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The Biden Recession Thread
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<blockquote data-quote="bacha29" data-source="post: 5511351" data-attributes="member: 58386"><p>What you claim is being "confiscated" is what is PREPAYING your future healthcare and retirement expenses. As we discussed earlier Ryan tried to get the country off Medicare with his stipend plan but the insurance companies balked by being unwilling to accept the risks involved and the stipend would not cover those risks A few years earlier Bush wanted to get rid of Social Security but the banks wouldn't go along with it and with good reason. People would treat the new savings accounts like any other account with constant withdrawal leaving small balances which would require the banks to charge service account fees that would likely be of a high percentage given the low balances. </p><p></p><p>And that's why you don't hear a word out of those two today. </p><p>The trouble with MAGA's today is that they always seem to have a solution. Unfortunately the problems are not as simple as the solutions they offer.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5511351, member: 58386"] What you claim is being "confiscated" is what is PREPAYING your future healthcare and retirement expenses. As we discussed earlier Ryan tried to get the country off Medicare with his stipend plan but the insurance companies balked by being unwilling to accept the risks involved and the stipend would not cover those risks A few years earlier Bush wanted to get rid of Social Security but the banks wouldn't go along with it and with good reason. People would treat the new savings accounts like any other account with constant withdrawal leaving small balances which would require the banks to charge service account fees that would likely be of a high percentage given the low balances. And that's why you don't hear a word out of those two today. The trouble with MAGA's today is that they always seem to have a solution. Unfortunately the problems are not as simple as the solutions they offer. [/QUOTE]
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