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Old 03-11-2017, 10:04 AM  
Bladewire
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Join Date: Aug 2003
Location: Monarch Beach, CA USA
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Quote:
Originally Posted by woj View Post
^^^

problem is that SS/medicare/etc was supposed to be a trust fund where you put $$ in over 40 years, then when you reach old age $$ would be withdrawn... but some brilliant politician came along and figured "lets start spending this $$ now, and turn it into a ponzi scheme!"... you (or your parents) figured "brilliant idea, lets do it!", went along with the plan, enjoyed benefits of this scam for decades, and now 40 years later you are sitting here playing dumb "why are my benefits getting cut?", they are getting cut because for decades money was withdrawn from the trust fund and now there is insufficient level to let this ponzi scheme go on...

I don't blame you, I would be a bit pissed too, but lets not kid ourselves, everyone knows damn well why it's happening... it's not because some evil Republicans want to fuck you, it's because some idiot politicians decades earlier decided to spend the $$ in the trust fund...

and really, what are you complaining about? you are getting off easy, you will get back most of the $$ you put in, and maybe if you are lucky you will even come out ahead... younger generations on the other hand will almost certainly get fucked, they will get back only fraction of what they put in over the years...

"simple" would have been if this whole ss/medicare/etc bs didn't exist in the first place and instead you saved $$ into your own retirement account, you would know exactly where you stand, there would be no one to steal your funds for their own projects, there would be no cuts in benefits, etc... you would have saved up significant sums of money over your 40 year career, enabling you to have a quite comfortable retirement...
This is why 64+ need to pay the piper. I went into detail about this with Paul in a previous thread. That generation is trying to fuck us, while keeping all their benefits they gambled away spending that money. They've been in charge for decades they need to suffer the consequences too.

I have no problem raising their rates to pay for care but am for lowering rates for those working, and allowing them to work and get benefits.

I think and added solution is raising the monthly limit on earned income from $1,410 to $2,000. People want to work & get their SS but they can't survive on $1,410 + benefits so TONS of people cheat the system to qualify for additional benefits through disability to get a few extra hundred dollars a month to survive.
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