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In reply to the discussion: The more children people have, the better shape Social Security will be in. [View all]TheKentuckian
(26,314 posts)28. No, that just gluts the labor pool which reduces wages which are declining already
which shrinks individual benefits no matter the raw number of workers paying in.
Wages must go up and the cap must be adjusted up, applied to all income, or even scrapped and no I don't care if wealthy folks get larger payouts to do it. They'll get additional returns but they can be set to diminish in relative weight.
Also, don't forget that Ronnie Rayguns and Tip doubled the pay in so we should be either paying for ourselves or covering a significant portion of any shortfall of folks paying in.
Wages being too low and unemployment being too high are big problems that some never want to consider.
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The more children people have, the better shape Social Security will be in. [View all]
Nye Bevan
Apr 2013
OP
Perhaps. But those girls will have kids, of whom some will be boys and will go to work,
Nye Bevan
Apr 2013
#14
I see this all the time on DU. But people almost never explain what they mean by it.
Nye Bevan
Apr 2013
#7
Earners don't pay their 15% tax for Social Security for income beyond the first $106,800.
NYC_SKP
Apr 2013
#15
Social security won't help you if there is no food to eat, water to drink, or air to breathe.
antigone382
Apr 2013
#6
And in 1894, the London Times estimated that by 1950 London would be 9 ft deep in horse manure (nt)
Nye Bevan
Apr 2013
#10
Moreover, if you're going to reduce all the arguments against overpopulation to Malthusian hysteria
antigone382
Apr 2013
#24
No, that just gluts the labor pool which reduces wages which are declining already
TheKentuckian
Apr 2013
#28