+- CSNbbs (https://csnbbs.com)
+-- Forum: Active Boards (/forum-769.html)
+--- Forum: Lounge (/forum-564.html)
+---- Forum: The Spin Room (/forum-540.html)
+---- Thread: The Real Crisis Brewing (/thread-852287.html)
The Real Crisis Brewing - THE NC Herd Fan - 06-24-2018 08:11 PM
As Maxine (Maxi-pad) Waters and other LIBTARDS worry about illegals trying to enter the country aren't given open access there's a far more serious crisis facing US Citizens. For the first time since 1982, Social Security paid more in benefits than collected in taxes. If nothing changes we're at the end of the road. There's no kicking the can anymore, the longer congress waits the larger the crisis and the more drastic the measures needed to fix Social Security. Social Security has always been a ponzi scheme funded with government IOU's in the form of government debt. Now that revenues are not sufficient to pay benefits the fact that all the taxes collected are invested in US debt is going to render the program insolvent unless tax code is changed in increase revenues or investments are changed (not going to happen) to divest of US debt.
RE: The Real Crisis Brewing - stinkfist - 06-24-2018 08:21 PM
(06-24-2018 08:11 PM)THE NC Herd Fan Wrote: As Maxine (Maxi-pad) Waters and other LIBTARDS worry about illegals trying to enter the country aren't given open access there's a far more serious crisis facing US Citizens. For the first time since 1982, Social Security paid more in benefits than collected in taxes. If nothing changes we're at the end of the road. There's no kicking the can anymore, the longer congress waits the larger the crisis and the more drastic the measures needed to fix Social Security. Social Security has always been a ponzi scheme funded with government IOU's in the form of government debt. Now that revenues are not sufficient to pay benefits the fact that all the taxes collected are invested in US debt is going to render the program insolvent unless tax code is changed in increase revenues or investments are changed (not going to happen) to divest of US debt.
this is nothing aknew......you better hope you're 60 or older today.....
I turn 53 on ZERO's birthday......
why do you thing #costa is a real thingy for me.....
phuck 'em and pray for the #DJTexperiment to be successful......
it's always been a matter of numbers and the 'when' post 'boomer'
one was a dumbarse with numbers if they didn't see that coming.......
#consequenceofcapitalismboysandgirls
and it doesn't mean dick if you like it or not............
RE: The Real Crisis Brewing - THE NC Herd Fan - 06-24-2018 08:31 PM
(06-24-2018 08:21 PM)stinkfist Wrote:(06-24-2018 08:11 PM)THE NC Herd Fan Wrote: As Maxine (Maxi-pad) Waters and other LIBTARDS worry about illegals trying to enter the country aren't given open access there's a far more serious crisis facing US Citizens. For the first time since 1982, Social Security paid more in benefits than collected in taxes. If nothing changes we're at the end of the road. There's no kicking the can anymore, the longer congress waits the larger the crisis and the more drastic the measures needed to fix Social Security. Social Security has always been a ponzi scheme funded with government IOU's in the form of government debt. Now that revenues are not sufficient to pay benefits the fact that all the taxes collected are invested in US debt is going to render the program insolvent unless tax code is changed in increase revenues or investments are changed (not going to happen) to divest of US debt.
this is nothing aknew......you better hope you're 60 or older today.....
I turn 53 on ZERO's birthday......
why do you thing #costa is a real thingy for me.....
phuck 'em and pray for the #DJTexperiment to be successful......
it's always been a matter of numbers and the 'when' post 'boomer'
one was a dumbarse with numbers if they didn't see that coming.......
#consequenceofcapitalismboysandgirls
and it doesn't mean dick if you like it or not............
Means testing has been floated (mainly by libtards) which sucks for people who've worked hard and saved for the future. The government steals 13% of your income (6.5% from your paycheck and a forced match from employer unless you are among those that max out) with the promise of a benefit. Since all that money was "invested" in government debt it's really dependent on revenues always exceeding benefits.
RE: The Real Crisis Brewing - stinkfist - 06-24-2018 08:35 PM
(06-24-2018 08:31 PM)THE NC Herd Fan Wrote:(06-24-2018 08:21 PM)stinkfist Wrote:(06-24-2018 08:11 PM)THE NC Herd Fan Wrote: As Maxine (Maxi-pad) Waters and other LIBTARDS worry about illegals trying to enter the country aren't given open access there's a far more serious crisis facing US Citizens. For the first time since 1982, Social Security paid more in benefits than collected in taxes. If nothing changes we're at the end of the road. There's no kicking the can anymore, the longer congress waits the larger the crisis and the more drastic the measures needed to fix Social Security. Social Security has always been a ponzi scheme funded with government IOU's in the form of government debt. Now that revenues are not sufficient to pay benefits the fact that all the taxes collected are invested in US debt is going to render the program insolvent unless tax code is changed in increase revenues or investments are changed (not going to happen) to divest of US debt.
this is nothing aknew......you better hope you're 60 or older today.....
