Cornel West is running for POTUS?

Garraty_47

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Biden is *saying* any bullshit he thinks will help him politically but people have to remember who #GenocideJoe the pathological liar is and always has been...

 

Lily

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Biden is *saying* any bullshit he thinks will help him politically but people have to remember who #GenocideJoe the pathological liar is and always has been...



The problem with social security is that at its inception, life expectancy was around 65 years old.

People live (males 8 years, females up to 14 years) a decade on average past that initial life expectancy. We haven't funded it adequately to cover that gap.
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And Washington never fixes a god damn thing.
 

Seamajor

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The problem with social security is that at its inception, life expectancy was around 65 years old.

People live (males 8 years, females up to 14 years) a decade on average past that initial life expectancy. We haven't funded it adequately to cover that gap.
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And Washington never fixes a god damn thing.

But, but who’s money is it? I could care less how it was set up.
 

Garraty_47

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The problem with social security is that at its inception, life expectancy was around 65 years old.

People live (males 8 years, females up to 14 years) a decade on average past that initial life expectancy. We haven't funded it adequately to cover that gap.
Please, Log in or Register to view URLs content!


And Washington never fixes a god damn thing.

Taxes don't "pay" for shit.
Our government creates money by signing legislation decreeing money is to be spent on X Y or Z. They can do that any time they want for anything they want. Just ask the pentagon.

That's the beauty of a fiat monetary system and issuing your own currency.

"How are you gonna pay for it?" has been a scam since we went off the gold standard.

It's just an excuse to not improve the lives of ordinary people (desperate dependent value extracted worker drones) while the 1% raid the treasury over and over and over again.

Wealth is only transferred upward in 'Murica, not down or even across.
 

Seamajor

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Taxes don't "pay" for shit.
Our government creates money by signing legislation decreeing money is to be spent on X Y or Z. They can do that any time they want for anything they want. Just ask the pentagon.

That's the beauty of a fiat monetary system and issuing your own currency.

"How are you gonna pay for it?" has been a scam since we went off the gold standard.

It's just an excuse to not improve the lives of ordinary people (desperate dependent value extracted worker drones) while the 1% raid the treasury over and over and over again.

Wealth is only transferred upward in 'Murica, not down or even across.


Pays me nicely, including medical benefits each month.
 

Lily

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Taxes don't "pay" for shit.
Our government creates money by signing legislation decreeing money is to be spent on X Y or Z. They can do that any time they want for anything they want. Just ask the pentagon.

That's the beauty of a fiat monetary system and issuing your own currency.

"How are you gonna pay for it?" has been a scam since we went off the gold standard.

It's just an excuse to not improve the lives of ordinary people (desperate dependent value extracted worker drones) while the 1% raid the treasury over and over and over again.

Wealth is only transferred upward in 'Murica, not down or even across.

Interesting. So, where does the money that is taken from the income of millions of Americans go?
 

Admin.

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Taxes don't "pay" for shit.
Our government creates money by signing legislation decreeing money is to be spent on X Y or Z. They can do that any time they want for anything they want. Just ask the pentagon.

That's the beauty of a fiat monetary system and issuing your own currency.

"How are you gonna pay for it?" has been a scam since we went off the gold standard.

It's just an excuse to not improve the lives of ordinary people (desperate dependent value extracted worker drones) while the 1% raid the treasury over and over and over again.

Wealth is only transferred upward in 'Murica, not down or even across.
Not sure what you think this Taxes don't fund trope is about, but it only makes you sound like a Baseball hat dude ranting from the pu.
 
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Admin.

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The problem with social security is that at its inception, life expectancy was around 65 years old.

People live (males 8 years, females up to 14 years) a decade on average past that initial life expectancy. We haven't funded it adequately to cover that gap.
Please, Log in or Register to view URLs content!


And Washington never fixes a god damn thing.
For most of recorded in history Human Population Growth Average +/- 2% Group Of 20 or "Advanced Economies" Population growth rates have been steadily declining.....


SS's funding was based on that, as was the Financial Markets*. Now that the USA's worker base is shrinking there are few young bucks to feed us old bucks....so they adjust the withholding % Cut Grandma off SS or Let motivated emigrants in the door to boost that working demographic.


Wall Street Headlines are all about this.

Housing starts were up 6% in the Spring Quarter, Buy Buy Buy!
 

Admin.

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I have no reason to mock him. I want to know what he thinks, has evidence for, or believes. Where does that money go?
He has made that exact same post at least twice recently, with no follow up.
 
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LotusBud

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As it pertains to windfall profits, often teachers aren't paying into SS, the taxes aren't withheld. Do you know if that's what happened to you?

Though I am collecting a pension, I am eligible, but had to pay social security taxes at the standard rate of any other employee.
Sorry. No. I paid into SS and they are taking half of my calcuated payments. I know precisely how this BS law is affecting me, trust me. I am talking about them reducing my earned benefits, because I worked SS jobs half my life and paid in at the standard rate. Look it up. It's a lot of double speak, but believe me, I have gone around and aroundwith this and I know what the law is. It is something our statewide union leadership always tried to address, and we were always completely rebuffed.
 

Lily

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Sorry. No. I paid into SS and they are taking half of my calcuated payments. I know precisely how this BS law is affecting me, trust me. I am talking about them reducing my earned benefits, because I worked SS jobs half my life and paid in at the standard rate. Look it up. It's a lot of double speak, but believe me, I have gone around and aroundwith this and I know what the law is. It is something our statewide union leadership always tried to address, and we were always completely rebuffed.

I was just asking because as a former public employee, this doesn't impact me. I don't understand why they did this to teachers, specifically.
 
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LotusBud

LotusBud

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For most of recorded in history Human Population Growth Average +/- 2% Group Of 20 or "Advanced Economies" Population growth rates have been steadily declining.....


SS's funding was based on that, as was the Financial Markets*. Now that the USA's worker base is shrinking there are few young bucks to feed us old bucks....so they adjust the withholding % Cut Grandma off SS or Let motivated emigrants in the door to boost that working demographic.


Wall Street Headlines are all about this.

Housing starts were up 6% in the Spring Quarter, Buy Buy Buy!
And they pull shit like the WPE. The biggest problem is that there is a ceiling for high earners AND the banksters raid SS all the time in very sneaky ways.
 
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LotusBud

LotusBud

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I was just asking because as a former public employee, this doesn't impact me. I don't understand why they did this to teachers, specifically.
I'm just saying we are the most impacted. Especially college professors, because 70% of us earned very small pensions as we are/were contingent employess, yet our SS still gets cut if we have SS earnings.