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In reply to the discussion: Look folks, politics aside, we might have to cut SS benefits 30 years from now... [View all]davekriss
(4,660 posts)64. Again, that is based on GDP growth of 1.8%
At 3.1%, the historical average, social security benefits can actually be increased. Why would we make cuts now when, more likely, the system will have more funds than it needs over the next 70-75 years?
The issue is the ruling class and their media monkeys don't want to pay for redemption of the Treasury Bonds purchased with the surplus FICA taxes we've all been paying since 1983.
Why should working Americans take the hit? Why not the predatory robber barons? Over the past 30 years they successfully engineered a redistribution of wealth into their pockets. As a result, we once again have the inequalities of the Guilded Age and Roaring Twenties. Don't let them do it! Stand your ground, fellow citizen!
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Look folks, politics aside, we might have to cut SS benefits 30 years from now... [View all]
cthulu2016
Dec 2012
OP
Why don't we instead talk about de-coupling the means by which PUBLIC debt is financed from
patrice
Dec 2012
#10
One does wonder how this rhetoric looks to younger generations. Link please? I need to read up.
patrice
Dec 2012
#2
Right on! & I think one route that would help would be to stop talking exclusively in terms of
patrice
Dec 2012
#68
As members of a younger generation, we have to remember there was a lot of history before us
jeff47
Dec 2012
#81
Agree. I'm betting that 20/30 years a 8% or so cumulative "cut" from Chained-CPI will look good.
Hoyt
Dec 2012
#16
Wow, pass it on to next generation. If we think it is going to happen, why do that?
Hoyt
Dec 2012
#19
I'm sorry, the younger folks are in essence paying our benefits. We have to consider them.
Hoyt
Dec 2012
#76
Actually, it's not a Tbag talking point. A poster right here said cut the next generations benefits
Hoyt
Dec 2012
#80
Cut it all is OK with me, but it's a drop in the bucket. As to your last line, have a good life.
Hoyt
Dec 2012
#85
Okay, so where is that 30 year figure coming from? Shouldn't we go after that source?
patrice
Dec 2012
#13
Colbert is a genius, but yeah, supposedly RWers think he's really one of them. What kills me is that
Dark n Stormy Knight
Dec 2012
#18
"Its not things that are lacking, regardless of growth and demographics, its fair distribution." +1
HiPointDem
Dec 2012
#31
Hahahahaha... you have a dry sense of humor. We need to raise revenue and protect it all. Done.
The Wielding Truth
Dec 2012
#14
Not me, but I'm not for f*cking over my generation and our children either
democrattotheend
Dec 2012
#21
it's your post characterizing the OP as right-wing talking points i refer to.
HiPointDem
Dec 2012
#42
Link to any member of the GOP saying that cutting benefits now to prevent future benefit cuts
HiPointDem
Dec 2012
#47
This is nonsense. SS needs only two things to make it solvent for the next 75 -
sabrina 1
Dec 2012
#34
Exactly. And ss has nothing to do with the budget. It is all about reps
Evergreen Emerald
Dec 2012
#38
The TF already has over $2.5 trillion dollars in securities in it. How about the general fund pay
HiPointDem
Dec 2012
#43
Engage with reality, would you? Congress is debating MORE TAX CUTS along with SS cuts.
Romulox
Dec 2012
#87
BUT their math doesn’t add up, and their hostility isn’t really about dollars and cents.
Jefferson23
Dec 2012
#58
You heard them--they don't expect to be alive in 30 years, so they don't care...
Romulox
Dec 2012
#89
+++1 & put the money saved into developing authentically NEW forms of entrepreneurship which
patrice
Dec 2012
#70
if we cut our military spending in half, we'd still spend more than the next 4 countries combined
Major Nikon
Dec 2012
#79
That WOULD make it easier to talk about DEVELOPMENT, e.g. HR 676 Expanded & Improved Medicare for
patrice
Dec 2012
#72
Immigrants will one day want to collect Social Security, themselves. Either the plan is sound
Romulox
Dec 2012
#92