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To: Psalm 73

Some “conservatives” will not be happy until we’ve abolished social security and medicare. Raising retirement age is bullshit too. If we could afford trillions for the Iraq war, I think we can hold on to social security without either selling it out to wallstreet through privatization or raising the retirement age so that people hopefully die before they get to get their money out.


30 posted on 02/14/2016 4:59:50 AM PST by Greetings_Puny_Humans (I mostly come out at night... mostly.)
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To: Greetings_Puny_Humans

Butbutbut it’s patriotic to fund endless wars in the Middle East!

Granny and grandpa who paid in all their lives? Not so much.


34 posted on 02/14/2016 5:03:01 AM PST by Yashcheritsiy (You can't have a constitution without a country to go with it)
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To: Greetings_Puny_Humans
"According to a recent Brown University study, the wars and their ripple effects have cost the United States $3.7 trillion, or more than $12,000 per American."

However, spread out over the the 14 1/2 years since 9/11, that's $828 per capita annually. In comparison to the roughly $30,000 maximum SS retirement payment, it's not enough to make all that much of a difference. In addition, the wars are a "sunk cost" at this point. Of course we should investigate why 106 year olds are cashing SS checks. It shouldn't be all that difficult to confirm that a SS recipient is still breathing.

There are actuarial problems regarding the SS retirement system but there's still plenty of time to resolve them. Actuarially, 80 is the "new 60", and I see plenty of 60-somethings out jogging. Eventually raising the minimum age or partly taxing benefits would be the low-hanging fruit.

The bigger problem is SSDI, it follows that it must contain fraud and abuse, since applications appear to move in tandem with the unemployment rate. If the gov't is lax about investigating SS retirement payments that don't make any sense, I doubt it expends more effort investigating the much more difficult to investigate SSDI recipients as carefully as private DI insurers do.


109 posted on 02/14/2016 5:49:50 AM PST by Sooth2222 ("Every nation has the government it deserves." - Joseph de Maistre (1753-1821))
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