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HAVE SOME SOCIAL SECURITY FUN ON HARRY REID!

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
jswordy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 01:50 PM
Original message
HAVE SOME SOCIAL SECURITY FUN ON HARRY REID!
Lookit this handy-dandy calculator on his Website, plug in the numbers, and see what YOU get!

http://reid.senate.gov/ss/calc.html

I'll be watching for replies...this oughta be RICH! Heheheh.
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medeak Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 01:54 PM
Response to Original message
1. 6% less rich n/t
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BlueEyedSon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 01:55 PM
Response to Original message
2. Someone put in the numbers for the 9 year old Bush SS supporter!
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RobertSeattle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 01:58 PM
Response to Original message
3. You break even if you were born in 1950 and make less than 39 DOLLARS/Year
That 39 DOLLARS, not 39K

:evilgrin:
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jswordy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 02:00 PM
Response to Reply #3
4. ROFLMAO! Goodun! Kewl lil tool it is, ennit? I lose $3G a year!
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RobertSeattle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 02:04 PM
Response to Reply #4
5. Looks like any salary over 90K returns the same result
So the middle class guy make 90K/year and the overpaid CEO making 1Mil pear year "lose" the same - that's equity!
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jswordy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 02:20 PM
Response to Reply #5
6. Bet that's because you only PAY IN on yer first $89K
Of course, the real SS fix is to raise the payment ceiling to the first $1 million in earned income. That would:

-- lower the age of eligibility for SS to 60 or lower, prompting early retirement of Baby Boomers and opening the jobs market to young folks...hiring would pick up overall.

-- fully fund the program, with surpluses.

-- provide plenty of cash to buy U.S. bonds to float our huge national debt.

See, we have it all wrong in thinking we must work longer and longer for fewer benefits. There are HUGE societal and economic payoffs to funding a SS program where we actually let the Boomers quit working at an earlier age. But then, the pols would have to impose on their big-money donors, who can most afford it, but that is irrelevant.

Funny, I don't see many lawmakers' hands waving that they like this idea, from either side of the money-grubbing, millionaire-milking aisle!

Sigh...they represent US? Hahahahaha! Good joke!
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Willy Lee Donating Member (925 posts) Send PM | Profile | Ignore Thu Mar-03-05 02:42 PM
Response to Original message
7. The younger you are, the more you are screwed.
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DrGonzoLives Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 03:11 PM
Response to Original message
8. Yikes
Born in 1978, make $52,000 a year, I would lose 30%. Good thing I have a 401(k).
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