I turn 53 on ZERO's birthday......
why do you thing #costa is a real thingy for me.....
phuck 'em and pray for the #DJTexperiment to be successful......
it's always been a matter of numbers and the 'when' post 'boomer'
one was a dumbarse with numbers if they didn't see that coming.......
#consequenceofcapitalismboysandgirls
and it doesn't mean dick if you like it or not............
Means testing has been floated (mainly by libtards) which sucks for people who've worked hard and saved for the future. The government steals 13% of your income (6.5% from your paycheck and a forced match from employer unless you are among those that max out) with the promise of a benefit. Since all that money was "invested" in government debt it's really dependent on revenues always exceeding benefits.
which easily leads to 'where does it stop'.....
this is nothing but logic relative to how we squashed the british empire.....
RE: The Real Crisis Brewing - Kronke - 06-24-2018 08:35 PM
Need to raise the retirement age. Painless fix, and makes sense as people are living much longer now than when it was implemented.
RE: The Real Crisis Brewing - stinkfist - 06-24-2018 08:36 PM
(06-24-2018 08:35 PM)Kronke Wrote: Need to raise the retirement age. Painless fix, and makes sense as people are living much longer now than when it was implemented.
that solves what????
more specifically, what do you do when you lose your 125k jobs at 58 due to 'whatever-ism', eh?
RE: The Real Crisis Brewing - thespiritof1976 - 06-24-2018 08:38 PM
(06-24-2018 08:35 PM)Kronke Wrote: Need to raise the retirement age. Painless fix, and makes sense as people are living much longer now than when it was implemented.
I agree, and I also think the idea of retirement is much different too. Retiring at 65 ? Are you kidding me ? Mick Jagger is still rocking and rolling and he's at least 65.
When you are 65 you still have a good 20 years of viability left in the work force. Raise retirement to 75, IMO.
As for me, I'll work till the day I day - whether that is 85, 105, or 45.
RE: The Real Crisis Brewing - thespiritof1976 - 06-24-2018 08:40 PM
(06-24-2018 08:36 PM)stinkfist Wrote:(06-24-2018 08:35 PM)Kronke Wrote: Need to raise the retirement age. Painless fix, and makes sense as people are living much longer now than when it was implemented.
that solves what????
more specifically, what do you do when you lose your 125k jobs at 58 due to 'whatever-ism', eh?
In fairness, I think you raise a good point too.
All the more reason to build the wall and worry about dedicating resources to help American workers, not foreign ones.
RE: The Real Crisis Brewing - Crebman - 06-24-2018 08:43 PM
(06-24-2018 08:35 PM)Kronke Wrote: Need to raise the retirement age. Painless fix, and makes sense as people are living much longer now than when it was implemented.
That, and don't cap the top end of SS withholding.
RE: The Real Crisis Brewing - THE NC Herd Fan - 06-24-2018 08:44 PM
(06-24-2018 08:35 PM)Kronke Wrote: Need to raise the retirement age. Painless fix, and makes sense as people are living much longer now than when it was implemented.
I'm 55, I worry about making it to 65 (much less the 67.5 full benefit age). Most companies don't want people over 60 for a variety of reasons. Raise the age to 70 and you'll have a bunch of geriatrics trying to find work at Walmart and McDonalds. The problem isn't the retirement age, it's relying on current revenues to pay current benefits, that's a ponzi scheme.
RE: The Real Crisis Brewing - thespiritof1976 - 06-24-2018 08:45 PM
All the money this country has wasted for ridiculous cradle to grave welfare, taking care of illegals, endless foreign excursions to build up other countries is what, how many trillion ? 3 ? 4? 10 trillion ?
With all of that money we could have saving SS for retirees and funded a manned mission back to the Moon and then to Mars - several times over.
RE: The Real Crisis Brewing - thespiritof1976 - 06-24-2018 08:46 PM
(06-24-2018 08:44 PM)THE NC Herd Fan Wrote:(06-24-2018 08:35 PM)Kronke Wrote: Need to raise the retirement age. Painless fix, and makes sense as people are living much longer now than when it was implemented.
