If you've listened to Biden, Republicans have taken a pledge not to cut SS or Medicare. So, since they [Republicans] have pledged to never ever ever ever cut SS and Medicare and they have equally pledged to never ever ever ever raise taxes how do they plan to keep both programs solvent?
PeterS wrote:
If you've listened to Biden, Republicans have taken a pledge not to cut SS or Medicare. So, since they [Republicans] have pledged to never ever ever ever cut SS and Medicare and they have equally pledged to never ever ever ever raise taxes how do they plan to keep both programs solvent?
Should not be a problem. Just keep providing C19 v*****e boosters for anyone who is still ignorant enough to take them. That will thin down the population before they start getting benefits, and raise the average IQ in America as a free bonus.
PeterS wrote:
If you've listened to Biden, Republicans have taken a pledge not to cut SS or Medicare. So, since they [Republicans] have pledged to never ever ever ever cut SS and Medicare and they have equally pledged to never ever ever ever raise taxes how do they plan to keep both programs solvent?
Deport the 20, million i******s
PeterS wrote:
If you've listened to Biden, Republicans have taken a pledge not to cut SS or Medicare. So, since they [Republicans] have pledged to never ever ever ever cut SS and Medicare and they have equally pledged to never ever ever ever raise taxes how do they plan to keep both programs solvent?
Conservatives yelled "liar" when he claimed they wanted to cut SS & Medicare. This is the worst SOTU I have ever witnessed.
AuntiE
Loc: 45th Least Free State
PeterS wrote:
If you've listened to Biden, Republicans have taken a pledge not to cut SS or Medicare. So, since they [Republicans] have pledged to never ever ever ever cut SS and Medicare and they have equally pledged to never ever ever ever raise taxes how do they plan to keep both programs solvent?
One step is to stop lending funds to the government. For 2022, the gross rate of return was 2.5% with the government only paying 1.4% interest on borrowed funds. Simply say no to the government using the funds.
Like it or not, the retirement age may have to be raised. Anecdotal there is not a single individual, in my community who is 65, has retired. We have several who are 70 and continue to work. The same policy for early retirees, as is current for those starting benefits at 62-63, could be in effect.
Those are just very quick thoughts.
Frankly, a high percentage of people could do a better job of managing those funds than has been done by the government.
They could start by getting rid of the democrats that solve a lot of the problem
AuntiE wrote:
One step is to stop lending funds to the government. For 2022, the gross rate of return was 2.5% with the government only paying 1.4% interest on borrowed funds. Simply say no to the government using the funds.
Like it or not, the retirement age may have to be raised. Anecdotal there is not a single individual, in my community who is 65, has retired. We have several who are 70 and continue to work. The same policy for early retirees, as is current for those starting benefits at 62-63, could be in effect.
Those are just very quick thoughts.
Frankly, a high percentage of people could do a better job of managing those funds than has been done by the government.
One step is to stop lending funds to the governmen... (
show quote)
Well, at least you made an attempt to address the problem. The current status of SS was set up under Reagan with a Democratic congress and centered around creating a surplus. Well, put a surplus of money in the hand of a politician, Democrat or Republican, and the money is going to be gone. So the question begged is how do they replenish the surplus they spent? Well, the only way to do that is to raise taxes somewhere on someone. And as you know Republicans have pledged to never raise taxes and since tonight they pledged to never go after SS or Medicare the programs are guaranteed to collapse on themselves unless someone has the courage to change them.
And it would be nice if most people could manage their own finances and do a better job than the government but of the people I've met, I seriously doubt it...t***h be told most people could save and invest and do quite well for themselves if they would simply commit to a modest savings program. But the simple fact of the matter we no longer save as a nation. If people don't know how to save or the value of saving that leaves a government program as the only other option.
And thanks for keeping it civil...
microphor wrote:
They could start by getting rid of the democrats that solve a lot of the problem
You would still have two programs that are on the verge of default with you conservatives pledging not to cut or to raise taxes to ensure solvency...
padremike wrote:
Conservatives yelled "liar" when he claimed they wanted to cut SS & Medicare. This is the worst SOTU I have ever witnessed.
The problem was he wasn't a liar because both programs have long been targets of Republicans as they believe that a privatized SS program and a voucher healthcare program would be much better than what we have now. I don't, as privatizing the programs will simply serve the wealth as most participants, including Republicans, would find themselves behind the 8 ball when it comes to their healthcare and retirement. A failure of either program would force the government to step back in and likely making matters worse than they were before. And what is "SOTU"? Am I supposed to understand what this means? I can't respond when what you write is nonsense...
PeterS wrote:
If you've listened to Biden, Republicans have taken a pledge not to cut SS or Medicare. So, since they [Republicans] have pledged to never ever ever ever cut SS and Medicare and they have equally pledged to never ever ever ever raise taxes how do they plan to keep both programs solvent?
Do you really think SS and Medicare are solvent?
Think again. Social Security Liabilities are at $22 TRILLION and climbing,
Medicare Liabilities are at $35 TRILLION and climbing.
Unfunded Liabilities are at $181 TRILLION and climbing.
Liability per Citizen is at $542,000.
PeterS wrote:
And what is "SOTU"? Am I supposed to understand what this means? I can't respond when what you write is nonsense...
State
Of
The
Union address.
The acronym has been around for quite a long time,
where you been?
PeterS wrote:
If you've listened to Biden, Republicans have taken a pledge not to cut SS or Medicare. So, since they [Republicans] have pledged to never ever ever ever cut SS and Medicare and they have equally pledged to never ever ever ever raise taxes how do they plan to keep both programs solvent?
Stop giving money to wetbacks. there's a start. Plenty of US citizens, LEGAL immigrants and REAL refugees who need help, thanks to your boy Biden's disaster of a presidency.
PeterS wrote:
The problem was he wasn't a liar because both programs have long been targets of Republicans as they believe that a privatized SS program and a voucher healthcare program would be much better than what we have now. I don't, as privatizing the programs will simply serve the wealth as most participants, including Republicans, would find themselves behind the 8 ball when it comes to their healthcare and retirement. A failure of either program would force the government to step back in and likely making matters worse than they were before. And what is "SOTU"? Am I supposed to understand what this means? I can't respond when what you write is nonsense...
The problem was he wasn't a liar because both prog... (
show quote)
SOTU is "State of the Union." You know, the speech your boy Biden gave? I can understand why you wouldn't know what this acronym means. It's only been around for about 40 years. When did you first begin to believe that abysmal ignorance was fashionable? Your responses are usually masterpieces of mendacity and misinformed bigotry.
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