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Old 04-15-2015, 11:26 PM
 
33,046 posts, read 22,062,610 times
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Any progressive reform will undermine political support for SS.

Any reform which actuarily improves SS will necessarily either undermine support or will be regressive.

Pick your poison.
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Old 04-15-2015, 11:51 PM
 
2,294 posts, read 1,561,711 times
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Quote:
Originally Posted by freemkt View Post
Any progressive reform will undermine political support for SS.

Any reform which actuarily improves SS will necessarily either undermine support or will be regressive.

Pick your poison.
Doesn't make sense.
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Old 04-16-2015, 01:00 AM
 
6,353 posts, read 5,161,362 times
Reputation: 8527
Quote:
Originally Posted by lenora View Post
Do you honestly believe that $80,000 - $200,000/year is a low level of income? For one person? As noted, less than 2% of the recipients have that level of income. You've left me wondering what the 2% would consider a moderate income. Do tell.
It's not a low level of income but nobody will save enough to produce that income if it means losing their SS. Christie's plan is not very good but I agree with whoever said that he deserves credit for bringing SS reform into the spotlight. Of course, that's easy for him to do because he's not going to win the nomination.

Still, he's a pretty good governor.
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Old 04-16-2015, 02:37 AM
 
33,046 posts, read 22,062,610 times
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Quote:
Originally Posted by Burkmere View Post
Doesn't make sense.

Progressive reforms to SS will either increase the taxes paid by high earners and/or will reduce or eliminate the benefits received by high earners. This will undermine support for the program among high earners, whose political strength exceeds their numbers.

Reforms which strengthen SS actuarily will either increase the taxes paid by low earners and/or will reduce the benefits received by low earners., hence will be regressive.

What part of the above doesn't make sense?
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Old 04-16-2015, 03:00 AM
 
Location: Durham NC
1,189 posts, read 1,297,287 times
Reputation: 921
Not that he had any chance to be nominated by his party but I see that he has filed for an extension on his taxes therefore won't have to disclose his income for a few more months. Gotta love these guys.
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Old 04-16-2015, 03:13 AM
 
2,912 posts, read 3,550,189 times
Reputation: 4103
Quote:
Originally Posted by freemkt View Post
Progressive reforms to SS will either increase the taxes paid by high earners and/or will reduce or eliminate the benefits received by high earners. This will undermine support for the program among high earners, whose political strength exceeds their numbers.

Reforms which strengthen SS actuarily will either increase the taxes paid by low earners and/or will reduce the benefits received by low earners., hence will be regressive.

What part of the above doesn't make sense?

Life in general is regressive, pretty much across the board. That's just the way things are.
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Old 04-16-2015, 03:18 AM
 
2,912 posts, read 3,550,189 times
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Quote:
Originally Posted by Burkmere View Post
He will never get the nomination now , the fa$ fu$$er..I was actually thinking of supporting the fattie...
But if CC got his party's nomination, we would have an interesting general election: a fat pig v a fat hog.
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Old 04-16-2015, 03:22 AM
 
33,046 posts, read 22,062,610 times
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Quote:
Originally Posted by Hamish Forbes View Post
Life in general is regressive, pretty much across the board. That's just the way things are.


For years I have been saying Life Is Regressive. Turns out George Will beat me to it.
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Old 04-16-2015, 03:43 AM
 
Location: Pennsylvania
12,511 posts, read 4,230,897 times
Reputation: 9831
Amen. A politician with guts -- the rarest of things! He's got my vote.

Christie's proposal isn't going to be the final fixing of SS, but let's give the man credit for speaking the truth.
Without action, SS will not be able to pay what has been 'promised'.

What are the alternatives? Continue to delay and do nothing, aka 'kick the can down the road'?
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Old 04-16-2015, 06:39 AM
 
Location: Central Mexico and Central Florida
7,105 posts, read 3,463,006 times
Reputation: 10163
Quote:
Originally Posted by lenora View Post
Do you honestly believe that $80,000 - $200,000/year is a low level of income? For one person? As noted, less than 2% of the recipients have that level of income. You've left me wondering what the 2% would consider a moderate income. Do tell.
NO ONE should be required to pay into a retirement system from which they can be denied all of their benefits, whether that denial is made via means-testing, IQ testing or genetic testing.
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