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Old 02-03-2013, 07:05 AM  
Direckshun Direckshun is offline
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How would Americans strengthen social security?

This is how:



Blue is the percentage of people that support that particular reform -- red is people that do not support it (dark blue is "strongly," light blue is "lightly"; same is true for red).

This is based on a study by the National Academy of Social Insurance: http://www.nasi.org/sites/default/fi...icans_Want.pdf

The conclusions section is on page 29, and it starts off with this:



I'm not the kind of guy who believes we should always do as the polls dictate, but these are some ridiculously lopsided polls.
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Old 02-04-2013, 07:49 AM   #16
petegz28 petegz28 is offline
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Originally Posted by BigRedChief View Post
Social Security is fine for another 25 years. It's so healthy we keep taking money out of it to pay for other things. The issue is people taking out money that never paid in and people getting 3X the money they put into the fund.

That being said, it still needs to be fixed for even more of a long term solution. Retirement is a long term plan.

Maybe means testing. If you have plenty of money you don't get the check. If your fortunes change, you get the money and back date to when you would have started drawing.

Raise the age to 67 for everyone 50 and under

Raise the FICA tax in paychecks
how does raising the FICA tax fix people getting more than they paid in?
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Old 02-04-2013, 07:52 AM   #17
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Quote:
Originally Posted by BigRedChief View Post
Social Security is fine for another 25 years. It's so healthy we keep taking money out of it to pay for other things. The issue is people taking out money that never paid in and people getting 3X the money they put into the fund.

That being said, it still needs to be fixed for even more of a long term solution. Retirement is a long term plan.

Maybe means testing. If you have plenty of money you don't get the check. If your fortunes change, you get the money and back date to when you would have started drawing.

Raise the age to 67 for everyone 50 and under

Raise the FICA tax in paychecks
"Fine for another 25 years" is (a) an overstatement, and (b) another way of admitting that it's insolvent and will go broke in 25 years if we don't make a change.

It's an overstatement because it might seem "fine" now when the go-broke date is 25 years away, but it won't seem so "fine" 15 or 20 years from now when it's balooning the deficit (as a result of it's requirements for repayment) and on the verge of being broke.
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Old 02-04-2013, 07:53 AM   #18
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Quote:
Originally Posted by BigRedChief View Post
Raise the FICA tax in paychecks


Why? I'm already paying 6.4% and my employer does too. You want more than 13%? Seriously, you want to ADD to that total?
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Old 02-04-2013, 07:54 AM   #19
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Quote:
Originally Posted by BigRedChief View Post
Raise the age to 67 for everyone 50 and under

Raise the FICA tax in paychecks
Thats bullshit & it wont be 67,more like 69 or 70.
Im not a baby boomer. I didnt **** it up nor did my generation or those that come after me. I love how America' thinks & works now
Im a baby boomer. Lets just pass the bills off to our children & grand kids FORWARD!


This is what I think of that idea..

Last edited by LiveSteam; 02-04-2013 at 08:06 AM..
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Old 02-04-2013, 08:02 AM   #20
Garcia Bronco Garcia Bronco is offline
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Figure for those born in the 70's and early 80's will get payouts of 25 percent less than today. Figure that you'll have to work 3-6 years longer and figure in the ever shrinking purchase power of dollar and you have a retirement vehicle that doesn't really exist and is completely unreliable.

You'd have to be dumber than a bag of hammers to ever think you could depend on this garbage so it makes little sense to support it.

