social security (student loan, deduction, credit, property)

[Mightyqueen801]

Originally Posted by Ceece

I'm 63 and I've been hearing that since I was 30.

Lol, yes, right along with "the US is going the way of the Roman Empire!!!!" Oh wait, I remember hearing my mother saying that last one in the 1960s..

[mojo101]

how about USA= Weimar Republic

[done working]

Originally Posted by albert648

Even without the employer match, the 6.2% you or I pay, dollar cost averaged into the market, returns many times more cash flow than Socialist Insecurity (SS) could dream of returning. And unlike SS, I retain ownership of the principal.

I sincerely hope it collapses. The earlier the better. I'm not a fan of throwing good money after bad. Things that are failing should fail. The quicker, the better.

you wont after paying into the system for 40 years i bet

[lieqiang]

Originally Posted by mojo101

how about USA= Weimar Republic

Oh yeah they had 7% inflation, the largest GDP the world has ever seen, and were the most political, cultural, financial, and militarily influential country in that era. I can see the similarities.

[Lowexpectations]

Originally Posted by albert648

Even without the employer match, the 6.2% you or I pay, dollar cost averaged into the market, returns many times more cash flow than Socialist Insecurity (SS) could dream of returning. And unlike SS, I retain ownership of the principal.

I sincerely hope it collapses. The earlier the better. I'm not a fan of throwing good money after bad. Things that are failing should fail. The quicker, the better.

You clearly don’t understand what the program is or what it is actually for.

If the program fails, another one will replace it to do the same thing it does today.

[Thatsright19]

Originally Posted by lieqiang

Oh yeah they had 7% inflation, the largest GDP the world has ever seen, and were the most political, cultural, financial, and militarily influential country in that era. I can see the similarities.

And America lost a world war and had 419 provisions in the treaty of Versailles directly aimed at punishing it and owed massive debts in foreign currency rather than its own in a gold standard era.


It’s the best when people make these ridiculous comparisons.

[albert648]

Originally Posted by Lowexpectations

You clearly don’t understand what the program is or what it is actually for.

If the program fails, another one will replace it to do the same thing it does today.

I don't care what the program was or is for, or what they intended.

The program manufactures poverty so the government can come and "solve" it.

You know what the best insurance against poverty is? Wealth. Socialist Insecurity hinders your ability to accumulate it.

[Lowexpectations]

Originally Posted by albert648

I don't care what the program was or is for, or what they intended.

The program manufactures poverty so the government can come and "solve" it.

You know what the best insurance against poverty is? Wealth. Socialist Insecurity hinders your ability to accumulate it.

Well choosing to remain clueless on the topic doesn’t really do any good, for yourself or anyone else

[albert648]

Originally Posted by Lowexpectations

Well choosing to remain clueless on the topic doesn’t really do any good, for yourself or anyone else

The road to hell is paved with good intentions. I'm interested in outcomes, intent is irrelevant.

[jetgraphics]

Currently, there are less than 2 taxpayers for every recipient of public entitlements.
When that drops to less than 1 taxpayer for every recipient, "something" will break.
Either a taxpayer revolt or a recipient riot.