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Old Today, 08:15 AM
 
Location: Barrington
46,885 posts, read 34,485,375 times
Reputation: 15571

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Quote:
Originally Posted by BeerGeek40 View Post
The people who will lose out -- and should lose out - with Social Security are the rich. SS shouldn't be cut for the poorest people. It should be cut for the people who get on cruise ships and live the great life in the golden years - and still collect full benefits. SS taxes are also going to have to be raised.

Sorry folks - there's no free lunch.
No one is going to cut benefits for those enrolled or near enrolled.

As an aside, the first two weeks of December tend to be the bargain basement of 7 days cruises to the Caribbean. Instead of holiday “Silver Bells” in the air, it’s “ Silver Hairs” on cruises departing from Florida ports.

Many never leave the ship.
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Old Today, 08:29 AM
 
1,151 posts, read 803,635 times
Reputation: 2150
Quote:
Originally Posted by Rachel976 View Post
Absolutely! Government retirees are living the high life. Many of them "retire" and then right back to the same job as a contractor - at a rate 2x their previous annual salary. So a person earning $100,000 retires at $70,000, and then earns $200,000 as a contractor. Total income for the same work: $270,000.

Or, more commonly, they take their retirement "salary" at $70,000 and then go back to their role as a contractor just 2 days a week for $80000. They have just increased their income from $100,000 for FT government work to $150,000 for 2 days a week.

I know because they've been at the pool all summer - laughing about it.
So, what is the problem? Do you have the education, experience , and skill-set to take those jobs? If so, apply!
I love how people are so bitter and jealous of others.
The contractor can pay whatever they feel like paying. Anyone can go to USAJOBS and apply for a government position. Then you, too, can live “the high life” as you call it.
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Old Today, 08:32 AM
 
1,151 posts, read 803,635 times
Reputation: 2150
Quote:
Originally Posted by Buckeye77 View Post
Government employee pensions at all levels are the real budget killers - make them go away and put them into social security like the rest of us. any so called double dippers can be shot at sunrise. Problem solved.
You obviously don't know what you are talking about because most federal employees are on a different retirement system. Saying they need shot at sunrise is borderline threatening and psychotic.
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Old Today, 08:36 AM
 
Location: Barrington
46,885 posts, read 34,485,375 times
Reputation: 15571
Quote:
Originally Posted by Ponderosa View Post
No problem. Republicans will see that these cuts only hurt younger workers. The boomers have never shown the slightest hesitation to put the costs and consequences of their greed on the backs of their children and grandchildren.
Boomers are the first generation who have paid into SS AND Medicare their entire working lives. Their contributions created the benefits used by their parents’ generation.

A portion of Medicare benefits have been funded by general revenues all along.

The first Social Security beneficiary paid a total of $24.75 in Payroll Taxes between 1937-9. She received $22,888.92 in lifetime benefits.

https://www.history.com/news/first-s...security-check

SS is old age income insurance.

Medicare is old age healthcare insurance.

Congress controls eligibility criteria and benefits.

Not likely, any current or future Congress will diminish benefits of existing and near term beneficiaries.
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Old Today, 08:40 AM
 
11,206 posts, read 11,044,094 times
Reputation: 5499
Quote:
Originally Posted by BeerGeek40 View Post
The people who will lose out -- and should lose out - with Social Security are the rich. SS shouldn't be cut for the poorest people. It should be cut for the people who get on cruise ships and live the great life in the golden years - and still collect full benefits. SS taxes are also going to have to be raised.

Sorry folks - there's no free lunch.
So you want to turn Medicare and ss into another welfare program?

Great. Everyone pays in and everyone benefits, currently
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Old Today, 08:43 AM
 
Location: Denver, CO
8,730 posts, read 1,995,393 times
Reputation: 1708
Abolish Ponzi Insecurity and refund everyone's contributions to the penny. Then abolish Medicare and Medicaid, then every single handout--food stamps, everything.
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Old Today, 08:45 AM
 
13,092 posts, read 10,133,275 times
Reputation: 16612
I wonder how many people actually look at the budget. These programs are tiny compared to the overall budget. I snicker in disgust whenever anyone goes after the National Endowment for the Arts. Because, yah, that is going to balance the budget.
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Old Today, 08:46 AM
Status: "Should have been a cowgirl!" (set 22 hours ago)
 
Location: CO/UT/AZ/NM Catch me if you can!
4,865 posts, read 4,448,766 times
Reputation: 10585
Quote:
Originally Posted by chopchop0 View Post
Sounda good to me.... let these maga retirees/boomers pay for the deficits from billionaire and corporate tax cuts with cuts to their benefits. This Gen Xer never planned on seeing Medicare or SS when he retired anyways

Something tells me trump won't be campaigning on this though

https://news.yahoo.com/trump-says-ma...201130207.html

https://www.forbes.com/sites/teresag...rve-the-beast/

https://www.vanityfair.com/news/2019...ederal-deficit
Let's hear it for Gen X - the only generation that actually matters. With any luck, the Millennials will kick Gen X to the curb as well and Gen X can join the growing ranks of the nation's homeless.
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Old Today, 08:47 AM
 
6,440 posts, read 2,740,709 times
Reputation: 2372
Quote:
Originally Posted by PCALMike View Post
America is the richest country in the world and we cant even afford to provide a basic standard of living to our seniors? Instead trillions in tax breaks for the ruling donor class is a priority.

What a disgrace. Never any money for a decent public safety net for seniors, the disabled, the sick and the poor, but always money for tax breaks, military spending and more prisons.
We pretty much have an open wallet when it comes to the military and expensive wars.
You never ever see the politicians talk about how much the wars costs.

But when it comes to caring for the disabled,maimed and mentally ill coming back from these wars, all of a sudden costs matter.
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Old Today, 08:49 AM
 
Location: Barrington
46,885 posts, read 34,485,375 times
Reputation: 15571
Quote:
Originally Posted by chopchop0 View Post
Sounda good to me.... let these maga retirees/boomers pay for the deficits from billionaire and corporate tax cuts with cuts to their benefits. This Gen Xer never planned on seeing Medicare or SS when he retired anyways

Something tells me trump won't be campaigning on this though

https://news.yahoo.com/trump-says-ma...201130207.html

https://www.forbes.com/sites/teresag...rve-the-beast/

https://www.vanityfair.com/news/2019...ederal-deficit
The content within these links do not support the sensational headlines.
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