75% of Repub candidates want to cut Social Security

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  • rkelly110
    BARRELED IN @ SBR!
    • 10-05-09
    • 39691

    #1
    75% of Repub candidates want to cut Social Security
    Last Repub debate, we heard 3 of 4 candidates wanting to raise the retirement age, privatize and cut benefits.

    Those of age know in 2008 our 401ks took major hits unlike SS which stayed solvent.

    If those candidates privatize SS it could look like your 401k of '08. If you live long enough to
    retire and your privatized SS takes a dump at any time during your retirement, you will receive less
    come retirement.

    IDK how many in congress feel the same way, but I would say 75% of congressional Repubs probably
    think the same thing. Is that looking out for your best interests down the road?

    You young guys want to work until you're 70? You do? Vote Repub.

    The one who doesn't want to touch SS is Trump, but he didn't say that in the past. He called SS a ponzi
    scheme.

    Read more here: http://www.huffingtonpost.com/nancy-..._9447206.html?
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #2
    They are onto something
    Comment
    • mpaschal34
      SBR Posting Legend
      • 02-04-13
      • 12087

      #3
      How about finding a good job, save money, and then retire around 60?
      Comment
      • lakerboy
        SBR Aristocracy
        • 04-02-09
        • 94379

        #4
        Originally posted by mpaschal34
        How about finding a good job, save money, and then retire around 60?
        Sounds easy. Pretty hard to save when wages don't go up with prices.
        Comment
        • rkelly110
          BARRELED IN @ SBR!
          • 10-05-09
          • 39691

          #5
          Employers match employees SS. The US is becoming a corporate state. Are companies behind the anti SS talk?
          Repubs are owned by corporations. It's naturally assumed Repub candidates would push for SS reform.

          Jobs are scarce because old people can't live off SS now as it is and are still working. Of those that are not of
          retirement age, how many have one or more part time jobs? Kids wonder why there's no jobs available after
          college?

          The real question here is, you guys want to work until your 70 BEFORE getting benefits?

          Right now for me, early retirement is 62, but they snuck in an extra year on me (66) to receive Medicare.

          Speaking of Medicare, thanks Bush. Now retirees are only covered for 80%. They either have to buy supplemental
          insurance to cover that 20% or take their chances.

          What's to stop congress from jacking up early retirement, cut your SS benefits or cut Medicare even further?

          20 30 years from now, when it gets close for you to retire and you are 65 and say man, I got
          5 more years to go before I can retire. How will you guys feel who voted for the candidate that raised
          the age, how would you like yourself then?
          Comment
          • brooks85
            SBR Aristocracy
            • 01-05-09
            • 44709

            #6
            Originally posted by rkelly110
            Last Repub debate, we heard 3 of 4 candidates wanting to raise the retirement age, privatize and cut benefits.

            Those of age know in 2008 our 401ks took major hits unlike SS which stayed solvent.

            If those candidates privatize SS it could look like your 401k of '08. If you live long enough to
            retire and your privatized SS takes a dump at any time during your retirement, you will receive less
            come retirement.

            IDK how many in congress feel the same way, but I would say 75% of congressional Repubs probably
            think the same thing. Is that looking out for your best interests down the road?

            You young guys want to work until you're 70? You do? Vote Repub.

            The one who doesn't want to touch SS is Trump, but he didn't say that in the past. He called SS a ponzi
            scheme.

            Read more here: http://www.huffingtonpost.com/nancy-..._9447206.html?
            rkelly making sure everyone knows he doesn't use math in anyway to come up with his "my truths."

            Retirement age has to and should go up.

            SS is a ponzi scheme which is exactly why they want more people paying into it. Just like any other ponzi scheme.
            Comment
            • Dirty Sanchez
              SBR Posting Legend
              • 03-01-10
              • 16031

              #7
              I've already retired once...I'm working on my second one right now
              Comment
              • mpaschal34
                SBR Posting Legend
                • 02-04-13
                • 12087

                #8
                Originally posted by mpaschal34
                How about finding a good job, save money, and then retire around 60?
                i'm not going to get into this debate because i HATE politics. i just know that i've always done the best to save money over the years knowing that i don't want to work all my life. i would say i'm one of the lucky ones...but i did put a lot of work/time into my career. i also know how to budget and live within my means.

