Not to mention the dark secret that people are only just realizing..

Current Events » in reply to Serious Insecurities concerning Social Security 'Reform'

Not to mention the dark secret that people are only just realizing..

Tony — 2/4/2005 9:08:14 PM (archived)

The personal accounts do nothing whatsoever to "save" Social Security.*
You still have the same underfunded problem - only more so since less is coming in.
Next person to say this is about "fixing" or "guaranteeing" SS for future generations gets a swift kick in the behind.....

*Given the right plan, I could be persuaded that partial privatization could be a good thing.

The whole thread (75 posts)

Serious Insecurities concerning Social Security 'Reform' - Davin L. - 2/4/2005 7:33:36 PM
- My plan to reform Social Security - David F Mayer - 2/6/2005 5:30:47 PM
  - Thats actually a pretty good idea, IMO - Davin :. - 2/6/2005 6:03:03 PM
    - If it "over-funds" the system, just cut the tax rate. Simple. (n/t) - David F Mayer - 2/7/2005 4:08:06 AM
      - The late Senator Moynahan proposed that several years ago - Larry J - 2/7/2005 7:08:41 PM
    - The system is currently overfunded as it is - Larry J - 2/6/2005 10:34:10 PM
      - Not if it is to become a VESTED system with assets backing liabilities. - David F Mayer - 2/7/2005 4:11:01 AM
        
        Question - where did you come up with your $20 trillion figure - Larry J - 2/7/2005 3:39:53 PM
        
        re: Question - where did you come up with your $20 trillion figure - Tom Brosz - 2/7/2005 7:08:06 PM
        
        As in the estate tax... - Larry J - 2/7/2005 8:09:19 PM
        
        re: As in the estate tax... - Tom Brosz - 2/7/2005 8:16:33 PM
        
        I agree about the homes - Larry J - 2/7/2005 8:39:49 PM
        
        But the simple solution still remains - Davin :. - 2/7/2005 8:57:33 PM
        
        I don't think it's a viable solution - Larry J - 2/7/2005 9:51:52 PM
        
        Interesting thoughts - can't help but think of global warming... (n/t) - LJ - 2/8/2005 4:39:23 AM
      - re: The system is currently overfunded as it is - Davin :. - 2/6/2005 11:31:08 PM
        
        re: The system is currently overfunded as it is - Larry J - 2/7/2005 7:03:18 PM
        
        good dates and numbers - Davin L. - 2/7/2005 10:23:27 PM
        
        A forecasts have to be taken with a grain of salt - Larry J - 2/8/2005 2:52:12 PM
        
        Analogies to personal finance are consistently misleading when talking about Gov't finance - Davin :. - 2/8/2005 3:26:57 PM
        
        Some good stuff. - Tom Brosz - 2/8/2005 5:19:09 PM
        
        Thanks - Davin :. - 2/9/2005 12:04:41 AM
        
        re: Dogma - Tom Brosz - 2/9/2005 6:55:19 AM
        
        re: Dogma - Davin :. - 2/9/2005 5:23:40 PM
        
        Dogma, or just reality? - Tom Brosz - 2/9/2005 8:34:08 PM
        
        re: The system is currently overfunded as it is - Davin L. - 2/7/2005 9:52:02 PM
        
        Interesting how politics works... - Tom Brosz - 2/7/2005 10:42:08 PM
        
        See Tom, See Tom Spin - Davin L. - 2/7/2005 11:40:25 PM
        
        re: Spin - Tom Brosz - 2/8/2005 12:50:47 AM
        
        corrected HTML - Davin L. - 2/7/2005 9:55:03 PM
    - I could live with that. - Tom Brosz - 2/6/2005 9:10:46 PM
- Not to mention the dark secret that people are only just realizing.. - Tony - 2/4/2005 9:08:14 PM
  - The only true fix for SS - ebnelson - 2/5/2005 12:39:55 PM
    - thats hogwash. - Davin :. - 2/5/2005 5:09:21 PM
      - If it is hogwash to point out that a system that confiscates 15% of US payrolls is unfair, so be it. - ebnelson - 2/6/2005 7:00:59 AM
        