Either the people answering this poll are stupid, or the outcome of the poll is completely FOS. I am betting the latter.
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Old 02-04-2013, 08:05 AM   #21
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Originally Posted by BigRedChief View Post
Raise the FICA tax in paychecks
FICA just went up 2 percent. And no SS is not so strong that it can be borrowed from. That's also stupid. It the borrowing from it that has caused many of these problems we now face.
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Old 02-04-2013, 08:10 AM   #22
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I don't think the problem is how much we pay. I think the problem is how much the Fed Gov spends. But.....
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Old 02-04-2013, 08:19 AM   #23
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Screw punishing me for what a bunch of tree hugging hippies from the 60s are responsible for.
You hippies all thought Haight Ashbury San-Francisco was so cool. I suggest taking you next SS check buy 30 lbs of card board, move back & set up shop
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Old 02-04-2013, 08:20 AM   #24
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Originally Posted by petegz28 View Post
I don't think the problem is how much we pay. I think the problem is how much the Fed Gov spends. But.....
Of course its the problem. It's the same problem you would have in your household if you are engaged in deficit spending, and the only solution is to reduce spending.
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Old 02-04-2013, 08:25 AM   #25
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Old 02-04-2013, 08:30 AM   #26
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Originally Posted by Garcia Bronco View Post
Figure for those born in the 70's and early 80's will get payouts of 25 percent less than today. Figure that you'll have to work 3-6 years longer and figure in the ever shrinking purchase power of dollar and you have a retirement vehicle that doesn't really exist and is completely unreliable.

You'd have to be dumber than a bag of hammers to ever think you could depend on this garbage so it makes little sense to support it.

Either the people answering this poll are stupid, or the outcome of the poll is completely FOS. I am betting the latter.
I've just completely written it off in my mind and I don't expect that I will see a dime of what I pay in. If I do end up getting something, it'll be a nice bonus that I can use to buy a hamburger or something once a month. If I don't get anything, I just consider what I pay in just be another form of taxation.
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Old 02-04-2013, 09:06 AM   #27
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the R's responses are so predictable. I have no idea why I'm surprised anymore.

The Social security system has always been the current generation paying for the past generation. Your grandkids are going to be complaining about you not paying enough into the system.

Whether you like it or not the solution is to raise more revenue, raise the age and mean test. There is no magic bullet and your BS we can just cut our way out of this mess doesn't apply to this issue.

Social Security is not a R or D issue. Only the 1%'rs will never need and or use the money in retirement. The rest of the 99% have skin in the game.
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Old 02-04-2013, 09:23 AM   #28
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Originally Posted by BigRedChief View Post
the R's responses are so predictable. I have no idea why I'm surprised anymore.

The Social security system has always been the current generation paying for the past generation. Your grandkids are going to be complaining about you not paying enough into the system.

Whether you like it or not the solution is to raise more revenue, raise the age and mean test. There is no magic bullet and your BS we can just cut our way out of this mess doesn't apply to this issue.

Social Security is not a R or D issue. Only the 1%'rs will never need and or use the money in retirement. The rest of the 99% have skin in the game.
You proposed two methods of cutting our way out of this mess yourself.

It appears that d's are pretty predictable too. They generally don't admit to understanding the problem we have with entitlements.
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Old 02-04-2013, 09:44 AM   #29
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Quote:
Originally Posted by BigRedChief View Post
the R's responses are so predictable. I have no idea why I'm surprised anymore.

The Social security system has always been the current generation paying for the past generation. Your grandkids are going to be complaining about you not paying enough into the system.

Whether you like it or not the solution is to raise more revenue, raise the age and mean test. There is no magic bullet and your BS we can just cut our way out of this mess doesn't apply to this issue.

Social Security is not a R or D issue. Only the 1%'rs will never need and or use the money in retirement. The rest of the 99% have skin in the game.
I know it sounds harsh, but I'd prefer people are responsible for themselves, and their families. Starting with myself.

I actually don't mind the safety net, but one should get out what they put in, not 10's-100's of times as much. I have a huge problem with people putting in $20-$30k in their lifetime and then drawing out $300k before they die. That's a huge, huge problem.
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Old 02-04-2013, 09:47 AM   #30
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Originally Posted by patteeu View Post
You proposed two methods of cutting our way out of this mess yourself.

It appears that d's are pretty predictable too. They generally don't admit to understanding the problem we have with entitlements.
I agree that the D's have the same issue with entitlements as republicans have with raising taxes. They both see them as compromising their principles. But, both sides of the aisles are wrong.

Each side of the political party's has a beloved president that compromised for the benefit of the country. Unless you want a dictatorship, compromise is how we will govern this country for the foreseeable future.

Yes, I realize that I proposed cuts but without the revenue part, it will never pass.
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