                also, people always seem to dog on texas, but wages/jobs have been solid since i've worked here (17 yrs). yes, it has it's shortcomings, but it can provide a comfortable life. i would have loved to stayed in San Diego after my military commitment was up, but i knew it would be difficult to live the lifestyle i wanted. came to dallas and have been happy with my decision.
                Comment
                • teecee
                  SBR Hall of Famer
                  • 09-18-09
                  • 6298

                  #9
                  The Social Security program was never designed to pay any benefits. Of course they want to cut it.
                  Comment
                  • Boner_18
                    SBR Hall of Famer
                    • 08-24-08
                    • 8301

                    #10
                    Holy crap is this guy seriously advocating for public administration of retirement funds through a tax on wages?!?! Unreal.
                    Comment
                    • ACoochy
                      SBR Posting Legend
                      • 08-19-09
                      • 13949

                      #11
                      What makes young people dare think they are deserved of the same privileges their parents had growing up??
                      Comment
                      • rkelly110
                        BARRELED IN @ SBR!
                        • 10-05-09
                        • 39691

                        #12
                        Originally posted by brooks85
                        rkelly making sure everyone knows he doesn't use math in anyway to come up with his "my truths."

                        Retirement age has to and should go up.

                        SS is a ponzi scheme which is exactly why they want more people paying into it. Just like any other ponzi scheme.
                        Of course you won't have to work until you're 70, state worker. I'm talking about working people.
                        Comment
                        • rkelly110
                          BARRELED IN @ SBR!
                          • 10-05-09
                          • 39691

                          #13
                          Originally posted by mpaschal34
                          i'm not going to get into this debate because i HATE politics. i just know that i've always done the best to save money over the years knowing that i don't want to work all my life. i would say i'm one of the lucky ones...but i did put a lot of work/time into my career. i also know how to budget and live within my means.

                          also, people always seem to dog on texas, but wages/jobs have been solid since i've worked here (17 yrs). yes, it has it's shortcomings, but it can provide a comfortable life. i would have loved to stayed in San Diego after my military commitment was up, but i knew it would be difficult to live the lifestyle i wanted. came to dallas and have been happy with my decision.
                          Good idea to keep an eye on politics because it could effect you greatly down the road.

                          Having 3 of 4 talk about screwing with SS at a debate, IMO, is a death sentence.

                          Wonder how many people will be happy with their voting choice down the road when it comes time for retirement
                          at 70?

                          I've known quite a few people who never made it to 62 let alone 65. Known quite a few who died after they retired
                          while waiting on their 1st check. Also know many still alive in their 80's.

                          Moral of the story, don't vote against your interests.
                          Comment
                          • d2bets
                            BARRELED IN @ SBR!
                            • 08-10-05
                            • 39995

                            #14
                            Originally posted by brooks85
                            rkelly making sure everyone knows he doesn't use math in anyway to come up with his "my truths."

                            Retirement age has to and should go up.

                            SS is a ponzi scheme which is exactly why they want more people paying into it. Just like any other ponzi scheme.
                            Your candidate says nothing has to change. He'll just wave his magic Trump wand and all will be fixed.
                            Comment
                            • pavyracer
                              SBR Aristocracy
                              • 04-12-07
                              • 82840

                              #15
                              I don't need SS money. Donald Trump is going to pay for my retirement when he balances the budget and reduces the taxes. Do the math.
                              Comment
                              • MUHerd37
                                SBR Posting Legend
                                • 10-23-09
                                • 12816

                                #16
                                Here are their actual plans, not from a far left partisan retard:
                                Source: http://www.npr.org/2016/03/12/470130...storiesfromnpr

                                Rubio's proposal: Marco Rubio suggests gradually raising the retirement age at which younger workers like himself become eligible for Social Security. This is effectively a cut in benefits, since retirees would have fewer years to collect. Raising the top retirement age from 67 to 70 as Rubio proposed would fill about one-third of the Social Security shortfall. Rubio also suggested a form of "means testing," in which wealthier retirees would see smaller benefit increases in the future. The Senator didn't offer any details, but other means testing proposals have been estimated to reduce the funding shortfall by about 10 percent.

