Are you Democrats happy that you screwed the rest of us on Social Security?

Question

I saw Hildabeasty and the rest of the Democrankies giving themselves a standing ovation at the last State of the Union Address, all full of pride in themselves for defeating the President's efforts to fix Social Security by investing in the Stock Market. Now the Stock Market is over 12,000 and heading for 13,000 and Social Security could have been solvent by now if not for their traitorous actions. The prefer this Pozie Scheme we're stuck with where we tax our future workers to pay for the present retirees' benefits. How can you even consider a vote for any of these losers, especially you young people because, when you retire, there won't be anything left for you thanks to them.

Answer 1

The democrats are so nobodies fool. They love having the Social Security account to play with as their own personal petty cash. They will do anything they can to destroy this nation as fast as they can. They are on a socialist course and they aren't being very crafty about it. The good news for them is that most of their constituents are dumb as rocks and believe everything they are told. The bad news is that the Republicans recognize their stench and are doing everything we can to thwart it.

By some of the answers on here, most are ignorant as to how the plan was going to work. The democrats are good at confusing the facts to aid their agenda.

Answer 2

Thank you for once again proving that NeoCons can neither read nor do math.

If we had adopted the President's Social Security plan, the net difference between what we would have had and what we DO have is that about 10% of the work force would have started putting 7% of their FICA into the stock market beginning in 2006. By no stretch of the imagination would that have made social security solvent by now.

The problem with Social Security is the same as we are seeing with lots of pension plans for major corporation today: they were instituted as 'pay-as-you-go' systems and no one was paying attention to the trends in retirement ages, life expectancy, inflation, and globalization. So the government took the money out of Social Security a spent it (and both parties are equally guilty on this point), and now they have nothing with which to pay the retirees.

And while the Dow is up, the single biggest issue that will make it impossible to cover our social security costs is the national debt, which has doubled under this administration. Because of them, the US government will have to pay and additional $250 billion every year in interest on the increase in the debt since 2000. Now, if we had an additional $250 billion dollars every year, I think we could cover social security. Don't you?

Answer 3

Ask the individuals whose 401ks have lost their fee in the event that they think of privatization exchange right into a stable theory. Privatization ability you could make investments it your self, this might paintings out properly or it could advise Aunt Millies loses her girdle. the clarification Social secure practices exchange into inititated exchange into by way of fact in the process the full melancholy the individuals lost their money and reductions interior the inventory industry, and had no longer something left. no longer something...nada. Even the Republicans did no longer choose it, they did have the majority and the White living house for 6 years that they might have pushed this by if that they had had to, yet they did no longer. are you able to think of the catastrophe if that they had, with thirty banks going below and bailouts already totaling interior the billions? thinking the quantity of fraud occurring interior the banking company, honesty wasn't even on the table with that team. the better way that they are going to make up the shortfall is to improve the cap on how lots you additionally could make earlier no longer paying FICA. top now bill Gates and an accountant pay with regard to a similar into the fund. improve the cap to $250,000 of earnings earlier FICA ends and the fund would be flush for a century to come returned. Social secure practices isn't a needs based application, come Gates birthday at sixty seven, he would be getting an entire verify interior a similar quantity as aforesaid Aunt Millie.

Answer 4

Your opinions are great but the stock market is always subject to crash and all of the social security $$ would go as well. I do agree that we tax our future workers to pay for retiree benefits... you seem to be very knowledgeable and I, for one, would welcome your opinion on the subject.

Answer 5

Yea,stocks,1988,2000, i paid in for 46 years,the money would be there for all generations,but they take the money out for other purposes,like the war,they are setting up bonds to repay the money,good luck.

Answer 6

Thats how they have always operated. Issues of real importance are swept under the rug, and then you have issues of "low lifes" like abortion, homosexuality, stock markets that take precedence..... go figure...

Answer 7

it's not only the democrats...both parties favor ss benefits for illegals all the while cutting benefits for Americans.... SS would have never been insolvent if our government hadn't continually opened up SS benefits to foreigners or hadn't continually "borrowed" from SS to fund their "pet projects"- Take your choice neither party represents middle-class Americans!

Answer 8

and what would have happened if the administration had invested say half of the social security trust fund in to enron stock? or any one of those companies that went belly-up?

Answer 9

They won't be happy until they make every tax paying American have an abortion or submit themselves upon the alter fo homosexuality.
Then they'll be happy...and on welfare.

Answer 10

Thanks for that insightful argument there, David. What is the next Social Security fix? Playing the lottery?