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kbm8795 said:That wacko is one of the biggest financial supporters of the Republican Party and is a personal friend of the Bush family. . .
First off, let me start by saying I'm glad I can debate someone without name calling and having a flame war. Secondly, I'd have to double check your numbers but I really don't trust the gov't with my money. And yeah, the program is defendable from a moral standpoint, but I still think it's a little socialist to have the gov't control your retirement income.Decker said:Nonsense. You will see every single thin dime promised to you. Of the three projections for benefits made by SS actuaries, the rosy scenario has the trust funding all benefits fully well into the 2nd half of the century. The medium projections show a slight shortfall that's easily fixable w/out raising taxes. The gloomy scenario, the one utilized by the Bush people for its privatization canard, shows a mild shortfall in benefits paid by 2043. In short, unless Bush can privatize SS, your benefit will be there.
No doubt SS was expanded beyond the original intent of providing retirement income from payroll taxes. But thanks largely to all 3 components, the retirement income, disability and death benefit portions of the current form of SS, we have less than 10% of our aged population living in poverty conditions. The idea of SS retirement income is that we won't have to wait until conditions for the aged are so desperate that they are forced into the streets as beggars or buying cat food to eat instead of making heating bill payments or rent. SS's spreading around of the costs of the aged, like insurance, has guaranteed thm a modicum of dignity in one's golden years.
If that pisses you off, then you should be absolutely livid over the annual raping of our governmental budget by defense contractors.
Fiscally speaking, SS is one of the most efficient and wildly successful governmental programs ever. The administrative costs come out to a little less than 1% of the total program's cost. Compare that to the 17-25% overhead of privatized insurance bureacracy.
Also, the pay-as-you go method of funding SS ensures that everyone that pays into it gets a benefit. Current payments pay current benefits. It is not a matter of the government 'taking your money and holding it for you.' That is not how it works.
We can never insure one hundred percent of the population against one hundred percent of the hazards and vicissitudes of life, but we have tried to frame a law which will give some measure of protection to the average citizen and to his family against the loss of a job and against poverty-ridden old age. Franklin Delano Roosevelt
In short, you're wrong. SS is not pathetic. It's vital and effective.
Possibly the only statement you've ever made that I whole-heartedly agree with.clemson357 said:
Aside from that, you must be a real supported of BIG government. Just the thought of a mandatory program where the government confiscates more of your money, on top of taxes, no matter what your salary is, as a mandatory retirement plan is just repugnant to me. If it is so advantageous for people without the ability to have a 401K, why don't we make it optional for anyone with a 401k?
of course, the reason we can't make it optional is that the money the government confiscated for the people currently recieving the benefit is long gone, and we depend on the people currently paying in the system to keep it afloat.
Of course I speculated with that conclusion. Comparing one form of bigotry to another is fair game. Isn't it?clemson357 said:I'd be more interested in debating your groundless generalizations, such as 'these people would support seperate but equal...'
Your ears hear right-wing propaganda. It's no wonder you think SS is 'broken'. They've been lying to you for so long that you don't know what to believe. For facts look to the annual statement of SS actuaries and not GWB or Hannity. http://www.socialsecurity.gov/ Look for the annual report b/c Bush et al. have already infected the sight with some privatization crapola.clemson357 said:
I'll admit, I haven't exactly done days of research on the subject. However, from what I can glean just from keeping my ears open Social Security doesn't 'obviously work,' in fact it is far from it. In fact, aren't there plenty of signs that say SS is failing, and that people entering the work force now have a 0% chance of seeing any money upon retirement unless the system is completely overhauled?
Aside from that, you must be a real supported of BIG government. Just the thought of a mandatory program where the government confiscates more of your money, on top of taxes, no matter what your salary is, as a mandatory retirement plan is just repugnant to me. If it is so advantageous for people without the ability to have a 401K, why don't we make it optional for anyone with a 401k?
of course, the reason we can't make it optional is that the money the government confiscated for the people currently recieving the benefit is long gone, and we depend on the people currently paying in the system to keep it afloat.
clemson357 said:I guess that is the basic difference between liberals and conservatives:
conservatives would rather depend on themselves and keep the government out of everything possible
Except the bedroom
liberals would rather conclude that people cannot survive without government control.
honestly, what makes you think people cannot plan for their own retirement?