                                Cruz's proposal
                                : Ted Cruz suggests a different form of benefit cut, in which future retirees would receive smaller cost-of-living adjustments. Some argue that the current inflation measure used by Social Security overstates the price increases seniors face, although others insist cost of living adjustments should be bigger, not smaller. The cut that Cruz suggests would fix about 15 percent of the funding shortfall. Cruz also proposes letting workers divert a portion of their payroll taxes into private retirement accounts. This may or may not be a good idea. It was hotly debated during the George W. Bush administration. But using payroll taxes for any purpose other than Social Security would make the system's solvency problems worse, not better.


                                Kasich's proposal:
                                John Kasich also advocates means testing with reduced benefits for wealthy seniors.


                                Trump's proposal
                                : Donald Trump argues against any cut in benefits or increase in taxes, instead relying on faster economic growth to close the Social Security funding gap. Kathleen Romig of the Center on Budget and Policy Priorities says faster growth would help with this and many other challenges. But she warns it's not a "magic bullet." Forecasters have tried to predict Social Security's fate under many different economic scenarios, and there's no realistic growth level that would close the funding gap on its own. Faster growth cuts both ways, increasing revenue from payroll taxes but also increasing benefits, which are tied to wages.


                                Comment
                                • King Mayan
                                  SBR Posting Legend
                                  • 09-22-10
                                  • 21326

                                  #17
                                  Anybody over 50 shouldn't be able to vote...

                                  They are dead in a couple of years anyways..


                                  These selfish old baby booming farts are destroying this country..
                                  Comment
                                  • smitch124
                                    SBR Posting Legend
                                    • 05-19-08
                                    • 12566

                                    #18
                                    Originally posted by MUHerd37
                                    Here are their actual plans, not from a far left partisan retard:
                                    Source: http://www.npr.org/2016/03/12/470130...storiesfromnpr

                                    Rubio's proposal: Marco Rubio suggests gradually raising the retirement age at which younger workers like himself become eligible for Social Security. This is effectively a cut in benefits, since retirees would have fewer years to collect. Raising the top retirement age from 67 to 70 as Rubio proposed would fill about one-third of the Social Security shortfall. Rubio also suggested a form of "means testing," in which wealthier retirees would see smaller benefit increases in the future. The Senator didn't offer any details, but other means testing proposals have been estimated to reduce the funding shortfall by about 10 percent.

                                    Cruz's proposal
                                    : Ted Cruz suggests a different form of benefit cut, in which future retirees would receive smaller cost-of-living adjustments. Some argue that the current inflation measure used by Social Security overstates the price increases seniors face, although others insist cost of living adjustments should be bigger, not smaller. The cut that Cruz suggests would fix about 15 percent of the funding shortfall. Cruz also proposes letting workers divert a portion of their payroll taxes into private retirement accounts. This may or may not be a good idea. It was hotly debated during the George W. Bush administration. But using payroll taxes for any purpose other than Social Security would make the system's solvency problems worse, not better.


                                    Kasich's proposal:
                                    John Kasich also advocates means testing with reduced benefits for wealthy seniors.


                                    Trump's proposal
                                    : Donald Trump argues against any cut in benefits or increase in taxes, instead relying on faster economic growth to close the Social Security funding gap. Kathleen Romig of the Center on Budget and Policy Priorities says faster growth would help with this and many other challenges. But she warns it's not a "magic bullet." Forecasters have tried to predict Social Security's fate under many different economic scenarios, and there's no realistic growth level that would close the funding gap on its own. Faster growth cuts both ways, increasing revenue from payroll taxes but also increasing benefits, which are tied to wages.


                                    These all seem like reasonable proposals.
                                    Comment
                                    • smitch124
                                      SBR Posting Legend
                                      • 05-19-08
                                      • 12566

                                      #19
                                      Originally posted by rkelly110
                                      Last Repub debate, we heard 3 of 4 candidates wanting to raise the retirement age, privatize and cut benefits.

                                      Those of age know in 2008 our 401ks took major hits unlike SS which stayed solvent.

                                      If those candidates privatize SS it could look like your 401k of '08. If you live long enough to
                                      retire and your privatized SS takes a dump at any time during your retirement, you will receive less
                                      come retirement.

                                      IDK how many in congress feel the same way, but I would say 75% of congressional Repubs probably
                                      think the same thing. Is that looking out for your best interests down the road?

                                      You young guys want to work until you're 70? You do? Vote Repub.

                                      The one who doesn't want to touch SS is Trump, but he didn't say that in the past. He called SS a ponzi
                                      scheme.

