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  1. #26
    Mr. John Wayne CosmicCowboy's Avatar
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    Bull . Have you even considered doing the math, or you talking out your ass again?

    By the time I retire, my SS payments if I could have invested them myself, with compound interest, would amount to my annual income until I reached the age of 102.

    I'm losing money. SS doesn't even pay close to my annual income.
    No . I pulled my last statement. I've already paid in over $215,000 for Social Security and over $70,000 for medicare and I've still got 11 years and 3 months to keep paying in till I qualify for $2400. a month that I probably won't get because the system will be totally broke by then and they will probably "means test" and say I no longer qualify.

    Whoop-te-doo!

    If I could have invested that with an average of 5% return compounded I would be hundreds of thousands of dollars ahead of my promised "benefit".

  2. #27
    Pimp Marcus Bryant's Avatar
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    Tax cuts are not effective for limiting the growth of the federal government. If anything, spending grows more rapidly after as larger parts of the population face a reduced amount of the direct cost of government.

  3. #28
    Pimp Marcus Bryant's Avatar
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    That it's a raw deal doesn't change the fact that the benefit formula results in a redistribution to the middle class, from above and below.

  4. #29
    Pimp Marcus Bryant's Avatar
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    The long suffering American middle class, full of John Galts on welfare. If Atlas truly shrugged they would like there's no tomorrow.

  5. #30
    Cogito Ergo Sum LnGrrrR's Avatar
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    The long suffering American middle class, full of John Galts on welfare. If Atlas truly shrugged they would like there's no tomorrow.
    If Atlas shrugged, he would find himself beset by a mob bearing pitchforks and torches.

    All the moral arguments of "let me keep my money because I earned it" go out the window when too many people feel unsatisfied.

  6. #31
    Veteran Wild Cobra's Avatar
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    It's a benefit regardless. Just don't cash the checks if it bothers you so much, WC.
    I will cash my checks because they will be pitifully small compared to what I invested. I would rather lose 60% or so of my investment than all of it.

  7. #32
    dangerous floater Winehole23's Avatar
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    My point exactly. People like "you and me" are the beneficiaries.

  8. #33
    Veteran Wild Cobra's Avatar
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    My point exactly. People like "you and me" are the beneficiaries.
    How do you figure?

    I get less than 40% of what I put in, and I benefit?

    What planet are you from anyway?

    wait...

    I understand...

    You are young enough, you were indoctrinated by the department of education.

  9. #34
    dangerous floater Winehole23's Avatar
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    Swing and a miss, WC. I never attended public school.

  10. #35
    Veteran Wild Cobra's Avatar
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    Swing and a miss, WC. I never attended public school.
    Then why do you make such silly statements?

  11. #36
    dangerous floater Winehole23's Avatar
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    Dunno. Why do you?

  12. #37
    Veteran Wild Cobra's Avatar
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    Dunno. Why do you [ask]?
    You act as if you were indoctrinated.

    Was your private school a liberal one?

  13. #38
    Pimp Marcus Bryant's Avatar
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    Did yew go tew commie skuhl or one hunderd pursent Murican skuhl?

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