USA Today: Social Security can't be ignored

[eolesen]

Bears may need to tighten his belt a bit...

http://www.usatoday.com/story/opinion/2012/11/27/social-security-fiscal-cliff/1730631/

How exactly do Democrats expect Republicans to bend on their destructive refusal to raise taxes if Democrats won't bend on their destructive refusal to trim unsustainable benefit programs?

Social Security represents more than one-fifth of federal spending, much too big to ignore. The likeliest fixes are well known. These include raising the cap on income subject to the payroll tax, tying cost-of-living adjustments more closely to actual inflation, and bumping up the retirement age for able-bodied future retirees. The sooner these changes are made, the less painful they will be.

 

[southwind]

There goes his 1% raise in January !
Wait !.......................It's already gone, when the Bush tax cuts expire for everyone !

 

[xUT]

I have been paying into SS since I was 16 and applied for a SS card.
I don't see how it is an 'entitlement'.
B) xUT

 

[signals]

I'm pretty sure your SS tax is paying for the current retirees or those that collect SSI.

Quote:
Social Security has always been a pay-as-you-go program: Each year's payroll taxes fund each year's benefits. From 1983 through 2009, Social Security collected more in taxes than it paid in benefits.

The taxes are YOU and everyone working. The benefits are those collecting the benefits.

 

[Dog Wonder]

Is USA Today mainstream media?

 

[NewHampshire Black Bears]

Bears may need to tighten his belt a bit...

http://www.usatoday....-cliff/1730631/

Well Eric M'boy.....I don't see where this effects me, other than future COLA's.

If to keep SS solvent..it means.. Y O U.....and .....s o u t h w i n d..have to Keep PAYING into SS LONGER, before YOU see a DIME, well heck,...I've got no problem with that AT ALL. !

I'm almost 68, and in very good health good health, (Never Smoked a day in my life) and have LONGIVITY in my genes (MA's 88 and going strong).
SO.
If I live up to "MA's" age, that means I'll be collecting(on the nearer side of $2,000 a month) for the next "20" years.
$2,000 x 12 = $24,000........x 20 = $ "480,000". that YOU and 'numb nuts' will be SENDING my WAY.
Plus ...AA,...plus FULL TIME AMTRAK + O/T (AMTRAK, which I have ..ZERO plans of retiring from),= , I'm NOT worrying about ANY Belt tightening!

NOW,
I want you to get a good nights sleep, so you can get YOUR ARSE "UP" tomorrow morning for WORK,...to keep those SS payroll taxes coming..UNINTERUPTED.

Comprende Amigo ??? : )

 

[Dog Wonder]

Watch out.

They will try to get you deported.

 

[delldude]

Well Eric M'boy.....I don't see where this effects me, other than future COLA's.

If to keep SS solvent..it means.. Y O U.....and .....s o u t h w i n d..have to Keep PAYING into SS LONGER, before YOU see a DIME, well heck,...I've got no problem with that AT ALL. !

I'm almost 68, and in very good health good health, (Never Smoked a day in my life) and have LONGIVITY in my genes (MA's 88 and going strong).
SO.
If I live up to "MA's" age, that means I'll be collecting(on the nearer side of $2,000 a month) for the next "20" years.
$2,000 x 12 = $24,000........x 20 = $ "480,000". that YOU and 'numb nuts' will be SENDING my WAY.
Plus ...AA,...plus FULL TIME AMTRAK + O/T (AMTRAK, which I have ..ZERO plans of retiring from),= , I'm NOT worrying about ANY Belt tightening!

NOW,
I want you to get a good nights sleep, so you can get YOUR ARSE "UP" tomorrow morning for WORK,...to keep those SS payroll taxes coming..UNINTERUPTED.

Comprende Amigo ??? : )

But as Obama keeps playing the Keynesian card and printing more unbacked cash all the while diluting the value of the dollar and increasing food, fuel, utility costs and reducing your buying power, and eventually crashing the dollar, how then is all your pensions and BS going to pay for anything with a bankrupt government?

I truly think you and your progressive friends live in some kind of alternate universe.

 

[NewHampshire Black Bears]

But as Obama keeps playing the Keynesian card and printing more unbacked cash all the while diluting the value of the dollar and increasing food, fuel, utility costs and reducing your buying power, and eventually crashing the dollar, how then is all your pensions and BS going to pay for anything with a bankrupt government?

I truly think you and your progressive friends live in some kind of alternate universe.

KNOCK it OFF dell !
'Someday' you'll be getting SS ! : )

 

[delldude]

KNOCK it OFF dell !
'Someday' you'll be getting SS ! : )

Yall best think about what was said real hard and true.
Tell your boys on the fiscal cliff anti-partisan committee.

 

[NewHampshire Black Bears]

Yall best think about what was said real hard and true.
Tell your boys on the fiscal cliff anti-partisan committee.

Fiscal Cliff ?
Tell that to your boys the Cokies and 'SHELDON', who throw(collectively) BILLIONS of dollars around like they were pennies !
YUP, they can pay a WEE bit more !

 

[delldude]

Fiscal Cliff ?
Tell that to your boys the Cokies and 'SHELDON', who throw(collectively) BILLIONS of dollars around like they were pennies !
YUP, they can pay a WEE bit more !

Just rock yourself to sleep just like Senate and Congress....and repeat "everything will be ok....everything will be ok.."

 

[NewHampshire Black Bears]

Just rock yourself to sleep just like Senate and Congress....and repeat "everything will be ok....everything will be ok.."

 

[NewHampshire Black Bears]

NO, 'Everything" isn't hunky dorey dell, BUT... I'm starting to get a 'bit' worried about you !

Between the "Steel Curtain" and 11/06/12, I fully realize that it's been a rough couple-o-months.

PS,
I noticed that BLACK FRIDAY didn't get-the-word on the Economy.

 

[southwind]

Well Eric M'boy.....I don't see where this effects me, other than future COLA's.

If to keep SS solvent..it means.. Y O U.....and .....s o u t h w i n d..have to Keep PAYING into SS LONGER, before YOU see a DIME, well heck,...I've got no problem with that AT ALL. !

I'm almost 68, and in very good health good health, (Never Smoked a day in my life) and have LONGIVITY in my genes (MA's 88 and going strong).
SO.
If I live up to "MA's" age, that means I'll be collecting(on the nearer side of $2,000 a month) for the next "20" years.
$2,000 x 12 = $24,000........x 20 = $ "480,000". that YOU and 'numb nuts' will be SENDING my WAY.
Plus ...AA,...plus FULL TIME AMTRAK + O/T (AMTRAK, which I have ..ZERO plans of retiring from),= , I'm NOT worrying about ANY Belt tightening!

NOW,
I want you to get a good nights sleep, so you can get YOUR ARSE "UP" tomorrow morning for WORK,...to keep those SS payroll taxes coming..UNINTERUPTED.

Comprende Amigo ??? : )

And here you were thinking, we didn't care about the handicapped !
Btw, if you want to keep your SS rolling in, you better hope Barrack does a better job concerning unemployment ! That's a lot of hands in the cookie jar !