I'm 55, I worry about making it to 65 (much less the 67.5 full benefit age). Most companies don't want people over 60 for a variety of reasons. Raise the age to 70 and you'll have a bunch of geriatrics trying to find work at Walmart and McDonalds. The problem isn't the retirement age, it's relying on current revenues to pay current benefits, that's a ponzi scheme.
Don't you also get pennies back on the dollar, when factoring in how much you paid into the system ?
If so, what a load.
RE: The Real Crisis Brewing - stinkfist - 06-24-2018 08:50 PM
you guys really don't understand the end game of populated numbers vs. USD......
you're getting ready to see a wipe out that hasn't been seen in 100 yrs.....
commerce and value received has completely changed......it's staring you in the face.....
why do you think it was always #costa.....
it's coming within a decade.....best guess.....
RE: The Real Crisis Brewing - TechRocks - 06-24-2018 08:50 PM
(06-24-2018 08:38 PM)thespiritof1976 Wrote:(06-24-2018 08:35 PM)Kronke Wrote: Need to raise the retirement age. Painless fix, and makes sense as people are living much longer now than when it was implemented.
I agree, and I also think the idea of retirement is much different too. Retiring at 65 ? Are you kidding me ? Mick Jagger is still rocking and rolling and he's at least 65.
When you are 65 you still have a good 20 years of viability left in the work force. Raise retirement to 75, IMO.
As for me, I'll work till the day I day - whether that is 85, 105, or 45.
I'll be 65 within a month. Trust me, there ain't 20 years of viability left in this carcass. I'm going to collect full benefits baby!!!
Oooops, I lied. A month and 3 days.
RE: The Real Crisis Brewing - THE NC Herd Fan - 06-24-2018 08:50 PM
(06-24-2018 08:46 PM)thespiritof1976 Wrote:(06-24-2018 08:44 PM)THE NC Herd Fan Wrote:(06-24-2018 08:35 PM)Kronke Wrote: Need to raise the retirement age. Painless fix, and makes sense as people are living much longer now than when it was implemented.
I'm 55, I worry about making it to 65 (much less the 67.5 full benefit age). Most companies don't want people over 60 for a variety of reasons. Raise the age to 70 and you'll have a bunch of geriatrics trying to find work at Walmart and McDonalds. The problem isn't the retirement age, it's relying on current revenues to pay current benefits, that's a ponzi scheme.
Don't you also get pennies back on the dollar, when factoring in how much you paid into the system ?
If so, what a load.
Exactly it's not just the 6.5% you put in but the 6.5% employers have to match. If that were invested, even conservatively, in the free market your payout would be much better an fully funded. Think of all the people that die before retirement and never collect a penny.
RE: The Real Crisis Brewing - THE NC Herd Fan - 06-24-2018 08:51 PM
(06-24-2018 08:50 PM)TechRocks Wrote:(06-24-2018 08:38 PM)thespiritof1976 Wrote:(06-24-2018 08:35 PM)Kronke Wrote: Need to raise the retirement age. Painless fix, and makes sense as people are living much longer now than when it was implemented.
I agree, and I also think the idea of retirement is much different too. Retiring at 65 ? Are you kidding me ? Mick Jagger is still rocking and rolling and he's at least 65.
When you are 65 you still have a good 20 years of viability left in the work force. Raise retirement to 75, IMO.
As for me, I'll work till the day I day - whether that is 85, 105, or 45.
I'll be 65 within a month. Trust me, there ain't 20 years of viability left in this carcass. I'm going to collect full benefits baby!!!
Definitely don't wait till 67, I read an article about waiting till full benefit age, for most people it's not worth it.
RE: The Real Crisis Brewing - stinkfist - 06-24-2018 08:52 PM
(06-24-2018 08:50 PM)TechRocks Wrote:(06-24-2018 08:38 PM)thespiritof1976 Wrote:(06-24-2018 08:35 PM)Kronke Wrote: Need to raise the retirement age. Painless fix, and makes sense as people are living much longer now than when it was implemented.
I agree, and I also think the idea of retirement is much different too. Retiring at 65 ? Are you kidding me ? Mick Jagger is still rocking and rolling and he's at least 65.
When you are 65 you still have a good 20 years of viability left in the work force. Raise retirement to 75, IMO.
As for me, I'll work till the day I day - whether that is 85, 105, or 45.
