According to SS website in 2032 if no changes are made they'll be able to pay 75% of SS payments. That'll last until 2080 according to them.
What does Memphis do about this?
- Thread starter bbsam
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You know this is hella racist? No?
overflowed
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To be fair my wife called me a racist today. I said no, you're trippin. You need to actually see how people post on bc.
Wrong. You are constantly chastising and demonizing the Democrats but you'll still be standing there with your hand out to get the benefits that will determine the quality of your retired life. How hypocritical can you get ? And do give me that "well, I paid into it" B.S. It guys like Fred S is why Social Security and Medicare exists in the first place. What he did to you was without question designed to divest his greedy company of the increasing legacy costs associated with the retiring work force, many who had been with him from nearly the very beginning. SS and Medicare may not be much but at least it's something and now the GOP hardliners have set out to so called "save and "reform" the two programs. Why?. It's because as was noted earlier greedy companies like Fed Ex don't want to have to pay into them anymore. All done under the guise of" doing business" which in their minds eye a license to whatever they want. Yet guys like you and OF worship the ground people like Smith walk on. What is it about rich white guys you find so adorable?
If there's a chance a white guy will be called racist because he dared to say anything negative about blacks whether he intended to be negative or not then he will be called racist. It's the world we live in. A black guy on this forum said we should take away SS to pay for people's needs right now, apparently thinking old folks, no matter the color, can fend for themselves. I disagreed, and pointed out what many blacks are saying, that they're owed reparations for past sins, i.e. slavery. What we really need is an economy where they and anyone else can get a decent job, earn a decent living, and have SS to supplement their retirement. And if anyone would prefer the gov't pay their way rather than work, and there are more white people in this category than any other group, then they should suffer the consequences. Tired of liberal policies that support people in exchange for votes, and hard working people of every race having to foot the bill as the debt piles up.
What I said, van, was that future generations would have every right not to pay OUR SS payments. Why? Because we refuse to pay our way today whether the wars we have decided to engage in or the social programs. If we insist on not paying for these things today, why would future generations agree to make OUR SS payments? We seem to want the programs, the wars, but we don't want to pay for them.
Now the obvious question:
Why SHOULD future generations pay for our wars and social programs when they can pay for those things with what you say is OUR money?
Well let's take away everything from the rich white guys(what is it about liberals and race?)and give it to everyone else. How long until the system collapses? Have you ever gotten a paycheck from a poor white guy? I'm chastising the Democrats because they had it in their power to assist us in dealing with the rich white guys that were screwing us and they turned their backs on us for money. They are B.S. artists. I've over and over on this forum have been critical of this company but I'm also critical of guys like you because you believe in a socialist fantasy that doesn't work and will only make things worse. And you're too thick to get that, and attack anyone who doesn't share your view. Life's hard pal, there isn't a paradise on Earth, and you have to make the best of it by making yourself more valuable to those who decide how much they pay everyone. Of course you want them to be fair about it, and sometimes that takes a union to protect yourself. But unions have demonstrated repeatedly that they aren't willing to settle for what's fair for everybody, they grab for more and more. Which is why they are on the decline. Y'all rail against southern States because factories built there don't have the very high pay and great benefits factories in primarily northern States USED to have. I wonder why they USED to have those factories, but DON'T anymore? Buy a clue.
SS is more than a tax, it's a social compact between generations. And it's separated out from other taxes and should've never been touched by our gov't for anything else. The generations paying for our seniors now will have generations paying for them. The thing is the retirees shouldn't be held responsible for decisions our gov't made. Saying it's unfair to future generations to pay for decisions our generation made is unfair to those who don't have a say in how things are run. And for all of you rich bashers out there who think I and other poor guys worship them, this country is run by the rich and powerful, and that extends from Washington into every city, every county. I don't believe we should hammer them with high income taxes, but I do believe they should pay SS on all of their income, and be means tested as to whether they should receive SS. Our capitalist system is the best system for feeding, clothing, and sheltering the most people. But it is exploitative. If you spend your life exploiting others to build wealth the least you can do is give back to the system that was so good to you to assist people in their old age. But trying to take away as much as possible in punitive income taxes will discourage risk taking and job creation.
