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Joined: Sep 2006
Posts: 42,574 Likes: 150
Legend
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Legend
Joined: Sep 2006
Posts: 42,574 Likes: 150 |
My guess is that those who have already retired won't be affected, both because of the situation you mentioned, in addition to the fact that the elderly vote...big time.
So my guess is the older Gen X folks and Boomers will go on as is, while the younger Gen X, Millennials and Gen Z on down will have to pay in more while also getting their benefits reduced to offset the huge gap. Aside from raising revenue (and the incoming admin wants to do the opposite of that), I don't see any other way. What about those in their 40's. Let's use my nephew as an example. He works for a large insurance company, makes a hell of a salary (over 100k). He's worked for them for roughly 18 years and has moved up the ladder. He's paid into SS for all that time. He'll receive nothing or little at retirement. So maybe now, he'll get a big tax break and that's good for him. So he can save more for retirement. I'd have taken that deal back then.. Here's the problem.. The money he's paying in now is paying for me. I paid for my parents, he's paying for me. Sooner or later, the cash flow will come to an end. The real problem is those in their 50's and 60's that have NOT yet retired. My Brother in law hasn't retired. He's 65 and doesn't want to retire until he has too. (70 is his companies mandatory age).. He's paid in his whole life... Is he safe or is he screwed?
#GMSTRONG
“Everyone is entitled to his own opinion, but not to his own facts.” Daniel Patrick Moynahan
"Alternative facts hurt us all. Think before you blindly believe." Damanshot
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Joined: Sep 2006
Posts: 10,600 Likes: 784
Legend
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Legend
Joined: Sep 2006
Posts: 10,600 Likes: 784 |
I’m in my 40s. I resemble your nephew. A lot of people don’t realize that millennials are as old as we are now. Some distorted image that we’re still young kids or something.
And yes, that is a problem. We are paying in to support the generation(s) ahead of us, but the chickens will come home to roost.
Someone will have to start paying for the generation that saw our country go from being the world’s biggest creditor to the world’s biggest debtor.
Blue ostriches on crack float on milkshakes between the sidewalk titans of gurglefitz. --YTown
#gmstrong
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Joined: Apr 2013
Posts: 2,071 Likes: 60
Dawg Talker
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Dawg Talker
Joined: Apr 2013
Posts: 2,071 Likes: 60 |
Wonder when last time Ballpeen was in an actual REAL classroom- public HS, Jr HS, or elementary school...I'd bet not recently. He's dated, like me with wetback and queer comments- no current understanding of society. OCD- sure things- death and taxes.....but you nailed it---change is a constant.
But, history repeats, just in different forms. Some traditionalist would say- how dare you change military base names- Bragg, Stewart,etc, etc- why not continue to honor Confederate soldiers--- easy in my book- a large percentage of our population isn't happy with honoring former citizens who left the Union, southern heritage sure exalts STATES rights vs. FEDERAL rights.....keep telling yourself that--that's bogus---slavery was the issue, economics was the issue, white land barons with black slaves suffering was the issue---- I'm glad we finally changed the names of bases and moved the statues from key spots in our cities-- long overdue.
Change for the good for ALL people is good. Peace and almost Merry Chrismas. I'm a white, former Rep, and ex-military.
"You've never lived till you've almost died, life has a flavor the protected will never know" A vet or cop
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Joined: Mar 2013
Posts: 52,139 Likes: 792
Legend
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Legend
Joined: Mar 2013
Posts: 52,139 Likes: 792 |
This is nothing new. Many Europeans showed up pregnant at Ellis Island. Not yet legal citizens and nobody had an issue then. What’s your beef? The constitution was written to protect all citizens born in the USA and is clearly stated in our constitution. The beef is, and always been, people that enter illegally. that might be your beef individually, but the masses aren't making that distinction much anymore.
“To announce that there must be no criticism of the President, or that we are to stand by the President, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public.”