I'll be 65 within a month. Trust me, there ain't 20 years of viability left in this carcass. I'm going to collect full benefits baby!!!
Oooops, I lied. A month and 3 days.
XACLY!!!
as would I or me mum and pops are doing to this day........
RE: The Real Crisis Brewing - TechRocks - 06-24-2018 08:56 PM
(06-24-2018 08:52 PM)stinkfist Wrote:(06-24-2018 08:50 PM)TechRocks Wrote:(06-24-2018 08:38 PM)thespiritof1976 Wrote:(06-24-2018 08:35 PM)Kronke Wrote: Need to raise the retirement age. Painless fix, and makes sense as people are living much longer now than when it was implemented.
I agree, and I also think the idea of retirement is much different too. Retiring at 65 ? Are you kidding me ? Mick Jagger is still rocking and rolling and he's at least 65.
When you are 65 you still have a good 20 years of viability left in the work force. Raise retirement to 75, IMO.
As for me, I'll work till the day I day - whether that is 85, 105, or 45.
I'll be 65 within a month. Trust me, there ain't 20 years of viability left in this carcass. I'm going to collect full benefits baby!!!
Oooops, I lied. A month and 3 days.
XACLY!!!
as would I or me mum and pops are doing to this day........
LOL when you're young and full of piss and vinegar......."yeah, I'll work till I'm 85. Piece of cake".
Honestly, even into my 50's I still felt like I was 30 and did just about whatever the hell I wanted. But man, when I turned 60 it was like hitting a brick wall.
RE: The Real Crisis Brewing - thespiritof1976 - 06-24-2018 09:00 PM
(06-24-2018 08:50 PM)TechRocks Wrote:(06-24-2018 08:38 PM)thespiritof1976 Wrote:(06-24-2018 08:35 PM)Kronke Wrote: Need to raise the retirement age. Painless fix, and makes sense as people are living much longer now than when it was implemented.
I agree, and I also think the idea of retirement is much different too. Retiring at 65 ? Are you kidding me ? Mick Jagger is still rocking and rolling and he's at least 65.
When you are 65 you still have a good 20 years of viability left in the work force. Raise retirement to 75, IMO.
As for me, I'll work till the day I day - whether that is 85, 105, or 45.
I'll be 65 within a month. Trust me, there ain't 20 years of viability left in this carcass. I'm going to collect full benefits baby!!!
Oooops, I lied. A month and 3 days.
OK, fair enough but consider this: I'm 42. I have pushed myself and pushed myself. It's all I know. If my heart blows up before then, I would rather them kill me painlessly than live as a vegetable.
Of course, I have never smoked or done drugs or drink so I stand a decent chance of reaching 80 in decent health.
Go back to when you were 42. I am sure you thought you were still going for another 42 years, lol.... (respect given, trust me)
RE: The Real Crisis Brewing - stinkfist - 06-24-2018 09:11 PM
(06-24-2018 09:00 PM)thespiritof1976 Wrote:(06-24-2018 08:50 PM)TechRocks Wrote:(06-24-2018 08:38 PM)thespiritof1976 Wrote:(06-24-2018 08:35 PM)Kronke Wrote: Need to raise the retirement age. Painless fix, and makes sense as people are living much longer now than when it was implemented.
I agree, and I also think the idea of retirement is much different too. Retiring at 65 ? Are you kidding me ? Mick Jagger is still rocking and rolling and he's at least 65.
When you are 65 you still have a good 20 years of viability left in the work force. Raise retirement to 75, IMO.
As for me, I'll work till the day I day - whether that is 85, 105, or 45.
I'll be 65 within a month. Trust me, there ain't 20 years of viability left in this carcass. I'm going to collect full benefits baby!!!
Oooops, I lied. A month and 3 days.
OK, fair enough but consider this: I'm 42. I have pushed myself and pushed myself. It's all I know. If my heart blows up before then, I would rather them kill me painlessly than live as a vegetable.
Of course, I have never smoked or done drugs or drink so I stand a decent chance of reaching 80 in decent health.
Go back to when you were 42. I am sure you thought you were still going for another 42 years, lol.... (respect given, trust me)
simply for levity.....when I turned 40, I deemed it as the age of the "glorious sword".......
I was lucky enough to have the genes and bank acct that saw a female 20 yrs. both forward and backwards.....
#rangereigned
I hit the wall at 50 in the pain threshold of 'fk me'......it was inevitable and I don't biatch about it.....
if one sees 60 w/o issues, they're the biatch master blaster w/o a blue or any color pill......