The Soapbox

Joined: 06/03/2005 Posts: 31019
Likes: 52358

25000+ Posts

Board Member 15+ Years

10000 Likes

10000 Likes

10000 Likes

10000 Likes

10000 Likes

2000 Likes

250 Likes

100 Likes

What's this?

You're mostly correct with SS although high earners subsidize the benefits

of lower earners. But at least with social security, the benefit is at least roughly in proportion to contributions. Medicare is not even close to being paid for by contributions. The average person receives a benefit that is 3x what they pay in to the system in taxes and premiums. Unless you make $200K+ per year for a long working career, Medicare is pretty much an entitlement. Or at least 2/3 of it is for the average recipient.

(In response to this post by HiwasseeHoo)

Posted: 01/23/2020 at 1:47PM

+0

PREV NEXT REPLY

Insert a Link

Enter the title of the link here:

Enter the full web address of the link here -- include the "http://" part:

Current Thread:

This should free up some money for Wall construction (link) -- 757 01/23/2020 1:04PM

I really don't see the political benefits of this during an election year. -- southdenverhoo 01/23/2020 1:55PM

My bet is that he just spouts stuff he half-heard. I suspect that at Davos -- Seattle .Hoo 01/23/2020 2:19PM

If Dems were smart though, they would already have an ad out there about it -- hoojinks 01/23/2020 2:57PM

Is he doing it more as a signaling device? Many people in Trumps camp -- HooAskedYou 01/23/2020 2:11PM

He's super popular with the "Social Security is not an entitlement" crowd -- Beerman 01/23/2020 2:33PM

My guess is he didn’t understand what he was saying -- WahooMatt05 01/23/2020 2:11PM

I’m not sure why, I just think he’s clueless when it comes to knowing stuff -- WahooMatt05 01/23/2020 3:01PM

Love the label "entitlement" You are correct. I am entitled to a system I -- HiwasseeHoo 01/23/2020 1:37PM

Great point that there is none of your money anywhere for you. -- ryno hoo 01/23/2020 2:26PM

Might as well cut government pensions while we're at ** -- Brown Water 01/23/2020 3:34PM

A feel sorry for people who put so much faith in government -- TomKazanski 01/23/2020 1:57PM

I'm assuming you opted out of Medicare and SSN contributions -- Oregon Hoo 01/23/2020 3:40PM

If only that were an option.... ** -- BocaHoo91 01/23/2020 3:49PM

Seem to recall seeing you COULD -- Oregon Hoo 01/23/2020 4:02PM

I don't think it's either. Now, I'm 50 years old, so it wouldn't make -- BocaHoo91 01/23/2020 4:08PM

Entitlements are going to have to be reformed, or they will one day -- hoolstoptheheels 01/23/2020 1:53PM

Yes, on immigration, all of this anti-immigration stuff is going to result -- HoosWillWin 01/23/2020 3:37PM

This is a great point Boca that the anti-immigrant people fail to take into -- Seattle .Hoo 01/23/2020 1:58PM

I think we should have a much more liberal legal immigration policy. -- BocaHoo91 01/23/2020 3:54PM

Generally agree. But that depends on what "really harsh" means. ** -- Seattle .Hoo 01/23/2020 4:50PM

Good grief. Meant to be a response to Boca's post below. ** -- Seattle .Hoo 01/23/2020 2:00PM

You're mostly correct with SS although high earners subsidize the benefits -- BocaHoo91 01/23/2020 1:47PM

It's only a matter of time before that becomes true of SS also. -- hoolstoptheheels 01/23/2020 1:55PM

Not really. Even with shifting demographics, SS is funded indefinitely -- BocaHoo91 01/23/2020 2:53PM

If deficits don't matter for enormous tax cuts for the wealthy, why on -- southdenverhoo 01/23/2020 1:57PM

Ahhh the scare tactics have begun ** -- TomKazanski 01/23/2020 1:37PM

This is like W really didn’t intend to actually invade Iraq when he asked -- WaxHoo 01/23/2020 1:54PM

Ahh you are stupid -- HiwasseeHoo 01/23/2020 1:38PM

He would have tried with majorities ** -- TomKazanski 01/23/2020 1:40PM

He had that for two years Einstein. ** -- HiwasseeHoo 01/23/2020 3:25PM

The next D who is President will just be able to declare a state of -- Seattle .Hoo 01/23/2020 2:04PM

Uhhhh.... ** -- 81_Hokie 01/23/2020 2:03PM

Yeah, right, just like he took care of the Wall with those majorities. -- hoolstoptheheels 01/23/2020 1:45PM

? -- TomKazanski 01/23/2020 1:59PM

Ironically, it sounds like you still have a bad case of ODS a full three -- WahooRQ 01/23/2020 4:29PM

I see. You think Obama would have pried the guns from your cold dead hands -- hoolstoptheheels 01/23/2020 2:07PM

Lucky for us libs can only screw things up one at a time -- TomKazanski 01/23/2020 2:12PM

The shit you believe ** -- 111Balz 01/23/2020 2:03PM

This was the GOP plan all along. Cut corporate taxes -- WahooMatt05 01/23/2020 1:10PM

I think we should raise corporate taxes to 90% to fund -- BocaHoo91 01/23/2020 1:43PM

Notice that reinvestment negatively spiked at the same time so what really -- Hooooooooooooooo 01/23/2020 2:42PM

And I think you're misreading the chart. Foreign profits can either be -- BocaHoo91 01/23/2020 3:03PM

Yes I interpreted that as US reinvestment. I do know that that most -- Hooooooooooooooo 01/23/2020 10:26PM

Increased R&D is unquestionably good. I would argue stock buybacks -- BocaHoo91 01/24/2020 06:54AM

And Capex increased by 19%. And the corporations paid taxes -- BocaHoo91 01/23/2020 2:55PM

This truth needs to be hammered home again and again by the Democrats along -- Seattle .Hoo 01/23/2020 1:20PM

I don't get why all of the Dem candidates aren't making this a huge talking -- HoosWillWin 01/23/2020 1:26PM

Democratic strategists have generally been pretty poor at communicating -- Hooooooooooooooo 01/23/2020 2:49PM

Because all they focus on Is collusion -- TomKazanski 01/23/2020 2:03PM

He only said it clearly yesterday in Davos, right? I have a hunch -- southdenverhoo 01/23/2020 1:35PM

Ryan said it over a year ago, and the economics point to -- HoosWillWin 01/23/2020 1:39PM

Who? Name sounds familiar but can't place it...:>) -- southdenverhoo 01/23/2020 1:47PM

Yeah, but after the tax cut, that was next on his agenda. It really is -- HoosWillWin 01/23/2020 2:00PM

It was very vague and nothing with any certainty -- TomKazanski 01/23/2020 1:39PM

Notice: Trying to get property 'queue' of non-object in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781

Warning: Invalid argument supplied for foreach() in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781