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Abolishinist

(2,960 posts)
50. The major problem with this 'libertarian' view
Wed Dec 4, 2024, 10:14 PM
Dec 2024

is that IF dollars were not deducted from the average person's wages throughout their lifetime for social security, many would have spent vs. invested every one of those dimes. At the age of 65, these same folks would either be broke or have marginal savings at best.

And then, of course, those of us who have empathy toward the 'poor', who instead have saved/invested during their earning years, would be called upon to bail them out.

Recommendations

1 members have recommended this reply (displayed in chronological order):

Kick dalton99a Dec 2024 #1
They believe if it was put into the stock market at 18 jimfields33 Dec 2024 #2
This message was self-deleted by its author Kingofalldems Dec 2024 #15
They don't believe that at all. Kingofalldems Dec 2024 #16
2008-2009 put the lie to that. lastlib Dec 2024 #36
"...to do it well takes extensive knowledge and experience that cannot be acquired readily. " markodochartaigh Dec 2024 #41
It's a terrible idea backed by a dishonest faith in markets Mike 03 Dec 2024 #44
There will be a grey rebellion if they try to change or gut it. wnylib Dec 2024 #57
It won't last long misanthrope Dec 2024 #58
It's a bad idea to take away everything from an old person k55f5r Dec 2024 #75
True that. I can think of possible fighting back scenarios wnylib Dec 2024 #76
No. They believe that the financial firms drray23 Dec 2024 #46
"Ha ha, Suckers." - G.O.P.'s Greatest Felon/Rapist BoRaGard Dec 2024 #3
Allow me to translate "an outdated, mismanaged system." DJ Synikus Makisimus Dec 2024 #4
"Medicare Advantage" plans were GeeDumbya's attempt to privatize Medicare. They are a rip-off. OMGWTF Dec 2024 #24
My POV is that Medicare should cover everyone for everything. DJ Synikus Makisimus Dec 2024 #29
Exactly right Farmer-Rick Dec 2024 #65
Social Security seems very well managed. One of the last functional programs. travelingthrulife Dec 2024 #72
Those young bros who voted for the orange Hitler 2.0 will end up having to care for their parents kimbutgar Dec 2024 #5
Many of them rely on their parents to help pay their bills, or keep a roof over their head, or pay for internet connect. Timeflyer Dec 2024 #10
yikes you know the movie set was set in 2022! kimbutgar Dec 2024 #21
I somehow think Musk would have no issue with doing just that misanthrope Dec 2024 #59
I actually like that soylent green solution. As long as it is a choice. travelingthrulife Dec 2024 #73
They 100% are going to come for it Cosmocat Dec 2024 #6
Senator Lee should come discuss his ideas in FL at the Villages. Timeflyer Dec 2024 #7
I hate these assholes. My mom's only income in old age was Social Security. SunSeeker Dec 2024 #8
This message was self-deleted by its author jfz9580m Dec 2024 #17
They will take it over time and disguise it Beachnutt Dec 2024 #9
nope. it will be "ashock and awe" rampartd Dec 2024 #13
You're more optimistic than I am Colorado Liberal Dec 2024 #23
Same Horse with no Name Dec 2024 #30
They will go after the payroll tax which funds SS. It is easy to get the rubes to travelingthrulife Dec 2024 #74
65,000,000 Americans are on Social Security - Nigrum Cattus Dec 2024 #11
the chileans who protested cancellation of their p[ensions were loaded onto helicopters. rampartd Dec 2024 #14
And thank God Dem4life1234 Dec 2024 #35
lasted 75 years in the soviet union rampartd Dec 2024 #38
Ditto here Dave says Dec 2024 #42
Same here without Medicare misanthrope Dec 2024 #60
IF they did try to take Social Security, i'm thinking the possible and i say possible ONLY thing that will save it is bluestarone Dec 2024 #31
Maggots on SS&SSI will be in for a rude awakening. Then they'll blame it on us with their dying foul breaths. NBachers Dec 2024 #12
The question always seems to be these days, will we be inconvenienced? Magoo48 Dec 2024 #18
when do they realise they cant mess w ss . they arnt intitlments they are paid for benigits AllaN01Bear Dec 2024 #19
And don't forget: Boomers are a HUGE demographic group. calimary Dec 2024 #22
yeppers , as i said in my prior post , theyd be in for it. no:) AllaN01Bear Dec 2024 #26
They ARE entitlements Random Boomer Dec 2024 #53
Social Securty deductions go into a trust fund. Beck23 Dec 2024 #20
What's to stop them? Mariana Dec 2024 #51
Anyone under the age of 50 has been programmed to believe SS will go away. SleeplessinSoCal Dec 2024 #25
When are they going to threaten the military budget? Sneederbunk Dec 2024 #27
FAFO at its finest - unfortunately that means the rest of us also find out. Bleacher Creature Dec 2024 #28
, it was retweeted by Elon Musk, who has been vested by Trump .....to root out inefficiencies in the government Yo_Mama_Been_Loggin Dec 2024 #32
F they can steal the Social Security funds for themselves, they will. Lonestarblue Dec 2024 #33
When W tried DownriverDem Dec 2024 #34
Although Reagan was able markodochartaigh Dec 2024 #43
Trump's lies Re: protecting Social Security krkaufman Dec 2024 #37
Look at it as an insurance program. Ferryboat Dec 2024 #39
"a classic bait and switch" and "an outdated, mismanaged system" Mr.Bee Dec 2024 #40
Reveals? JustAnotherGen Dec 2024 #45
More disinformation from repub creeps. returnee Dec 2024 #47
When all of the old people, with expensive meds, realize they are now doomed kwijybo Dec 2024 #48
Republicans have been salivating over the Social Security trust fund for decades dlk Dec 2024 #49
The major problem with this 'libertarian' view Abolishinist Dec 2024 #50
Kick badhair77 Dec 2024 #52
This means they dont care about re- election Figarosmom Dec 2024 #54
Remember trump said... C Moon Dec 2024 #63
Yep Figarosmom Dec 2024 #77
This message was self-deleted by its author Chin music Dec 2024 #55
Taxes and laws and regulations and moondust Dec 2024 #56
I mean...the very existence of today's GOP is a threat to Social Security. Karasu Dec 2024 #61
Why do right-wing idiots hate social security so much? I don't understand! C Moon Dec 2024 #62
Is there a threadreader link to the whole thread? soandso Dec 2024 #64
It is OUR fucking money. alarimer Dec 2024 #66
and you can almost bet on it that most of the MSM won't be there to push back on that fact. JohnSJ Dec 2024 #67
This message was self-deleted by its author Chin music Dec 2024 #70
Senator Mike Lee (R-Utah) is... GiqueCee Dec 2024 #68
Social Security benefits have lost around 36% of their purchasing power since 2000 augyboston Dec 2024 #69
Greed of Musk and the GOP ers will do this first: SayItLoud Dec 2024 #71
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