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Social Issues

Medicare for everyone who needs it

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#1 of 10

     Posted Oct-21 9:11 PM   
RchrdStvr
 
From  RchrdStvr  Posts 36  Last Oct-21
To  All      [Msg # 147669.1 ]    

Records show that the Social Security tax surplus is borrowed by the Fed Government every year and that last year the surplus was well over $200 Billion.

Records also show that before the recession 146 million workers paid 7.65 percent SS taxes, including baby boomers, and there was around 5.5 percent unemployed at the time.

So when you hear that 4 percent of the workers have suddenly lost their jobs and have stopped paying their SS taxes, don't be alarmed, because 96 percent are still paying theirs, and there will still be over $200 billion SS surplus this year.

Since there is no clear law that puts limitations on how much SS spends, only that the Fed Government gets the surplus, it's perfectly legal for the SS to spend the surplus to add Medicare coverage for all of those who don't have medical insurance.

Those among you who think all income taxes go into one pot are wrong. SS is listed seperatly on the printed budget every year.

Richard

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#2 of 10

     Posted Oct-30 11:02 PM   
Tobster E [Wizoptress]
 
From  Tobster E [Wizoptress]  Posts 5936  Last Nov-21
To  RchrdStvr      [Msg # 147669.2 Message 147669.2 replying to 147669.1 147669.1 ]    (Unread)

Richard,
I am sorry I didn’t see this earlier, but I agree totally with you, Social Security should be in a lock box, and not spent.

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#3 of 10

     Posted Nov-1 11:46 AM   
Athena
 
From  Athena  Posts 32  Last Nov-21
To  Tobster E [Wizoptress]      [Msg # 147669.3 Message 147669.3 replying to 147669.2 147669.2 ]    

"...Social Security should be in a lock box, and not spent."

That ship sailed a loooong time ago. If Social Security overages had actually been put into a "trust" fund, no one would be talking about the unsustainability of the system. Congress has no interest though, in depriving itself of revenue that is there for the taking.

Athena

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#4 of 10

     Posted Nov-1 12:28 PM   
letdownbys.s.
 
From  letdownbys.s.  Posts 5497  Last 6:30 AM
To  Tobster E [Wizoptress]      [Msg # 147669.4 Message 147669.4 replying to 147669.2 147669.2 ]    
I am sorry I didn’t see this earlier, but I agree totally with you, Social Security should be in a lock box, and not spent.<
> True, - but bush gave the 5 Trillion Dollars found in Soc. Sec. by the Clinton Administration - to the rich and none of it to the people getting Social Security... 
Letdown
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#5 of 10

     Posted Nov-1 10:45 PM   
Tobster E [Wizoptress]
 
From  Tobster E [Wizoptress]  Posts 5936  Last Nov-21
To  Athena      [Msg # 147669.5 Message 147669.5 replying to 147669.3 147669.3 ]    (Unread)

Congress is going to have to do something about this one. I do hope that the GOP stops pouting and starts getting to work. We really need everyone working together on this.

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#6 of 10

     Posted Nov-1 10:46 PM   
Tobster E [Wizoptress]
 
From  Tobster E [Wizoptress]  Posts 5936  Last Nov-21
To  letdownbys.s.      [Msg # 147669.6 Message 147669.6 replying to 147669.4 147669.4 ]    

Let’s make sure the GOP doesn’t get the power to do more damage.

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#7 of 10

     Posted Nov-2 10:45 AM   
letdownbys.s.
 
From  letdownbys.s.  Posts 5497  Last 6:30 AM
To  Tobster E [Wizoptress]      [Msg # 147669.7 Message 147669.7 replying to 147669.6 147669.6 ]    
They already have in many cases...
Letdown
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#8 of 10

     Posted Nov-2 6:45 PM   
Tobster E [Wizoptress]
 
From  Tobster E [Wizoptress]  Posts 5936  Last Nov-21
To  letdownbys.s.      [Msg # 147669.8 Message 147669.8 replying to 147669.7 147669.7 ]    

It is going to be interesting to watch what happens tomorrow, but I don’t think it is going to show any trends.

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#9 of 10

     Posted Nov-3 8:36 AM   
letdownbys.s.
 
From  letdownbys.s.  Posts 5497  Last 6:30 AM
To  Tobster E [Wizoptress]      [Msg # 147669.9 Message 147669.9 replying to 147669.8 147669.8 ]    
It is going to be interesting to watch what happens tomorrow, but I don’t think it is going to show any trends.<<
>> The only thing that I have left is hope!

See my post about Soc. Sec. and health care in Today's Topic...
Letdown
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#10 of 10

     Posted Nov-3 11:37 AM   
Tobster E [Wizoptress]
 
From  Tobster E [Wizoptress]  Posts 5936  Last Nov-21
To  letdownbys.s.      [Msg # 147669.10 Message 147669.10 replying to 147669.9 147669.9 ]    

Will do, thank you.

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Social Issues

Medicare for everyone who needs it

  
 
     
 
 

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