S & P Dire Warnings - Page 7

piece-itpete · #61 08-07-2014, 12:26 PM

He ran a what, 7 or 8% deficit? Obama has scorched that puppy. As far as SS and tax cuts your side has done every bit as much.

That said I tend to agree with you, Reagan didn't cut government.

Pete

Tom Joad · #62 08-07-2014, 12:35 PM

Quote:

Originally Posted by piece-itpete

Double because we paid for the boomers already, and the money's gone.

How much are you paying for SS and Medicare?

7.65%

or 15.3%?

Quote:

Originally Posted by piece-itpete

Screwed by the great and munificent Federal Government, who raised my retirement to 67.

Pete

That was your boy Reagan's idea.

And your retirement age didn't go up, you can still retire at 62, or anytime after that and get Social Security. You will just get less.

So what it really was was a cut in benefits, not a raise in the retirement age. And that's what I'm calling it, I don't give a shit what anyone else says.

That's what happened to me.

I took my SS at 65, which was the age I was supposed to get 100% of my PIA. Instead, thanks to your boy Reagan I only got 93.33%. So the way I figure it each check I get is 6.67% short. I'm keeping track of that, and after the revolution I'm going to make the right wingers pay me back, with interest.

4-2-7 · #63 08-07-2014, 12:42 PM

Quote:

Originally Posted by piece-itpete

Well, I'm paying double already, and I doubt I'll make it to 65 so it just might work out.

Wait a sec. I've been screwed already and have to work till 67 - that's a good 3% better. Or worse, depending on your POV

Tom, I didn't spend the money.

Pete

It got spent on people like Tom, the double dippers and unions.

Pio1980 · #64 08-07-2014, 12:46 PM

I went into SS early as my life span is uncertain at best and I was in need of the relief.

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piece-itpete · #65 08-07-2014, 12:46 PM

Quote:

Originally Posted by Tom Joad

How much are you paying for SS and Medicare?

7.65%

or 15.3%?

That was your boy Reagan's idea.

And your retirement age didn't go up, you can still retire at 62, or anytime after that and get Social Security. You will just get less.

So what it really was was a cut in benefits, not a raise in the retirement age. And that's what I'm calling it, I don't give a shit what anyone else says.

That's what happened to me.

I took my SS at 65, which was the age I was supposed to get 100% of my PIA. Instead, thanks to your boy Reagan I only got 93.33%. So the way I figure it each check I get is 6.67% short. I'm keeping track of that, and after the revolution I'm going to make the right wingers pay me back, with interest.

:thumbsup:

The Dems controlled the House back then

I agree though, it was a cut in benefits. Wait for the coming debt crisis, it's going to get worse before it gets better.

4-2-7 it was spend on day to day expenses by both parties. Perhaps the greatest ripoff ever.

Pete

Tom Joad · #66 08-07-2014, 02:17 PM

Quote:

Originally Posted by piece-itpete

Wait for the coming debt crisis, it's going to get worse before it gets better.

There is no debt crisis in this country.

There is a distribution of wealth crisis.

Tom Joad · #67 08-07-2014, 02:45 PM

Quote:

Originally Posted by piece-itpete

Tom you need to get over your persecution issues

You mean like when you right wingers turn the mere mention of maybe banning 100 round drum magazines into "Obama is going to take away all our guns!"?