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View Poll Results: What do you think?
Yes, socialism is bad! 7 33.33%
No, I love socialism! 14 66.67%
Voters: 21. You may not vote on this poll
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Washington DC and The Holy Land>Should we cut Social Security and Medicare benefits?
NJChiefsFan27 01:14 PM 02-25-2020
Scientific poll incoming!
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F150 01:55 PM 02-25-2020
55 and over...full benefits

45-55.....announce reduced benefits and establish a savings option of some amount/govt match to some %, will continue to pay in to fund 55 and over until they are gone (dead)

30-45...limited benefits, will continue to pay in to fund 55 and over until they are gone (dead)

Under 30, no benefits, limited tax to pay off the remaining owed
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BucEyedPea 01:59 PM 02-25-2020
Poll sucks -- is a complete joke.
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Rain Man 01:59 PM 02-25-2020
Originally Posted by BleedingRed:
Sure but those people would have been much better off had their money gone into a ****ing IRA or 401k instead of SS
It wouldn't have been their money, though. Lower income people are subsidized by higher income people.

I just did a huge study on retirement, and social security is absolutely vital if you don't want old people starving in the streets. Most people simply don't save or can't save. I think the answer to solvency is in raising the benefits age to account for longer lifespans.
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RunKC 02:06 PM 02-25-2020
Rain man is right. 30% of Baby Boomers donít have a 401k. A lot of jobs donít offer that.

Anyone with a family is struggling to add a lot to an IRA.

We need SS and medicare
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Otter 02:09 PM 02-25-2020
Originally Posted by RunKC:
Rain man is right. 30% of Baby Boomers donít have a 401k. A lot of jobs donít offer that.

Anyone with a family is struggling to add a lot to an IRA.

We need SS and medicare
No, "we" don't.

Some of us are better at managing our money and lifestyle so we don't require the government to step in for us. Those who can't are more than welcome to take part in the program. I'd be more than happy to sign an opt out form with a refund and no chance of future SS entitlements.
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BucEyedPea 02:12 PM 02-25-2020
Originally Posted by RunKC:
Rain man is right. 30% of Baby Boomers donít have a 401k. A lot of jobs donít offer that.
That means 70% do, which is actually an excellent percentage.
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BucEyedPea 02:13 PM 02-25-2020
I don't consider SS and Medicare to be socialism. People pay into them. One could consider being forced by the central govt to pay into them, fascist. They are not strictly an entitlement.
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Just Passin' By 02:14 PM 02-25-2020
Originally Posted by RunKC:
We need SS and medicare

:-)
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BigBeauford 02:14 PM 02-25-2020
Imagine a scene with tens of millions of elderly and near retirement people taking to the streets and wrecking shop. I promise that would happen without SS. It's a very small price that we pay to keep the peace.
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BucEyedPea 02:14 PM 02-25-2020
Originally Posted by Rain Man:
It wouldn't have been their money, though. Lower income people are subsidized by higher income people.

I just did a huge study on retirement, and social security is absolutely vital if you don't want old people starving in the streets. Most people simply don't save or can't save. I think the answer to solvency is in raising the benefits age to account for longer lifespans.
Was that happening before we had SS?

I thought families took care of each other more, with extended families -- even under one roof, or took grandparents in. People do find ways to adapt to life.
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BucEyedPea 02:17 PM 02-25-2020
Originally Posted by BigBeauford:
Imagine a scene with tens of millions of elderly and near retirement people taking to the streets and wrecking shop. I promise that would happen without SS. It's a very small price that we pay to keep the peace.
More evidence you are NO libertarian. No, voting for one, does NOT make you one. It means you voted for one. This is just a standard mainstream Democrat position. It is a statist position. Libertarians are anti-state.
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IowaHawkeyeChief 02:18 PM 02-25-2020
SS was used as a tool against the right for 30+ years through fear mongering. SS was set up when the average life expectancy was 61 and recipients would receive at 65. Current life expectancy is 79. We should have indexed benefit start dates to actuarial life tables long ago. This would have drastically helped this reallocation of wealth.

This program has also created dependency, as many who could have saved more for their retirement, chose not to with SS as their only means of subsistence. These folks are drastically underfunded due to lack of personal responsibility.

Medicare is a similar program and start date should have been indexed with life expectancy. It also has lead to dependency, which created priority conflict in many Americans lives who are underfunded for medical care as well.

These should have been used as a safety net for non-able bodied individuals. Not a dependent option. A lot of able bodied people saved little for retirement but lived a life well above their true means. Also a lot of healthy people who lived a healthy lifestyle have to support folks who chose to eat poorly, and drink and smoke in excess and our a huge burden on Medicare. Personal responsibility is penalized in this country...
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BigBeauford 02:20 PM 02-25-2020
Originally Posted by BucEyedPea:
More evidence you are NO libertarian. No, voting for one, does NOT make you one. It means you voted for one. This is just a standard mainstream Democrat position. It is a statist position. Libertarians are anti-state.
You are fucking clueless. Yes, I wish upon all my might that a huge segment of the country weren't a bunch of dipshits who cant save money, take care of themselves, or stop having needless children. But that isn't reality. If you are one of those dumbass people, and you cannot rely on social security, are you going to sit in a corner and cry until you starve to death, or are you going to steal and kill to survive?
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IowaHawkeyeChief 02:20 PM 02-25-2020
Originally Posted by NJChiefsFan27:
Studies show that saving and not living above your means in your pre-retirement years is key in terms of keeping the elderly out of poverty.
FYP
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Pennywise 02:23 PM 02-25-2020
Originally Posted by BigBeauford:
You are ****ing clueless. Yes, I wish upon all my might that a huge segment of the country weren't a bunch of dipshits who cant save money, take care of themselves, or stop having needless children. But that isn't reality. If you are one of those dumbass people, and you cannot rely on social security, are you going to sit in a corner and cry until you starve to death, or are you going to steal and kill to survive?

If you are one of those people you vote Democrat.
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