60 Minutes tonight

[Kevatc]

Just wondering if I am the only one who noticed from the 60 Minutes interviews tonight ....

If a POTUS candidate were to say that future Social Security beneficiaries who were wealthier would get less in SS benefits and poorer folks would get more how would that not be wealth redistribution?

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[JGRuby]

I have a problem with that considering the wealthier ( loosely used term ) paid more into SS but will get less out.
I also was not happy with how Romney kept turning the questions around instead of answering them with any detail.

James Ruby

 

[beavertonbuck]

The bills are about to come do and everybody is going to see that SS is nothing more than a government ponzu scheme. I would only support wealthier people taking a haircut on SS if it was part of a policy that lead to SS being dissolved. If SS was to continue I would like to see it go the way of Chile where everyone has a personal account that they own and control.

 

[Kurly]

Social security has gone broke because politicians have robbed the funding blind (As in Obamacare) And other big government functions.

 

[JGRuby]

By the time I get arount to using SS I will have paid into it roughly 53 years and peope want it dissolved. I dont want more out of it than I paid in only what I have paid in. I know that there are problems with SS but in the same repsect by supplying funds to if for the majority of my life I want something back from it when its my turn. Anyone that threatens to destroy SS will not get my vote. The 716 Billion that Obama cut was supposedly fraud - Romeny and Ryan want to completely destrioy it.

James Ruby

 

[Jamie6.5]

Romeny and Ryan want to completely destrioy it.

James Ruby

Where do you guys get this stuff?
That is a bald face lie. Did you write it? Or just repeat a DNC talking point JG?
<broken link removed>
According to their plan:

Mitt Romney has laid out the approach he would take to modernizing America’s entitlement programs, guaranteeing their continued vitality for future generations. Mitt’s proposals will not raise taxes and will not affect today’s seniors or those nearing retirement. He proposes that Social Security should be adjusted in a couple of commonsense ways that will put it on the path of solvency and ensure that it is preserved for future generations.

First, for future generations of seniors, Mitt believes that the retirement age should be slowly increased to account for increases in longevity.
Second, for future generations of seniors, Mitt believes that benefits should continue to grow but that the growth rate should be lower for those with higher incomes.

With just those two simple steps, and no change in benefits for those at or near retirement, America can guarantee the preservation of the Social Security system for the foreseeable future.

Mitt is committed to saving Social Security. He will ensure that America honors all of its commitments to today’s seniors and strengthens the program so that it is financially secure for future generations.

But lets face it, every month/year that we are at 15+ percent of unemployment. we are falling farther behind.
We need to put those tens of millions of Americans back to work so they can go back to paying in, instead of giving up, and applying for SSDI, further taxing the fund.

 

[JGRuby]

I am outside that range indicating my SS will be different, my wife is in that range so hers will remain the same. As I know SS it will not be the same. Just query "Romney/Ryan plan for SS" and look at the links.

Jamie in this one case I feel that you are terribly misguided. Romney / Ryan if nothing else plan to privitize SS and Medicare. I do agree with getting people back to work its just too bad that Romney is so good at outsourcing.


James Ruby

 

[Jamie6.5]

I am outside that range indicating my SS will be different, my wife is in that range so hers will remain the same. As I know SS it will not be the same. Just query "Romney/Ryan plan for SS" and look at the links.

Jamie in this one case I feel that you are terribly misguided. Romney / Ryan if nothing else plan to privitize SS and Medicare. I do agree with getting people back to work its just too bad that Romney is so good at outsourcing.


James Ruby

I just made your query, but had to expand SS to Social Security.
Do it yourself and read a few detailed links from the "R" side.
And STOP believing the scare tactic talking points put out by the DNC.
This tactic has been used by the Dem side in EVERY election since 1972. I know, I've heard/seen/read it hundreds of times.
That Repubs want to destroy SS and Medicare, and it's FALSE.
Nixon didn't.
Reagan didn't.
Neither Bush I nor Bush II did.

But now BOTH programs are in trouble fiscally, and their respective plans need serious revisions.
At least with Romney/Ryan, we have the roots of a plan that is still in the early stages and could use input like ours for refinements.
But to ignore these facts and go with the plan to:
1)Raid Medicare for the Affordable Care Act, and leave it MORE underfunded.
2) Or just "kick the can down the road."

Is downright foolhardy, dangerous and ignores the rights that baby boomers have paid for.
Like so many other things this admin has done.

