College graduate upset with first job experience

#26
#26
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#29
#29
hog88 said:
2 hours is a killer.
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Yep. Drove from Hartwell, GA (Basically Anderson, SC) to Augusta round trip every day. Sometimes stop at the scrap yard 20 miles away that I drove past on the way to Augusta. Then every other Friday, after the yard in Augusta got going would drive another hour south to Allendale, SC to the 3rd yard I was over. Started off staying in a hotel some, but refused to move my family to Augusta so boss agreed to keep paying gas. Then 2008-2009 hit and srap metal tanked and company laid off 50% in 4 weeks, including me.
 
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#31
#31
mr.checkerboards said:
I hate 90% of the ideas that the younger generation comes up with; however, this is one I do agree with. Spending 40 years of your life wasting days away at a soul sucking job making someone else rich isnt a quality life.
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You don't think eating tide pods and snorting condoms was a good idea?!!😁
 
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#34
#34
Here’s an idea: fund my social security until I’m dead. Then, Gen Z can phase it out if they want to do so.
 
#35
#35
Tin Man said:
Here’s an idea: fund my social security until I’m dead. Then, Gen Z can phase it out if they want to do so.
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I have a better idea. Stop using social security for everything else, and threatening the people that paid into it that it's going to run out. Or, stop it altogether, which I don't agree with, but I'd rather stop paying into it, and it going to other stuff. Jmo
 
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#36
#36
joevol33 said:
I have a better idea. Stop using social security for everything else, and threatening the people that paid into it that it's going to run out. Or, stop it altogether, which I don't agree with, but I'd rather stop paying into it, and it going to other stuff. Jmo
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I’ve paid into Social Security for 53 years, and I want my full benefits. For decades, Republicans and Democrats alike have added extra benefits during times of surpluses, even though they knew it would create a funding gap in the future. Now, those millionaires in Congress with their own special pension want to screw me out of what I’m promised. Hell no!
 
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#40
#40
Tin Man said:
I’ve paid into Social Security for 53 years, and I want my full benefits. For decades, Republicans and Democrats alike have added extra benefits during times of surpluses, even though they knew it would create a funding gap in the future. Now, those millionaires in Congress with their own special pension want to screw me out of what I’m promised. Hell no!
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That's exactly my point, they're getting rich, both sides, and screwing with our money that's supposed to be for this time in your life. Crap on all of them.
 
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#42
#42
mr.checkerboards said:
I hate 90% of the ideas that the younger generation comes up with; however, this is one I do agree with. Spending 40 years of your life wasting days away at a soul sucking job making someone else rich isnt a quality life.
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Then, maybe log off the soul-suction of TikTok, uninstall Snapchat, go to bed on time, eat actual food, get an education, seek real-world experience in high school, find a career path in a field you enjoy, bust your ass, and contribute to society while taking care of your family in a profession that matters.
 
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#43
#43
Social security is a fancy wealth redistribution system.

It takes 12.4% of the first 160K you make. You may or may not ever get anything. The more money you make, the lower your rate of return. If you are under 50 and make over 100K, you will likely have a sub 1% or negative rate of return.....

Compare a negative rate of return with the 5%+ the 2 yr Treasury is paying...
 
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#44
#44
Tin Man said:
I’ve paid into Social Security for 53 years, and I want my full benefits. For decades, Republicans and Democrats alike have added extra benefits during times of surpluses, even though they knew it would create a funding gap in the future. Now, those millionaires in Congress with their own special pension want to screw me out of what I’m promised. Hell no!
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Your benefits should be what you and your employer made with a return that, at a minimum, should approximate the interest rate for US obligations over those 53 yrs.

The issue is the govt has raided SS and what you are getting is significantly less than what you would be getting if they left well enough alone....
 
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#45
#45
BigOrangeMojo said:
Your benefits should be what you and your employer made with a return that, at a minimum, should approximate the interest rate for US obligations over those 53 yrs.

The issue is the govt has raided SS and what you are getting is significantly less than what you would be getting if they left well enough alone....
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The government says that Social Security contributions (deductions and the employer match) is NOT a tax. That’s pretty silly considering your estate gets zero if you die before or soon after becoming a “beneficiary”. Possibly so the high earners have the $160k cap. That makes it an extremely regressive “tax”. They can call it whatever they want - it IS a tax. They just set the maximum TAX at $160k x 6.2% (plus the employer’s 6.2%). And, as you know, the 1.45% Medicare TAX has no max.
 
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#46
#46
Thunder Good-Oil said:
The government says that Social Security contributions (deductions and the employer match) is NOT a tax. That’s pretty silly considering your estate gets zero if you die before or soon after becoming a “beneficiary”. Possibly so the high earners have the $160k cap. That makes it an extremely regressive “tax”. They can call it whatever they want - it IS a tax. They just set the maximum TAX at $160k x 6.2% (plus the employer’s 6.2%). And, as you know, the 1.45% Medicare TAX has no max.
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It absolutely is a tax on higher incomes. The "contributions" of higher earners are being used to subsidize the returns of lower earners....

If its forced and it redistributes wealth, it's a form of socialism...
 
#47
#47
BigOrangeMojo said:
It absolutely is a tax on higher incomes. The "contributions" of higher earners are being used to subsidize the returns of lower earners....

If its forced and it redistributes wealth, it's a form of socialism...
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The “benefits” are more lucrative for the lower wage earners and a bad deal for higher earners. However since it is a “tax”, the obligation isn’t as oppressive on higher salaried individuals because of the $160k cap. The “tax” rate on $1,000,000 salary is less than 1% whereas it is 6.2% on $160k and below. So the “tax” is regressive. Like sales tax on basic consumer staples.

The distributions however are generally inverse to the “contributions”.
 
#49
#49
kiddiedoc said:
Then, maybe log off the soul-suction of TikTok, uninstall Snapchat, go to bed on time, eat actual food, get an education, seek real-world experience in high school, find a career path in a field you enjoy, bust your ass, and contribute to society while taking care of your family in a profession that matters.
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Going off the rails a little bit arent we? Asking for enough pay to pay our bills with the ability to actually be home with our families is all they are talking about. No body wants to live at work 24/7 and nobody enjoys basing honestly a minimum of 5 days a week and probably 10 hours a day ( counting an hour travel time each way) around work. If its what you did and what works for you then great, but that doesnt mean it works for everyone. If its how you think someone should do it, because its how you did it, well thats a little selfish isnt it?
 
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