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Post by oldskeet on Sept 1, 2021 8:52:24 GMT
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Post by steelpony10 on Sept 1, 2021 11:26:49 GMT
So a last minute patch job as usual. Check Medicare. |
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Post by yogibearbull on Sept 1, 2021 12:52:12 GMT
So many fixes are possible, raising % contributions, raising salary caps, etc. But a will is needed, so yes, a last minute fix will be found.
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Post by xray on Sept 1, 2021 17:41:54 GMT
Unless "BIG" changes are made with regard to our unemployment problem [no money going into the till], we should see a "CUT" long before 2134. In addition, Disability benefits are growing substantially [have you seen the lawyer ad's on TV lately for helping to get them] since the President Obama's years and now >62% of our current population don't have to pay income taxes. Once we went from the 43% to over 50% we all knew that the wind that was blowing is "not to work"....
Live Long and Prosper....
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Post by Chahta on Sept 1, 2021 23:00:06 GMT
Unless "BIG" changes are made with regard to our unemployment problem [no money going into the till], we should see a "CUT" long before 2134. In addition, Disability benefits are growing substantially [have you seen the lawyer ad's on TV lately for helping to get them] since the President Obama's years and now >62% of our current population don't have to pay income taxes. Once we went from the 43% to over 50% we all knew that the wind that was blowing is "not to work".... Live Long and Prosper.... I really do not foresee a cut. Too many in this country rely on SS. I could see the IRMMA raised. |
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Post by Mustang on Sept 1, 2021 23:37:24 GMT
Unless "BIG" changes are made with regard to our unemployment problem [no money going into the till], we should see a "CUT" long before 2134. In addition, Disability benefits are growing substantially [have you seen the lawyer ad's on TV lately for helping to get them] since the President Obama's years and now >62% of our current population don't have to pay income taxes. Once we went from the 43% to over 50% we all knew that the wind that was blowing is "not to work".... Live Long and Prosper.... Payroll taxes are different than income taxes. Low income workers pay payroll taxes even if they don't pay income taxes.
And I agree with most on this thread. Too many people depend on social security and Medicare... and they vote. There will be a last minute fix like before.
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galeno
Commander
KISS & STC
Posts: 221
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Post by galeno on Sept 2, 2021 13:51:20 GMT
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Post by yogibearbull on Sept 2, 2021 14:04:21 GMT
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Post by johntaylor on Sept 2, 2021 16:40:32 GMT
Sad to say, I know that IRMMA table
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Post by richardsok on Sept 2, 2021 17:13:57 GMT
We have already seen the ruling class distribute added trillions of entitlements to the little people, and - surprise - there has been no sudden consequence. No market crash, no ugly recession, no ruinous price spikes; just a moderate increase in the rate of inflation; hardly enough for the voters to connect massive new distributions to inevitable erosion of buying power.
Give the McDonalds burger flippers $20 an hour minimum wage today and they'll hardly connect it to $5 gasoline or 60-cent postage stamps next year. They'll gripe, but they won't make the connection.
So long as Washington can create new rivers of money, entitlements like Social Security will be maintained. That's how incumbents get re-elected.
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Post by Chahta on Sept 2, 2021 23:26:21 GMT
Sad to say most of our politicians are insane. But they get away with it and more... |
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Post by jongaltiii on Sept 2, 2021 23:53:41 GMT
Politics and/or politicians = backstop to SS benefits. There will never be a “cut” unless our system implodes. Not likely. SS running out or being cut makes for sensational headlines, stories and clickbait and that’s about it. In other words… what richardsok said. |
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Post by johntaylor on Sept 19, 2022 0:52:22 GMT
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship...”
Alexander Fraser Tytler
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