Quote:
Originally Posted by greywar
Go read this:
index - BasicIncome
The main thing to remember is we arent talking about a LOT of money. No really we aren't. Least not for our country.
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So, what, you're trying to pass yourself off as some kind of expert?
Why are you suppressing evidence?
Suppressed Evidence
Intentionally failing to use information suspected of being relevant and significant is committing the fallacy of suppressed evidence. This fallacy usually occurs when the information counts against one’s own conclusion.
I know why you're withholding information from forum members.....your position is too weak to withstand real debate.
Quote:
Originally Posted by greywar
Instead just remove the income cap from social security taxes, and have it apply to all income.
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Before making absurd statements, you might want to actually test them.
This thing about removing the Social Security wage/salary cap.....I've debunked that so many times it ain't even funny.
Not one person has refuted my sourced evidence, uh, but then it's impossible to refute factual reality.
Quote:
Originally Posted by greywar
First-social security as it is, vs's what its suggested it could be.
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Social Security is an insurance program.
The evidence shows that a Republican governor created Social Security. Several States copied the program, including FDR when he was governor of New York State.
There were 35 States which had Social Security-like programs at the time FDR violated the Constitution and nationalized all of the State programs, causing pain and suffering for many Americans.
The correct course of action is for the pseudo-federal government to comply with the Constitution, by honoring its contract for those vested in the program; transfer control to the States; privatize Social Security Insurance by allowing persons to purchase insurance for their own needs, with the State providing a watchful eye over the private insurance companies.
Presently, a minimum wage worker pays $96/month to receive $793/month in Social Security Retirement Benefits.
That's what Liberals want.
What Conservatives want is for minimum wage workers to pay $21/month and get $1,600/month in Social Security Retirement Benefits.
As nep321 pointed out, Conservatives are hateful, spiteful bastards for wanting people
to pay less while getting more.
Quote:
Originally Posted by greywar
If S.S is not taking in enough to pay its benefits in the future then the base amount it applies to should in fact be raised. As such it would meet what you describe.
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You are currently short 13+ Million workers to fund Social Security at the 6.2% FICA tax rate.
Obama's lack of leadership and disastrous policies have created a situation where Obamcare will cause a recession, which is why Obama is in a total panic and delaying implementation of certain provisions. Likewise raising the FICA payroll tax will slow down your economy creating more job losses.
Not raising the FICA payroll tax will slow down your economy creating more job losses.
That's what "unfunded liability" means....it means that money is coming out of your economy, one way or another.
The FICA payroll tax needs to be 9.0%-9.2% for employer and employee alike. Yes, that will be destructive, but no matter what you do, you have problems.
Quote:
Originally Posted by greywar
Or alternatively we could pay a wage based upon how unpleasant a job is to do? I know crazy talk right?
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Um, we already do that via the Laws of Economics. Those jobs which are difficult or unpleasant have a low supply of workers, which increases the wages.
Quote:
Originally Posted by greywar
It would eliminate MANY government programs entirely.
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No, it would not, but thanks for trying to mislead people just the same.
Quote:
Originally Posted by greywar
Yes. Welfare adds to our bureaucracy. Giving a person 1K/month to survive on is reasonable if we peg it to inflation.
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Economic Fail.
What kind of "inflation?"
Wage Inflation?
Cost-push Inflation?
Demand-pull Inflation?
Interest Inflation?
Real Inflation?
What is the purpose of Economics?
You have 1,539 separately functioning economies in the united States.
Using $1,000 as a base figure, in some of those 1,539 economies, $1,000 really only equals $200. At the same time, in some of those 1,539 economies, $1,000 equals $4,000.
Quote:
Originally Posted by greywar
At $1,200 its enough for a single person to care for themselves.
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Again, not true.
In some of the 1,539 separate economies in the united States $1,200 is too much, while in others, it is not enough.
But then you don't care if people if suffer and endure hardship, so long as your fantasies reign supreme.
So.....what is your plan for Stupid People?
You do have a plan, don't you?.....
Mircea