Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Political Discussion
Reply to "What Would You Be Willing to Do to Save SS?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]You guys are way down in the weeds. The thing is insolvent and you're arguing about mowing the lawn while the house is on fire.[/quote] It's not insolvent. When the trust fund runs out in 2034 or so, there will still be enough money to pay 75% of benefits forever. The trust fund was an add-on created by Ronald Reagan so he could kick the can down the road by raising taxes without cutting benefits while getting credit for being a fiscal conservative. But we should go back to what it was before, a pay-as-you-go system, just by balancing income and outflow. And I repeat if we DO NOTHING, there will be a 25% cut in benefits, but the system will last forever.[/quote] A) It's paying out more than it's taking in today. B) Much of what's in the "trust fund" are IOUs, so the money isn't even there. It's been robbed for other things. C) Medicare is even worse off that SS.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