- Theodore Roosevelt
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Joined: Mar 2013
Posts: 52,139 Likes: 792
Legend
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Legend
Joined: Mar 2013
Posts: 52,139 Likes: 792 |
I’m at the vanguard of the millennials, like you are with X. We did have it pretty tough. Graduated from law school, which I paid for, in 2009 right after all the ish hit the fan. Had my job at a larger firm pulled from me. Worked at a sweat shop for two years making peanuts for backbreaking work because graduating JDs at the time were a dime-a-dozen.
Youngest of six kids which include Boomers, X and me as a millennial. My middle-child brother and I are the only two who don’t have some sort of dumpster fire going on in life. I get to be the executor of my mom’s estate and she doesn’t take a word of my advice, which makes for a lot of fun, haha. i got saved from a lot of that economic struggle stateside because i was deployed so much when i joined the army at 18 in 2006. i just got orders to Germany in 2007 when people were starting to worry about the potential crash, and deployed to iraq early 2008 while all of that was going on. i remember being 20 years old in the middle of the desert getting ready for another convoy op, listening to civilian contractors who work for KBR that we were escorting discussing the economy. even after the tax free checks we get, i maybe made 45k the whole year deployed? those contractors that we escorted were semi-truck drivers, same job as my unit, making over 200k a year. just thinking back on it now, its crazy that i was part of an illegal war getting peanuts, while the defense contractor guys made over 100k easy and making fun of all the people hurting back home. and all i could do was keep my mouth shut.
“To announce that there must be no criticism of the President, or that we are to stand by the President, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public.”
- Theodore Roosevelt
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Joined: Mar 2013
Posts: 15,687 Likes: 146
Legend
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OP
Legend
Joined: Mar 2013
Posts: 15,687 Likes: 146 |
This is nothing new. Many Europeans showed up pregnant at Ellis Island. Not yet legal citizens and nobody had an issue then. What’s your beef? The constitution was written to protect all citizens born in the USA and is clearly stated in our constitution. The beef is, and always been, people that enter illegally. that might be your beef individually, but the masses aren't making that distinction much anymore. Correct, it’s undocumented migration and it’s been happening since the beginning of our great country. Nothing new but the legal process. It’s become the bottle neck. When the great migration happened on Ellis Island they could have immigrants processed in hours. And they had hundreds of children born on the island. Didn’t seem to be that big of a deal. USA was great enough to handle it then.
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." Thomas Jefferson.
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Joined: Sep 2006
Posts: 72,155 Likes: 1533
Legend
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Legend
Joined: Sep 2006
Posts: 72,155 Likes: 1533 |
You are imaging things at this point to semi support riots. And he isn't even the president. I don't understand your point of mass deportations with soldiers on the streets? I would say deport the wetbacks and put the soldiers in hotel rooms and give them spending cards. Screw the illegals You keep showing us who you really are. If you're born in this country you are a citizen of this country. That's the law according to the constitution. It doesn't allow for exceptions. I know it isn't the second amendment so you probably don't care about it but all of the constitution counts the same. Not just the parts that you like and even includes the people you call racial slurs.
Intoducing for The Cleveland Browns, Quarterback Deshawn "The Predator" Watson. He will also be the one to choose your next head coach.
#gmstrong
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Joined: Oct 2015
Posts: 4,022 Likes: 512
Hall of Famer
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Hall of Famer
Joined: Oct 2015
Posts: 4,022 Likes: 512 |
That includes every visa that has expired too. It also includes naturalized citizens in Trumps mind. So, Elon might not realize that is what he is… the first poor person the denaturalize, dems will call for Melania’s and Elon’s deportation. Just to prove a point of course.
And what happens when they run out of brown people? Who’s next? Those at the top don’t ever know when enough is enough… we live in disturbingly interesting times. I’m actually beginning to feel Trump will kill the MAGA movement all by himself during these next four years. And I would still like to know if he SOLD his presidency to Elon. I’m thinking he did after the display of leadership this week. We’ll see how that goes. But they have definitely started an Oligarchic rule. FAFO Nation. No. You should get our of the screaming left echo chamber and take a breath.
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