        Thats not what you said. - Davin :. - 2/6/2005 5:44:20 PM
        
        Please show the evidence that SS delivers 2-3% > inflation? - ebnelson - 2/8/2005 1:46:34 PM
        
        Please read what I wrote - Davin :. - 2/8/2005 2:03:08 PM
        
        Long term T rates - ebnelson - 2/8/2005 7:48:13 PM
        
        re: Long term T rates - Davin :. - 2/8/2005 8:08:41 PM
  - More to the point - Davin L. - 2/4/2005 10:29:21 PM
  - re: No big secret. - Tom Brosz - 2/4/2005 10:24:28 PM
    - Tom hit the BS buzzer - DL - 2/4/2005 10:34:13 PM
      - So the fix is to simply confiscate more and more money? - ebnelson - 2/5/2005 12:43:16 PM
        
        Why are you incapable of reading what I wrote? - Davin L. - 2/5/2005 4:54:54 PM
        
        If you don't understand how the system works, perhpas you should learn a bit before declaring it wonderful? - ebnelson - 2/6/2005 7:03:35 AM
        
        God, Eb, its pointless talking to you - Davin :. - 2/6/2005 5:27:29 PM
      - Further, they always claim that it must get worse and worse - alcaray - 2/5/2005 3:36:50 AM
      - Bartleby the Scrivener - Melville - 2/4/2005 11:04:28 PM
      - Does anyone else see the political weirdness here? - Tom Brosz - 2/4/2005 10:58:38 PM
        
        Not my problem, Tom, that you have a propensity for strawman arguments and distorting positions you disagree with - Davin L. - 2/4/2005 11:16:53 PM
        
        More on the Amazing Vanishing Social Security Crisis - Tom Brosz - 2/5/2005 1:34:21 AM
        
        The DNC choice to take the position that after all the years of claiming there was a crisis, now there isn't one, will not hold up. (n/t) - ebnelson - 2/5/2005 12:45:01 PM
        
        again - Davin :. - 2/5/2005 6:14:45 AM
        
        re: Social Security as welfare - Tom Brosz - 2/5/2005 8:30:01 PM
        
        "Wealth redistribution" - Mary Anne - 2/6/2005 4:27:51 AM
        
        re: "Wealth redistribution" - Tom Brosz - 2/6/2005 8:53:55 PM
        
        Money isn't everything. - Mary Anne - 2/6/2005 9:41:27 PM
        
        "Society owes them?" You really want to go there? - Tom Brosz - 2/6/2005 10:14:51 PM
        
        You show a complete lack of understanding that there is more to the social contract than money and property.. - Mary Anne - 2/6/2005 11:30:13 PM
        
        The church does not have a gun. - Tom Brosz - 2/7/2005 12:02:55 AM
        
        No. Only the threat of Hell. - Mary Anne - 2/7/2005 2:10:45 AM
        
        re: No. Only the threat of Hell. - Tom Brosz - 2/7/2005 2:32:20 AM
        
        OK: so according to you... - Mary Anne - 2/7/2005 3:41:19 AM
        
        re: OK - Tom Brosz - 2/7/2005 4:14:11 AM
        
        Also - Davin :. - 2/6/2005 11:33:00 PM
        
        "The best things in life are free." - Tom Brosz - 2/7/2005 12:05:51 AM
        
        correction, misread something Tom said - Davin L. - 2/4/2005 11:25:12 PM
        
        No problem. - Tom Brosz - 2/4/2005 11:55:04 PM
- What Ed said. - Tom Brosz - 2/4/2005 8:36:34 PM
  - re: What Ed said. - Davin L. - 2/4/2005 10:55:02 PM
    - Investment stuff - Tom Brosz - 2/5/2005 12:30:11 AM
      - more later, if I can, but - Davin L. - 2/5/2005 2:38:15 AM
    - What Bush said today: "Everything is on the table except payroll tax increases." - Tom Brosz - 2/5/2005 12:04:58 AM
- Very good points - ebnelson - 2/4/2005 8:00:36 PM

Recent posts

On this day in Current Events

The whole thread (75 posts)