Should Musk/trump raise the retirement age?

Daylight63 said:
No. It does NOT need to be done. There's literally NO REASON. We have access to untapped TRILLIONS of dollars if we only started taxing the wealthy and corporations like a RATIONAL COUNTRY.

We act as if ultrawealthy greed and avarice are somehow not only NORMAL but a VIRTUE.

This has GOT to stop.
Click to expand...
you are a fucking idiot

no country spends like we do. none

This IS gonna stop.
 
Walt said:
In 1983, it was decided to raise the retirement age by 2 months for every year born, until it reached 67 for people born in 1960. So people born in 1960 will reach full retirement age in 2027. This seemed like a reasonable deal, given that life expectancies were rising by an average of 3.5 months per year back in 1983.

Life expectancies are rising by a current average of 12 days per year, and look set to start decreasing. So talking about raising retirement age now would mean a double whammy of losing time in retirement.

And there would be no time to plan around it. The 1983 plan gave people 25 years to plan around a 2 month increase in retirement age.

If Musk/trump continues the increases for people born after 1960, they will have only 2 or 3 years to plan around an increase in retirement age.
Click to expand...
Trump botching the US COVID response dropped US life expectancy by 1.8 years. What will he do over the next few years by cutting health care and support programs for the needy?

www.pbs.org

COVID helped cause the biggest drop in U.S. life expectancy since WWII

Changes in U.S. life expectancy normally move at a more glacial pace – at incremental tenths of a year. But the coronavirus pandemic has upset that steady trend.
www.pbs.org www.pbs.org
COVID-19 helped erase 1.8 years from the average American’s life expectancy in 2020, according to the latest federal mortality data released Wednesday, marking the greatest change in the American lifespan since World War II. During that one brutal year, COVID-19 became the third-most common cause of death in the United States, with one out of 10 fatalities due to the virus.

“A loss of two years seems limited, but that’s rolling back decades and decades of progress,” said Dr. Zinzi Diana Bailey, a social epidemiologist at the University of Miami’s Miller School of Medicine. “We are going backwards.”

In 2020, before the COVID vaccines were widely available, life expectancy plummeted to 77 years, down 1.8 years from 78.8 years in 2019 for the entire population, the new data shows.
 
Yakuda said:
No. Cut govt spending in half
Click to expand...
They will and both Vlad and Jinping will be laughing at the US destroying itself.

9egc8t.jpg
 
zymurgy said:
you are a fucking idiot

no country spends like we do. none

This IS gonna stop.
Click to expand...

Well, we certainly spend more than anyone else percapita for our ginormous military:
per-capita-military-spending-in-us.png


But we are NEVER ALLOWED to touch that budget.

But the things that matter to individuals, things like health, old age, benefits, family and job market programs, we are pretty far down the list:

RkehYRUoiE-BqWziGtFNG6UcLENAMViv74ez4RlxsdY.jpg


Spending-on-social-protection-cash-benefits-in-OECD-countries-by-type.png


So DO TELL me how we spend more than anyone else percapita on this stuff.

(I know, numbers and data aren't your thing and you get confused so by all means just scream that I'm an idiot)
 
Daylight63 said:
How about America in the Middle 20th Century when a family of 4 could be supported by a single income. Top marginal tax rates were MUCH higher. COrporations paid more in taxes.
Click to expand...
when money was gold

ok - we can go back to that. good luck with all your bullshit social engineering when you can't debase the currency as a tool to buy votes
 
Daylight63 said:
How about America in the Middle 20th Century when a family of 4 could be supported by a single income. Top marginal tax rates were MUCH higher. COrporations paid more in taxes.
Click to expand...
To recreate those conditions should we role back all the technological advancements, end globalization, have large portions of Europe and Japan destroyed by war, other portions of Europe behind the Iron Curtain, China under the throws of Mao etc.?

Because that was the world at the time.
 
zymurgy said:
not with you shit stains in charge.

all you cry about is tax rates - never spending
Click to expand...

Oh we complain about spending. But you guys won't let us touch the military.

You want to spend as much money as humanly possible for the military at the expense of American citizens.
You guys fight tooth and nail to ensure social spending NEVER goes up. You work overtime to make welfare as degrading an experience as possible. You construct systems in which people who get welfare are made to feel like they are SCUM who are getting this only because YOU ARE FORCED BY LAW to care about them.

I know what kind of government spending you love. And you DO LOVE YOU SOME SERIOUS GOVERNMENT SPENDING. You just don't like spending on people.

And as far as taxes go: you are being played. You payed more in federal tax than Jeff Bezos did in 2007.

"In 2007, Jeff Bezos, then a multibillionaire and now the world’s richest man, did not pay a penny in federal income taxes." (HERE)

YOU ARE THE SUCKER, Cletus. Good luck justifying this.
 
zymurgy said:
watching the shit stains be upset that a private citizen speaks freely is hilarious

boo hoo - president elect Musk. waaah. waaaah.

the next 4 years are going to be so amazing.
Click to expand...
Amusing more than amazing, the guy hasn’t even taken the oath and he already been embarrassed at least half dozen times
 
Daylight63 said:
And that matters exactly how?
Click to expand...
when money was gold we did not have inflation we have today. you bring up an era of a single family working - but ignore that that was during a time of sound money


a responsible person could live within his means, and know that in the future it would cost the same or less to survive.
 
zymurgy said:
when money was gold we did not have inflation we have today.
Click to expand...

There are economists who believe our FAILURE to get off the Gold Standard back in the 30's actually EXTENDED the Great Depression.

zymurgy said:
you bring up an era of a single family working - but ignore that that was during a time of sound money
Click to expand...

Then you disagree with the Hoover Institution:

"A gold standard does not eliminate debt crises or debt-induced inflation. No monetary system can absolve a nation of its fiscal sins."

zymurgy said:
a responsible person could live within his means, and know that in the future it would cost the same or less to survive.
Click to expand...

I would love it if you could find an actual reference that supports your mysterious view. But given that you just made it up doesn't hold out a lot of promise for a reference.
 
You must log in or register to reply here.
Back
Top