I think reasonable people conclude that some people need help to get by in this country. If SS keeps 13 million elderly out of poverty every year, does that mean they are all freeloaders. SS is not investment sensitive (the vagaries of the Market don't affect it). Depend on yourself? I'm sorry but the very nature of historical society is that we stand on the shoulders/achievements of others. Does this mean you can do all these things by yourself too:clemson357 said:I guess that is the basic difference between liberals and conservatives:
conservatives would rather depend on themselves and keep the government out of everything possible
liberals would rather conclude that people cannot survive without government control.
B/c in system of shared benefits, there are shared burdens. You benefit immensely from not having 13 million seniors in poverty but you don't want to pay for it. You make a good point about how much tax is necessary. That's a moral question. We've already answered it by imposing a nominal progressive income tax rate. The rich pay more. True SS is funded by a flat tax (though the medicare tax is not capped at $95,000) but morally it is worth it. For old people, for the disabled, for the widowed etc. To me, these are the last people in our country that should feel the sting of budgetary cuts. You obviously feel otherwise.clemson357 said:honestly, what makes you think people cannot plan for their own retirement? I mean, you can drop all the theoretical lecture about the social contract and taxes being necessary. Obviously taxes are necessary in any society that wants a government; the point is not whether taxes are necessary but rather how much government is necessary and consequently, how much tax is necessary.
answer me this: if social security benefits the people who supposedly cannot afford a 401k, then why not make it optional for anyone who has a 401k?
The system is pay-as-you-go so I would hope the government spends the money as it comes in. The corrupt politicians spent the excess in an ignoble way. That's why we as vigilant citizens must call them on it.clemson357 said:The answer is that the system is fucked, the government DIDNT save the money they took from the first payers of social security. They spent it. That was the plan behind social security, not helping the poor, but finding an immediate source of extra money. Now the US is stuck in this system because they need current payers to give money to current recipients. If they had saved the original money, we wouldn't be in this predicament.
Yeah, some government is corrupt--especially the Bush administration...look to where the gov. farms out work to private businesses and you'll find more corruption than anywhere. Does that sound familiar? Bush and co. have 'privatized' gov. services more than any other administration in history. Is that why there's no surprise that billions 'disappear' from these corrupt fucks? http://www.amconmag.com/2005/2005_10_24/cover.htmlclemson357 said:The government is the largest, most inefficient, and most corrupt organization in any society throughout history. If I want to save my money and invest it as I see fit, I should be able to do that.
Decker said:Does this mean you can do all these things by yourself too:
- Printing the very dollar bills with which people trade.
- Public roads.
- Rural electrification.
- Government subsidized telephone wiring.
- Satellite communications.
- Police protection.
- Military protection.
- A criminal justice system.
- Fire protection.
- Paramedic protection.
- An educated workforce.
- An immunized workforce.
- Protection against plagues by the Centers for Disease Control.
- Public-funded business loans, foreclosure loans and subsidies.
- Protection from business fraud and unfair business practices.
- The protection of intellectual property through patents and copyrights.
- Student loans.
- Government funded research and development.
- National Academy of Sciences.
- Economic data collected and analyzed by the Bureau of Economic Analysis.
- Prevention of depressions by Keynesian policies at the Fed (successful for six decades now).
- Dollars protected from inflation by the Fed.
- Federal Emergency Management Agency.
- Public libraries.
- Cooperative Extension Service (vital for agriculture)
- National Biological Service.
- National Weather Service
- Public job training.
Decker said:B/c in system of shared benefits, there are shared burdens.
Decker said:The system is pay-as-you-go so I would hope the government spends the money as it comes in.
brogers said:My favorite part of the liberal logic regarding income redistribution/welfare/SS:
Individuals with their own well-being at stake are incapable of planning for their retirement, however, the government, which is ran by individuals (the same individuals who are too stupid to do it themselves, right?) who have basically no accountability for their actions and will not be harmed by bad decisions they make with others' wealth, will do the right thing and plan properly!
Why? Because the government cares more about your well-being than you do! .....
Decker said:Are 13 million elderly simply idiots needing SS to avoid the poor house? The world needs ditch diggers too. 50% of americans do not own 1 share of stock. America as a whole has a negative savings rate. 1/2 of the people out there are below the average intelligence quotient. So I suppose my answer is, "Yes" some people need a helping hand in organizing/managing/financing their affairs. Is that so difficult to see. Some people need help.
That's a baseline. You are free to go as high as you please. Just leave the helping hand of gov. to those in need and pay your damn taxes. You can assume all you want about the virtues of 'everybody getting out of the cart and pulling it' but that's just starry-eyed dreaming. The fact is, is that we have a segment of society that's not fully competent requiring gov. assistance. I don't like that brute fact either but it happens to be true.
