OT Trump Says He Will Cut Social Security And Medicare If He Is Re-elected

[Lanny]

The dude with the boat

That's the one, alright.

 

[Hoopguru]

My poor near illiterate Alabama grandparents had nothing but two checks, one from social security and the other a tiny pension for black lung disease from working in a coal mine for decades. They were lucky to have been able to apply for those pensions since their intellect level was exceedingly low. I assure you that there are many Millions of others in that boat, the bulk of them being in the deep South. ABM living in Tennessee ought to know this from first hand experience. Tennessee is situated directly on top of Alabama and just a hop, skip and a jump from where my grandparents lived in Northern Alabama between Decatur and Huntsville.
Eliminating social security will condemn Millions of Americans to severe poverty and starvation.
Need I even go into the monumental disaster that would result from the elimination of federally run Medicare?

This plan of cutting back on social security and medicare is truly designed by the Three Stooges.

Agree...we don't want go cut off anyone in legit need. Dont do away with SS & medicare fro those in need.
But at the same time take away monetary per child, incentives from the baby machines down there too. That also, wreaks havoc on a community.
As a society we have to help, teach & coach people to fish and provide for themselves.

 

[MarAzul]

Do you really and truly know what “virtue signaling” is?? Is there really such a thing? Funny that about the only time that term is used by anyone is when that individual (or individuals) don’t have a legitimate response to a question or issue. It’s nothing more than a deflection, used by those who have walked themselves in a corner and have no other way out. Talk about a discussion killer.......

Sorry UCD, but it the only comment that fits the thread. All here are sending the same signal. Even though the program can not work for many reason, but it is virtuous to the left.

 

[TorturedBlazerFan]

Im still not totally sure how I feel about UBI, but what if they cut SS and Medicare and had a livable UBI, and the UBI was on something similar to a “tax bracket”, so those who needed it the most got the most?

 

[calvin natt]

I don’t know it social security is sustainable or not or if it’s “right” or not but after paying into it for this long if people were to lose it after all these years there would be hell to pay.

 

[e_blazer]

All of my life the political scene has been dominated by Social Security, abortion, taxes, immigration, welfare and whatever military action we’re screwing with at the moment. Both parties need their pet issues to drive their base. Despite all the blather, nothing of consequence ever really changes. I’d be willing to bet that’s what happens here.

 

[borim69]

So lets look at this another way. We all know people who have disabilities and our heartstrings tug when something happens. So lets say we start privatizing a 401K or IRA plan when you start working at 18 ( I started at 11) and a Health care savings account and you put 15 % of your paycheck into those. The money does not go to the government so it costs them nothing. Then 5% of your paycheck goes to a disability fund which is controlled by the government that money will go out to people who need it and you will be in control of your own healthcare and retirement with a buffer if you become disabled. Now obviously you could not start this with someone who is 45 but it would be safe to say that someone who is 25 right now would be more then covered. Social Security was not designed to be a retirement fund it was a buffer and for people and those who were born with birth defects and could not work. It is not the governments job to take care of you it is you who need to take care of yourself. The government should only help those who cant help themselves.

 

[e_blazer]

So lets look at this another way. We all know people who have disabilities and our heartstrings tug when something happens. So lets say we start privatizing a 401K or IRA plan when you start working at 18 ( I started at 11) and a Health care savings account and you put 15 % of your paycheck into those. The money does not go to the government so it costs them nothing. Then 5% of your paycheck goes to a disability fund which is controlled by the government that money will go out to people who need it and you will be in control of your own healthcare and retirement with a buffer if you become disabled. Now obviously you could not start this with someone who is 45 but it would be safe to say that someone who is 25 right now would be more then covered. Social Security was not designed to be a retirement fund it was a buffer and for people and those who were born with birth defects and could not work. It is not the governments job to take care of you it is you who need to take care of yourself. The government should only help those who cant help themselves.

The biggest problem with privatization of retirement savings is how to deal with paying benefits for people who are currently on Social Security. Social Security depends on the current working generation to pay for people who are currently getting benefits. That means switching over would either shaft people who are currently on Social Security or making the workforce pay double. Good luck with that.

 

[Hoopguru]

So lets look at this another way. We all know people who have disabilities and our heartstrings tug when something happens. So lets say we start privatizing a 401K or IRA plan when you start working at 18 ( I started at 11) and a Health care savings account and you put 15 % of your paycheck into those. The money does not go to the government so it costs them nothing. Then 5% of your paycheck goes to a disability fund which is controlled by the government that money will go out to people who need it and you will be in control of your own healthcare and retirement with a buffer if you become disabled. Now obviously you could not start this with someone who is 45 but it would be safe to say that someone who is 25 right now would be more then covered. Social Security was not designed to be a retirement fund it was a buffer and for people and those who were born with birth defects and could not work. It is not the governments job to take care of you it is you who need to take care of yourself. The government should only help those who cant help themselves.