                                      Read more here: http://www.huffingtonpost.com/nancy-..._9447206.html?
                                      With people living longer and the average age increasing, I think raising the retirement age to 70 is almost a given. Maybe even higher.
                                      Comment
                                      • mpaschal34
                                        SBR Posting Legend
                                        • 02-04-13
                                        • 12087

                                        #20
                                        Originally posted by King Mayan
                                        Anybody over 50 shouldn't be able to vote...

                                        They are dead in a couple of years anyways..


                                        These selfish old baby booming farts are destroying this country..
                                        yes, young poor people voting for their Obamaphone are definitely leading the country in the right direction.
                                        Comment
                                        • eidolon
                                          SBR Hall of Famer
                                          • 01-02-08
                                          • 9531

                                          #21
                                          People that didn't put into SS that make it to 70 should have a meeting set up with Jack Kevorkian
                                          Comment
                                          • GUMMO77
                                            SBR Hall of Famer
                                            • 08-23-10
                                            • 9294

                                            #22
                                            ............
                                            Comment
                                            • PittsburghPlayer
                                              SBR Hall of Famer
                                              • 01-11-10
                                              • 6760

                                              #23
                                              Originally posted by rkelly110
                                              Last Repub debate, we heard 3 of 4 candidates wanting to raise the retirement age, privatize and cut benefits.
                                              Those of age know in 2008 our 401ks took major hits unlike SS which stayed solvent.
                                              If those candidates privatize SS it could look like your 401k of '08. If you live long enough to
                                              retire and your privatized SS takes a dump at any time during your retirement, you will receive less
                                              come retirement.

                                              IDK how many in congress feel the same way, but I would say 75% of congressional Repubs probably
                                              think the same thing. Is that looking out for your best interests down the road?
                                              You young guys want to work until you're 70? You do? Vote Repub.
                                              The one who doesn't want to touch SS is Trump, but he didn't say that in the past. He called SS a ponzi
                                              scheme.
                                              Read more here: http://www.huffingtonpost.com/nancy-..._9447206.html?
                                              The ONLY way the US Dollar stays relevant (to sustain SS) is to spend eternity defending it (CORRUPTION...) by FIGHTING WARS.

                                              If a man had a child AFTER 9-11, you might be a dumb fukk. i mean we DO have the INFORMATION that ALLOWS us to know that... there is NO TRUTH to the United States gov`t... or we would acknowledge - we are terrorists !! fight fukking wars BASED ON LIES...

                                              or at the very least, maybe they are unable to read between the lines...AND for that, I call you a dumb fukk, because THE CHILDREN WILL PAY FOR OUR LIES...
                                              Comment
                                              • CanuckG
                                                SBR Posting Legend
                                                • 12-23-10
                                                • 21978

                                                #24
                                                Suckers vote.
                                                Comment
                                                • PittsburghPlayer
                                                  SBR Hall of Famer
                                                  • 01-11-10
                                                  • 6760

                                                  #25
                                                  Originally posted by rkelly110
                                                  Employers match employees SS. The US is becoming a corporate state. Are companies behind the anti SS talk?
                                                  Repubs are owned by corporations. It's naturally assumed Repub candidates would push for SS reform.
                                                  REPUBLICANS owned by corporations??? Anyone NOT in the top ONE percent is OWNED by big biz.

                                                  America NOW laughing-stock of world. and hated. U-S-A, U-S-A

                                                  Comment
                                                  • guitarjosh
                                                    SBR Hall of Famer
                                                    • 12-25-07
                                                    • 5798

                                                    #26
                                                    Originally posted by rkelly110
                                                    Those of age know in 2008 our 401ks took major hits unlike SS which stayed solvent.

                                                    If those candidates privatize SS it could look like your 401k of '08. If you live long enough to
                                                    retire and your privatized SS takes a dump at any time during your retirement, you will receive less
                                                    come retirement.
                                                    http://www.huffingtonpost.com/nancy-..._9447206.html?
                                                    Imagine if you entered the workforce in 1980 when the Dow was at at around 1,000 and is now at 17,000. You shouldn't be heavily invested equities when you're retired unless you really know what you're doing.
                                                    Comment
                                                    • goduke
                                                      SBR Posting Legend
                                                      • 02-17-10
                                                      • 11580

                                                      #27
                                                      So a flawed system that the younger generation has to fix while they raped many of us with college "big business" tuition. Awesome yeah let's work till we are 80 I'm penetrating pumped
                                                      Comment
                                                      • ACoochy
                                                        SBR Posting Legend
                                                        • 08-19-09
                                                        • 13949

                                                        #28
                                                        Originally posted by goduke
                                                        So a flawed system that the younger generation has to fix while they raped many of us with college "big business" tuition. Awesome yeah let's work till we are 80 I'm penetrating pumped
                                                        Yes there's MASSIVE incentive for young people to want to go iut and work just so they can service previous generations retirements whilst struggling to scrape enough to live in the same manner themselves...