If I get pedantic about the role of taxation in our society it's only b/c I like to hear myself talk and people generally forget those facts and attribute any of their own successes to mere individual accomplishment.
Supplementing the population's retirement staves off much more costly things that will happen down the road absent that supplement. How is that the same thing? Pay a little now up front or pay a shitload later.
Investing in one's future is fine. But that also leaves open the possibility of losing one's investment. It happens. That's why SS is funded w/ gov. bonds and practically risk free. SS is not a wealth creating enterprise--it never was. It's a safety net.
clemson357 said:Exactly.
Assume that I am a savvy investor, and I turn a large profit on my own investments. Say at an inflation rate of 4%, my profit is an average of 12%. The money the government so wisely invested for me comes back at a rate of 5% profit, so ruffly the same as inflation. Is the government going to give me the 7% difference? Of course not.
See my post above about a certain segment of our society managing their own affairs...they are less than competent.brogers said:My favorite part of the liberal logic regarding income redistribution/welfare/SS:
Individuals with their own well-being at stake are incapable of planning for their retirement, however, the government, which is ran by individuals (the same individuals who are too stupid to do it themselves, right?) who have basically no accountability for their actions and will not be harmed by bad decisions they make with others' wealth, will do the right thing and plan properly!
Why? Because the government cares more about your well-being than you do! .....
I answered that. But here's the gov. rationale why everyone gets it:clemson357 said:So what about the question you keep avoiding: why not let SS be optional for anyone who invests a certain amount in their own 401K?
SS gets paid to everyone, even the millionares. Why not let the system apply to those who don't invest in their own well being, and let the people who want to be independant do so?
Decker said:I answered that. But here's the gov. rationale why everyone gets it:
Almost all workers pay in and almost all workers get a benefit. That leaves the insurance aspect of SS intact. That's why SS is not means tested. It's not a handout but an earned benefit.
On the larger question of why no opt out, that's why I gave you that list of things that taxes pay for. The moral of that story is that we are individuals and a society all at once. One cannot pick and choose how one's tax dollars are spent b/c of disagreement. If that were so, I'd pay only 1/2 my income taxes to reduce defense spending. The old need help so they get help. The SS system retains a contribution in and benefit out arrangement to preserve dignity in work...even for the ditch diggers who couldn't possibly fund their own retirement through personal savings.
It's Society's retirement safety net...NOT a wealth creating vehicle subject to loss.
Decker said:It's Society's retirement safety net...NOT a wealth creating vehicle subject to loss.
Thanks DOMS. The tensions btn acute individualism, responsibility and societal obligations are always fun to look at. It is so easy to go overboard either direction.DOMS said:Well said.
It hasn't lost tons of money and it is eminently sustainable...just ask any actuary. You are correct, the unsustainability and fragile state of SS has been highly publicized. That doesn't mean it's correct. Those statements are propaganda.brogers said:It has lost tons of money.. it just isn't manifesting itself yet(because the current generation is picking up the tab), it isn't a sustainable program, I thought this was highly publicized?
People have to be responsible for themselves.
Decker said:Thanks DOMS. The tensions btn acute individualism, responsibility and societal obligations are always fun to look at. It is so easy to go overboard either direction.
Exactly. It's off topic a bit but the fastest way to fix that corruption is public financing of elections. Remove the temptation from these weak individuals/politicians to play to special interests. That's really what is going on when we speak of corruption...how can politicians do the will of the people if they serve the private interests of lobbyists in the pursuit of holding on to office?DOMS said:Like most things in life, it's a balancing act. Ensuring that different points in a system must be in agreement to initiate action helps to prevent extremism (in all things).
That's why the Founding Fathers created a government of checks and balances. Yes, Bush is one fucked up individual, but he's only one third of the system. Simply put, it's not just that Bush is fucked up, it's that the (vast) majority of politicians are fucked up.
brogers said:as for gays, I don't think they deserve an endorsement of their lifestyle like biologically correct, normal married couples do.
Decker said:Exactly. It's off topic a bit but the fastest way to fix that corruption is public financing of elections. Remove the temptation from these weak individuals/politicians to play to special interests. That's really what is going on when we speak of corruption...how can politicians do the will of the people if they serve the private interests of lobbyists in the pursuit of holding on to office?
kbm8795 said:There is nothing biologically correct or normal about marriage. It's a heterosupremacist-created institution.
DOMS said:I see you've taken you ball and decided not to play with reality anymore.
Marriage was created as a man-made institution of control. That's reality. Pretending that it is biological is fantasy, unless you can explain to us that your peepee only gets hard over one person for eternity.
It's people like you that give gays a bad name.