I agree. Its about a reasonable balance to me with tools to help one succeed.
When we raise kids we don't raise them to depend on parents for the duration of their lives. We raise them to be independent and learn the value of hard work and how making the right decisions in life can steer you to being self sufficient. It's not always easy to push the kids out of the nest so that they can learn to live and provide for themselves. But the process is natural and has been proven to work for the majority. Yes, its ok for parents assist or loan their kids money on occasion, but their should be an understanding that it's either a gift or a loan. Ive had no problem loaning my kids money if I see that are being responsible and productive in their lives with solid decision making, I also expect to be payed back if it's a loan and I hold hem to it. It has been my wife and I's responsibility to teach/coach the kids on how to invest and save, they are doing so in various ways.
IMO, the Government can act as a parent assisting their kids if needed, and we do, and we should, but there should also be a plan to assist people in getting away from government dependency as you would your own kids being dependent on you. Learn by doing.

 

[tlongII]

This is NOT what he said

Exactly. I just have to shake my head at some of the fabrications on this board.

 

[Shaboid]

There is a reason these are called "entitlements".

 

[andalusian]

There is a reason these are called "entitlements".

Which of the 2 definitions are you referring to?

 

[hoopsjock]

So lets look at this another way. We all know people who have disabilities and our heartstrings tug when something happens. So lets say we start privatizing a 401K or IRA plan when you start working at 18 ( I started at 11) and a Health care savings account and you put 15 % of your paycheck into those. The money does not go to the government so it costs them nothing. Then 5% of your paycheck goes to a disability fund which is controlled by the government that money will go out to people who need it and you will be in control of your own healthcare and retirement with a buffer if you become disabled. Now obviously you could not start this with someone who is 45 but it would be safe to say that someone who is 25 right now would be more then covered. Social Security was not designed to be a retirement fund it was a buffer and for people and those who were born with birth defects and could not work. It is not the governments job to take care of you it is you who need to take care of yourself. The government should only help those who cant help themselves.

Shouldn't this be how the government runs it anyway?

What happens when that private company gets shut down for fraud or someone embezzles money from it?

 

[julius]

Shouldn't this be how the government runs it anyway?

What happens when that private company gets shut down for fraud or someone embezzles money from it?

How quickly people forget Enron.

 

[Shaboid]

Which of the 2 definitions are you referring to?

I intended to be facetious. Is there a font color for that?

 

[Lanny]

So lets look at this another way. We all know people who have disabilities and our heartstrings tug when something happens. So lets say we start privatizing a 401K or IRA plan when you start working at 18 ( I started at 11) and a Health care savings account and you put 15 % of your paycheck into those. The money does not go to the government so it costs them nothing. Then 5% of your paycheck goes to a disability fund which is controlled by the government that money will go out to people who need it and you will be in control of your own healthcare and retirement with a buffer if you become disabled. Now obviously you could not start this with someone who is 45 but it would be safe to say that someone who is 25 right now would be more then covered. Social Security was not designed to be a retirement fund it was a buffer and for people and those who were born with birth defects and could not work. It is not the governments job to take care of you it is you who need to take care of yourself. The government should only help those who cant help themselves.

There are an awful lot of people who can't take care of themselves including people who are going to throw their money down a rat hole thinking they're going to make a killing in some sort of investment. This could be risky stocks or scam schemes or just plain bad luck.

You've got to guarantee that somehow all these people will have something for their retirement that will assure them of at least some minimal living standard. Now, come up with that.

 

[Lanny]

How quickly people forget Enron.

I've got two college buddies that went to work for PGE that got royally screwed in that deal. One rose to the level of a high level executive managing Portland's World Trade Center. I lost track of the other who only wanted to work there as an engineer and get out with enough money to start a hardware store.
What a disaster the Enron incident caused.

 

[MARIS61]

Do we really need child labor laws either? If the kids want to earn a little money, let them. And workplace safety rules - let's remove them. Our workers are smart enough to look out for themselves. They can get a different job if they think it's unsafe.
barfo

No, we don't need most child labor laws. As you have pointed out before, most products we buy are from China ,where all children are slaves and there are no child labor laws there. Same with safety laws, none in China and your pc works just fine! Nobody you know died making it, so...cool.

I worked in berry and bean fields, mowed lawns, painted houses, every summer from the age of 7.

My sons were irrationally forbidden by law from doing most of that, in order to create a false market of "jobs Americans won't do" to justify allowing a slave market of illegal aliens working under the table.

 

[ehizzy3]

Jesús Christ

 

[Lanny]

No, we don't need most child labor laws. As you have pointed out before, most products we buy are from China ,where all children are slaves and there are no child labor laws there. Same with safety laws, none in China and your pc works just fine! Nobody you know died making it, so...cool.

I worked in berry and bean fields, mowed lawns, painted houses, every summer from the age of 7.

My sons were irrationally forbidden by law from doing most of that, in order to create a false market of "jobs Americans won't do" to justify allowing a slave market of illegal aliens working under the table.

I had a newspaper route at 10. Sold papers in and out of restaurants, bars and taverns in Oswego. Started mowing lawns at 11 and picked strawberries at 9, 10, 11 and 12.
I remember one time when I was 9, I helped my friend deliver his Sunday papers. Afterward it was still pretty early in the morning and we tried going to the park but a policeman told us we had to go home until a certain time in the morning. Some kind of curfew law.
Oh yeah, I also picked up bottles for their return deposit. This earned me enough money to go to the movies, buy bus tokens from Rose City Transit and pay a guy who was somewhere around 20 enough money so he could buy gas and take us kids to Sauvie Island to go swimming.