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Old 03-04-2011, 03:04 PM
 
13,186 posts, read 14,985,890 times
Reputation: 4555

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Congratulations all you age age 50 and below folks.

You voted the GOP in. You'll likely be working to age 70 now before your benefits kick in.

This amounts to a 15% cut in your benefits.

John Boehner: Raise Social Security Retirement Age to 70 - Political Hotsheet - CBS News

Man I hope you don't lose your job when your 65? Do you think companies like to hire 65 year olds?

Do any of you have kids? How are you able to look them in they eye?

* SS is a well managed program . It only has a 1% administrative costs.
* It has a small long term deficit that could be corrected with minor tax increases.
* The small deficit that it does have is almost a non-factor in the budget deficit. Cutting your benefits will barely make a difference in the deficit.

[The stupidity of the average American voter should be studied by poltical scientists the World over. It's epic in proportions.]

Last edited by padcrasher; 03-04-2011 at 03:19 PM..
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Old 03-04-2011, 03:13 PM
 
Location: Sierra Vista, AZ
17,531 posts, read 24,709,355 times
Reputation: 9980
Why not 90? I can see the 89 year old firemen coming to the rescue
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Old 03-04-2011, 03:18 PM
 
10,545 posts, read 13,591,255 times
Reputation: 2823
Quote:
Originally Posted by padcrasher View Post
Congratulations all you age age 50 and below folks.

You voted the GOP in. You'll likely be working to age 70 now before your benefits kick in.

John Boehner: Raise Social Security Retirement Age to 70 - Political Hotsheet - CBS News

Man I hope you don't lose your job when your 65? Do you think companies like to hire 65 year olds?

Do any of you have kids? How are you able to look them in they eye?

[The stupidity of the average American voter should be studied by poltical scientists the World over. It's epic in proportions.]
I look them in the eye by knowing that this will help save a system that's been destroyed over the years and is on the brink of disaster and by telling them to take care of themselves. What the government giveth,the government taketh away.
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Old 03-04-2011, 03:22 PM
 
13,186 posts, read 14,985,890 times
Reputation: 4555
Quote:
Originally Posted by BigBadBen View Post
and look at all of the alternatives from the left.

If you are truly educated you would understand life expectancy has increased since ss was enacted. Go check an actuary table.

That means people have been collecting social security alot longer.

add; and besides your baseless ranting you would also be cognizant of the fact SS was supposed to be a safety net. Not a retirement plan.
Thank you
They already raised the age to 67. It was at 65.

And you know those actuary tables you mention? If you look at them closely you'll find life expectancy went up only for the upper income group which raised the total average.

Your typical poor, lower class American is NOT living longer. The ones who most depend on SS benefits.
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Old 03-04-2011, 03:24 PM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,880,765 times
Reputation: 2519
Quote:
Originally Posted by padcrasher View Post
Congratulations all you age age 50 and below folks.

You voted the GOP in. You'll likely be working to age 70 now before your benefits kick in.

This amounts to a 15% cut in your benefits.

John Boehner: Raise Social Security Retirement Age to 70 - Political Hotsheet - CBS News

Man I hope you don't lose your job when your 65? Do you think companies like to hire 65 year olds?

Do any of you have kids? How are you able to look them in they eye?

* SS is a well managed program . It only has a 1% administrative costs.
* It has a small long term deficit that could be corrected with minor tax increases.
* The small deficit that it does have is almost a non-factor in the budget deficit. Cutting your benefits will barely make a difference in the deficit.

[The stupidity of the average American voter should be studied by poltical scientists the World over. It's epic in proportions.]
In your opinion,is this a good or a bad thing?
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Old 03-04-2011, 03:25 PM
 
Location: On the Chesapeake
45,438 posts, read 60,638,057 times
Reputation: 61059
And this hasn't been talked about since at least when Clinton (D-AR) was President?
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Old 03-04-2011, 03:26 PM
 
Location: Greenville, SC
5,238 posts, read 8,797,604 times
Reputation: 2647
As a Democrat, I think this is awesome.

Pissing off the largest part of the electorate is not the wisest thing to do.
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Old 03-04-2011, 03:28 PM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,880,765 times
Reputation: 2519
When SS was first enacted,what was the age you could start drawing from it?

And what was the average age a person lived to?
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Old 03-04-2011, 03:28 PM
 
1,777 posts, read 1,404,150 times
Reputation: 589
I can't say I have all that much of a problem with this. Do that, raise (or better, eliminate) the cap on FICA taxes, and a couple other minor things, and SS is viable for a long time to come, and it will have a big impact on our budget deficit.

Now just raise income taxes back to the Clinton levels for anybody with income above $250,000 per year, close some loopholes, cut the defense budget and we'll be most of the way there to balancing the budget.
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Old 03-04-2011, 03:31 PM
 
13,186 posts, read 14,985,890 times
Reputation: 4555
Quote:
Originally Posted by Art123 View Post
As a Democrat, I think this is awesome.

Pissing off the largest part of the electorate is not the wisest thing to do.
But keep in mind Obama is going to cooperate in this. He's spineless and unprincipled. That's why I keep arguing that liberals need to cut our losses and not vote for this guy. It may lead to short term losses, but when you have a backstabber like Obama in office they must learn some limits.
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