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The popular vote isn't a thing

EatTheRich

President
If you really cared about cutting spending then you would be supporting the elimination of entitlements and not someone who wants to give more "free" stuff to the human debris such as Obama, clinton and each candidate who is presently running for the Dem nomination.. Yet I see the opposite from you
What you call “free stuff” ... which is actually compensation to the working class for the labor it provides ... is a small part of the budget.
 

EatTheRich

President
You are under the misguided impression the money you paid in was some sort of retirement account for you. It isn't. It was used to pay others.

Like any ponzi scheme, it will eventually implode.
Social security is not a “Ponzi scheme” because it does not rely on “investors” to fund the payouts ... those could be funded entirely via income taxes without any payroll tax whatsoever, the current funding mechanism is not the essential part of the program.
 

EatTheRich

President
LOL, a surplus is that what your leaders are telling you? Perhaps that is why they have raised age and are concerned about the ponzi scheme not being sustainable?
The concerns are not genuine. They are excuses for cutting the program so there is more money for war and for tax cuts for the rich.
 

EatTheRich

President
really, so the SS admin is not worrying at all about the ponzi scheme running out of money? thats odd because all normal sources beg to differ.
Social security might in 60 years start to have to use the accumulated surplus, until another funding mechanism is tapped.
 

EatTheRich

President
His money was spent as it came in like any other tax. Nothing was ever saved. Was the money you paid in taxes that went to the military saved in some sort of trust fund? Of course not. It was spent.

Not one dime of your Social Security check will be from money you paid because zero was saved.

Welfare = money confiscated from today's taxpayers and given to someone who didn't earn it

Social Security = money confiscated from today's taxpayers and given to someone who didn't earn it

Social Security = welfare.

The only difference is that when you rob your kids for your welfare check, you'll give them a tip. Psst, do the same to your kids ...

I'll pass, I don't want to rob my children just because my parent's generation did it to me. End the con now
Welfare and social security=money confiscated from taxpayers, including non-producers who live parasitically at society’s expense, and distributed as the producers of wealth see fit.
 

Emily

NSDAP Kanzler
What you call “free stuff” ... which is actually compensation to the working class for the labor it provides ... is a small part of the budget.

Last year, SS, Medicare, and Medicaid were 47% of federal spending.
It's projected to be 60% in 2020. *
"Other Mandatory" spending is primarily spending on other entitlement programs." **
40% of federal outlays in 2018 were for the "free stuff.

* https://www.thebalance.com/current-federal-mandatory-spending-3305772

** "Also known as entitlement spending, in US fiscal policy, mandatory spending is government spending on certain programs that are mandated by law.
Entitlement programs are social welfare programs with specific requirements.
Entitlement programs such as Social Security and Medicare make up the bulk of mandatory spending. ... Other mandatory spending programs include Income Security Programs such as the Earned Income Tax Cred, Supplemental Nutrition Assistance Program, Supplemental Security Income, Temporary Assistance for Needy Families and Unemployment Insurance. Federal Retirement programs for Federal and Civilian Military Retirees, Veterans programs, and various other programs that provide agricultural subsidies are also included in mandatory spending. Also included is smaller budgetary items, such as the salaries of Members of Congress and the President."

https://en.wikipedia.org/wiki/Mandatory_spending

Social security is not a “Ponzi scheme” because it does not rely on “investors” to fund the payouts ... those could be funded entirely via income taxes without any payroll tax whatsoever, the current funding mechanism is not the essential part of the program.
"How Social Security Funds Are Invested
When excess funds accumulate, they do not sit idly by. Instead, they are invested into special government bonds and made payable in the future to the trust fund. In short, the government borrows money from itself and issues itself a very unique IOU, which must be repaid from future tax receipts.
The government bonds themselves are considered to be U.S. Treasury debt securities and are interest-bearing, much like Treasury bills. Unlike other Treasury securities, however, these are not made available on the open market and have no market-based pricing tools. These securities are pegged to the interest rates earned by medium- and long-term Treasury bonds."
 

Nostra

Governor
Social security is not a “Ponzi scheme” because it does not rely on “investors” to fund the payouts ... those could be funded entirely via income taxes without any payroll tax whatsoever, the current funding mechanism is not the essential part of the program.
It relies on new contributors to pay for benefits of those no longer contributing.

Classic ponzi scheme.
 

middleview

President
Supporting Member
His money was spent as it came in like any other tax. Nothing was ever saved. Was the money you paid in taxes that went to the military saved in some sort of trust fund? Of course not. It was spent.

Not one dime of your Social Security check will be from money you paid because zero was saved.

Welfare = money confiscated from today's taxpayers and given to someone who didn't earn it

Social Security = money confiscated from today's taxpayers and given to someone who didn't earn it

Social Security = welfare.

The only difference is that when you rob your kids for your welfare check, you'll give them a tip. Psst, do the same to your kids ...

I'll pass, I don't want to rob my children just because my parent's generation did it to me. End the con now
So you are saying when you hit retirement age you will not apply for SS or Medicare?
 

redtide

Mayor
So you are saying when you hit retirement age you will not apply for SS or Medicare?
Given that by that time I will have had 50 plus years to plan for my retirement I would not necessarily be in a hurry to apply. But who knows maybe I would like to have a little extra $$ to buy ammo and maybe more to blow on travel and casinos.
 

middleview

President
Supporting Member
I think the fact that Obama hasn't endorsed Joe this go round tells us all we need to know about why he didn't run in 2016. An incumbent VP running without the endorsement of the POTUS is the kiss of death. He's hoping it won't be so glaringly obvious this time around.

Maybe Obama would have won - after all so did FDR after eight years of a failed economic agenda. The low information voters believed him when he said that was all the better we could expect. Of course we know now that was complete bullshit.
When was the last time the former president endorsed anyone during the primary.
 

redtide

Mayor
When was the last time the former president endorsed anyone during the primary.
The last election when obama went far beyond a mere endorsement of his successor. It did not end well for him and with any luck both of them will eventually be held to account for their crimes.
 

middleview

President
Supporting Member
The last election when obama went far beyond a mere endorsement of his successor. It did not end well for him and with any luck both of them will eventually be held to account for their crimes.
He did not endorse Hillary until after the primary.
 
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