Socialism (Page 1/2)
shemdogg DEC 08, 09:27 PM
I dont get why people want it, it doesnt work, it hasnt worked, and only sounds good if you cant think for yourself. I dont need the government to do things for me, I have a brain. Look at venezuela. Government run things are sh!tty and expensive. Look at the dmv, look at caltrans- we got potholes so big they make the 35s on my truck bounce. Cant imagine what these roads ddo to the smaller commuter cars. Everything run by the government sucks.


FU@K Socialism

shem
Jake_Dragon DEC 08, 11:29 PM
Its bad enough that we have to work 8 hours a day 5 - 6 days a week till we reach retirement and hope we are able to retire.
What is the incentive if you start taking what I worked for and give it to someone else?
SS should be redistributed to only those that have paid into the program. You want to be social use someone else's money,
blackrams DEC 09, 11:17 AM

quote
Originally posted by Jake_Dragon:

Its bad enough that we have to work 8 hours a day 5 - 6 days a week till we reach retirement and hope we are able to retire.
What is the incentive if you start taking what I worked for and give it to someone else?
SS should be redistributed to only those that have paid into the program. You want to be social use someone else's money,



If I may: If you want to be Social, use your own money!
IMHO, only those who have contributed a minimum of 25 years should be allowed to draw full benefits. Anyone less than that (who has contributed) should only receive a partial payment of full benefits proportioned on a sliding scale. The less you contributed, the less you get.

Rams
Boondawg DEC 09, 11:47 AM

quote
Originally posted by blackrams:

IMHO, only those who have contributed a minimum of 25 years should be allowed to draw full benefits. Anyone less than that (who has contributed) should only receive a partial payment of full benefits proportioned on a sliding scale. The less you contributed, the less you get.

Rams



Been coughing up to the kitty for 45 years.
I've already made my "Will Work For Food" sign...
blackrams DEC 09, 12:47 PM

quote
Originally posted by Boondawg:


Been coughing up to the kitty for 45 years.
I've already made my "Will Work For Food" sign...



This leads me to assume you may have planned on Social Security as your primary retirement income.

While I do expect to receive from the "system" I was forced to donate to, I do not expect that fund to be around the rest of my life.

My hope would be that we all plan ahead. And, yeah, I also should have invested more.

Rams

[This message has been edited by blackrams (edited 12-09-2018).]

Tony Kania DEC 09, 01:47 PM
I do not need anyone's input to lead my own life. Others do, but I do not. Socialism does not work for me, nor do I require it for any of my decision making.

I can grasp how many feel the need throughout their own lives to suck off of the teet. I fail to see how I can benefit? Yes, me.


MidEngineManiac DEC 09, 02:21 PM
What ???

You mean you guys dont want to work for 50 years to buy me a mansion, a Rolex, and 3 Ferrari's ?

I'm shocked !

randye DEC 09, 02:51 PM

quote
Originally posted by blackrams:


If I may: If you want to be Social, use your own money!
IMHO, only those who have contributed a minimum of 25 years should be allowed to draw full benefits. Anyone less than that (who has contributed) should only receive a partial payment of full benefits proportioned on a sliding scale. The less you contributed, the less you get.

Rams



SS benefits are indeed on a "sliding scale", and, yes, the less you contributed, the less you get.

Your benefit at full retirement age is based on your highest 35 years of earnings prior to when you begin taking benefit payments.

https://www.ssa.gov/OACT/Pr.../retirebenefit1.html

My wife has not worked outside the home for much of her adult life so her SS earnings are miniscule compared to mine, however when she retires she can elect to take the "spousal benefit" which will give her 50% of the amount that I receive or she can take her own SS earnings amount, whichever is higher.

I have already met the income level over my lifetime for the maximum SS benefit amount anyone can get, so if I elect to begin taking benefits next year I will receive $2,918.22 / mo. and my wife will receive 50% of that, ($1,459.11 / mo.), for a monthly benefit total of: $4,377.33

Considering the amount that I have paid into SS over my lifetime, that total amount is truly sad.

[This message has been edited by randye (edited 12-09-2018).]

MidEngineManiac DEC 09, 06:09 PM
More for the Canadian, not sure if you US guys have something similar.

If you get sick or end up disabled, you can apply for a tax refund to help cover the extra costs over the years of your illness. Its not a "benefit" per se, since you already paid it, just a refund you could have claimed and didn't (for some people). I haven't bothered yet, but I know it sure helped cover some of dad's expenses when he was sick. His 1st fight with cancer was actually 2007, they took out 7 feet of bowel, and he didnt bother claiming from then until 2014 when it got him really bad so there was 7 years of built-up savings there.
DanFiero DEC 09, 06:48 PM
This should've been marked Political