General Discussion

Arizona Roadrunner

(168 posts)

34. Social Security, a 20% problem

Reply to TheMastersNemesis (Original post)

Sun Apr 3, 2016, 12:20 PM

Apr 2016

If you do nothing, Social Security will pay out 80% of it's expected benefit. The reason is that people pay in as it goes along. Therefore, Social Security has a 20% problem which could be easily corrected by rearranging how the cap on income subject to Social Security is arranged. You can and could also expand the benefits too. Propagandists against Social Security are misleading people when they say it will go broke. Social Security WILL NEVER GO BROKE. It is a matter of the percentage of expectation that can be paid with the resources paid in each year plus any built up reserve.

By the way, one should take a look at all of the advisors and potential Treasury Secretaries for all of the candidates to see how they view Social Security. Check out whether they want to means test it. Check out to see if they want to privatize it etc..

Edit history

Please sign in to view edit histories.

Recommendations

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

53 replies

= new reply since forum marked as read

Highlight:

GOP Wants To Get Younger Generation To Agree To Cut Seniors' Social Security. [View all] TheMastersNemesis Apr 2016 OP

Its up to the 45-55 year olds to set the issue straight. rgbecker Apr 2016 #1

I know some people that have to live on $750/mo. glinda Apr 2016 #13

They are next- services liberal isation will push wages way down. Baobab Apr 2016 #49

And, left to their own devices, they'd do it, too. MADem Apr 2016 #2

First, as you say, they convince the kids... TreasonousBastard Apr 2016 #3

This is a reason to get our debt under control NobodyHere Apr 2016 #4

--- and there are no other expenses to be cut? F-35? Harrier, anyone? Hoppy Apr 2016 #7

There's lots of expenses to be cut and revenues to be raised NobodyHere Apr 2016 #11

The Mic...corporate welfare Pharaoh Apr 2016 #32

We have debt because we have low inflation. the Fed Reserve and banks are in cahoots vkkv Apr 2016 #19

Rothchilds 😡😡😡😡😡😡 newfie11 Apr 2016 #20

Those dangerous JOOOOOOOZ!!!1! tritsofme Apr 2016 #45

Have you seen Michael Moore's movie, "Where to Invade Next?" CrispyQ Apr 2016 #18

Saw it in LittleGirl Apr 2016 #22

We saw it last weekend -- Great movie! Thom Hartmann said that when the movie was released, Michael Akamai Apr 2016 #26

I didn't know that Moore had been sick. CrispyQ Apr 2016 #36

Michael Moore could have died last week:�Trying to get back to just breathing is enough of a burden. Akamai Apr 2016 #53

There is always Carousel Paulie Apr 2016 #5

Logan's Run. Hoppy Apr 2016 #8

Yep! Paulie Apr 2016 #10

They did that with us too. Divide and rule, old as the hills. nt bemildred Apr 2016 #6

Yeah, I was wondering if anyone else would notice this........ socialist_n_TN Apr 2016 #16

"Christian Family Values" Chasstev365 Apr 2016 #9

The GOP has also convinced the uninformed middle-class that the POOR are to blame for the vkkv Apr 2016 #12

Pure evil. You are right. glinda Apr 2016 #14

I saw a post on FB last week. CrispyQ Apr 2016 #15

Great response! LittleGirl Apr 2016 #23

Never forget who the Real Enemy is: the GOP Cryptoad Apr 2016 #17

I'd say the real enemy are corporatists/plutocrats Populist_Prole Apr 2016 #25

Agree. This isn't just GOP Jackilope Apr 2016 #29

Well,,, one party supports Corporate Socialism more than the other. Cryptoad Apr 2016 #37

I don't see the relevance Populist_Prole Apr 2016 #43

For some, "governing" means becoming a partner to business. Spitfire of ATJ Apr 2016 #44

I haven't forgotten the "Grand Bargain". dogman Apr 2016 #28

Good luck on finding ur ,,, Cryptoad Apr 2016 #38

I get it. dogman Apr 2016 #39

No,, i dont think u get how Our Constituional Gubermints works Cryptoad Apr 2016 #40

Divide and Conquer Ferd Berfel Apr 2016 #21

An old GOP game plan - pit one group against another packman Apr 2016 #24

Let's ignore them in Occupy or their involvement Jackilope Apr 2016 #27

Once again, divide and conquer Zambero Apr 2016 #30

GOP tries to convince younger generation to cut their own throats. Iggo Apr 2016 #31

Plus with the GOP in charge Turbineguy Apr 2016 #33

Social Security, a 20% problem Arizona Roadrunner Apr 2016 #34

Divide and conquer. RoccoR5955 Apr 2016 #35

Sad thing is it too often works, especially with the craptasitic corporate MSM we have today and FighttheFuture Apr 2016 #41

Those who seek to gut it will learn, the hard way, that Social Security is there to protect society� Journeyman Apr 2016 #42

GOP Wants to Turn the Younger Generation Against Their Grandparents meow2u3 Apr 2016 #46

they're doing the same thing with pensions Skittles Apr 2016 #47

Meanwhile they want more money for bloody wars seanjoycek476 Apr 2016 #48

The GOP sucks elephant ass. nt ZombieHorde Apr 2016 #50

Younger people are going to be far more in need of it than their parentw and grandparents n/t eridani Apr 2016 #51

the younger generation Locrian Apr 2016 #52