Trump has decided cutting Social Security and Medicare isn't such a great idea
Mar 15, 2024 23:57:42 #
JFlorio
Loc: Seminole Florida
Digger47 wrote:
The good news is that I am now cancer free!!!
That is good news. Congratulations. Been there. Done that.
Mar 16, 2024 00:01:54 #
Mar 16, 2024 00:24:22 #
Thanks you guys and gals! The point I am trying to make is we need to convince our government that social security and Medicare need to protected like other retirement programs are.
Mar 16, 2024 07:55:18 #
JFlorio
Loc: Seminole Florida
Digger47 wrote:
Thanks you guys and gals! The point I am trying to make is we need to convince our government that social security and Medicare need to protected like other retirement programs are.
They know this. The problem is simple math. There is a higher ratio of those receiving benefits compared to those putting in than there was in the past. they should grandfather those in who wish for the old social security and give options to younger workers.
Mar 16, 2024 09:15:07 #
Coos Bay Tom
Loc: coos bay oregon
son of witless wrote:
Whether it is Trump or some other President. The dirty little secret that Democrats are lying about is this. Social Security and Medicare will be cut. There is no way around that. You of course know I am right. You simply refuse to admit it.
You are so negative and judgemental---
Mar 16, 2024 09:21:59 #
RascalRiley wrote:
A lot is going to be cut.
We have lived beyond our means for far too long.
We have lived beyond our means for far too long.
WHAT ???????????????????????????????????????????????????????????????????????????????????????????????????
Are you admitting that Donald J. Trump has been right all along ???????????????????????????????????????????
Well shazzam !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Mar 16, 2024 09:52:53 #
jimpack123
Loc: wisconsin
JFlorio wrote:
If anyones interested I have submitted a plan to my local congressman. Based on age.
that would be interesting to read
Mar 16, 2024 10:10:56 #
JFlorio
Loc: Seminole Florida
jimpack123 wrote:
that would be interesting to read
I will give the short version.
1) Anyone who wants to stay in the present system may
2) For wage earners 20 yrs old to 30 you can put in an investment portfolio managed much like an IRA. You choose the custodian. Must be a fiduciary and cannot access money until age 62. (Same percentages as present for full retirement age, with same deductions for taking retirement early). The portfolio can be up to 60% Equities (Stocks) and 40% fixed or safe. Such as treasuries, Fixed annuities, and AAA rated bonds.
3) Wage earners from 30 to 40. Same investments; 50% Equities, 50% fixed
4) Wage earners from 40 to 50. Same investments; 40% Equities, 60% fixed
5) Wage earners from 50 to 60. Same investments; 30% Equities, 70% Fixed.
More to it, but that's an outline. Statistics prove this would generate much more retirement money in the future per individual.
Mar 16, 2024 10:27:46 #
JFlorio wrote:
I will give the short version. br 1) Anyone who w... (show quote)
That actually sounds good.
Mar 16, 2024 10:32:29 #
Mar 16, 2024 10:41:19 #
jimpack123
Loc: wisconsin
JFlorio wrote:
I will give the short version. br 1) Anyone who w... (show quote)
This sounds good as you are leaving it alone for the ones who over 60, but what about people who are disabled at a young age? how would you protect them with his version of Social Security?
This sounds similar to Bush's plan privatize Social Security
Mar 16, 2024 10:50:47 #
JFlorio
Loc: Seminole Florida
jimpack123 wrote:
This sounds good as you are leaving it alone for the ones who over 60, but what about people who are disabled at a young age? how would you protect them with his version of Social Security?
This sounds similar to Bush's plan privatize Social Security
This sounds similar to Bush's plan privatize Social Security
Would not change social security disability. Remember those same people are getting disability now and not paying in.
Mar 16, 2024 10:51:30 #
JFlorio
Loc: Seminole Florida
jimpack123 wrote:
This sounds good as you are leaving it alone for the ones who over 60, but what about people who are disabled at a young age? how would you protect them with his version of Social Security?
This sounds similar to Bush's plan privatize Social Security
This sounds similar to Bush's plan privatize Social Security
Read it again. I’m leaving it alone for anyone who wants to stay in the old system.
Mar 16, 2024 12:54:00 #
jimpack123
Loc: wisconsin
JFlorio wrote:
Read it again. I’m leaving it alone for anyone who wants to stay in the old system.
I would still raise the income level to stop paying into Social Security to 400,000, other than that I think that it would be a good idea
Mar 16, 2024 13:01:08 #
Digger47 wrote:
The good news is that I am now cancer free!!!
How absolutely wonderful for you!!
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