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2016 Postmortem

forestpath

(3,102 posts)

14. +1

Reply to Warren Stupidity (Reply #12)

Mon Nov 12, 2012, 09:46 PM

Nov 2012

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41 replies

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Social Security adds to the debt... [View all] haikugal Nov 2012 OP

I'd raise the retirement age and remove the cap at $106,000. steelmania75 Nov 2012 #1

Don't need to raise the retirement age. nichomachus Nov 2012 #3

Thank You... haikugal Nov 2012 #6

Raising the retirement age would be a bad idea. haikugal Nov 2012 #5

life expectancy is falling for some groups of people. n/t Cobalt Violet Nov 2012 #7

Raising the retirement age is austerity bullshit, it is a cut in benefits. Warren Stupidity Nov 2012 #12

+1 forestpath Nov 2012 #14

That's what I've been thinking as well. haikugal Nov 2012 #15

Maybe life expectancy is increasing. But not by much. LiberalFighter Nov 2012 #21

The other drawback with raising the retirement age shawn703 Nov 2012 #23

Good point! qwlauren35 Nov 2012 #38

Retirement Age Roy Ellefson Nov 2012 #28

The only thing you need to know nichomachus Nov 2012 #2

Thanks haikugal Nov 2012 #9

The income disparity needs to be readjusted so the rich aren't hogging all the income for themselves LiberalFighter Nov 2012 #22

Reneging on a debt ... GeorgeGist Nov 2012 #4

Oh...I'll use this!! haikugal Nov 2012 #11

On paper SS had trust to cover into 2020s-30s Blue4Texas Nov 2012 #8

If the trust fund is a fiction then so are t-bills. Warren Stupidity Nov 2012 #10

I tell them to do that often!! haikugal Nov 2012 #16

show them the reagan clip "SS does not add to the deficit) - its on DU somewhere nt msongs Nov 2012 #13

I saw that earlier but didn't watch...I'll look for it. haikugal Nov 2012 #18

Al Gore's suggestion was a lockbox DeeDeeNY Nov 2012 #17

Damn!! That's great...Thanks! haikugal Nov 2012 #19

Remove cap, apply tax to capital gains, problems solved. 5 minutes if Congress were functional. Scuba Nov 2012 #20

Congress John2 Nov 2012 #24

It doesn't add a penny to the debt, as we know Maplegrass Nov 2012 #25

Bullshit. The initial benefits calculation already benefits those of lower income eridani Nov 2012 #34

Kind of hard when their grasp of english is so poor you can't understand them. - and never a link! AAO Nov 2012 #26

They can be very difficult to understand haikugal Nov 2012 #27

Right! AAO Nov 2012 #30

Drawing money from the Trust Fund decreases the debt Kaleva Nov 2012 #29

But it is likely offset by equivalent borrowing so it is net zero. Warren Stupidity Nov 2012 #35

It isn't quite net zero as the govt. will pay interest on the money it borrows... Kaleva Nov 2012 #36

Anyone remember Al Gore Sophiegirl Nov 2012 #31

From further up in the thread... haikugal Nov 2012 #32

Life expectancy at birth is totally irrelevant. What counts is further life expectancy at age 65. eridani Nov 2012 #33

Life expectency of those who have reached adulthood is relevant. Kaleva Nov 2012 #37

Three or four years is trivial, and 21 is an irrelevant age eridani Nov 2012 #39

But if you start at 60, you are dismissing many of the adults... Kaleva Nov 2012 #40

What makes you think that this isn't happening even now? eridani Nov 2012 #41