GOP gonna to starve future old people?

Secure Da Bag

Veteran
Joined
Dec 20, 2017
Messages
43,069
Reputation
22,129
Daps
133,787

"And unless you are going to grow the number of investors at an exponential rate, that system is eventually going to collapse. Well, since we can't grow the workforce at an exponential rate, especially today when our population is actually in a state of decline, you're not going to be able to sustain a Ponzi scheme like Social Security," Antoni continued. "Eventually you need to sunset the program."

Antoni said current benefits need not be touched, but future retirees should not rely on the program. He advocated for transitioning to a system that uses private accounts "for just them."

"There's plenty of money available to pay for folks who are already retired," he said. "But the people who are going to retire 10, 20, even 30, or certainly 40 years from now—I'm sorry, but the program is not going to be viable at that time."

Antoni argued for "some kind of transition program where, unfortunately, you'll need a generation of people who pay Social Security taxes but never actually receive any of those benefits," he continued. "And that sounds harsh, but unfortunately that's the price to pay for unwinding a Ponzi scheme that was foisted on the American people by the Democrats in the 1930s."

He's not just getting rid of COLA but the whole damn Social Security. I wouldn't be surprised if Medicare/Medicaid is next up. :francis:

Just a reminder they tried this during Bush Jr's run. It did not go well.
 

O.Red

Veteran
Joined
Jun 1, 2012
Messages
19,578
Reputation
6,314
Daps
79,001
Reppin
NULL
AARP it's quite literally the biggest most powerful lobbying group in the country. This isn't going to work.

And those older people are The ones with the most money in America and they vote religiously.
:wtf:This true? Link?
 

CopiousX

Veteran
Supporter
Joined
Dec 15, 2019
Messages
14,365
Reputation
5,006
Daps
70,731
:wtf:This true? Link?
Yah, they basically scoop up everybody once they hit retirement age. That's a huge pool of donors in the tens of millions.





I think their power is in the fact that retirees are currently the richest generation in American history, the babyboomers. So they can fund lawyers, lobbyists, political candidates, far better than other lobbyist groups like the NRA whose base isnt predisposed to being wealthy and includes poor young and middle aged people.
 

Secure Da Bag

Veteran
Joined
Dec 20, 2017
Messages
43,069
Reputation
22,129
Daps
133,787
If the Dems don't start running on this or just giving a reminder, they deserve for the "socialists" to take over.
 

Bryan Danielson

Jmare007 x Bryan Danielson x JLova = King Ghidorah
Joined
May 16, 2012
Messages
109,792
Reputation
11,900
Daps
211,443
Reppin
#We Are The Flash #DOOMSET #LukeCageSet #NEWLWO
GOP only cares about themselves right now.


The climate, the economy, social security, they don’t give a fukk because they won’t be here to see it

This part


ARE YOU MAGA COLI NICCAS AND @#BOTHSIDES CATS LISTENING!!!!!
 

Richard Glidewell

Yall done tore all the bottom of ya shoes w/me!!!
Joined
May 24, 2022
Messages
8,717
Reputation
2,424
Daps
24,986
If the Dems don't start running on this or just giving a reminder, they deserve for the "socialists" to take over.
The fact that they would have to tell anyone with a functioning brain cell the deal at this point further proves the flood needs to happen expeditiously........post haste..........jump start that AI so them human zoos can become a thing
 

David_TheMan

Veteran
Bushed
Joined
Dec 2, 2015
Messages
39,641
Reputation
-2,924
Daps
87,771
social security and medicare have to go.
Social security should be turned into RSAs and closed out for everyone who isn't in it.
Meaning take the money that is registered for account holders 55 and below. They automatically have that money turn into real cash in a RSA account for that individual. That means its tax free if money is put there, its transferrable to heirs (SS) is not, when used after retirement withdrawal is tax free as well, 15% penalty if used before retirement age. Also allow investment with finances in the account and let those investments and earnings be tax free as well.

55 - 64 get the option to stay in SS or get a RSA, they get a 20% bonus on their account if they accept it.

Then you lock enrollment and sunset the program.

Medicare / Medicaid can be transfered immediately to the states, no longer a federal program it must be closed out immediately.
Those 3 programs account for 75% of the federal budget.
 
Top