HaHa. You plainly stated that we Democrats didn't do enough to protect guys like you from people like Smith. How could they when they were they the Congressional minority 20 of the past 26 years and the disparity is even larger now ?. Not to mention the Reps having stuffed the federal court system with pro business conservatives and now we have as a new labor secretary a guy who owns a hamburger joint with at least 60 federal wage and hour judgments against him who wants the minimum wage laws abolished so he can cut the wages even lower at his hamburger joints And here you go again bashing unions and yes they have been victimized by mismanagement and crooked officials. But they must still be doing some good. I know of no full time vested UPS union employee who would trade what they have in terms of pay health benefits and PENSION for what a similar Fedex employee has now and will have in the future.
In 2010 the Democrats had the power to get couriers reclassified to allow us to unionize locally. They turned their backs on us. Can you think of any other situation in the last 10 years where they actually helped a similar sized group unionize? It would have been a real boost to American unions for Express employees to join them. And good for UPS drivers. But they need to realize, and I'm sure many of them do, that if they keep pushing for more and more they may ruin a good thing. Has happened elsewhere many times.
No here you go again talking out of both sides of you mouth. You recognize the need for a union and if the will of the X employees existed you could have gone union nationwide years ago if there existed a unified and determined willingness to do so. But too many were like yourself, so AFRAID that the union would want too much. Too many of you allowed yourselves to be completely brainwashed as to believe that the company's survival depended on the complete disembowelment of your benefit plan.
There will be a leader in the future who will decide that the social compact called Social Security is a bad deal and needs to be "renegotiated". Unfortunately for SS recipients, they won't have the voting power today's retired folks have.
Companies don't exist to provide us with a great living. It's all one sided for you. I'm saying pay us fairly for the work we do but to me fair isn't being able to afford a 4000 square ft house in a great neighborhood, stocking it with expensive furniture and toys, and taking luxury vacations. Fair to me isn't living paycheck to paycheck. Fair to me is a decent roof over my head, being able to buy the things I need while saving for some things I want, and not going hungry. And having some left over to invest in a decent retirement. If I want more than that then I need to get training and take on more responsibility.
Old folks vote, and messing with SS has always been called "the third rail" of politics. The Baby Boomers haven't changed that, just reinforced it.
And it's not fear that they'll want too much, it's observing a proven track record of wanting too much.
Old people also die.
There's an endless supply...
So essentially you are saying that future generations should indeed pay for OUR excesses since WE don't want to?
It wasn't my decision or the decision of most to run up this debt. We should've had a response to 9/11 but going into Iraq to remove a thorn in our side, then trying to nation build in a culture that neither understands or appreciates our style of democracy, was a mistake. Afghanistan should've been punished for harboring Al-Qaeda, but history has shown that fighting those people is a quagmire that has sunk others before us. They'll never quit. But those decisions were made by a relative few. Same with the greed that lead to the meltdown, and the doubling of the debt to extricate ourselves from it, which didn't work well. Those were decisions made by our gov't. Fighting WWII was necessary, but was expensive and required sacrifice by everyone. Future generations will have their own problems. It's always gone on, will continue to. The difference between someone like Bacha and myself is I see a social safety net helping our most vulnerable, with most people realizing that at any moment they could become part of that group, and will eventually be a part of it. He wants a gov't safety net that provides a good life for everyone, which while wonderful if possible, is highly unlikely to ever be possible. If we want a better world for future generations we do have to pull the reins in on spending, and we have to provide an environment where business thrives and creates good jobs. That's the best course in my opinion, not robbing Peter to pay Paul.
We wouldn't be "robbing Peter to pay Paul". We'd be using our IRA to pay for our irresponsible lifestyle.
