The Great 2022 and Beyond Recession Thread

#151
#151
NorthDallas40 said:
Well we all know PJ isn’t very smart. It’s a compulsory program. Blame the people mandating the program not the people whom paid theirs in and have reached benefits age. Yeah it’s gonna shred us I know. But I figure were screwed anyway no need to steal from people who played by forced rules.
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It's a govt entitlement unless people are cut off after their balance reaches 0. We know they aren't so they are now on the govt teat. Usually you're against that but I guess it's different now.
 
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#152
#152
NorthDallas40 said:
Well we all know PJ isn’t very smart. It’s a compulsory program. Blame the people mandating the program not the people whom paid theirs in and have reached benefits age. Yeah it’s gonna shred us I know. But I figure were screwed anyway no need to steal from people who played by forced rules.
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I’d drop out of SS right now if presented with the opportunity. And I’ve been paying in for 25 years.
 
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#154
#154
utvolpj said:
It's a govt entitlement unless people are cut off after their balance reaches 0. We know they aren't so they are now on the govt teet. Usually you're against that but I guess it's different now.
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It is not an entitlement that is patently false. It is a forced defined benefit program and no different than an annuity bought in the public market. It’s not the citizens fault your government is ran by morons who suck at actuarial math.

Hey I’m all for abolishing it as long as you pay me back every cent with accrued interest.
 
#158
#158
utvolpj said:
It's a govt entitlement unless people are cut off after their balance reaches 0. We know they aren't so they are now on the govt teat. Usually you're against that but I guess it's different now.
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What is the value of money over time, and what would it be worth if it was invested over that time? You're a simpleton with your SS statement.
 
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#159
#159
NorthDallas40 said:
It is not an entitlement that is patently false. It is a forced defined benefit program and no different than an annuity bought in the public market. It’s not the citizens fault your government is ran by morons who suck at actuarial math.

Hey I’m all for abolishing it as long as you pay me back every cent with accrued interest.
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It's a pyramid scheme. The young work and pay on so the old can take out.

Any program you can get more out of than you put in is an entitlement program
 
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#161
#161
utvolpj said:
It's a pyramid scheme. The young work and pay on so the old can take out.

Any program you can get more out of than you put in is an entitlement program
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It’s a defined benefit program that every worker is forced to contribute into. Suck it up buttercup or get it changed. I already told you I’m on board but you’re so wound up you first!
 
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#162
#162
Wasn't almost 6 trillion of Trumps debit added dieing 2020 and 2021. During a "pandemic"?? Isn't that 2/3 of the total added... seems like an astirek situation given the situation pushed by the dems and calls for the money to be spent.
 
#164
#164
NorthDallas40 said:
It’s a defined benefit program that every worker is forced to contribute into. Suck it up buttercup or get it changed. I already told you I’m on board but you’re so wound up you first!
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Can you get more out of than you put in?
 
#165
#165
whodeycin85 said:
Wasn't almost 6 trillion of Trumps debit added dieing 2020 and 2021. During a "pandemic"?? Isn't that 2/3 of the total added... seems like an astirek situation given the situation pushed by the dems and calls for the money to be spent.
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He signed it right?
 
#166
#166
utvolpj said:
It's a govt entitlement unless people are cut off after their balance reaches 0. We know they aren't so they are now on the govt teat. Usually you're against that but I guess it's different now.
Click to expand...
NorthDallas40 said:
It is not an entitlement that is patently false. It is a forced defined benefit program and no different than an annuity bought in the public market. It’s not the citizens fault your government is ran by morons who suck at actuarial math.

Hey I’m all for abolishing it as long as you pay me back every cent with accrued interest.
Click to expand...
5gp.gif
 
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#167
#167
utvolpj said:
Can you get more out of than you put in?
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Do you know what an annuity is? Do you know what compounding interest is?

You’re pissing into the wind. I didn’t have a choice so shut the hell up and send me my check when I’m eligible. Again you march on DC with your righteous fury I’ll be right behind you! Until then shut up and mail the checks.
 
#170
#170
NorthDallas40 said:
Do you know what an annuity is? Do you know what compounding interest is?

You’re pissing into the wind. I didn’t have a choice so shut the hell up and send me my check when I’m eligible. Again you march on DC with your righteous fury I’ll be right behind you! Until then shut up and mail the checks.
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It's a simple question. Can you get more out than put in?

pyramid-michael-scott.gif
 
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#172
#172
McDad said:
View attachment 464402
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I’m having fun I’ll admit 😎

It is a crazy drain on our federal coffers we all know that. But it’s disingenuous as hell to scream at people who had no choice and have reached payout age. Suck it up and pay them. I’m all on board with raging on the idiots in government on it though.

I’ve got my own social security model to determine our benefit. The math is public and fairly straight forward you don’t need to wait on your SS statement. But I’ve got the benefits judged down 25% in my retirement model.
 
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#175
#175
VolStrom said:
SS is more than a retirement fund, it also pays your wife and kids if you die young. It pays you if you become disabled. What does your private health insurance do in those situations?
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So now you're a fan of govt sponsored insurance? Why not force everyone to just buy Aflac?
 
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