 

[JGRuby]

I do agree that the statement "Romney and Ryan want to completely destroy it." is an over statement and I also believe to be a DNC talking point. But under thier leadership it will not be the same, that I have paid into most of my life. And for them to change that I cannot support thier position. I pay in a lot to SS but will recieve less while someone that pays in less will recieve more. Cant support that either.

I want the equivalent of what I will have paid into for over 50 years - nothing more - nothing less.

James Ruby

 

[Jamie6.5]

I want the equivalent of what I will have paid into for over 50 years - nothing more - nothing less.

James Ruby

You'd better do the math on that one,...

You're in for a rude awakening if you plan on retiring on that. What you are promised upon retirement, after paying in that relative pittance, is what makes it the classic example of a Ponzi-Scheme!

The problem is with the way SS is structured. If that was ALL you had to retire on, you'd be sca-rewed. Unless you only live a handful of years beyond retirement.
Which is how SS was originally structured, and is why it's going broke today.

The retirement age was set at 65 because average life span was 65 at the time it was written.
Starting in the '60s when life-span began to seriously climb, it became obvious that it's plan needed revision.

But the DNC has treated it like some kind of sacred cow that will soon benefit few, at the extreme expense of others.
Our birthrates are down and our retirements are up.
It can't continue to operate the way it was written with the demographic shifts that have taken place.

Fix it or lose it. Or don't, and tell your children:
"sorry son/daughter, there's nothing left of the American dream of SS retirement for you.
You are on your own, because I was too short sighted and took the last of it."

 

[fredball]

The bills are about to come do and everybody is going to see that SS is nothing more than a government ponzu scheme. I would only support wealthier people taking a haircut on SS if it was part of a policy that lead to SS being dissolved. If SS was to continue I would like to see it go the way of Chile where everyone has a personal account that they own and control.

I remember BUSH tried this and the dems tore him a new one

 

[JGRuby]

I have other plans as well for retirement however for the Republicans to come out and say you are not going to get what you paid in and what you are getting will be less than what others will get that paid in less - I cant support them. To me social security is not an entitlement it is something that has been paid for. It should be treated as a sacred cow or else it is outright theft. The odds that I will make it to retirement are pretty thin but to add insult to injury is something I am going to have a awful hard time swallowing.

James Ruby

 

[dmancornell]

I have other plans as well for retirement however for the Republicans to come out and say you are not going to get what you paid in and what you are getting will be less than what others will get that paid in less - I cant support them. To me social security is not an entitlement it is something that has been paid for. It should be treated as a sacred cow or else it is outright theft. The odds that I will make it to retirement are pretty thin but to add insult to injury is something I am going to have a awful hard time swallowing.

James Ruby

LOL, the only thing you got out of all the other tax money is endless war and entitlements, what makes you think you should get anything out of your SS tax money? Don't rob younger, poorer people for your retirement just because you are delusional/gullible/stupid enough to believe politicians and their lies.

If you actually planned on retiring on your social security handouts, just off yourself because you're going to starve to death.

I for one know I will never see a dime of the money I've "invested" in SS, and none of my similarly aged friends expect to either.

 

[JGRuby]

Another comment out of the peanut gallery and exactly worth what I paid for it --- nothing.

James Ruby

 

[dmancornell]

Another comment out of the peanut gallery and exactly worth what I paid for it --- nothing.

James Ruby

Nothing is what the government will give you when the dollar is hyper-inflated to worthlessness.

Enjoy your sacred cow, it should be worth a couple burger patties by the time you get the check.

 

[JGRuby]

Thank you for your input but I really have no desire to communicate with a potential criminal and anarchist out for his own good. Have a nice day, but honestly you and I have absolutly nothing in common. I think we both feel that is a good thing so lets leave it at that.

James Ruby

 

[dmancornell]

a potential criminal and anarchist

 

[JGRuby]

No joke intended or implied.

James Ruby

 

[dmancornell]

No joke intended or implied.

James Ruby

Hence the laughter.

 

[Sincere]

I'm a youngster.

Social Security is a joke.

I have to agree with Dmancornell, we're (young people) paying for things we will never see.

Thank God my grandparents saved well and won't live much longer, I don't want them to see the world we are moving into.

On a side note, given the discrepancy of population between baby boomers and gen X and beyond, how do you conservatives view the funneling of SS money from my generation to the old-timers as anything but "wealth redistribution" and "socialism'? Don't you guys hate that stuff?