2020 Election

Jkloc420

Do you need an air compressor or tire gauge
Average daily closing price for beans......2017....$9.54.......2019.....$ 8.86. Not what does that tell you? Here, let me help you out....It means that there is still enough beans around to meet demand with little upward price movement expected.
You know why the amazon is on fire right now, because soybean farmers cant keep up with china demand. They are destroying the rain forest by using NGO's and clearing the forest
 

Jkloc420

Do you need an air compressor or tire gauge
Over the years my ass.
It's been 7.65 for almost 30 years.
Baby boomers kept SS tax rate the exact same for 30 years. Now they want to raise it on their children so they can sit on their asses. Shameful lazy and entitled, boomers are the worst generation yet.
The baby boomers are draining it
 

newfie

Well-Known Member
Wow Bucko . We've been paying out billions in price supports under Class III milk and other major agricultural commodities for decades. So why are you defending this socialist program in particular? I can answer that question. It's Trump's pitiful attempt to make things right with his farm base in an effort to hold on to the farm belt states next year. The reports I'm getting is that the payouts are so small and such a tiny percentage of the actual loss that some farmers aren't even bothering to sign up for the money .
"The Chosen One" has cost those people big time and they cannot hold out forever for the big payback he's been promising then ever since he blundered into a trade war with a nation that has plenty of the most important commodity there ever was......time.

Sometimes you have to stop being a liberal vagina and fight the good fight.
 

newfie

Well-Known Member
When I started in the workforce FICA was 5.2% and has increased over the years to 7.65%. I never considered whether or not I supported it but rather I accepted it given that inflation has to factored into the matter. Furthermore my grandmother depended on SS that allowed her to live independently and I knew that my parents would need it too in order to be able to do the same. If you want to withdraw from FICA be my guest . Let's just hope that you're kids don't mind you coming to live with them.

You didn't support your grandmother? you expected me to finance her lifestyle?

No wonder you support SS. Pony up for Grandma you cheap bastid
 

bacha29

Well-Known Member
When I started in the workforce FICA was 5.2% and has increased over the years to 7.65%. I never considered whether or not I supported it but rather I accepted it given that inflation has to factored into the matter. Furthermore my grandmother depended on SS that allowed her to live independently and I knew that my parents would need it too in order to be able to do the same. If you want to withdraw from FICA be my guest . Let's just hope that you're kids don't mind you coming to live with them.
I entered the workforce in 1971.
 

bacha29

Well-Known Member
You didn't support your grandmother? you expected me to finance her lifestyle?

No wonder you support SS. Pony up for Grandma you cheap bastid
My grandmother died in 1990. Indirectly I was supporting her along with my parents whose labor and taxes helped to support the system as well. And given that you are a grandparent chances are you are far enough along in life whereby this very day a young adult is entering the workforce who will pay into a system that will help you to live independently for as long as possible. Yeah we've heard it all before. You might dislike the system but in the end you will contradict your own convictions and go sign up for those programs because you'll be better off with them than without them. You can talk the talk until your head falls off but you'll never walk the walk because the path will sooner or later get much steeper and rockier.
 

bacha29

Well-Known Member
So why do ss taxes need to go up if it's such a great program?
Again just go back and read Social Security Act 2100. The answer to all of your questions lie in that framework . If you don't like what you let your elected representatives know what it is you don't like about it and what you want changed. I would recommend that you go to the polls and vote your dissatisfaction but I doubt that you are even registered You see a true conservative understands that taxes are a fact of life and will go up if for no other reason than inflation along with his or her efforts to limit their need for public services to the lowest possible amount .