                                                        But its cool because countries can simply continue to rollover their increasing debt levels
                                                        Comment
                                                        • redeye1
                                                          SBR Rookie
                                                          • 03-09-16
                                                          • 22

                                                          #29
                                                          If you have been relying or thinking of relying on ss for retirement then you are a fool. R or D has nothing to do with it. The system is flawed! Thinking that voting D is gonna fix it is a pipe dream! You better plan on taking care of yourself unless you like welfare and food stamps! Dont be a nation of losers and govt babies sucking at the nipple! MO!
                                                          Comment
                                                          • sweethook
                                                            SBR Posting Legend
                                                            • 11-21-07
                                                            • 12667

                                                            #30
                                                            Originally posted by King Mayan
                                                            Anybody under 50 shouldn't be able to vote...

                                                            They are lazy as shit


                                                            These selfish young lazy ass kids are destroying this country..
                                                            sents your a lazy stupid kid , i fixed this for you
                                                            Comment
                                                            • rkelly110
                                                              BARRELED IN @ SBR!
                                                              • 10-05-09
                                                              • 39691

                                                              #31
                                                              Originally posted by redeye1
                                                              If you have been relying or thinking of relying on ss for retirement then you are a fool. R or D has nothing to do with it. The system is flawed! Thinking that voting D is gonna fix it is a pipe dream! You better plan on taking care of yourself unless you like welfare and food stamps! Dont be a nation of losers and govt babies sucking at the nipple! MO!
                                                              Those with their own business who didn't put into SS and those who solely rely on social programs to live, will not
                                                              receive SS benefits. Govt workers won't get SS (I don't believe), because of their overblown pensions WE pay for.

                                                              Normal retirees don't receive their wages for life after they retire unlike govt retirees. That right there is what
                                                              is hurting us. Some states are going with 401ks for new hires, but states are going broke trying to keep pensions
                                                              funded. Guess what, the govt is our largest employer. Do the math on that.
                                                              Comment
                                                              • brooks85
                                                                SBR Aristocracy
                                                                • 01-05-09
                                                                • 44709

                                                                #32
                                                                Originally posted by rkelly110
                                                                Of course you won't have to work until you're 70, state worker. I'm talking about working people.
                                                                and the lies keep on coming. But, that is all you have.
                                                                Comment
                                                                • brooks85
                                                                  SBR Aristocracy
                                                                  • 01-05-09
                                                                  • 44709

                                                                  #33
                                                                  Originally posted by d2bets
                                                                  Your candidate says nothing has to change. He'll just wave his magic Trump wand and all will be fixed.
                                                                  then as an idiot who supported Obama you should be in infatuated with trump. Too bad he is white and not a democrat. Your sheepy mind just can't get out of the pen.
                                                                  Comment
                                                                  • d2bets
                                                                    BARRELED IN @ SBR!
                                                                    • 08-10-05
                                                                    • 39995

                                                                    #34
                                                                    Originally posted by brooks85
                                                                    then as an idiot who supported Obama you should be in infatuated with trump. Too bad he is white and not a democrat. Your sheepy mind just can't get out of the pen.
                                                                    You said that "Retirement age has to and should go up." I happen to agree with that. It's your fuhrer that doesn't agree.

                                                                    Do you agree with Trump on anything or do you just like his attitude?
                                                                    Comment
                                                                    • brooks85
                                                                      SBR Aristocracy
                                                                      • 01-05-09
                                                                      • 44709

                                                                      #35
                                                                      Originally posted by d2bets
                                                                      You said that "Retirement age has to and should go up." I happen to agree with that. It's your fuhrer that doesn't agree.

                                                                      Do you agree with Trump on anything or do you just like his attitude?
                                                                      I also said if trump wasn't white and a republican idiots like you would line up. From the outside you don't see it but your flow of logic is just pure garbage.
                                                                      Comment
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