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03-15-2010, 04:21 PM
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#21
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Full time employment: Posting here.
Join Date: Jul 2008
Posts: 619
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Quote:
Originally Posted by samclem
So, what would you have done with that extra money that was coming in to SS every year for decades?
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Well now see...you answered your own question.
Quote:
Originally Posted by samclem
The real problem is the ongoing habit of the government to spend more than it takes in. And to take ever more money out of the productive economy rather than simply spending less. It is clearly not sustainable.
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Hmmmm, perhaps they should STOP spending at such an irresponsible rate. Rocket science, FTW!!
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03-15-2010, 04:22 PM
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#22
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Full time employment: Posting here.
Join Date: Jul 2008
Posts: 619
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Quote:
Originally Posted by CuppaJoe
Kona, grown in the good old U.S.A.?
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Yes please.
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03-15-2010, 05:59 PM
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#23
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 1,250
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Quote:
Originally Posted by jdw_fire
how do people who havent paid anything into SS get some money out of it? i am not familiar with that aspect of the program (unless you are talking about dependants where the person they are dependant on paid in)
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Collecting off an ex-spouse, collecting SSDI fraudulently, I am sure there are other situations too.
__________________
Make no mistake, my friend, it takes more than money to make men rich. - A. P. Gouthey
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03-15-2010, 06:27 PM
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#24
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Moderator Emeritus
Join Date: Jun 2007
Location: At The Cafe
Posts: 6,873
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Quote:
Originally Posted by SarahW
...
I need more coffee.
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Quote:
Originally Posted by CuppaJoe
Kona, grown in the good old U.S.A.?
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(Two hours later) Coming right up. The pie is on the house.
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03-15-2010, 06:39 PM
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#25
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Thinks s/he gets paid by the post
Join Date: Jan 2004
Posts: 2,049
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Quote:
Originally Posted by SarahW
Hmmmm, perhaps they should STOP spending at such an irresponsible rate. Rocket science, FTW!!
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Yes, they [we] should. Let's start with a 10% haircut to SS, Medicare, and Defense.
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03-15-2010, 06:42 PM
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#26
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Administrator
Join Date: Apr 2006
Posts: 22,973
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I recall my first "paycheck" job, at McDonald's. It was 1975 and I was 16. I had my eye on some blue Adidas sneakers that I was going to buy with my first paycheck. I knew that it would be $28 dollars because I had worked 14 hours and made exactly $2 per hour, and that would be enough to buy my swanky new footwear.
As they handed me the envelope with my check in it, I could almost feel the new sneakers on my feet. You can imagine my shock when I opened it up and saw the total. Who are FITW and FICA and what did they ever do to deserve part of my money?? One of my older co-workers clued me in. I had some vague concept of income tax, but none at all of this odd thing called "social security". She said "that just extra tax. They give it to old people who don't have any money." I thought about my grandmother and decided that was okay by me.
I didn't give it another thought until I graduated from college in 1981. Then I read an article explaining how social security was actuarially unsound given changes in the number of workers and life expectancies. It made sense to me, and I also knew enough of life to realize that politicians would never, ever take the unpopular steps necessary to fix the problem. From that time forward to this day, I have never expected to get social security. My retirement plans have always assumed zero. And anyone who has been paying attention should not be surprised by the news post by the OP today.
Even if, as I expect, I never get a dime, I am still extraordinarily grateful to have lived my life here, in the most prosperous country ever known. I am healthy and happy and I have become wealthier than I ever thought possible. Not getting social security is a minor blip on the radar. If I think about it at all, I think about how social security allowed my grandmother, and now my parents, to spend their later years in some semblance of dignity. I don't mind paying for that.
__________________
Living an analog life in the Digital Age.
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03-15-2010, 07:19 PM
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#27
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Thinks s/he gets paid by the post
Join Date: Jan 2005
Posts: 3,528
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You are a class act, Gumby. I am glad that you are on here.
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03-15-2010, 07:57 PM
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#28
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,004
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Sorry Gumby, you gotta go. Unless you can rant, rave, gnash your teeth, foam at the mouth and point out how we are all doomed, you aren't qualified to post on this forum.
__________________
Numbers is hard
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03-15-2010, 09:58 PM
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#29
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,821
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Quote:
Originally Posted by Gumby
If I think about it at all, I think about how social security allowed my grandmother, and now my parents, to spend their later years in some semblance of dignity. I don't mind paying for that.
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But that is the problem, we aren't paying for it! We are racking up debt for it.
If we honestly say that we want to provide a safety net (and I agree that we should), then we should honestly pay for it instead of handing the bill to future generations who have no say in the matter. That latter parts just strikes me as disingenuous.
-ERD50
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03-15-2010, 10:12 PM
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#30
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Full time employment: Posting here.
Join Date: Jul 2008
Posts: 619
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03-16-2010, 03:00 AM
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#31
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Thinks s/he gets paid by the post
Join Date: Oct 2008
Posts: 1,608
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Well, I'm one of the people who paid into SS for 9-10 years and won't be getting any SS payments.
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