|
![]() ![]() ![]() |
This topic is archived. |
Home » Discuss » Latest Breaking News |
![]() |
papau
![]() |
Wed Mar-23-05 12:04 PM Original message |
Social Security Said to Go Broke in 2041 (new 2005 Trustee's Report) |
Printer Friendly | Permalink | | Top |
July
![]() |
Wed Mar-23-05 12:08 PM Response to Original message |
1. 78 million baby boomers . . . |
Printer Friendly | Permalink | | Top |
LiberalEsto
![]() |
Wed Mar-23-05 12:12 PM Response to Reply #1 |
3. I'll be 89 |
Printer Friendly | Permalink | | Top |
Warpy
![]() |
Wed Mar-23-05 12:09 PM Response to Original message |
2. Load of HORSESHIT! |
Printer Friendly | Permalink | | Top |
MousePlayingDaffodil
![]() |
Wed Mar-23-05 12:14 PM Response to Reply #2 |
5. But what happens . . . |
Printer Friendly | Permalink | | Top |
papau
![]() |
Wed Mar-23-05 12:18 PM Response to Reply #5 |
6. By law that year the benefits are automatically reduced to match tax |
Printer Friendly | Permalink | | Top |
cthrumatrix
![]() |
Wed Mar-23-05 01:37 PM Response to Reply #6 |
26. exactly.... that is the only key point to remember !!!!!!!!!!!!!!!!!!!!!!! |
Printer Friendly | Permalink | | Top |
TahitiNut
![]() |
Wed Mar-23-05 06:40 PM Response to Reply #6 |
44. I don't believe so. I believe the shortage comes from the General Revenues |
Printer Friendly | Permalink | | Top |
BlueEyedSon
![]() |
Wed Mar-23-05 12:22 PM Response to Reply #5 |
8. Every insurance plan in the known universe is adjusted |
Printer Friendly | Permalink | | Top |
MousePlayingDaffodil
![]() |
Wed Mar-23-05 12:41 PM Response to Reply #8 |
12. Of course, if the Social Security tax rate were raised now . . . |
Printer Friendly | Permalink | | Top |
BlueEyedSon
![]() |
Wed Mar-23-05 12:46 PM Response to Reply #12 |
13. That is not the way SS is designed to work, it is a separate "tax" |
Printer Friendly | Permalink | | Top |
MousePlayingDaffodil
![]() |
Wed Mar-23-05 01:06 PM Response to Reply #13 |
18. Well, you are right that it has its own tax schedule . . . |
Printer Friendly | Permalink | | Top |
BlueEyedSon
![]() |
Wed Mar-23-05 01:11 PM Response to Reply #18 |
20. Well, that is a mistake. So can you explain what the "trust fund" |
Printer Friendly | Permalink | | Top |
papau
![]() |
Wed Mar-23-05 01:28 PM Response to Reply #20 |
24. The Trust Fund is the collection of invested Assets owned by the Soc |
Printer Friendly | Permalink | | Top |
BlueEyedSon
![]() |
Wed Mar-23-05 01:31 PM Response to Reply #24 |
25. So there is some budgeting/accounting construct that is SS specific. |
Printer Friendly | Permalink | | Top |
papau
![]() |
Wed Mar-23-05 01:45 PM Response to Reply #25 |
27. Yes - the trick the GOP is using is the same FIT vs payroll tax one the |
Printer Friendly | Permalink | | Top |
MousePlayingDaffodil
![]() |
Wed Mar-23-05 01:47 PM Response to Reply #20 |
28. What's a mistake? |
Printer Friendly | Permalink | | Top |
BlueEyedSon
![]() |
Wed Mar-23-05 06:23 PM Response to Reply #28 |
43. Not *your* mistake. Sorry if that wasn't clear. Thx for all the info. nt |
Printer Friendly | Permalink | | Top |
papau
![]() |
Wed Mar-23-05 01:24 PM Response to Reply #18 |
22. It's trur all monies go into one pot- with the National Debt the balancing |
Printer Friendly | Permalink | | Top |
MousePlayingDaffodil
![]() |
Wed Mar-23-05 01:59 PM Response to Reply #22 |
29. The point isn't that the government isn't obliged . . . |
Printer Friendly | Permalink | | Top |
papau
![]() |
Wed Mar-23-05 03:14 PM Response to Reply #29 |
35. True as political will - but disagree as to full faith and credit not |
Printer Friendly | Permalink | | Top |
MousePlayingDaffodil
![]() |
Wed Mar-23-05 03:41 PM Response to Reply #35 |
36. You're missing my point, I think. |
Printer Friendly | Permalink | | Top |
papau
![]() |
Wed Mar-23-05 05:24 PM Response to Reply #36 |
41. I agree - and never being redeemed = never paying back stolen payroll tax |
Printer Friendly | Permalink | | Top |
papau
![]() |
Wed Mar-23-05 01:14 PM Response to Reply #12 |
21. Gov borrowing is no different from personal borrowing - the lockbox |
Printer Friendly | Permalink | | Top |
papau
![]() |
Wed Mar-23-05 01:27 PM Response to Reply #12 |
23. True - Clinton asked for permission to invest SS in equities in 98 and |
Printer Friendly | Permalink | | Top |
UpInArms
![]() |
