John McCain collects social security, and it’s hard to argue against him getting it, despite his millions, because of the fact that he put into it.

No one I know, nor myself, expect to see any SS when it is time, but if there is some available when I get there, damn right I expect to get some back. Who wouldn’t?

[afx114]

If someone spent their life putting INTO social security, why is it so bad that they expect to get some OUT when they retire? Hell, even John McCain collects social security, and it’s hard to argue against him getting it, despite his millions, because of the fact that he put into it.

No one I know, nor myself, expect to see any SS when it is time, but if there is some available when I get there, damn right I expect to get some back. Who wouldn’t?

[afx114]

If someone spent their life putting INTO social security, why is it so bad that they expect to get some OUT when they retire? Hell, even John McCain collects social security, and it’s hard to argue against him getting it, despite his millions, because of the fact that he put into it.

No one I know, nor myself, expect to see any SS when it is time, but if there is some available when I get there, damn right I expect to get some back. Who wouldn’t?

[afx114]

If someone spent their life putting INTO social security, why is it so bad that they expect to get some OUT when they retire? Hell, even John McCain collects social security, and it’s hard to argue against him getting it, despite his millions, because of the fact that he put into it.

No one I know, nor myself, expect to see any SS when it is time, but if there is some available when I get there, damn right I expect to get some back. Who wouldn’t?

[renterclint]

“1. Raise the age however high is needed. 72, 74, whatever.

2. Regardless of age, it should be needs-based only. Stop giving people the expectation that they can live off the government comfortably in their old age as an entitlement.

Better?”

Thanks PG, that is definitely more clear. I like the “needs-based” concept, but isn’t that just stealing from the wealthy again? You know our conservative comrads here despise income redistribution. Maybe they would make an exception in this case? I think it would be an easier sell than a cap-less payroll tax.

[renterclint]

“1. Raise the age however high is needed. 72, 74, whatever.

2. Regardless of age, it should be needs-based only. Stop giving people the expectation that they can live off the government comfortably in their old age as an entitlement.

Better?”

Thanks PG, that is definitely more clear. I like the “needs-based” concept, but isn’t that just stealing from the wealthy again? You know our conservative comrads here despise income redistribution. Maybe they would make an exception in this case? I think it would be an easier sell than a cap-less payroll tax.

[renterclint]

“1. Raise the age however high is needed. 72, 74, whatever.

2. Regardless of age, it should be needs-based only. Stop giving people the expectation that they can live off the government comfortably in their old age as an entitlement.

Better?”

Thanks PG, that is definitely more clear. I like the “needs-based” concept, but isn’t that just stealing from the wealthy again? You know our conservative comrads here despise income redistribution. Maybe they would make an exception in this case? I think it would be an easier sell than a cap-less payroll tax.

[renterclint]

“1. Raise the age however high is needed. 72, 74, whatever.

2. Regardless of age, it should be needs-based only. Stop giving people the expectation that they can live off the government comfortably in their old age as an entitlement.

Better?”

Thanks PG, that is definitely more clear. I like the “needs-based” concept, but isn’t that just stealing from the wealthy again? You know our conservative comrads here despise income redistribution. Maybe they would make an exception in this case? I think it would be an easier sell than a cap-less payroll tax.

[renterclint]

“1. Raise the age however high is needed. 72, 74, whatever.

2. Regardless of age, it should be needs-based only. Stop giving people the expectation that they can live off the government comfortably in their old age as an entitlement.

Better?”

Thanks PG, that is definitely more clear. I like the “needs-based” concept, but isn’t that just stealing from the wealthy again? You know our conservative comrads here despise income redistribution. Maybe they would make an exception in this case? I think it would be an easier sell than a cap-less payroll tax.

[Coronita]

[quote=afx114]If someone spent their life putting INTO social security, why is it so bad that they expect to get some OUT when they retire? Hell, even John McCain collects social security, and it’s hard to argue against him getting it, despite his millions, because of the fact that he put into it.

No one I know, nor myself, expect to see any SS when it is time, but if there is some available when I get there, damn right I expect to get some back. Who wouldn’t?[/quote]

I wouldn’t mind putting money into a system in which a fixed % of what I put in actually benefits me directly. However, paying for your ancestors while depending on your descendants to pay for you exclusively is one big pyramid scheme, especially if your ancestor generation has more people than your current generation and your descendants generation is smaller than you. It’s a lose lose situation for folks at the bottom of the pyramid. A portion of SSS should work more like an individual savings account.

[Coronita]

[quote=afx114]If someone spent their life putting INTO social security, why is it so bad that they expect to get some OUT when they retire? Hell, even John McCain collects social security, and it’s hard to argue against him getting it, despite his millions, because of the fact that he put into it.

No one I know, nor myself, expect to see any SS when it is time, but if there is some available when I get there, damn right I expect to get some back. Who wouldn’t?[/quote]

I wouldn’t mind putting money into a system in which a fixed % of what I put in actually benefits me directly. However, paying for your ancestors while depending on your descendants to pay for you exclusively is one big pyramid scheme, especially if your ancestor generation has more people than your current generation and your descendants generation is smaller than you. It’s a lose lose situation for folks at the bottom of the pyramid. A portion of SSS should work more like an individual savings account.

[Coronita]

[quote=afx114]If someone spent their life putting INTO social security, why is it so bad that they expect to get some OUT when they retire? Hell, even John McCain collects social security, and it’s hard to argue against him getting it, despite his millions, because of the fact that he put into it.

No one I know, nor myself, expect to see any SS when it is time, but if there is some available when I get there, damn right I expect to get some back. Who wouldn’t?[/quote]

I wouldn’t mind putting money into a system in which a fixed % of what I put in actually benefits me directly. However, paying for your ancestors while depending on your descendants to pay for you exclusively is one big pyramid scheme, especially if your ancestor generation has more people than your current generation and your descendants generation is smaller than you. It’s a lose lose situation for folks at the bottom of the pyramid. A portion of SSS should work more like an individual savings account.

[Coronita]

[quote=afx114]If someone spent their life putting INTO social security, why is it so bad that they expect to get some OUT when they retire? Hell, even John McCain collects social security, and it’s hard to argue against him getting it, despite his millions, because of the fact that he put into it.

No one I know, nor myself, expect to see any SS when it is time, but if there is some available when I get there, damn right I expect to get some back. Who wouldn’t?[/quote]

I wouldn’t mind putting money into a system in which a fixed % of what I put in actually benefits me directly. However, paying for your ancestors while depending on your descendants to pay for you exclusively is one big pyramid scheme, especially if your ancestor generation has more people than your current generation and your descendants generation is smaller than you. It’s a lose lose situation for folks at the bottom of the pyramid. A portion of SSS should work more like an individual savings account.

[Author]

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