home bbs files messages ]

Forums before death by AOL, social media and spammers... "We can't have nice things"

   ca.politics      California politics      187,313 messages   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]

   Message 187,230 of 187,313   
   Webbster to a425couple@hotmail.com   
   Re: Ponzi Scheme - Social Security rapid   
   17 Dec 25 05:09:50   
   
   XPost: alt.economics, or.politics, seattle.politics   
   XPost: fl.politics, rec.aviation.military   
   From: bax02_spamblock@baxcode.com   
      
   a425couple  wrote in news:jLi0R.211838$y7S9.88788   
   @fx15.iad:   
      
   > On 12/16/25 11:08, Webbster wrote:   
   >> a425couple  wrote in   
   >> news:uKh0R.227751$CSDa.92935@fx16.iad:   
   >>   
   >>> Yeah, I'm feeling grumpety.  While most got a cost of living   
   >>> raise, they gave me a SS pay cut.  Teach me to "plan ahead"   
   >>> and scrimp and save to be sure to take care of myself!   
   >>> That is the evils of the Democrats - punish those who prepared   
   >>> to take care of themselves.   
   >>> But here is the key to this article:   
   >>> "So, without action, Social Security retirement benefits are on   
   course   
   >>> for a 23% cut in less than a decade.   
   >>> Ekins said many Americans don’t realize Social Security is a   
   >>> pay-as-you-go program, meaning that our taxes go towards paying   
   senior   
   >>> citizens’ current benefits."   
   >>> and,,, there are not enough current workers.   
   >>>   
   >>> from   
   >>> https://wsbt.com/news/nation-world/social-security-rapidly-   
   approaching-   
   >>> insolvency-but-generations-disagree-about-reforms   
   >>>   
   >>> Social Security rapidly approaching insolvency,   
   >>   
   >> The "insolvency" claim is Bullshit!   
   >>   
   >> Social Security rapidly approaching Reduced Payouts.  That's not   
   >> "insolvency".  SS has it's own revenue source that is not going away   
   as   
   >> long as people are earning money.   
   >>   
   >> And the fix is easy - but the Repugs won't allow it because it would   
   >> require the rich to pay a little more in SS taxes   
   >>   
   > And yet again, the illiterate Baxter speaks up to ensure   
   > readers know he does not understand.   
   > In this case, he uses, but can't understand the word   
   >   
   > in·sol·ven·cy   
   > /inˈsälvən(t)sē/   
   > noun   
   > the state of being insolvent; inability to pay one's debts.   
   > "the club was facing insolvency"   
   > Dictionary   
   > Definitions from Oxford Languages · Learn more   
   >   
   > They will not be able to pay their debts.   
   > All continuing income will immediately go out to reduced payments.   
   >   
   > The Democrats have ignored the issue.  Both Republicans and   
   > Democrats are going to have to step up and agree on new tax levels   
   > and new age limits.   
   >   
   SS payouts are Benefits - not Debts.   
      
   Democrats have NOT ignored this issue. Nor has Bernie Sanders. Democrats   
   have repeatedly tried to expand SS, while Repugs have repeatedly tried to   
   cut it.   
      
      
   --   
     @..@   
    (----)   
   ----------   
   United we ribbit, divided we croak   
      
   --- SoupGate-DOS v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]


(c) 1994,  bbs@darkrealms.ca