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In reply to the discussion: If You Are A Baby Boomer - the real reason YOU SHOULD BE FURIOUS over CPI cuts: [View all]Cleita
(75,480 posts)145. There is still $2.6 trillion in the fund.
Not debt, but assets. Social Security hasn't borrowed a dime to pay it's obligations. If the Treasury dept. can't meet its obligation to redeem the Treasury bond debt owed to the Social Security fund, then they must raise taxes on the wealthy or borrow some more money. It has nothing to do with the solvency of the Social Security fund. Please don't bring Heritage Foundation bull pucky here.
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If You Are A Baby Boomer - the real reason YOU SHOULD BE FURIOUS over CPI cuts: [View all]
truedelphi
Mar 2013
OP
Sush, prole. The 1% wants that money and they have the power to take it. Now just shush.
Scuba
Mar 2013
#2
I am amazed at how blatant "our" representatives are with the hand wringing and the
WCGreen
Mar 2013
#51
It is loaned out on IOUs. And they are trying as hard as they can to get their paid congress
DhhD
Mar 2013
#39
If that money had truly been invested in something solid, you might have a point
customerserviceguy
Mar 2013
#93
I am not sure where you are getting this, but in my opinion it's gibberish.
rhett o rick
Mar 2013
#150
SS is a giveaway program? That Sir, needs a citation or an apology for making craap up.
FogerRox
Mar 2013
#125
SS increases masked budget deficits created by corporate and individual income tax cuts.
reteachinwi
Mar 2013
#159
Yeah, not many people remember that. Or at least don't bring it up........
socialist_n_TN
Mar 2013
#64
There are some strong demographic trends politically that don't really line up like that
Fumesucker
Mar 2013
#57
Point well taken. The baby boom era was really ended by the mid to late fifties,
maddiemom
Mar 2013
#100
Business considers their half of the withholding "just another unjust tax".
xtraxritical
Mar 2013
#75
You hit it! It all comes down to corps paying their half. Now that most pensions are
mountain grammy
Mar 2013
#109
You honestly believe anyone in Washington gives a shit about seniors? They don't.
djean111
Mar 2013
#33
I believe that every generation is entrusted to guard this earth and society for the future
Demo_Chris
Mar 2013
#42
I agree. The point was that time matters when you apply chained CPI to it n/t
Demo_Chris
Mar 2013
#89
My Blue Dawg Congressman, Mike Thompson, (Lake County Calif.) is absolutely gleeful
truedelphi
Mar 2013
#20
Does anyone anywhere know the amount of huge contributions the Social Security
truedelphi
Mar 2013
#18
If only we had a president and congress that supported SS. better luck next year eh? nt
msongs
Mar 2013
#29
My Republican uncle told my dad that SS wouldn't be there for him. In the 1950s!
Zen Democrat
Mar 2013
#36
In 1975, my boss said SS wouldn't be worth a damn when we turned 65. She is now 67
raccoon
Mar 2013
#122
Listen to Michael Bloomberg on "entitlement" reform. It'll make you throw-up.
SleeplessinSoCal
Mar 2013
#83
Let's remove the income cap on SS, for a start. It's not fair, and the arguments against make no
Romulox
Mar 2013
#98
I think that question ought to be: "What % of the Boomers in DC are IN the 1%?"
WinkyDink
Mar 2013
#117
There is a BIG LIE being told here and it's being told over and over again so people
Cleita
Mar 2013
#140