Social security is not socialism but it needs to be privatized

Does it bother you that everyone ignores your statements to this effect?

 

Haven't you heard, the left says the debt is no big deal.

 

Nothing to do with luck. If you are a bum until you turn retirement age, you're gonna get a monthly check. That's not fair.

 

It bothers mean when people like you ignore reality yes.

Let me repeat it once more

SS is fully paid for and has never contributed a penny to the national debt.

- - - Updated - - -

And THAT is the problem?

That retirees haven't worked hard enough to suit YOU?

 

Please show how this is relevant to any of the arguments made here.

 

Haven't YOU heard?

Trump is on the verge of exploding the debt ala Bush Junior.

But that won't bother you. It didn't when Bush did it so why would now be different?

 

The problem is that some people are bums their entire life and don't pay anything to social security and will receive a monthly check at retirement. You think that's fair?

 

This might be relevant if someone argued against the point made.
Can you show that to be the case?

 

Nothing to do with luck? Forget those who suffered serious medical expenses that bankrupted them and left them unable to work or earn more than a modest wage, what about all those who for intellectual or emotional reasons were unable to attend college and get a good job? The country is filled with people who work as check-out clerks, factory line workers, laborers, fast food workers, and other low wage workers.

If you object to retirees getting a monthly check, realize that do create a lifetime income for yourself of $40,000/year in today's dollars, you need a personal retirement account of $1 million at age 65. Who can save that much on $50,000/year with a family of 3 or 4? Maybe you and I have been so lucky but most people aren't. And if you want to claim it can be done with investment in the stock market, note that most people who invest in the stock market deal with ups and downs and poor choices that result in very little gain or losses.

 

Read my post again. I never said anything about people that are injured or disabled. Of course they should be taken care of. Once again, if a person is a bum their entire life and paid nothing in, they shouldn't get anything at retirement age.

 

Stop making so much sense.

As I said before, the median 401k balance is $18,000. How will regular folks retire on that without SS? Of course, we can already predict what the answer will be: It's their own fault they didn't save enough. >50% of the population being lazy and moochers. That's always been the stance of the GOP.

 

Sure. Check the following as just one example of many....

 

This is not an example of an argument against the point made.
Try again.

 

Ok, you win. Now, tell me your guess as to how many people who are "bums their entire life" there are as a percentage of all retirees.

 

Track your conversation. You said to Lesh "Please show how this is relevant to any of the arguments made here."

You didn't qualify it with the phrase "against the point made" whatever that means. Maybe you mean your points made but you didn't say that, either. I answered your inquiry as to how it was relevant to arguments made in this thread. If you now wish to modify your inquiry then please do so. But in the meantime I answered what you asked.

 

And, necessarily. those conversations must deal with the point raised to be relevant to said point.
Feel free to try again.

 

Yes, exactly, and half the working population who works full time does not earn enough to save the million dollars that would be needed to provide themselves with a retirement income of $40,000/year. Rather than see this as it is: a problem with the economic system, the right tries to shift the blame onto the victims of the economic system. It's their way of protecting a failing economic system they've been brainwashed to singularly believe in.

 

Doesn't matter how many there are. If you didn't pay in, you get nothing. That's only fair.

 

And that is how it is. That is the law. Remember, you said "if a person is a bum their entire life and paid nothing in, they shouldn't get anything at retirement age."

THAT is who we are talking about, -not the injured or disabled. And currently if you did not contribute to SS you cannot collect retirement benefits.

 

When you can provide an answer relevant to the point, let us know.

 

Amen.

This is a standard Republican meme.

We're also seeing it with health care, as the leaked proposal for replacing the ACA leans on health care savings accounts - allowing those with significant extra income to invest that money BEFORE paying income tax.

Time after time we're seeing our system, a system that COULD be sound, be twisted in favor of those with wealth and significant income.

 

The people who run it aren't as confident as you but even they're putting a rosy picture on a difficult situation. https://www.ssa.gov/policy/docs/ssb/v70n3/v70n3p111.html

The culture has changed over the years to one of open borders and entitlements.

 

But they do. There is a minimum payment for everyone. Isn't there?

 

No. You have to work long enough to earn enough "credits" to qualify for benefits. I'm not sure how long that is.

My wife taught two years for a private university, after which she moved over to the state system and no longer pays into SS.
The money she paid for those two years is lost.

 

I just checked and you're right. I must be thinking of welfare. My gripe is too many people receiving government assistance and doing nothing to earn it. Everyone should do something to earn their keep.