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Old 08-07-2012, 11:51 PM   #76
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Re: New Retirees Receiving Less in Social Securty than they Paid in

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but simply a system that only ends up collapse. I guess we can keep the charade up for a while longer, though!
You mean life?
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Old 08-08-2012, 12:31 AM   #77
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Re: New Retirees Receiving Less in Social Securty than they Paid in

I think SS payouts out to double bwahahahaha.
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Old 08-08-2012, 05:33 AM   #78
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Re: New Retirees Receiving Less in Social Securty than they Paid in

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So it looks like my generation is screwed as far as SS goes. It's only getting worse in the future.
That's how SS works you do no pay in to SS and get that money back when you retire, the money you pay in goes to today's pensioners when you're retired your pension will be paid by the guys working at that time. With the population in most industrialized countries getting older the amount of workers per retiree gets smaller and this will lead either smaller pensions or/and higher retirement age, you could also get a healthier population pyramid by increasing immigration or having more kids. While the people yelling about SS being insolvent should be ignored you should expect your pensions to be worse then your parents(assuming you're not close to retiring atm).
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Old 08-08-2012, 09:55 AM   #79
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Re: New Retirees Receiving Less in Social Securty than they Paid in

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I've ignored your insult that I'm "dumb" for standing against theft on principle.

Still curious how I'm "wrong".
You uphold this principle by giving land back to Native Americans, I assume?
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Old 08-08-2012, 09:56 AM   #80
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Re: New Retirees Receiving Less in Social Securty than they Paid in

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Originally Posted by Subterranean2 View Post
That's how SS works you do no pay in to SS and get that money back when you retire, the money you pay in goes to today's pensioners when you're retired your pension will be paid by the guys working at that time. With the population in most industrialized countries getting older the amount of workers per retiree gets smaller and this will lead either smaller pensions or/and higher retirement age, you could also get a healthier population pyramid by increasing immigration or having more kids. While the people yelling about SS being insolvent should be ignored you should expect your pensions to be worse then your parents(assuming you're not close to retiring atm).
Or raise taxes. Which is how SS will get fixed in the long run anyway.
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Old 08-08-2012, 11:30 AM   #81
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Re: New Retirees Receiving Less in Social Securty than they Paid in

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You uphold this principle by giving land back to Native Americans, I assume?
inb4 the native americans mixed their labour with the land insufficiently
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Old 08-08-2012, 11:45 AM   #82
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You uphold this principle by giving land back to Native Americans, I assume?
I stole what now?
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Old 08-08-2012, 12:32 PM   #83
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Re: New Retirees Receiving Less in Social Securty than they Paid in

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For the people in 1930 who made it to a working age, whether it was 14 or 16 or 18 or whatever age people usually started working, and thus paying into the system, their life expectancy was significantly longer than 61. The life expectancy of 61 includes an awful lot of infant mortality.
Life expectancy at 65 was still only about 68 in the 30s, its closer to 84 now. Life expectancy at birth in the US is still skewed by very high infant mortality (a statistical/reporting anomaly when trying to compare with other countries) and also by a high accidental death/murder rate.

Increasing retirement age isnt even necessary. Just eliminate the increases for delayed retirement and retirement age issues will take care of themselves as the trend to work till later ages continues. Also eliminate the double dipping where a spouse can collect benefits while the worker remains employed and still earns those delayed retirement increases.
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Old 08-08-2012, 01:13 PM   #84
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Re: New Retirees Receiving Less in Social Securty than they Paid in

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I stole what now?
Theft by receiving.
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Old 08-08-2012, 01:19 PM   #85
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Re: New Retirees Receiving Less in Social Securty than they Paid in

Just raise the damned limit on income that is subject to SS taxes and be done with it and these threads.
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Old 08-08-2012, 01:33 PM   #86
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Re: New Retirees Receiving Less in Social Securty than they Paid in

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Theft by receiving.
By receiving what? I don't own any land. I've never received any land.

Why are you being so vague? Tell me specifically, what did I steal (...receive?)? When did I steal it?

You've obviously fallen very hard for the Orwellian brainwash (theft by receiving, lol) and so I'm not surprised you're having trouble getting your thoughts across in a clear and concise manner. Just try and say "Up is up, down is down" in the mirror several times a day, and after a few weeks I think some of the confusion should subside. You have to work at it.
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Old 08-08-2012, 01:36 PM   #87
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Re: New Retirees Receiving Less in Social Securty than they Paid in

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Just raise the damned limit on income that is subject to SS taxes and be done with it and these threads.
That would be a tax increase, no?

GOP wouldn't support it.
Dems continue to push for a lower employee side rates.

No go

The rich are really gonna get pounded in the future. There will be increases in capital gains and dividend taxes starting next year. Obama entire campaign is centered around tax hikes on the top bracket. My guess is they let all the bush tax cuts expire in order to get that. When we finally have the stomach to deal with ss/Medicare/Medicaid reform, I'd imagine we will be talking about increases then too.

Spoiler:
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Old 08-08-2012, 01:42 PM   #88
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Re: New Retirees Receiving Less in Social Securty than they Paid in

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Life expectancy at 65 was still only about 68 in the 30s, its closer to 84 now.
According to what link? All the google links I just looked at ("life expectancy at 65 in 1930 1940") show life expectancy to be 77.2 at age 65 in 1930, having increased now by 5 years since then to 82.

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Originally Posted by Dominator87 View Post
Increasing retirement age isnt even necessary. Just eliminate the increases for delayed retirement and retirement age issues will take care of themselves as the trend to work till later ages continues. Also eliminate the double dipping where a spouse can collect benefits while the worker remains employed and still earns those delayed retirement increases.
Collectivists' ends always seem to revolve around making the minions ( sub-political elite) work harder and longer. Why is that?
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Old 08-08-2012, 01:57 PM   #89
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Re: New Retirees Receiving Less in Social Securty than they Paid in

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Originally Posted by razrback View Post
By receiving what? I don't own any land. I've never received any land.

Why are you being so vague? Tell me specifically, what did I steal (...receive?)? When did I steal it?

You've obviously fallen very hard for the Orwellian brainwash (theft by receiving, lol) and so I'm not surprised you're having trouble getting your thoughts across in a clear and concise manner. Just try and say "Up is up, down is down" in the mirror several times a day, and after a few weeks I think some of the confusion should subside. You have to work at it.
You mean like how you say "taxation is theft!" over and over again?

But at least you live up to your dumb ideas by not buying any stolen land. Congrats.
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Old 08-08-2012, 02:02 PM   #90
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Re: New Retirees Receiving Less in Social Securty than they Paid in

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You mean like how you say "taxation is theft!" over and over again?

But at least you live up to your dumb ideas by not buying any stolen land. Congrats.
blah blah blah more vague obscurity, now back to the point. You've accused me of theft.

Quote:
Why are you being so vague? Tell me specifically, what did I steal (...receive?)? When did I steal it?
This should be easy, right? These are clear terms embedded in a clear and direct set of questions.
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