General Discussion

MrYikes

(720 posts)

39. What would retirees do with the money?

Fri Apr 5, 2013, 10:30 AM

Apr 2013

They would spend it. Therefore it would help the economy
Many single person households are trying to live on $600 per month SS income. This is one of the reasons that food pantries are kept busy; though these people amount to only 10% of the pantry clients, they can never stop returning.

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I'm in the camp that says increase Social Security benefits. .. [View all] trumad Apr 2013 OP

Generally speaking yes - i don't know if now is the right time for that debate el_bryanto Apr 2013 #1

Just curious - Cal Carpenter Apr 2013 #7

It's hard to say - truthfully the debate should be turned away from the budget deficit el_bryanto Apr 2013 #8

I agree, austerity is not the solution--too many countries have tried with devastating results AndyA Apr 2013 #30

Have you read this from Krugman? snappyturtle Apr 2013 #43

I agree nt steve2470 Apr 2013 #2

By how much? How will that affect the the solvency of Social Security? Freddie Stubbs Apr 2013 #3

Solvency can easily be fixed... trumad Apr 2013 #6

Yep I agree nt newfie11 Apr 2013 #12

How easy would it be to pass such a proposal? Freddie Stubbs Apr 2013 #57

So we shouldn't think about it and do what the republicans say? Kingofalldems Apr 2013 #61

Perhaps we should spend our time working on realistic solutions rather that pipe dreams Freddie Stubbs Apr 2013 #91

It always looks easy to us "out here" -- but if it were I think gateley Apr 2013 #77

That is also my camp, seems mostly populated by tumbleweeds since the opposite has been sold TheKentuckian Apr 2013 #4

Yes. Social Security needs to become the national retirement plan. byeya Apr 2013 #5

We need stimulous, not austerity. Scuba Apr 2013 #9

We need both - but switch the targets demwing Apr 2013 #21

Absolutely buzzroller Apr 2013 #10

And they need to keep their hands out of the cookie jar too Puzzledtraveller Apr 2013 #11

Exactly Mnpaul Apr 2013 #16

Not if it means that pipoman Apr 2013 #13

We need to lower the age to 50yr of age, until the cyber-era adjust to the jobs situation. CK_John Apr 2013 #14

I'm wondering if the President has a personal interest in brain research, winter is coming Apr 2013 #15

Yes please. Myrina Apr 2013 #17

Increase the cap and the benefits, especially on the lowest payments. JDPriestly Apr 2013 #18

I'm in your camp. forestpath Apr 2013 #19

I'd love to be part of that camp. raouldukelives Apr 2013 #20

Sure thing, but does it matter? demwing Apr 2013 #22

yes indeed rurallib Apr 2013 #23

Do you favor increasing SS taxes to cover this? MjolnirTime Apr 2013 #24

I do. And by increasing SS taxes, I mean lifing the Raygun era caps and fully taxing ALL INCOME, Raster Apr 2013 #25

Do those people get increased benefits? joeglow3 Apr 2013 #51

would those people get extra SS benefits? Perhaps. Raster Apr 2013 #70

I would favor those that pay in more get bigger pension checks. byeya Apr 2013 #72

I don't oppose means testing or lifting the cap alcibiades_mystery Apr 2013 #92

I agree with you , but many disagree joeglow3 Apr 2013 #93

My 7 year old daughter will never see a dime of Social Security, ever alcibiades_mystery Apr 2013 #94

Absolutely. Raise the cap. What do you think? nm rhett o rick Apr 2013 #75

whole heartedly. nt xchrom Apr 2013 #26

I'm with you. Lugnut Apr 2013 #27

I'm just DONE Glitterati Apr 2013 #28

Message auto-removed Name removed Apr 2013 #60

Thank you, Trumad! Yes yes yes! loudsue Apr 2013 #29

K&R nt caseymoz Apr 2013 #31

Absolutely agree. nt bananas Apr 2013 #32

Bottom line jambo101 Apr 2013 #33

I really think we should extend the age slowly at efhmc Apr 2013 #34

Why? zipplewrath Apr 2013 #42

Really---?? trumad Apr 2013 #45

Aw, fuck that. You must have a desk job Lars39 Apr 2013 #81

It always amazes me that people here can efhmc Apr 2013 #96

No, we should lower it a2liberal Apr 2013 #84

Yes, and lower the retirement age back to 65. closeupready Apr 2013 #35

Agree AsahinaKimi Apr 2013 #36

I'm in your camp. hamsterjill Apr 2013 #37

Can we join your camp? walkerbait41 Apr 2013 #38

What would retirees do with the money? MrYikes Apr 2013 #39

Count me in, baby! nt SunSeeker Apr 2013 #40

The more I see 50+ yr olds... WaitWut Apr 2013 #41

they did a REPAIR of SS in the 80's for the baby boomers. WE NEED TO FIX IT AGAIN! pansypoo53219 Apr 2013 #44

"Pay More to Get More" option for SS, now!!!! (401K's are a scam.) grahamhgreen Apr 2013 #46

(401K's are a scam.) joesdaughter Apr 2013 #56

Fuckin' A!!! Fuddnik Apr 2013 #47

Thats is a logical conclusion FogerRox Apr 2013 #48

Nope--did not... trumad Apr 2013 #49

The doors opened March 14th after I petitioned SKinner for a week. FogerRox Apr 2013 #82

Yep, I think the benefits should be raised. juajen Apr 2013 #50

K&R though I'd be willing to show patience Babel_17 Apr 2013 #52

agreed subject Apr 2013 #53

THAT would be the Most Effective Economic Stimulus... bvar22 Apr 2013 #54

I am in the camp of doubling Social Security benefits airplaneman Apr 2013 #55

I am right by the fire with you. ZombieHorde Apr 2013 #58

Alas, the establishment party bosses are backing the opposite. Tierra_y_Libertad Apr 2013 #59

I'll vote for that. Lower the age. harun Apr 2013 #62

Say, that'd be great! MineralMan Apr 2013 #63

Nope it does not... trumad Apr 2013 #64

Well, then. I guess I'll just keep on writing websites MineralMan Apr 2013 #65

Well Network Security is pretty recession proof. trumad Apr 2013 #66

Good luck to you. MineralMan Apr 2013 #67

If the repubs and some Dems don't F it up... trumad Apr 2013 #68

definitely--raise the cap and double the benefits for gawd's sake!!! librechik Apr 2013 #69

HUGE K & R !!! WillyT Apr 2013 #71

End the drug war, legalize and tax marijuana, cut the Military Budget 50% & institute a SPHC system. Warren DeMontague Apr 2013 #73

I agree but...... Swede Atlanta Apr 2013 #74

And raise Medicare age. nm rhett o rick Apr 2013 #76

I'm of the camp to make the full benefit retirement age 58 and open up all those Kip Humphrey Apr 2013 #78

Good idea and actually something that is good for the economy, not Cleita Apr 2013 #80

Up, up, and away, to recovery. blkmusclmachine Apr 2013 #79

Me too. (n/t) a2liberal Apr 2013 #83

I'm in that camp too! Auntie Bush Apr 2013 #85

Maybe we need a name change Iwillnevergiveup Apr 2013 #86

Absolutely yes... Aquavit Apr 2013 #87

For the poor treestar Apr 2013 #88

If I could keep 1/3 what I put in I'd be set. Well off, even. Zax2me Apr 2013 #89

I'm with you on this... midnight Apr 2013 #90

Count me in the SS benefit hike camp meow2u3 Apr 2013 #95