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03-21-2016, 08:09 AM
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Abby Normal
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Join Date: May 2009
Posts: 11,245
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Social Security
So this weekend I spent a few hours with my first wife helping my older daughter move into her McMansion on the hill. ( a few miles from me, man am I happy although why a new construction 4 bedroom house is needed for a first home I'll never understand... that is a different subject though)
She tells me how at years end her job will be eliminated along with hundreds of others. Tough situation, too young to retire, too old to get rehired. So we talk about social security... and to my amazement she has no clue how it works or that it is essentially regressive. $118,500 being the top amount for taxation.
I explain how the poor pay the same rate as the middle class and the rich... except that over the $118,500, nothing is paid. How the employer has to match what you pay and the self employed like myself has to pay double.
That she did not know shocked me but did not surprise me. Here is a women paying this tax for 50 years who is a genius, literally, who does not know such basic stuff. If she does not know, how many people culturally do?
my guess is very very few. It helps explain why so many vote GOP even though it's against their best interests.
I then think back to when I was 25, 30, 35, 40, 45.... I was so damned busy with career and family that I really did not know the details of much of anything.... not that I realized it at the time.
I was always comfortable though these years and if I hadn't become ill I really would not know what I know today. I guess it;s the perfect template for a government. Keep the people comfortable and occupied and you can then make a killing by exploiting them and their toil.
Thoughts?
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03-21-2016, 08:54 AM
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Senior Member
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Join Date: Aug 2011
Location: Derby City U.S.A.
Posts: 8,213
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Proves the point for SS in your statement. The majority of people will not care or think seriously about retirement till close to the day of.
Most when pushed have given little thought to SS except wanting someone else to pay the bill when due. Just see the amount taken out each pay period as money loss today.
Just liken it to the many who fail to save for retirement in their 20's 30's then when in the 40's see the need all to late.
This is a problem created by those who never liked SS to begin with. Using the idea "It's your Money so Invest in the Market" or "You will never live to receive a check" What needs to be reminded is not everyone is smart with money! So a plan for all is needed.
After all SS was created due to the fact it was noted people get old and are in need of help. We can give them the ability of independence and care rather cheaply with the SS system. Or go back to the old way where they moved in with family members.
Barney
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03-21-2016, 09:49 AM
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Jigsawed
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Join Date: May 2009
Posts: 10,580
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That people are indifferent and ignorant about so many important issues which affect them does not surprise me. They know everything about Beyonce and the Kardashians and will talk sports all day.
SS works for the people in a basic way. What is devastating is the virtual disappearance of private pension.
Last edited by Dondilion; 03-21-2016 at 10:18 AM.
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03-21-2016, 10:05 AM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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Quote:
Originally Posted by Dondilion
That so people are indifferent and ignorant about so many important issues which affect them does not surprise me. They know everything about Beyonce and the Kardashians and will talk sports all day.
SS works for the people in a basic way. What is devastating is the virtual disappearance of private pension.
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Precisely.
Yes the assumption that everybody is responsible and smart enough to prepare for old age on their own is as foolish as the assumption that everyone is too stupid.
The question to ponder is this; Are selfish and callous enough to let those who failed to prepare, or for whatever reason simply could not, perish?
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
Last edited by BlueStreak; 03-21-2016 at 10:08 AM.
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03-22-2016, 03:17 PM
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Abby Normal
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Join Date: May 2009
Posts: 11,245
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Quote:
Originally Posted by BlueStreak
Precisely.
Yes the assumption that everybody is responsible and smart enough to prepare for old age on their own
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it's more than that
we have studied and trained entities, like banks and retailers targeting our psyche daily to part us with any money we may intend to save.
Think about it, it's just not that hard to create a desire in people, place a "want" in them through manipulation.
Trust me, anyone can be "sold."
It's an immoral template. At least a philosophical case could be made.
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03-22-2016, 03:27 PM
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Ready
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Join Date: Oct 2013
Posts: 19,175
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Quote:
Originally Posted by noonereal
it's more than that
we have studied and trained entities, like banks and retailers targeting our psyche daily to part us with any money we may intend to save.
Think about it, it's just not that hard to create a desire in people, place a "want" in them through manipulation.
Trust me, anyone can be "sold."
It's an immoral template. At least a philosophical case could be made.
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Damn right it is. And the telescreens have been teaching that morality to every child in this country for upwards of 60 years now.
__________________
If you Love Liberty, you must Hate Trump!
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03-21-2016, 09:59 AM
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Rational Anarchist
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Join Date: Jul 2014
Location: DFW
Posts: 7,315
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FDR was not a friend to the common man. The New Deal wasn't a good deal.
__________________
"We have met the enemy and he is us."
Last edited by nailer; 03-21-2016 at 10:12 AM.
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03-21-2016, 10:01 AM
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Senior Member
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Join Date: Nov 2009
Location: Sonoma County, CA
Posts: 20,496
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Quote:
Originally Posted by nailer
FDR was not a friend to the common man.
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Care to elaborate?
__________________
Smoke me a kipper. I'll be back for breakfast.
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03-21-2016, 10:09 AM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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Quote:
Originally Posted by nailer
FDR was not a friend to the common man.
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Quote:
Originally Posted by Boreas
Care to elaborate?
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Yeah, I can't wait to read it.
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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03-21-2016, 10:16 AM
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Senior Member
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Join Date: Oct 2011
Location: San Diego via Vermilion Ohio and Points Between
Posts: 11,538
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Quote:
Originally Posted by Boreas
Care to elaborate?
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Nailer is full of s&it.
Millions of Americans who lived through the Depression felt strongly enough to re-elect him an unprecedented three times. Only a myopic fool would discount Social Security, arguably the most powerful tool cementing together American loyalty to the concept of the United States since Hamilton's decision to make the American currency good for all debts public and private.
And anyone who knows about FDR's creation of a place for his fellow "polios" in Warm Springs Georgia knows about his ability to connect with others who were victims of his disease.
__________________
Never was there a time when I did not exist, nor you, nor in the future shall any of us cease to be.
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