Canada trying to ban Ruger #1 single shot rifles

[dennishoddy]

You’re wrong about how social security works

You generally have to earn a certain number of credits to draw benefits (currently 40) unless you are in a qualifying category of people who get to draw without having paid into the system.

And fwiw there’s a fairly sizable number of folk in that category who draw benefits but never paid into the system.

Additionally only 4% of the population are defined as never beneficiaries by the Social Security AdminIstration

Social Security is socialism do you really think you’re gonna draw the money you paid in ? That’s not how it works, someone else paid for you or is currently paying for you, that’s always how Social Security has worked.It’s a mandatory participation system and you don’t get to opt out.

One of the reasons Social Security is becoming insolvent is because the ratio of people paying into the system supports beneficiaries has been shrinking for decades. It’s currently around 2 : 1 where it previously was as much higher .

If the gubberment payed in the dollar for dollar the original system was supposed to work under, it would be solvent except for the two times the government has raided the SS system which contributed to the mess it is now.
The gubberment has never contributed the first dollar they were obligated to.
I paid into the system all of my life. I'm just getting my money back. If I live long enough I will.

 

[dennishoddy]

You can feel about it how you want but there’s no such thing as “fair share”. You’ve been paying for other beneficiaries since 1957 assuming you’re still working while drawing benefits and earning income unless you’re staying below the income cap.

The people that die before recouping their contributions is how SS is staying alive now. It's a Ponsi scheme that will fail before long using math, but politicians never understand math. They just print out more money to keep SS solvent but will likely reduce benefits to move that scheme forward for a few more years. They are already talking about moving the retirement ages up a few more years so folks have to keep contributing.
Eventually it will catch up to them and they can't do anything but print money to support it.
No political party wants to be known as the party that killed SS. They are dead if they do.

 

[dennishoddy]

First of all the categories of people who draw social security but never paid in is not just limited to SSDI recipients.

It’s not a matter of IF social security is insolvent at this time but more of it is becoming insolvent at an ever accelerating rate the ratio of payors vs beneficiaries has been decreasing for decades while the amount beneficiaries receive has been increasing .

As for the never beneficiaries category it includes immigrants and others who did not pay in enough to draw benefits see that 40 credits I mentioned. Those 40 credits are quarters and equal 120 months . That 4% I cited is statistically accurate and its not 3.5 % its much closer at this point to 3.8% if you understood statistics you know that percentages are rounded after you hit a .5% increase.

Social Security is socialism in its purest form , you must pay in. There is no opt out try to do so and see what happens. Its not an investment not even remotely, what you are currently paying in is being used to pay current beneficiaries . There is no “account” where your funds are held and invested on your behalf.

I'm not sure you completely understand the term "socialism" you keep tossing around.

From the Dictionary.
But, I'm still following this thread.

socialism​

noun​

so·cial·ism ˈsō-shə-ˌli-zəm

1
: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
2
a
: a system of society or group living in which there is no private property
b
: a system or condition of society in which the means of production are owned and controlled by the state
3
: a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done

 

[dennishoddy]

And no, illegals typically do not get Social Security benefits.

They use fake SS numbers easily obtained on street corners.
Those fake numbers do sometimes attach themselves to real people that are contributing to the SS system.
I'd guess that gets them more $$ when they retire? I don't know.

 

[dennishoddy]

Yep, some do use the SS number of someone else (dead child) but I think that most do not bother with doing this because it's just too easy to get busted and sent to Federal prison or deported.

I've worked with a lot of people from Mexico (when I lived in California-NTM) and what they typically do is work their butts off, send as much money as possible back to their family/relatives in Mexico whom deposit the money into a Mexican bank account. When they get enough saved up they go back to Mexico, and because of the favorable exchange rate, are able to live the good life in retirement, or open a small business.

Very few of these illegals currently are from Mexico. Most are from Cuba, Venezuela or other areas in South America, or the other 150 countries streaming across our border.

 

[WoodsCraft]

If the gubberment payed in the dollar for dollar the original system was supposed to work under, it would be solvent except for the two times the government has raided the SS system which contributed to the mess it is now.
The gubberment has never contributed the first dollar they were obligated to.
I paid into the system all of my life. I just getting my money back. If I live long enough I will.

The Original system was designed for you to not collect benefits very long before you died The original FRA was 65 ( this was changed in 1983). When Social Security became law in 1935 the Life Expectancy was 58 years for men and 61.7 years for women. Furthermore in 1935 the projections for a beneficiary drawing benefits was 13 years., in 2022 the life expectancy is 77 years for me and 81 years for women.

People for quite sometime now have been retiring and drawing 2o and 30 years of benefits ...

There has never been a dollar for dollar payout for Social Security benefits look it up and its a myth that the government said they would contribute any amount. It has always from the beginning been a manadatory taxation scheme . The big difference between now and then is that only about 1/2 of jobs in 1935 were required to pay taxes into Social Security .

 

[dennishoddy]

The Original system was designed for you to not collect benefits very long before you died The original FRA was 65 ( this was changed in 1983). When Social Security became law in 1935 the Life Expectancy was 58 years for men and 61.7 years for women. Furthermore in 1935 the projections for a beneficiary drawing benefits was 13 years., in 2022 the life expectancy is 77 years for me and 81 years for women.

People for quite sometime now have been retiring and drawing 2o and 30 years of benefits ...

There has never been a dollar for dollar payout for Social Security benefits look it up and its a myth that the government said they would contribute any amount. It has always from the beginning been a manadatory taxation scheme . The big difference between now and then is that only about 1/2 of jobs in 1935 were required to pay taxes into Social Security .

Absolutely correct in the issue of the SS system being designed around the life expectancy at the time it was enacted. BUT, the workforce has increased exponentially from those days putting tons more money back into the system to bolster it.
The dollar for dollar is not a myth. Way back when I joined this site we had this same discussion and I produced it.
The link to that has been scrubbed. Guess who controls the internet. Ask Elon Musk.

 

[Chuckie]

Very few of these illegals currently are from Mexico. Most are from Cuba, Venezuela or other areas in South America, or the other 150 countries streaming across our border.

That be true and is becoming more true as time goes on. Under the Mexican constitution these immigrants are allowed to apply for Mexican citizenship and settle down, but it seems that Mexico does not want them, so they escort them safely (mostly) through their country to their own Northern border, then encourages them to keep on going North

 

[HillsideDesolate]

My feelings on Canadians.