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Trump's Merit System

#10

(10-10-2017, 09:13 AM)jj82284 Wrote: Actually, social security is the problem, not the solution.  It isn't a system that you pay into and then have a return on over time.  That's not the way the system is designed.  The dollars that you pay in today, through the most regressive and onerous tax on the books, goes to pay a current beneficiary through an age based welfare system.  

As for "The only way that someone can make it..." In reality, the challenge is that when you look at the total compensation that an employer is paying to the employee then over 10% goes to payroll taxes, including social security contributions.  If any worker was allowed to have that amount of money work in the private market in an open end investment company (mutual fund) then there would be a boom of generational wealth for ordinary working people.  


You are right, Social Security and Medicare are a Ponzi scheme. But that doesn't change the fact that people pay into the system and are rightfully "entitled" to the promised payback at the end. Had that money been invested in an index fund the interest at retirement would be more than the government payout. It's not welfare (although it was for those collecting at the beginning).

Which brings up an annoyance of mine, conflating Medicare and Medicaid. Medicaid is welfare.



                                                                          

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Messages In This Thread
Trump's Merit System - by Jags02 - 10-05-2017, 11:47 AM
RE: Trump's Merit System - by HURRICANE!!! - 10-05-2017, 11:58 AM
RE: Trump's Merit System - by FBT - 10-05-2017, 12:01 PM
RE: Trump's Merit System - by Kane - 10-05-2017, 12:33 PM
RE: Trump's Merit System - by HURRICANE!!! - 10-05-2017, 02:58 PM
RE: Trump's Merit System - by HandsomeRob86 - 10-09-2017, 11:21 PM
RE: Trump's Merit System - by TheO-LineMatters - 10-10-2017, 04:21 AM
RE: Trump's Merit System - by HURRICANE!!! - 10-10-2017, 12:30 PM
RE: Trump's Merit System - by jj82284 - 10-10-2017, 09:13 AM
RE: Trump's Merit System - by flsprtsgod - 10-10-2017, 11:09 AM
RE: Trump's Merit System - by MalabarJag - 10-10-2017, 12:04 PM
RE: Trump's Merit System - by TJBender - 10-10-2017, 09:59 PM
RE: Trump's Merit System - by JagNGeorgia - 10-10-2017, 11:42 PM
RE: Trump's Merit System - by TJBender - 10-11-2017, 12:19 AM
RE: Trump's Merit System - by flsprtsgod - 10-11-2017, 12:26 AM
RE: Trump's Merit System - by JagNGeorgia - 10-11-2017, 09:20 AM
RE: Trump's Merit System - by TJBender - 10-11-2017, 01:46 PM
RE: Trump's Merit System - by flsprtsgod - 10-11-2017, 02:13 PM
RE: Trump's Merit System - by HURRICANE!!! - 10-11-2017, 03:39 PM
RE: Trump's Merit System - by FBT - 10-11-2017, 04:24 PM
RE: Trump's Merit System - by flsprtsgod - 10-11-2017, 08:57 PM
RE: Trump's Merit System - by TheO-LineMatters - 10-11-2017, 09:14 PM
RE: Trump's Merit System - by HURRICANE!!! - 10-12-2017, 10:01 AM
RE: Trump's Merit System - by FBT - 10-11-2017, 04:16 PM
RE: Trump's Merit System - by TJBender - 10-11-2017, 06:36 PM
RE: Trump's Merit System - by HURRICANE!!! - 10-12-2017, 10:53 AM
RE: Trump's Merit System - by B2hibry - 10-11-2017, 05:06 PM
RE: Trump's Merit System - by rollerjag - 10-11-2017, 06:57 PM
RE: Trump's Merit System - by flsprtsgod - 10-11-2017, 09:03 PM
RE: Trump's Merit System - by rollerjag - 10-13-2017, 03:08 PM
RE: Trump's Merit System - by TheO-LineMatters - 10-11-2017, 09:21 PM
RE: Trump's Merit System - by Adam2012 - 10-12-2017, 11:16 AM
RE: Trump's Merit System - by TheO-LineMatters - 10-13-2017, 12:26 AM
RE: Trump's Merit System - by rollerjag - 10-13-2017, 03:09 PM
RE: Trump's Merit System - by JagNGeorgia - 10-12-2017, 12:41 AM
RE: Trump's Merit System - by Jags02 - 02-13-2018, 07:05 AM
RE: Trump's Merit System - by The Real Marty - 02-13-2018, 08:52 AM
RE: Trump's Merit System - by Jags02 - 02-13-2018, 01:23 PM
RE: Trump's Merit System - by Bchbunnie4 - 10-12-2017, 01:03 AM
RE: Trump's Merit System - by TJBender - 10-12-2017, 08:30 AM
RE: Trump's Merit System - by JagNGeorgia - 10-12-2017, 08:57 AM
RE: Trump's Merit System - by TJBender - 10-12-2017, 10:38 AM
RE: Trump's Merit System - by JagNGeorgia - 10-12-2017, 03:01 PM
RE: Trump's Merit System - by TJBender - 10-12-2017, 07:05 PM
RE: Trump's Merit System - by MalabarJag - 10-12-2017, 07:19 PM
RE: Trump's Merit System - by JagNGeorgia - 10-12-2017, 10:43 PM
RE: Trump's Merit System - by JackCity - 10-12-2017, 01:06 AM
RE: Trump's Merit System - by TheO-LineMatters - 10-12-2017, 05:41 AM
RE: Trump's Merit System - by Bchbunnie4 - 10-12-2017, 01:12 AM
RE: Trump's Merit System - by JackCity - 10-13-2017, 12:02 AM
RE: Trump's Merit System - by HURRICANE!!! - 10-13-2017, 01:45 PM
RE: Trump's Merit System - by TheO-LineMatters - 10-14-2017, 06:10 PM
RE: Trump's Merit System - by Jags02 - 02-13-2018, 07:26 AM
RE: Trump's Merit System - by B2hibry - 10-12-2017, 11:49 AM
RE: Trump's Merit System - by Adam2012 - 10-12-2017, 11:59 AM
RE: Trump's Merit System - by JagNGeorgia - 10-12-2017, 03:19 PM
RE: Trump's Merit System - by flsprtsgod - 10-14-2017, 10:11 AM
RE: Trump's Merit System - by Jags - 10-14-2017, 01:39 PM
RE: Trump's Merit System - by flsprtsgod - 10-14-2017, 06:27 PM
RE: Trump's Merit System - by TJBender - 10-14-2017, 09:40 PM
RE: Trump's Merit System - by WingerDinger - 10-14-2017, 11:57 PM
RE: Trump's Merit System - by TJBender - 10-15-2017, 09:28 AM
RE: Trump's Merit System - by WingerDinger - 10-15-2017, 11:22 AM
RE: Trump's Merit System - by TJBender - 10-15-2017, 10:29 PM
RE: Trump's Merit System - by Jags02 - 02-13-2018, 07:19 AM



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