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re: OT: Happy MLK Day!

Posted on 1/21/14 at 10:32 am to
Posted by FreshPrinceofDubtown
Member since Mar 2013
40 posts
Posted on 1/21/14 at 10:32 am to
quote:

I don't disagree that there is work to be done in funding, potentially shifting the age at which a person is able to draw. SS was designed to keep people from dying in the streets at a very old age.


Oh, so it's okay for people age 67, 68, and 69 to "starve in the street," but not 70 year olds? This suggests the problem is not in how to pay for everyone, but how to decide who gets to eat and who doesn't. That runs pretty contrary to your belief that SS "keeps poor people off the streets," doesn't it?

quote:

But using rhetoric like "Ponzi scheme" is just a way to be provocative about a program you don't like.


It's an "investment fund" with no actual investing going on, wherein older investors are paid a return from money from newer investors. That is the very same definition of a Ponzi. No provocation: the mechanics are exactly identical. You can call a turd a rose but it still smells like shite.

I will grant, however, that Ponzi schemes are a bit less morally repugnant given that I'm not coerced at gunpoint to invest in one.
Posted by PDXDawg
Member since Aug 2013
753 posts
Posted on 1/21/14 at 11:02 am to
quote:

Oh, so it's okay for people age 67, 68, and 69 to "starve in the street," but not 70 year olds? This suggests the problem is not in how to pay for everyone, but how to decide who gets to eat and who doesn't. That runs pretty contrary to your belief that SS "keeps poor people off the streets," doesn't it?


No the idea was people are able to work longer now as we live longer now and have better health at a higher age. If they save enough then retire when you want to but not be able to draw SS until a more appropriate age, because people live much longer now than when it was implemented. I'm also open to means testing but I'm sure that will set some people off on this thread.
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