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Inaccurate. Without SS, we MIGHT have more poverty. With it, we MIGHT have less poverty. I can bench press 5000# and I can prove it. I just needs some "help". Morphine does NOT take away the cause for pain. It numbs the pain. That is exactly what SS does. It masks the poverty. It doesn't take it away. There you go again. Unsubstantiated. You don't even know how it came about to be that efficient. |
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Aklim, your "ponzi scheme" analogy fails in one respect, investors in Social Security aren't private sector or voluntary.
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Yes, you are right that we are pressganged into the thing while Madoff's victims went willingly. Edit: OTOH, Both groups were led into the respective programs with promises of great things in the future. |
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Yes, we know it is election time and you are doing your darndest to spread the word to "Vote Democrat" as subtly as possible without saying it. We get it. :rolleyes: |
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Tell me that I am wrong when I ask you to fairly compare the cost instead of simply cherry picking what you want to compare. Show me that you have done a cost comparison. I could say that the coffers in some country are swelled up by taxes in another area and thus they can afford to subsidize medical care and in so doing, it depresses the cost of medical care so that your comparison makes sense. Tell me that we are not more obese than any country in the world and that it doesn't make a difference in cost. I can cite you quite a few costly items that obesity causes, that is, unless you care to dispute the effect of obesity? |
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Or is it that you are not cherry picking an item to compare and medical costs are the one and only issue when it comes to cost? I await your next few uttered syllables as though they were gold. Although an elaboration would be really helpful to understand what you are saying, that is, unless that is all you really have. PS. Do try to be as vague as you can so you get total deniability later on when asked to quantify what you just said. |
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One problem with letting people be responsible for their own retirement is that many people just won't do it. What do we do with them? Let them starve out in the street? |
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Our great leaders have spent it willy nilly. More was coming in than going out, so out leaders spent that too. Now the day is coming when there won't be enough coming in to cover whats going out so they'll have to start taking money out of the trust fund to make up the difference. Oh wait, there's nothing in there, my oh my what will we do ?? Funny a corporation must have reserves to pay it's pension obligations, ah but this is the government. |
The SS problem isn't difficult, it's just a political problem. Do the math and figure out what the eligibility age is needed to make the numbers work, then raise the eligibility age to that number. The current retirement age in the US is ridiculously low based on current life spans, many people spend 20-30 years in retirement.
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