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re: 56% of GOP voters want govt to pay more in monthly SS benefits/medicare
Posted on 5/16/24 at 8:10 am to HailHailtoMichigan!
Posted on 5/16/24 at 8:10 am to HailHailtoMichigan!
It is really scary how uninformed people are about SS. There is absolutely no way SS benefits can be increased without crashing the economy.
They have waited so long that the solution can no longer be moving the retirement age up, increasing the cap, increasing the percentage or means testing benefits.
It has to be ALL of them.
These dumb arse boomers should have saved for retirement instead of spending it all.
They have waited so long that the solution can no longer be moving the retirement age up, increasing the cap, increasing the percentage or means testing benefits.
It has to be ALL of them.
These dumb arse boomers should have saved for retirement instead of spending it all.
2
Posted on 5/16/24 at 8:24 am to armtackledawg
quote:Goodness that's dense. you're playing quite the patsy to government greed.
These dumb arse boomers should have saved for retirement instead of spending it all.
As posted earlier:
quote:
Boomers is a Latin Term.
Translated, it means ... $72.6 trillion going directly to heirs ... even the really stupid ones.
Posted on 5/16/24 at 10:20 am to armtackledawg
quote:
There is absolutely no way SS benefits can be increased without crashing the economy.
No offense, but the recipients of SS are the ones driving the price growth in consumer goods:
Year COLA
2015 0.0
2016 0.3
2017 2.0
2018 2.8
2019 1.6
2020 1.3
2021 5.9
2022 8.7
2023 3.2
It's a feeback loop that can continue until Treasuries are out of favor with the global economy and at this point in time it's fair to say the more Treasury supply that is issued the higher demand for them there is based on auction data over a few decades.
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