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Re: Whites in poverty take more government handouts more than blacks in poverty
"leading presidential candidates," who follow the lead of the 1%'s $Ms, the 1%ers like billionaire Petersen want to privatize SS, handing $Ts to Wall St crooks (themselves) to pocket $100Bs annually in fees
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Re: Whites in poverty take more government handouts more than blacks in poverty
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
TeyshaBlue
Because the SS data skews the distribution...significally I would suspect, toward the goal.
"Some conservative critics of federal social programs, including leading presidential candidates, are sounding an alarm that the United States is rapidly becoming an “entitlement society” in which social programs are undermining the work ethic and creating a large class of Americans who prefer to depend on government benefits rather than work."
That was the leading statement of the study....it was also their goal.
Im pretty sure SS was not being referenced in the above straw positioning statement.
Mitt Romney included SS recipients in his infamous 47%, so if their goal was to combat that type of rhetoric, by and large they accomplished it.
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
TeyshaBlue
:rolleyes
so why do think the VRWC/1%/Repugs/BigFinance have beem slandering SS as insolvent and pushing hard for alternatives and/or to privatize SS?
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
boutons_deux
so why do think the VRWC/1%/Repugs/BigFinance have beem slandering SS as insolvent and pushing hard for alternatives and/or to privatize SS?
I haven't seen much push for total privatization but it is clear that the system as currently designed will deplete the mythical "trust fund" at some point. How is that slander?
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
TeyshaBlue
But, when the "analysis" leads with a targeted statement like this one does, the findings are not surprising. cpbb does this constantly....build the "analysis" to say what they want it to....and the rabble lap it up. :facepalm
It's a Soros-funded leftist think tank, what do you expect?
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
CosmicCowboy
I haven't seen much push for total privatization but it is clear that the system as currently designed will deplete the mythical "trust fund" at some point. How is that slander?
You always assume that US govt will default on the bonds or whatever the instrument is when the US govt uses the SS fund for the general fund.
inequality and the VRWC/BigCorp War on Employees mean fewer jobs (labor participation rate down) pay less (salary suppression, "gig" economy) so contributions to SS (slandered as a Ponzi scheme) are down.
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Re: Whites in poverty take more government handouts more than blacks in poverty
Social security is not welfare, it's a government administrated retirement program you pay into. like a 401k just government instead of private.
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
boutons_deux
You always assume that US govt will default on the bonds or whatever the instrument is when the US govt uses the SS fund for the general fund.
inequality and the VRWC/BigCorp War on Employees mean fewer jobs (labor participation rate down) pay less (salary suppression, "gig" economy) so contributions to SS (slandered as a Ponzi scheme) are down.
The "social security trust fund" will run out of money even IF the US prints the trillions of dollars it owes the "trust fund".
health care has gotten too good and people are living longer than the system was designed for.
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Re: Whites in poverty take more government handouts more than blacks in poverty
When Social Security was passed in 1935 the average life expectancy for a male was 59.9 years and 63.9 for females.
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
CosmicCowboy
The "social security trust fund" will run out of money even IF the US prints the trillions of dollars it owes the "trust fund".
health care has gotten too good and people are living longer than the system was designed for.
health has been TOO EXPENSIVE for decades, BigFood has been inducing people to eat sugary, greasy shit for decades. Old people have been convinced they need 5 - 10 PRESCRIPTIONS. It's all bullshit.
You don't have to be a financial burden on society just because you're old, but being a financial burden means BigCorp is sucking down Human-Americans wealth. Being sick enriches rip-off health care, above all.
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Re: Whites in poverty take more government handouts more than blacks in poverty
In 2015 average life expectancy is 82.19 and increasing every year.
The math is pretty fucking simple Boo.
Too many people living longer than the contribution system was designed for.
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
CosmicCowboy
In 2015 average life expectancy is 82.19 and increasing every year.
The math is pretty fucking simple Boo.
I fucking repeat: living longer doesn't have to mean getting sicker.
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
boutons_deux
I fucking repeat: living longer doesn't have to mean getting sicker.
I repeat.
You are a fucking idiot.
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Re: Whites in poverty take more government handouts more than blacks in poverty
Welfare means you are getting something for fre that you didn't pay for and can't afford, so others paid it for you. However in order to draw SS you have to actually pay in over the course of an entire lifetime. Worlds of difference here but you racists already knew that, just calling out bs when I see it.
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
CosmicCowboy
I repeat.
You are a fucking idiot.
typical non-response when I bitchslap y'all right wingers
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Re: Whites in poverty take more government handouts more than blacks in poverty
Bitchslap
Right:)
You can't even make the distinction between Medicare (also going broke) and social security.
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
Th'Pusher
Mitt Romney included SS recipients in his infamous 47%, so if their goal was to combat that type of rhetoric, by and large they accomplished it.
They certainly did. They also pulled alot of conclusions out of that data construct.
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
boutons_deux
typical non-response when I bitchslap y'all right wingers
Typical non-response when a moonbat cant counter argue their way out of a wet paper bag. :lol
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Re: Whites in poverty take more government handouts more than blacks in poverty
The ole "social security is going broke" lie raises it's head again. It's solvent through 2037 if nothing is done. How many other programs do we fund 21 years in advance? We can't even get a fucking bill to fund the roads for more than 3 months.
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
TeyshaBlue
This looks like it may be a very common theme for many pension plans supported by today's young workers.
Which if true, sucks.
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
Splits
The ole "social security is going broke" lie raises it's head again. It's solvent through 2037 if nothing is done. How many other programs do we fund 21 years in advance? We can't even get a fucking bill to fund the roads for more than 3 months.
A little short sighted? So Medicare runs out of money in 11 years and social security runs out in 22 years. No problem, you guys can deal with it then, right?
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
CosmicCowboy
A little short sighted? So Medicare runs out of money in 11 years and social security runs out in 22 years. No problem, you guys can deal with it then, right?
Umm, no. What else does the government fund for 22 years in the future? Even in 2037 when 75% of benefits would be paid out by doing nothing, it's a simple fix. I stopped paying into SS already this year. All that needs to be done is to raise the cap a couple % points and voila, solvency.
Medicare is different, but ObamaCare has been a big help. Ending our subsidies to the entire world by not allowing the government to negotiate drug prices with BigPharma would also close the gap. Deeper analysis by CBPP here: http://www.cbpp.org/research/health/...s-not-bankrupt
Neither program is in serious trouble, and people claiming otherwise have ulterior motives (privatize in most cases to enrich themselves)
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Re: Whites in poverty take more government handouts more than blacks in poverty
Quote:
Originally Posted by
Splits
The ole "social security is going broke" lie raises it's head again. It's solvent through 2037 if nothing is done. How many other programs do we fund 21 years in advance? We can't even get a fucking bill to fund the roads for more than 3 months.
You're right, Social Security isn't going broke. It is broke.
Quote:
That's the bad news. But here's the really bad news: Social Security is flat broke. The just-released 2015 Trustees of the Social Security and Medicare trust funds report has a secret little table that apparently the political appointees, euphemistically called "trustees," haven't bothered to view. It's tucked deep inside the report in appendix table VI.F1. It says the system is $25.8 trillion in the red.
http://www.usatoday.com/story/money/...rity/30271595/
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Re: Whites in poverty take more government handouts more than blacks in poverty
Here's the actual table in question from the report:
|
Present
value |
|
|
|
|
| Unfunded obligation through the infinite horizon 1 |
$25.8 |
|
|
|
| Unfunded obligation through 2089 2 |
10.7 |
|
|
|
http://www.ssa.gov/oact/tr/2015/VI_F_infinite.html
