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-   -   social secuirty (http://www.derbytrail.com/forums/showthread.php?t=37960)

gales0678 08-24-2010 07:18 AM

social secuirty
 
How do we fix the long term underfunding problem of this entitlement program?


Do we raise the retirement age?

Do we raise the cap (i think you only pay on the first 97k of your salray) ?

Do we raise the percentage and leave the cap in place? I think the rate is 6.2% now what rate do we make

Do we offer younger workers the ability to invest some of the $ in the stock market?


Does anybody think that nothing has to be done and the current system in place is fine?

Antitrust32 08-24-2010 07:34 AM

eliminate it

jms62 08-24-2010 08:19 AM

Quote:

Originally Posted by Antitrust32 (Post 687120)
eliminate it

Wow such a simple solution. How do you suppose we handle the millions of destitute people that become of eliminating social security?

Antitrust32 08-24-2010 08:35 AM

Quote:

Originally Posted by jms62 (Post 687126)
Wow such a simple solution. How do you suppose we handle the millions of destitute people that become of eliminating social security?

dont really care. have some kind of grandfather clause. slowly eliminate it if thats what it takes.

its a huge waste of $ that the govnt is irresponsible with (just like all the other taxes we pay)

joeydb 08-24-2010 02:00 PM

Quote:

Originally Posted by Antitrust32 (Post 687129)
dont really care. have some kind of grandfather clause. slowly eliminate it if thats what it takes.

its a huge waste of $ that the govnt is irresponsible with (just like all the other taxes we pay)

I agree, but more importantly it is a ponzi scheme, mathematically impossible to sustain, and should be eliminated on that basis alone. The political decision by FDR is not so sacrosanct that we must continue this madness forever. It doesn't wash.

gales0678 08-24-2010 02:05 PM

Quote:

Originally Posted by joeydb (Post 687220)
I agree, but more importantly it is a ponzi scheme, mathematically impossible to sustain, and should be eliminated on that basis alone. The political decision by FDR is not so sacrosanct that we must continue this madness forever. It doesn't wash.

joey , how about a solution to the issue? any ideas?

clyde 08-24-2010 02:05 PM

Kill everyone over 40.

Coach Pants 08-24-2010 02:08 PM

Let them eat cake.


randallscott35 08-24-2010 02:12 PM

The way all problems get pushed aside. War and inflation....Just wait.

gales0678 08-24-2010 02:15 PM

Quote:

Originally Posted by randallscott35 (Post 687228)
The way all problems get pushed aside. War and inflation....Just wait.

war against who? china

Antitrust32 08-24-2010 02:19 PM

Quote:

Originally Posted by gales0678 (Post 687231)
war against who? china

Civil War baby!!

clyde 08-24-2010 02:19 PM

Kill China.

Coach Pants 08-24-2010 02:22 PM

Russia/China/N. Korea/Iran
U.S./Brits/Aussies/India

Antitrust32 08-24-2010 03:38 PM

Quote:

Originally Posted by Coach Pants (Post 687237)
Russia/China/N. Korea/Iran
U.S./Brits/Aussies/India

thank goodness Russia & China are both very small countries with little to no military.

Coach Pants 08-24-2010 03:42 PM

Quote:

Originally Posted by Antitrust32 (Post 687263)
thank goodness Russia & China are both very small countries with little to no military.

Well it's not going to happen on Urkel's watch. So 2014 at the earliest.

dagolfer33 08-24-2010 04:08 PM

Quote:

Originally Posted by clyde (Post 687222)
Kill everyone over 40.

Is that 40, or a day over 40, or the day you turn 41. Just asking so I' ll know what side of this issue I'm on.

clyde 08-24-2010 04:17 PM

Quote:

Originally Posted by dagolfer33 (Post 687272)
Is that 40, or a day over 40, or the day you turn 41. Just asking so I' ll know what side of this issue I'm on.

If you are 40 now......that is as of this moment,or older......do not stock up on anything.

dagolfer33 08-24-2010 04:28 PM

Quote:

Originally Posted by clyde (Post 687280)
If you are 40 now......that is as of this moment,or older......do not stock up on anything.

Oh fucl<...............(hiding now)

hi_im_god 08-24-2010 09:50 PM

Quote:

Originally Posted by gales0678 (Post 687117)
How do we fix the long term underfunding problem of this entitlement program?


Do we raise the retirement age?

Do we raise the cap (i think you only pay on the first 97k of your salray) ?

Do we raise the percentage and leave the cap in place? I think the rate is 6.2% now what rate do we make

Do we offer younger workers the ability to invest some of the $ in the stock market?


Does anybody think that nothing has to be done and the current system in place is fine?

it isn't a long term underfunding problem. it's a problem that exists temporarily while my generation dies off.

just wait.

Danzig 08-24-2010 09:53 PM

Quote:

Originally Posted by hi_im_god (Post 687448)
it isn't a long term underfunding problem. it's a problem that exists temporarily while my generation dies off.

just wait.

how long?



:D


just kidding...but i was listening to a guy on the radio talking about the population, demographics, baby boomers, etc. it was interesting. the largest year group? people age 50. but the second largest year? age 20. i have noticed more and more that gloom and doomers get press, just like every generation tends to think the next one is dumber and we're all doomed.


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