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Name:
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Yankee06
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Subject:
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Ah yes; ah no
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Date:
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8/13/2009 8:10:54 PM
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-My opinion is that SS is both inefficent and ineffective compared with what it should be and could be if congress didn't steal the surplus every year.
-It is not a very good insurance system on my parents, for I and my employers paid in more than $250,000 over 40+ years. My parents collected a total of $47,000. If it's insurance why would I pay for someone else's parents? (please don't anyone answer,--I know all the social reasons; it was just a rhetorical question)
-It's not a good retirement system either. Again I have to live to be 79 to get my $250,000 back. During that time I will be paying taxes of teh SS $$$ I receive, approximately another $40,000; that will pay for another 2 years. SO I will have to live beyond 81 to break even. The sad part is that none of my money was/is earning "real" interest during that time. In otherwords had I invested that $250,000 it probably would have been worth two to three times that much when I retired.
--Social Security is another welfare tax, so let's just call it that. Those who didn't pay into it, for a number of good reasons both good and bad, get money out of it; they get that money as a gift from those that do put in money. Low income workers, depending on how much they made, might get 50-90% of their actual working wages in retirement. People who were "lucky" enough to earn a "max out" wage, say about $100,000, will receive about 20% of their working wages in retirement. That is a regressive/reverse tax.
-Do I think we shouldn't have the SS. No , I think there are people who are always going to need help from society or from government to get by for any number of reasons; -some of their own making and some from unfair fates.
-But lets call it what it is, a redistribution of wealth for social program purposes.
-Yo know, if I keep giving my 2 cents woryh on this forum, I'll be broke ---and need more ss help :)
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|
 Lets Get Serious - Healthcare - water_watcher - 8/9/2009 8:05:25 AM |
 Lets Get Serious - Healthcare - Talullahhound - 8/9/2009 10:44:45 AM |
| Lets Get Serious - Healthcare - JustAGuy - 8/9/2009 6:44:13 PM |
| Why do we have to figure - alahusker - 8/9/2009 8:01:42 PM |
| Lets Get Serious - Healthcare - Lady - 8/9/2009 8:22:24 PM |
| Lets Get Serious - Healthcare - Talullahhound - 8/9/2009 8:33:12 PM |
| Lets Get Serious - Healthcare - wix - 8/9/2009 8:28:04 PM |
| Actually - Talullahhound - 8/9/2009 8:34:45 PM |
| Only A Fool - GoneFishin - 8/9/2009 9:00:25 PM |
| GF, Only A Fool - wix - 8/10/2009 12:33:07 AM |
| Healthcare - Yankee06 - 8/10/2009 12:44:08 AM |
| Hear! Hear! to yankee - architect - 8/10/2009 9:13:08 AM |
| Really Excellent Points - Talullahhound - 8/10/2009 9:56:34 AM |
| Only A Fool - water_watcher - 8/10/2009 12:18:23 PM |
| Really, we can sue - wix - 8/10/2009 12:34:56 AM |
| Really, we can sue - Talullahhound - 8/10/2009 9:51:54 AM |
| The biggest question - water_watcher - 8/10/2009 12:25:52 PM |
| Water Man - GoneFishin - 8/10/2009 1:11:07 PM |
| Water Man - water_watcher - 8/10/2009 2:19:31 PM |
| Medicare Advantage Plans - au67 - 8/10/2009 5:12:25 PM |
| I'm curious - Talullahhound - 8/10/2009 10:07:30 PM |
| Yep... - lamont - 8/11/2009 8:23:33 AM |
| Yep... - Talullahhound - 8/11/2009 2:40:55 PM |
| I'm curious - au67 - 8/11/2009 3:52:54 PM |
| I'm curious - Talullahhound - 8/11/2009 10:20:00 PM |
| I'm curious - au67 - 8/12/2009 8:58:25 AM |
| I'm curious - Talullahhound - 8/12/2009 6:44:10 PM |
| I'm curious - au67 - 8/12/2009 7:15:25 PM |
| Of course I have a clue - Talullahhound - 8/13/2009 2:16:57 AM |
| Remarkable Insight Hound... - lamont - 8/13/2009 8:00:29 AM |
| In addition Hound.... - lamont - 8/13/2009 8:24:53 AM |
| You Obviously - Talullahhound - 8/13/2009 7:37:40 PM |
| Of, So Many assumptions.... - lamont - 8/14/2009 7:46:27 AM |
| Of, So Many assumptions.... - Talullahhound - 8/14/2009 3:28:00 PM |
| Social security check, comes - alahusker - 8/12/2009 5:27:50 PM |
| Social security check, comes - Talullahhound - 8/12/2009 6:46:30 PM |
| Social security check, comes - alahusker - 8/12/2009 8:05:30 PM |
| Social security check, comes - architect - 8/12/2009 10:24:43 PM |
| Social security check, comes - MrHodja - 8/12/2009 10:31:22 PM |
| Social security check, comes - Talullahhound - 8/13/2009 2:25:26 AM |
| Social security check, comes - MrHodja - 8/13/2009 7:38:00 AM |
| How do you know - Talullahhound - 8/13/2009 7:43:31 PM |
| How do you know - MrHodja - 8/13/2009 8:42:17 PM |
| How do you know - Talullahhound - 8/14/2009 3:44:19 PM |
| Actually.... - MrHodja - 8/14/2009 4:45:34 PM |
| Ah yes - Talullahhound - 8/13/2009 2:19:55 AM |
Ah yes; ah no - Yankee06 - 8/13/2009 8:10:54 PM |
| Having Said all that - Talullahhound - 8/14/2009 3:48:40 PM |
| Majority of People Voted for H - Mack - 8/10/2009 8:57:55 PM |
| Majority of People Voted for H - au67 - 8/10/2009 9:34:20 PM |
| I don't think the majority of - Talullahhound - 8/10/2009 10:14:15 PM |
| The Sad Thing - MrHodja - 8/10/2009 10:29:53 PM |
| We Agree about that - Talullahhound - 8/11/2009 2:44:11 PM |
| We Agree about that - MrHodja - 8/11/2009 3:42:08 PM |
| Very sage post.. - alahusker - 8/12/2009 8:17:08 PM |
| Majority of People Voted for H - architect - 8/10/2009 10:50:11 PM |
| So, Are You Saying - Mack - 8/11/2009 7:33:03 PM |
| AU67>>> - Mack - 8/11/2009 7:22:54 PM |
| Mack - au67 - 8/11/2009 9:19:34 PM |
| Mack - au67 - 8/11/2009 9:25:59 PM |
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