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Post by birdgal on May 23, 2023 12:03:17 GMT -5
Social Security is not a handout! It was a promise and it was my money!
If somebody tells you they are going to take money out of your paycheck and put it away for you, so when your retire you will be secure. That's not a handout. Is it?
I was 17 when I started working. Retiring was not on my mind. It's not a handout. It's a broken promise and, one more time with feeling, it's my money!
Stop making it sound like it's a handout! You are handing me back my own money! How the Hell can my own money be a handout? I don't get it. Can someone explain that? Oh, and slowly please. I'm not a teenager anymore. Lol.
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Post by notbob on May 23, 2023 15:06:56 GMT -5
Social Security is not a handout! It was a promise and it was my money! If somebody tells you they are going to take money out of your paycheck and put it away for you, so when your retire you will be secure. That's not a handout. Is it? I was 17 when I started working. Retiring was not on my mind. It's not a handout. It's a broken promise and, one more time with feeling, it's my money! Stop making it sound like it's a handout! You are handing me back my own money! How the Hell can my own money be a handout? I don't get it. Can someone explain that? Oh, and slowly please. I'm not a teenager anymore. Lol. To be fair, only half is "your money." Your employer(s) paid the other half. Regardless, you're right. Any cuts to SS represent a broken promise. The Right represents corporate interests, so cutting SS represents a "tax" cut" for businesses while incurring losses on the working class. Supposedly, SS was intended to be a "supplement," however, all too often it is the only income many of us have after we can no longer work due to age. Right now, that age is basically set for everyone at 65. The GOP wants to raise that age and/or make a risky decision to privatize the administration of those funds. Privatizing SS would turn it into a for-profit business that would involve making potentially investments. I'm not willing to take risks with my retirement funds. In addition, rich and powerful people are salivating at the chance to get at the vast sum of money we've tucked away that provides at least some level of security for us in our golden years. Privatization would undoubtedly invite corruption. Again, to be fair, I had to pay into SS based on every penny I earned since I never made enough to hit the amount where I wouldn't have to pay anymore. That makes me wonder, why is there a limit? Setting a limit (over $150K now I believe) is yet another tax cut for businesses and those who make higher incomes. The people and businesses who can best afford to pay get a break while the rest of us (by far, most of us) don't. If there were no limit, we would never have a problem funding SS. Let's also not forget the $1.7 trillion borrowed from SS by the government's general fund that has never been paid back.
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Post by 2old on Jun 15, 2023 14:01:04 GMT -5
The Republicans at the State of the Union booed the thought of cutting Social Security and/or Medicare. During recent negotiations re the debt ceiling, McCarthy supposedly said hands would be off Social Security and/or Medicare.
McCarthy appointed a committee to assess Social Security and Medicare. Today they announced cuts in both. They want to raise the retirement age to 69. That would mean people working until almost 70 before they can draw on their SSA account. To effect this, the will not raise the maximum amount the wealthy can be hit with SSA contributions. Hence, the wealthy stay wealthy while the working class slaves away until they die at their workplace. The waiting period for disability payments through SSA will be raised from 2 years to 5 years. Many will be bankrupted, evicted from their homes, and left on the street because they are too ill to work but have to wait 5 years before accessing their funds.
Medicare is proposed to move to a voucher system. The GOP proposal does away with the ability to negotiate drug prices and the low insulin cost will be negated.
Before anything happens with this, the Senate would have to approve it. They probably won't. If they do pass it, Biden already says he'll veto. The vote in the House was close enough to assure the 60% required to overturn a veto is not there.
If this would pass, the idea would at almost $3 trillion to the deficit. So much for the Party of fiscal responsibility.
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Post by notbob on Jun 15, 2023 15:01:14 GMT -5
The Republicans at the State of the Union booed the thought of cutting Social Security and/or Medicare. During recent negotiations re the debt ceiling, McCarthy supposedly said hands would be off Social Security and/or Medicare. McCarthy appointed a committee to assess Social Security and Medicare. Today they announced cuts in both. They want to raise the retirement age to 69. That would mean people working until almost 70 before they can draw on their SSA account. To effect this, the will not raise the maximum amount the wealthy can be hit with SSA contributions. Hence, the wealthy stay wealthy while the working class slaves away until they die at their workplace. The waiting period for disability payments through SSA will be raised from 2 years to 5 years. Many will be bankrupted, evicted from their homes, and left on the street because they are too ill to work but have to wait 5 years before accessing their funds. Medicare is proposed to move to a voucher system. The GOP proposal does away with the ability to negotiate drug prices and the low insulin cost will be negated. Before anything happens with this, the Senate would have to approve it. They probably won't. If they do pass it, Biden already says he'll veto. The vote in the House was close enough to assure the 60% required to overturn a veto is not there. If this would pass, the idea would at almost $3 trillion to the deficit. So much for the Party of fiscal responsibility. Every time I turn around, I find myself liking what Republicans are doing, because every time I turn around, Republicans are giving Democrats more ammunition.
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Post by birdgal on Jun 17, 2023 11:01:47 GMT -5
I can not understand how any decent American can be a Republican these days. Unless they are rolling in money and don't need to depend on what they call handouts.
There are also many people who aren't interested at all in politics. That's bad and sad for US because politics is certainly interested in them, and not in a good or beneficial way all the time.
They will be the first to complain when their lives are a mess because of greedy politicians. Too little too late. That's okay though. They'll blame the Democrats anyway.
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