It's the military and federal employee 401k equivalent. Run by the govt.What's the TSP? But the rest I agree with. And the max income for SS tax is far too low. Raising that alone would make SS solvent well past 2060.
It's the military and federal employee 401k equivalent. Run by the govt.What's the TSP? But the rest I agree with. And the max income for SS tax is far too low. Raising that alone would make SS solvent well past 2060.
That's why they are doing it in a way where current old people continue to receive their benefits and the younger generations get screwed.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.
They are busy licking boots in that other thread about Washington DC. Am I right @Absolut?
What’s breaking news here? You think you will be getting social security in a few decades, and the current dem platform can win an upcoming general election? Boy do I have some news for youThat's why they are doing it in a way where current old people continue to receive their benefits and the younger generations get screwed.
They are busy licking boots in that other thread about Washington DC. Am I right @Absolut?
Funny a texas county opted out of SS security.Y'know what's crazy is that back in the '50s, obviously a different time. Still, it was the Republicans, specifically President Eisenhower who once voiced that any political party seeking to destroy Social Security would no longer exist simply because the people wouldn't support such a thing.
As Eisenhower said himself...
![]()
Oh, how times have changed. Nowadays, there are poor and broken-down rural idiots supporting politicians who seek to end these same benefits, safety nets, etc.
Funny a texas county opted out of SS security.
They have had higher rates of return for the citizens that lived in the county.
it was so successful that congress passed a law that stopped any other county in the US from pulling out of SS.
In short Eisenhower was an economic idiot.
www.forbes.com
Railroad workers knew Social Security was a scam also, they were able to carve out an exemption as well they have the Railway Retirement accounts which are also funded unlike social security and they can pass it to their heirs.![]()
Rick Perry says employees in three counties left Social Security for alternate savings plans and are faring very well
Promoting his book, Texas Gov. Rick Perry bemoaned a failure in Washington to confront Social Security's financial shakiwww.politifact.com
![]()
How Three Texas Counties Created Personal Social Security Accounts and Prospered
Three Texas counties opted out of Social Security 30 years ago by switching to personal accounts, and those workers have made money every year.www.forbes.com
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.
What good have Republicans done in the last 25 years?
Railroad workers knew Social Security was a scam also, they were able to carve out an exemption as well they have the Railway Retirement accounts which are also funded unlike social security and they can pass it to their heirs.