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It's amazing how a socialist program like SS works, right? Who would've thought
SS is a program that is available and benefits all American workers.
I don't understand why the younger crowd want to gut/end it vs shore it up to provide for them later in life.
You pay 6.5% FICA to support that.
Increases in FICA stopped in 1990.
FICA should resume gradual in increases every 2-3 years IMHO.
People in other countries are paying near 18% in FICA equivalent for their equivalent of SS.
Americans are poor savers. We have always been poor savers.
Imagine this country without any SS going forward ?
People don't want to pay FICA.
People don't want to put money away in their 401K's or other retirement type of accounts.
People just don't seem to want to save for retirement anymore.
I hope the Millenials are smart enough to realize the debt is a huge scam by the super rich elite to rob the peasants. It's just the rich hiding their money.
SS is a program that is available and benefits all American workers.
I don't understand why the younger crowd want to gut/end it vs shore it up to provide for them later in life.
You pay 6.5% FICA to support that.
Increases in FICA stopped in 1990.
FICA should resume gradual in increases every 2-3 years IMHO.
People in other countries are paying near 18% in FICA equivalent for their equivalent of SS.
Americans are poor savers. We have always been poor savers.
Imagine this country without any SS going forward ?
People don't want to pay FICA.
People don't want to put money away in their 401K's or other retirement type of accounts.
People just don't seem to want to save for retirement anymore.
I don't know how increasing FICA on the young is going to get them to save more. Talk about robbing Peter to pay for Paul's grandfather.
Is The Millenniums Generation America's Most Stupid (I hope not...)
So far, yes...
Quote:
"This exam, given in 23 countries, assessed the thinking abilities and workplace skills of adults. It focused on literacy, math and technological problem-solving. The goal was to figure out how prepared people are to work in a complex, modern society.
And U.S. millennials performed horribly.
That might even be an understatement, given the extent of the American shortcomings. No matter how you sliced the data – by class, by race, by education – young Americans were laggards compared to their international peers. In every subject, U.S. millennials ranked at the bottom or very close to it, according to a new study by testing company ETS.
“We were taken aback,” said ETS researcher Anita Sands. “We tend to think millennials are really savvy in this area. But that’s not what we are seeing.”
Democrat-Progressive-Social Politicians are again promising the world to them.
Millenniums already have near a 20 Trillion Dollar debt facing them. (By the time Obama leaves office, it should be the full 20 Trillion Dollar Debt. Obama started off with about 10 trillion in debt.)
WHO DO THEY THINK IS GOING TO PAY FOR THIS...
They have inadequate thinking abilities. That explains a lot...
Sweden, Denmark, and Norway all have budget surpluses.
...The more you know...
Yes, and they ALL tax REGRESSIVELY, with the largest tax burden placed on the middle class and poor, they allow their rich to legally hide income and capital gains in foreign accounts so that it's all tax-free (no FATCA laws), AND now many are/have eliminated estate and inheritance taxes:
Stop listening to conservative radio. Millennials are extremely tech savvy and probably smarter than most of us. The problem is....the jobs are just not there. You have hundreds of people applying for the same job. And many of them are seniors looking to supplement their retirement.
Just because you can twitter on your iPhone doesn't make you "smarter".
LOL
Sweden, Denmark, and Norway all have budget surpluses.
...The more you know...
And workers there pay 30-60% income taxes.
Where do you think all that money comes from..the tooth fairy ?
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International comparisons have already shot that incredibly foolish wishful thinking down. Read my prior post.
