5 ways to tell if you're a Libertarian
- Thread starter SmarterthanYou
- Start date
Leonthecat
Racism Watchdog
Libertarians are childish greedy savages.
Just an observation.
Just an observation.
Nomad
Every trumper is a N4T.
They don't lose when they invest long-term. Require everybody to put the same 12.4% in a S&P 500 mutual fund. Even big losses comes back or still has more remaining than SS. There are several advantages: 1) more income than SS 2) that money can be left to heirs 3) it eliminates the largest government spending category.
The average annual returns of the S&P 500 from 1928-2014 is 10%.
The problem with letting the young getting their own accounts is that their payroll taxes are needed to fund current retirees.
Your words prove you acknowledged it.
I've offered ways to prove it and you continue to run like a fucking coward.
The people that invested. Those that invest in that manner don't have all their eggs in one basket.
The people that you support getting money they never earned don't have a basket or eggs because they're either too stupid or too lazy to have one. The rest of us support them and they've done nothing. That should be stopped. Agree?
You lost him when you said individual investing. He relies on the government for every dime he has in his pocket.
Without their state the rich would all be in jail.
cawacko
Well-known member
Why jail instead of dead?
I'm one of those moderates, mun!
Oracle Of JPP 714
nazi/racist hunter
That's because the trust fund was stolen and put into the general war fund.
In jail for what? Would all the poor and middle class also be in jail?
That is a big misconception. The trust fund was not stolen and has $2.5 trillion surplus which is currently funding the revenue shortfall as it was intended. The original SS law required any surplus to be placed in government securities (at 2%). It was better than just letting the surplus sit in the trust fund while selling treasuries on the open market.
Nomad
Every trumper is a N4T.
You're a lying brokeback peckerwood pansy. You've never offered shit but the sight of your ass hiding behind your keyboard.
Wrong. When the people who invested lose everything they invested, the first thing they'll do is go running to the danged ol' gub'mint with both hands out, crying gimme gimme gimme!!!!.
And you'll be right where you always are.... at the front of the line with your hands out like the rest of them.
Nomad
Every trumper is a N4T.
That doesn't address the problem of who's going to provide interim support for seniors while the market recovers and their dividends have taken a major hit.
It's gambling with people's futures and many people are not equipped nor can they afford such a gamble.
Nomad
Every trumper is a N4T.
You sell some of your shares which cover part of your living expenses while your value recovers. Like Social Security, this is not supposed to be your total retirement income but is in addition to your pension or other income. You continue to have more income than your SS payment.
cawacko
Well-known member
The trust fund was raided within the first year S.S. was created
Nomad
Every trumper is a N4T.
Sell them for what? A fraction of what they were originally worth?
Then what have you got after you've sold them all to support yourself while the market slowly recovers?
It's too much of a gamble which is why seniors will never allow it.
With an average return of 10% annually in S&P you do not lose everything you invested and any loss comes back. The 2008 recession dropped many funds by 40% by that has more than recovered. It is obviously a better financial plan than SS which is already spending more than it brings in. By about 2037 the $2.5 trillion surplus will be gone and revenues will only fund about 70% of the benefits; so, SS is obviously not a sound solution.