Incredible breakdown. Flemming v Nestor is teh legal smoking gun everyone conveniently forgets when politicians call SS untouchable. The gap between what's actually enforceable and what's politically sacred explains why reform never happens. I spent time working adjacent to federal benefit programs and that demographic inversion ratio is brutal to watch in real time, felt way more abstract until seeing current 2.7 down to projected 2.3.
I was born in 1960 and have never heard of Flemming v Nestor until this evening.
What a farce. Twump is the current face of an old established system of grift. Just turned 65, planning to work for my "full benefit" until 68-70 and I never knew this was in actuality, a fucking Ponzi scheme with a hidden trigger.
You know, I've worked since I was 15. That's 50 fucking years paying into the SS system. Damn. I was not a true beliver in the current system (it could be geared to work for the betterment of all not just the well-heeled) but at the same time, I thought it would continue to limp along however imperfectly.
Now that we know there is a shut-off switch, we've all got to plan accordingly. Whatever that means. I'm open to ideas.
The government should not have stolen money from SS to spend at their will on other things. When they learned the formula was not working, one of two things should have happened:
1. Find a way to make the program sound and workable, or,
2. Stop taking the GD FICA out of my paycheck!!
They still collect FICA, RIGHT!!
I want every dime I paid in. Plus interest and inflation adjustments for the 53 consecutive years I worked and paid into FICA. The promise of a small stipend in return for the fica taxes I paid needs to happen.
To the writer, King George tried to say "We will tax you without giving you anything in return", how'd that work out?
Incredible breakdown. Flemming v Nestor is teh legal smoking gun everyone conveniently forgets when politicians call SS untouchable. The gap between what's actually enforceable and what's politically sacred explains why reform never happens. I spent time working adjacent to federal benefit programs and that demographic inversion ratio is brutal to watch in real time, felt way more abstract until seeing current 2.7 down to projected 2.3.
I was born in 1960 and have never heard of Flemming v Nestor until this evening.
What a farce. Twump is the current face of an old established system of grift. Just turned 65, planning to work for my "full benefit" until 68-70 and I never knew this was in actuality, a fucking Ponzi scheme with a hidden trigger.
You know, I've worked since I was 15. That's 50 fucking years paying into the SS system. Damn. I was not a true beliver in the current system (it could be geared to work for the betterment of all not just the well-heeled) but at the same time, I thought it would continue to limp along however imperfectly.
Now that we know there is a shut-off switch, we've all got to plan accordingly. Whatever that means. I'm open to ideas.
The government should not have stolen money from SS to spend at their will on other things. When they learned the formula was not working, one of two things should have happened:
1. Find a way to make the program sound and workable, or,
2. Stop taking the GD FICA out of my paycheck!!
They still collect FICA, RIGHT!!
I want every dime I paid in. Plus interest and inflation adjustments for the 53 consecutive years I worked and paid into FICA. The promise of a small stipend in return for the fica taxes I paid needs to happen.
To the writer, King George tried to say "We will tax you without giving you anything in return", how'd that work out?