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Social Security remains on track for biggest raise in 40 years
khou.com ^ | 12:20 PM CDT September 17, 2021 | Andrew Weil

Posted on 09/22/2021 7:12:29 PM PDT by entropy12

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To: Let's Roll

So true. Just like they insist public school is free. Dummies. Granted it’s not as direct as Medicare, but still….


41 posted on 09/22/2021 10:33:18 PM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016 )
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To: telescope115
My medical bills for this year are (so far) well over 400 thou. Thank God for medical supplements. And I am a senior.

I hit the "Medicare jackpot" big time also. Two heart attacks and cancer twice.

I am not so certain that I really wanted all that doctoring...

42 posted on 09/22/2021 10:35:45 PM PDT by CurlyDave
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To: cableguymn

Happened to me last couple of years. Net SS received went down because medicare went up more than COLA increase.


43 posted on 09/23/2021 2:11:13 AM PDT by Bonemaker (invictus maneo)
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To: entropy12

“Only $152? That is a bargain considering what private health insurance costs.”

You are right it’s a helluva good deal! But don’t forget the years of advance payments during one’s working years. Obamacare is what Obama’d up private health insurance.


44 posted on 09/23/2021 2:16:59 AM PDT by Bonemaker (invictus maneo)
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To: entropy12

$152.00 PLUS whatever your supplemental insurance costs you!!


45 posted on 09/23/2021 2:23:56 AM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: FLvoter

What is disgusting is how many people look to SS as their entire retirement plan. They have no backup or savings.

I saw a facebook posting last year saying “The Republicans are going to cut social security, I’m so afraid”

Now that is disgusting!


46 posted on 09/23/2021 3:59:45 AM PDT by where's_the_Outrage? (Drain the Swamp. Build the Wall.)
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To: entropy12

Only $152? That is a bargain considering what private health insurance costs.


Considering Medicare does not cover what private ins does and often at far less coverage. We have to buy supplemental insurance of differing types just to get close to private ins coverages. Medicare is not a bargain.


47 posted on 09/23/2021 4:15:20 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: where's_the_Outrage?

What is disgusting is how many people look to SS as their entire retirement plan. They have no backup or savings.

Always a sign of compassion when pillorying those less fortunate who cannot correct mistakes made in the distant past.


48 posted on 09/23/2021 4:23:57 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: doug from upland

No, I wasn’t really thinking about him.


49 posted on 09/23/2021 6:41:44 AM PDT by telescope115 (Proud member of the ANTIFAuci movement. )
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To: Owen

Aetna Medicare advantage is way better than what you just described as well as Cigna. You should change over.


50 posted on 09/23/2021 7:45:38 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: where's_the_Outrage?

Your head is obviously up your a$$. Most people do not work for employers who pay them enough to live in the first place. To compound that, few employers provide good pension benefits anymore. Now if you are lucky enough to have a good job, and get a pension, then yes it looks like everybody else is just being stupid, while you are oh so clever and well-prepared. But that is simply not reality. A lot of people have been down-waged by the availability of cheap labor, and their jobs might pay $450 to $500 per week gross. Hard to save much on that. Hard to put dollars away for a rainy day when you have a rainy day (transmission go out, hot water heater breaks, etc) 3 or 4 times a year.


51 posted on 09/23/2021 7:57:24 AM PDT by Penelope Dreadful (And there is Pansies, that's for Thoughts.)
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To: Bonemaker

It’s just more shell games from the government in the great Ponzi scheme called Social Security.


52 posted on 09/23/2021 7:59:07 AM PDT by cableguymn (We need a redneck in the white house.... But the fact checkers said thein story was false!)
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To: Penelope Dreadful

Good post. The deeper issue is that government regulations and taxes on business have gotten so complex and so extreme that it is very expensive for businesses to hire employees—a lot of the cost is never seen by the workers as wages or salaries.

Decades of attacks by politicians have crippled middle class families—and it is only the top ten percent or so of income earners that can save for a rainy day—and even they will have trouble if they live in high cost urban areas.


53 posted on 09/23/2021 8:02:56 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: hardspunned

“Hoo Boy! Look at that raise Joe Biden got us. Without Joe we’d be stuck at a lousy one or two percent again. There will be democrats out there selling that line.”

You got that right while we pay 2 bucks for a roll of toilet paper and 5 bucks for a gallon of gas.


54 posted on 09/23/2021 8:11:47 AM PDT by kenmcg (tHE WHOLE )
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To: Owen

I get my supplement from AMAC, which is commie AARP’s conservative competitor. Medigap G for $140, part D $7.30


55 posted on 09/23/2021 8:13:03 AM PDT by bankwalker (groupthink kills ...)
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To: cgbg

Thank you! There is just so much that goes into the mix anymore that our old notions of “Poor People=Bad People/Irresponsible People” needs to revised. That was probably true back during the 1960s and early 1970s, but the whole matrix has changed. That probably still holds true for maybe 1/3 of poor people - the addicts, the drunks, the lazy and the shiftless - but I have encountered a lot more who have simply fallen between the cracks in some way or another. Medical emergencies can wipe out savings, divorces can wipe out savings and financial health, job losses too, and other things. Rising college costs can saddle young people with ridiculous amount of debt. Bankruptcy laws have changed too, and many people can no longer go Chapter 7, but have to pay off loan shark credit card companies. For many older people, social security is all they got, and the student loan sharks can even come after that. Not to realize these things is what keeps the Country Club Republicans in power vs the Trumpians.


56 posted on 09/23/2021 8:27:51 AM PDT by Penelope Dreadful (And there is Pansies, that's for Thoughts.)
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To: cableguymn

BeeEss on the Ponzi Scheme stuff. Ponzi schemes fail because the money runs out. When the government can simply print more money, the money does not have to run out. Its a whole different thing.


57 posted on 09/23/2021 8:30:20 AM PDT by Penelope Dreadful (And there is Pansies, that's for Thoughts.)
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To: Penelope Dreadful

or becomes worthless.

it may never “run out” but it is dropping in value fast


58 posted on 09/23/2021 10:00:14 AM PDT by cableguymn (We need a redneck in the white house.... But the fact checkers said thein story was false!)
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To: cableguymn

If you printed way too much money it could become worth less. But the Weimar fixed their problem within 3 months so the “print more money” is very viable. Whatever, to call social security a Ponzi scheme is a misrepresentation.

FWIW - https://www.bbc.co.uk/bitesize/guides/z9y64j6/revision/6


59 posted on 09/23/2021 10:06:14 AM PDT by Penelope Dreadful (And there is Pansies, that's for Thoughts.)
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To: Penelope Dreadful

No. No it’s not.

name one private company running things the same way.

(you can’t because it would be illegal)


60 posted on 09/23/2021 10:09:52 AM PDT by cableguymn (We need a redneck in the white house.... But the fact checkers said thein story was false!)
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