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President Biden: The NEW one and only politics thread

Discussion in 'Sports and News' started by Moderator1, Jan 20, 2021.

  1. dixiehack

    dixiehack Well-Known Member

    That tracks. We’ve been pissy all along.
     
  2. BTExpress

    BTExpress Well-Known Member

    Maybe. But we DID go a half-century without it being taxed. And much of it is still not taxed anyway (depending on your other income sources in retirement).

    I did a quick and dirty calculation, and it seems about 33% of my SS will be taxable.
     
  3. Starman

    Starman Well-Known Member

    That's been the GOP endgame for Social Security since before it was a glint in FDR's spectacles: Starve the beast -- strangle its funding at the root then stand back as it goes bankrupt.

    When the true endgame arrives, when the revenue spiral starts to accelerate, as a matter of financial responsibility, they'll pull the plug and cut it off with zero warning. They'll take a vote late late one night, and Social Security checks will stop going out the next morning.

    No gradual scaledown, no reduced benefits, no warning period when fortunate people can go make other retirement arrangements.

    The MAGGATS don't want to come back for every session of congress for 10 years listening to people screaming about starving grandmas and all that, they don't want to contend with Democrats rolling back the cuts every other election or so if they get an edge in congress, no no no -- they want to smash the machine all at once. Cut t off completely. Social Security and Medicare, all gone. Done, finished, no more money.

    Of course people would be mad and probably there would be unrest in the streets. And indeed there would be people dying in the gutters. But if they control the military and the LEOs, they only have to worry about that for a couple months. Once it's done, it's done.

    That's the concept of their plan on entitlements.
     
    Last edited: Sep 17, 2024
  4. Starman

    Starman Well-Known Member

    Hmmm.

    x.com
     
  5. 2muchcoffeeman

    2muchcoffeeman Well-Known Member

    According to the millennials, we don’t matter anyway.
     
  6. DanielSimpsonDay

    DanielSimpsonDay Well-Known Member

  7. BitterYoungMatador2

    BitterYoungMatador2 Well-Known Member

    All while that deduction from your paycheck doesn't go anywhere.
     
    2muchcoffeeman likes this.
  8. SoloFlyer

    SoloFlyer Well-Known Member

    We were able to go that stretch without taxing it because it wasn't being paid out to a high percentage of the population.

    The tax was added because people are living longer, staying on social security longer, and now a significantly higher portion of the population is drawing social security benefits than when it was not taxed.
     
  9. BitterYoungMatador2

    BitterYoungMatador2 Well-Known Member

    We also were raised on funny conservatives like Alex P Keaton and Carlton Banks.
     
    franticscribe and garrow like this.
  10. nietsroob17

    nietsroob17 Well-Known Member

    In the same speech, he killed RFK Jr. and invented a country. That takes skills.



     
    garrow and 2muchcoffeeman like this.
  11. I Should Coco

    I Should Coco Well-Known Member

    I was working on the desk Sunday, and since the FBI was investigating it as an assassination attempt, I had it attributed to them (“FBI investigates another assassination attempt”)
     
    2muchcoffeeman likes this.
  12. dixiehack

    dixiehack Well-Known Member

    NO SPOLIERS
     
    DanielSimpsonDay likes this.
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