Wed Mar-23-05 12:23 PM Response to Reply #5 |
10. Baby Boomers Have Already Paid for Their Social Security Benefits |
Printer Friendly | Permalink | | Top |
mbperrin
![]() |
Wed Mar-23-05 03:52 PM Response to Reply #10 |
38. Thank you! The boomers have paid more than any other |
Printer Friendly | Permalink | | Top |
UpInArms
![]() |
Wed Mar-23-05 04:01 PM Response to Reply #38 |
40. Meanscam, Meanspin, Thievesman |
Printer Friendly | Permalink | | Top |
tech3149
![]() |
Wed Mar-23-05 12:12 PM Response to Original message |
4. remember the trustees are more partisan now |
Printer Friendly | Permalink | | Top |
papau
![]() |
Wed Mar-23-05 12:21 PM Response to Reply #4 |
7. Very true - I look forward to seeing the actuarial assumption changes |
Printer Friendly | Permalink | | Top |
papau
![]() |
Wed Mar-23-05 03:44 PM Response to Reply #7 |
37. Bush cut year by assuming LOW INTEREST RATES NEXT 10 YEARS! |
Printer Friendly | Permalink | | Top |
papau
![]() |
Thu Mar-24-05 11:26 AM Response to Reply #7 |
48. Why the rapid lower mortality assumptions? |
Printer Friendly | Permalink | | Top |
Al-CIAda
![]() |
Wed Mar-23-05 12:22 PM Response to Original message |
9. Sure, and our scientists' objective findings are now being |
Printer Friendly | Permalink | | Top |
earth mom
![]() |
Wed Mar-23-05 01:02 PM Response to Reply #9 |
16. Exactly! Couldn't have said it better myself! Thanks! eom |
Printer Friendly | Permalink | | Top |
firefox
![]() |
Wed Mar-23-05 12:40 PM Response to Original message |
11. How does Medicare Bill of 2003 figure in this? |
Printer Friendly | Permalink | | Top |
papau
![]() |
Wed Mar-23-05 12:59 PM Response to Reply #11 |
15. Each Trust Fund has its own projection - Medicare "improved" - for the why |
Printer Friendly | Permalink | | Top |
denverbill
![]() |
Wed Mar-23-05 12:59 PM Response to Original message |
14. I don't get the math. I'm a late baby-boomer. Born in 1958. |
Printer Friendly | Permalink | | Top |
papau
![]() |
Wed Mar-23-05 01:05 PM Response to Reply #14 |
17. Around 2030 the democraphy becomes very stable - as does the |
Printer Friendly | Permalink | | Top |
denverbill
![]() |
Wed Mar-23-05 02:10 PM Response to Reply #17 |
31. Yes, but whoop de do. Even at current tax rates, |
Printer Friendly | Permalink | | Top |
papau
![]() |
Wed Mar-23-05 02:31 PM Response to Reply #31 |
33. I agree - eliminate the cap is best - indeed fear of this is making Bush |
Printer Friendly | Permalink | | Top |
denverbill
![]() |
Wed Mar-23-05 02:49 PM Response to Reply #33 |
34. I'd be real, real curious to find out how much money that would raise. |
Printer Friendly | Permalink | | Top |
papau
![]() |
Thu Mar-24-05 08:00 AM Response to Reply #34 |
47. It's a 93% solution under the conservative assumptions used - |
Printer Friendly | Permalink | | Top |
TahitiNut
![]() |
Wed Mar-23-05 06:45 PM Response to Reply #33 |
45. It'd be far better to pay people more equitably. |
Printer Friendly | Permalink | | Top |
bookman
![]() |
Wed Mar-23-05 07:05 PM Response to Reply #31 |
46. I agree... |
Printer Friendly | Permalink | | Top |
liveoaktx
![]() |
Wed Mar-23-05 01:07 PM Response to Original message |
19. Saving one of these trustees-CONFLICT OF INTEREST-vid clip |
Printer Friendly | Permalink | | Top |
rocktivity
![]() |
Wed Mar-23-05 02:07 PM Response to Original message |
30. Remove the $90,000 salary cap, cancel the tax cuts... |
Printer Friendly | Permalink | | Top |
mbperrin
![]() |
Wed Mar-23-05 03:55 PM Response to Reply #30 |
39. Hear! Hear! Exactly what's needed! |
Printer Friendly | Permalink | | Top |
Algorem
![]() |
Wed Mar-23-05 02:21 PM Response to Original message |
32. why does bush always end up right? |
Printer Friendly | Permalink | | Top |
Megahurtz
![]() |
Wed Mar-23-05 05:47 PM Response to Original message |
42. What a reeking crock of shit |
Printer Friendly | Permalink | | Top |
DU
AdBot (1000+ posts) ![]() ![]() ![]() ![]() |
Sun Jun 16th 2024, 02:10 AM Response to Original message |
Advertisements [?] |
Top |
Home » Discuss » Latest Breaking News |
![]() |
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.
Home | Discussion Forums | Journals | Store | Donate
About DU | Contact Us | Privacy Policy
Got a message for Democratic Underground? Click here to send us a message.
© 2001 - 2011 Democratic Underground, LLC