Posted on 02/03/2019 7:09:40 PM PST by Theoria
Solvency?
Democrats?
Bwahahahahahahahahahahahahahahahahahah!!!!!!
OMG!
They’re gonna give us all that *FREE MONEY*!
Hooray for the Dems!!!!!
Hilarious...
End Social Security. Don’t phase it out. Don’t privatize it. End it. Stop collecting the taxes. Stop sending the checks. It’s unconstitutional. It’s a crime against the rule of law and liberty.
Expansion and Solvency are mutually exclusive.
Add MORE benefits to a government program that is going bankrupt...
What could go wrong?
And how does this get paid for? Will it offend the sensibilities of the likes of Alexandria Ocasio-Cortez if we ask how new government programs get paid for???
Sure. Double the benefits at half the cost. It’s easy, I tell ya!!
Money tree. Go out and shake it. That’s what they all say. They will shake down people to get it.
It was designed as a scam from the very beginning, since the age of eligibility was the same as the average life expectancy at the time it was passed.
Not so fast, professor. I can collect in a little over a year. I owned my own business for the last 40 years so I paid both the employee and employer portion.
I made a deal with the government 48 years ago ( not by choice). They would take money out of my paycheck every week and give some back when I retired. I did my part, they will do theirs.
It’s not a handout, it is an entitlement. I am entitled to the money BECAUSE IT IS MINE. They just borrowed it interest free for decades.
Accountants Hate This One Simple Trick!!
The plan is to increase spending and pretend the money is there. The same plan as before just renaming all the parts and pieces. Social Security will still become insolvent. It will just be a more acceptable insolvency, somehow.
Nothing new. The RAT tax and spend party in its interminable permutation.
Solvency? not a concern of the Democrats, they say the world will end in 12 years
Impossibly to do both things at same time. Increasing benefits, no matter how nice, lowers ( doesnt increase) plan solvency. We are getting very very tired of all these patently false have your cake and eat it too political promises
Democrats?
It's possible. Raise the payroll tax rate to about 47% and the solvency issue will go away. And they would do it if they could.
No all you did was pay those already on SS, they is no account with your name on it with money put back for you. That money has already been spent.
That is why it is not an entitlement, but a tax.
It has been a Ponzi scheme from the beginning.
We should slowly phase it out while converting it to a defined contribution plan instead of a defined benefit plan.
It was a bad idea from the beginning.
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