Social security, a landmark liberal achievement

[PostmodernProphet]

The right often excludes Social Security and Medicare from the "socialism" label because "they paid it in."

obviously you don't have a clue what socialism actually means........your memes are outdated.......

 

[Into the Night]

Lifetime-benefit, starting at age 62:

Retire @ 62 - $2,102/month
Retire @ 65 - $2,683/month
Retire @ 67 - $3,161/month
Retire @ 70 - $4,022/month

That's an achievement????!? Lame.

 

[Into the Night]

Starting at age 62, every year you defer your retirement, the SS benefit goes up by 12 percent annually.

That's better than the rate of return on any investment, and it is provided as a lifetime benefit.

It's a TERRIBLE return on your investment!

 

[Into the Night]

It is a fantastic system. For those who think not having it would be better, they need only look at how many seniors passed into destitution after they were too old to work before Social Security. It is the very reason the system was created.

...and look at how many seniors are in destitution even now WITH Social Security!

 

[Into the Night]

And if you are married and your spouse passes away, you can receive benefits based on their record. This program has done more to lift elders out of poverty than just about anything else we can think of. I wonder how many still-working people would appreciate having to have their aged parents come live with them and be supported by them, absent social security? They would be paying out more $$ than the current 7.65% that is deducted from their paycheck now.

....so you don't like your parents.

 

[Into the Night]

Republicans try to appeal to younger voters by painting SS and Medicare as "entitlements" that were not earned, but given to them by currently-employed workers. There is just enough truth in that to appeal to the stupider ones.

The problem with turning SS into a 401(k) type scheme is the vagaries of the markets. What happens if the markets -- and all that money the government invested for you -- are down at the time you decide to retire? Either you accept less pay-out, or you continue working. The current scheme has concrete payouts which allows employees more freedom in deciding when to hang it up. There is no risk-taking. And you don't end up having to move in with one of your kids.

\

Oh, it's earned. Indeed, it's theft of what you earned.

 

[Into the Night]

what a great reply. pointing out one of the many, many near economic collapses of our system since the Federal Reserve was implemented in 1913

Good point. The 2008 crash was caused by the Federal Reserve. They are directly responsible for fueling the overspeculation that led to the crash.

 

[Flash]

we'll have to distinguish between what you say in public and what you say when you think no one is looking.....

Impossible for you to distinguish.

 

[Flash]

obviously you don't have a clue what socialism actually means........your memes are outdated.......

I understand exactly what it means. Liberals think it means government social programs they like and conservatives think it means government social programs they dislike. Both are incorrect which destroys the entire meaning of the term.

 

[Into the Night]

You do not have the power to make yourself safe and secure.

A classic line. "You are too stupid to take care of yourself. You need us to take care of you!". This same line was used to justify slavery.
I certainly DO have the power to make myself safe and secure. Stuff your Marxist and slavery BS.

There are huge players who fuck up due to greed. That is what they did in 2008. People lost homes and wealth and did nothing wrong. The bankers destroyed 3 trillion in the wealth of the world. Their green impacts us all.

Caused by DEMOCRATS.

DEMOCRATS created the conditions for the overspeculation and resulting crash.
DEMOCRATS created the high inflation too. They still deny what they've done, and Norberg is right in there echoing this Democrat lies like an automaton.
It was DEMOCRATS that turned the downturn into a 9 year economic depression.
It was DEMOCRATS that created the CURRENT economic depression, still ongoing.

The greedy. The power maniacs. The DEMOCRATS.

 

[Into the Night]

I understand exactly what it means. Liberals think it means government social programs they like and conservatives think it means government social programs they dislike. Both are incorrect which destroys the entire meaning of the term.

Let's hear your definition of it then. Define 'socialism'.

 

[Nordberg]

Good point. The 2008 crash was caused by the Federal Reserve. They are directly responsible for fueling the overspeculation that led to the crash.

That is so stupid and so wrong.

 

[Nordberg]

A classic line. "You are too stupid to take care of yourself. You need us to take care of you!". This same line was used to justify slavery.
I certainly DO have the power to make myself safe and secure. Stuff your Marxist and slavery BS.

Caused by DEMOCRATS.

DEMOCRATS created the conditions for the overspeculation and resulting crash.
DEMOCRATS created the high inflation too. They still deny what they've done, and Norberg is right in there echoing this Democrat lies like an automaton.
It was DEMOCRATS that turned the downturn into a 9 year economic depression.
It was DEMOCRATS that created the CURRENT economic depression, still ongoing.

The greedy. The power maniacs. The DEMOCRATS.

How fucking nuts are you? The financial crashes are caused by bankers and speculators. They are regularly Repubs. But the actions that caused it were not political. It was greed. Bankers and their lobbyists had the power to slash regulations that protected the economy from bankers. It start was a Bill by Repub Phil Gramm called the financial modernization act. It opened the gates.

 

[Flash]

Let's hear your definition of it then. Define 'socialism'.

Sure, just as soon as you answer a previous question I asked many times.

1. What county had more votes than it had registered voters in 2020?

 

[ThatOwlWoman]

I understand exactly what it means. Liberals think it means government social programs they like and conservatives think it means government social programs they dislike. Both are incorrect which destroys the entire meaning of the term.

And some of us libtards understand exactly what it means. It's not your job anymore, but may you should teach us?

 

[zymurgy]

Good point. The 2008 crash was caused by the Federal Reserve. They are directly responsible for fueling the overspeculation that led to the crash.

Even before that - 2002 or so, Ben Bernanke admitted what we have known for a long long time about the first great depression - "The Federal Reserve's mistakes contributed to the worst economic disaster in American history” <--his words

 

[IBDaMann]

It is a fantastic system. For those who think not having it would be better, they need only look at how many seniors passed into destitution after they were too old to work before Social Security. It is the very reason the system was created.

It's a terrible system by which the government keeps We the People dependent on the government for the meagerest subsistence that the government will provide as long as We the People OBEY.

Screw that.

 

[Into the Night]

That is so stupid and so wrong.

It certainly is very stupid. It is so very wrong. The Federal Reserve causing the crash is BOTH.

 

[Into the Night]

How fucking nuts are you? The financial crashes are caused by bankers and speculators.

You just agreed with me. The Federal Reserve is a bank, printing tons of money for speculators, causing the crash.

They are regularly Repubs.

The Federal Reserve is part of government, dumbass.

But the actions that caused it were not political.

They certainly were.

It was greed.

It certainly was. The greed of power by Democrats

Bankers and their lobbyists had the power to slash regulations that protected the economy from bankers.

The economy doesn't need protection from bankers.

It start was a Bill by Repub Phil Gramm called the financial modernization act. It opened the gates.

Nope. The Federal Reserve fueled the speculation boom that resulted in the 2008 crash, just like many of the crashes before it.
It's going to happen again too. The Federal Reserve (and the government) is trying to print it's way out the financial mess that it's in. A cash crash is sure to follow.

 

[Into the Night]

Sure, just as soon as you answer a previous question I asked many times.

1. What county had more votes than it had registered voters in 2020?

RQAA. Stop mindlessly asking this question. It's already been answered.