A clucker on the other hand and you sir are a clucker wants the best and the most in the way of public services a zero personal cost . Well, if you want services them you'll have to pitch in and do your part. Or the other option would be to accept huge reduction in services and accept the hardships and inconveniences that you will invariably experience.
 

bacha29

Well-Known Member
Over the years my ass.
It's been 7.65 for almost 30 years.
Baby boomers kept SS tax rate the exact same for 30 years. Now they want to raise it on their children so they can sit on their asses. Shameful lazy and entitled, boomers are the worst generation yet.
I entered the workforce in 1971.
 

bacha29

Well-Known Member
You know why the amazon is on fire right now, because soybean farmers cant keep up with china demand. They are destroying the rain forest by using NGO's and clearing the forest
They're problem is low yields. In the US genetically modified soybeans (Roundup Ready) have resulted in a significant increase in yields. But be that as it may the rain forest burn down you speak of is the direct result of "The Chosen One's " knuckle headed idea to mix it up with China a nation with all the time in the world and more than happy to play Dear Leader's game.
 

bacha29

Well-Known Member
what happens in 2035? not quite as oppotomistic as you are. i guess you know something they dont?
Analysis of the 2019 Social Security Trustees’ Report

  • Social Security Will Be Insolvent in Only 16 Years. Social Security cannot guarantee full benefits for current retirees. The Trustees project that on a theoretical combined basis, the trust funds will run out by 2035. That means the program will be insolvent when today’s 51-year-olds reach the retirement age and today’s youngest retirees turn 78. At that point, all beneficiaries will face a 20 percent across-the-board benefit cut, which will grow to 25 percent over time.
  • Social Security Faces Large and Rising Imbalances. The Social Security program will run cash deficits of nearly $1.8 trillion over the next decade, the equivalent of 1.8 percent of payroll or 0.6 percent of GDP. Program deficits will rise to 3.3 percent of payroll (1.2 percent of GDP) by 2040 and 4.1 percent of payroll (1.4 percent of GDP) by 2093. Social Security’s 75-year actuarial imbalance totals 2.78 percent of payroll, which is nearly 1 percent of GDP and $14.8 trillion in present value terms.
You're not saying anything I didn't mention earlier. There is a solution on the table. Why not go take a look at it. BTW being that you're a grandfather that's a clear admission that your own peak earning years might just be behind you and face the facts Jack you really and truly don't know how long your savings will last or whether your company pension plan will be able to continue to pay the anticipated monthly benefits.
 

DriveInDriveOut

Inordinately Right
There is a solution on the table. Why not go take a look at it.
This explains it pretty well.
Your generation did not pay in enough, so you want to steal it from your children.

#8: Young workers’ lifetime income would be reduced by more than 2% of their career earnings because of Social Security.
Social Security on balance will leave younger generations worse off, even after they have collected all their benefits. This outcome occurs because Social Security’s shortfall is caused mostly by benefits significantly exceeding taxes for individuals who have already entered the system, either as current beneficiaries, past beneficiaries, or current workers. In order to finance this subsidy to older generations, upcoming workers must contribute more to Social Security than they later receive back.

Eight Revealing Numbers from the Social Security 2100 Act
 

bacha29

Well-Known Member
The system works, just not terribly well. When it was designed they didn’t factor in increasing lifespan. Thankfully opioids are bringing the average lifespan down in America, so there’s hope.
Spot on. The average life expectancy of a person in the 1930's was about 60 Today is 78. I'm quite certain that cluckers like DIDO would gladly accept those extra 2 decades and are not going to give a rat's expletive deleted about the guy in the succeeding generation who has to go to work and pay into the system so that DIDO will have something in the way of both a retirement income as well as access to healthcare. That fact is quite obvious because if you noticed he never says a word in behalf of the guy in the succeeding generation who right this very moment is paying in to the system in DIDO's behalf.
 

DriveInDriveOut

Inordinately Right
Spot on. The average life expectancy of a person in the 1930's was about 60 Today is 78. I'm quite certain that cluckers like DIDO would gladly accept those extra 2 decades and are not going to give a rat's expletive deleted about the guy in the succeeding generation who has to go to work and pay into the system so that DIDO will have something in the way of both a retirement income as well as access to healthcare. That fact is quite obvious because if you noticed he never says a word in behalf of the guy in the succeeding generation who right this very moment is paying in to the system in DIDO's behalf.
Are you high right now?

I'm not poor.
I have no problem with a safety net for poor people who are incapable of working. If that's what social security was, it wouldn't be in this situation, and the tax wouldn't be so high.

I'm willing to not get anything from social security. Let's make it for poor people.

You're pushing a massive government program that steals from young people so that able bodied people can sit on their asses for a third of their adult life.

You should really think about your stupid position on this issue.
 
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