New Bill to Solve Social Security Problems

Submitted by: Cajun247 6 years ago in Funny

Wait "til you hear what they call the new tax on sweaters, vegetables and flu shots.
There are 31 comments:
Male 621
They forgot senior citizen MMA. Pic has nothing to do with this.


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Male 718
This is so drating awesome LOL
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Male 4,860
I don`t know if I should laugh or cry. Why are people having a serious discussion in an Onion News video post? Maybe this site should be renamed to I-am-so-brainwashed-
by-political-pundits- that-I-can-no-longer- find-the-humor-in-anything.
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Male 914
DO A BARREL ROLL!

Almost missed it.
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Male 65
ooooor....we could just implement the fair tax...
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Male 25,417
Tax.... The easiest way to make money!
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Male 510
aw... i was hoping it`d be serious :(
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Male 10,855
My point was socio-enviromental factors ARE considered when calculating life expectancy. So a high murder rate can mean a lower life expectancy.
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Male 319
Is there a serious discussion happening in this thread? I heart IAB....
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Male 7,378
Mugabe has nothing to do with Social Security. WTF are you talking about?
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Male 10,855
@madest

Oh yeah tell that to the people who lived under Mugabe`s reign.
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Male 7,378
"Life Expectancy" doesn`t take into account accidental deaths or murder.
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Male 688
Just create a disease that attacks people with a calcium deficiency and their won`t be any need to pay it back.
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Male 10,855
Of course you could pass a law that prohibits such borrowing.

The other big problem with social security is that it`s not a solid promise like a treasury note. They can pay less back than what you put in nominal-wise. People also have different needs than others and it`s best that they choose how much out of their paycheck they wish to put in a retirement account (401(k) anyone?).
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Male 10,855
[quote]because Uncle Sam owes that 3.5 trillion back[/quote]

That`s the problem it`s made it easier to tax people, and easy to swindle an entire generation of people. If they keep up this trend social security will be unsustainable.
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Male 599
@techgeek07
Madest is correct it is sustainable. The fact that the US government was loaned by the Social Security Managing Board of Trustees 3.5 trillion since the Regan administration is proof. In fact if it were not for Social Security Trust Fund this country would not be able to cover it`s interest payments and default would have occurred long ago.

This country is actually close to 18 trillion in debt because Uncle Sam owes that 3.5 trillion back. As long as the managing trustees, who are appointed every 4 years by the president, continue to loan our trust fund to the likes of government bank, corporate, housing bailouts, military industries, subsidies, etc... you will always hear the call of the ignorant politician who will whine SS is making us broke. When in fact it does not. It`s those idiots who keep borrowing from the piggy bank, and not paying it back.
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Female 313
I drating love the Onion.
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Male 354
All for it. Who doesn`t wanna die a mother f***ing legend.
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Male 2,841
Is it really so hard to abolish social security altogether?
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Male 4,290
[quote]Yeah that`s how they con you by using the "life expectancy" line as if "expectancy" is the average age of death. It`s not. There`s millions of people who pay into the system and die before ever seeing a dime.[/quote]
But that IS what life expectancy is - the mean lifetime in the population. Obviously yes some people will fall short, but equally some people will live long past it too.
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Male 7,378
It is a sustainable model. The Social security act was signed in 1935. Even with politicians spending it, it`s solvent until 2029. You know how the government works, they`ll get busy fixing it in 2028.
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Male 768
Tsk tsk, the "Grab Life By The Balls" bill outlaws helmets and the "Pussy Tax" taxes them? Which is it? You can`t tax something that`s illegal.
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Male 2,593
There`s also a lot of people who`ve never paid into social security that get. Special needs, disabled, children of disabled. The whole thing is a mess. But, to put it so simplistically is just off the mark. I`m by no means a right winger, in fact, I`m a lot closer to hippy. The government has borrowed money from it. But, it wasn`t a sustainable model to begin with.
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Female 285
Hahahaha
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Male 469
no tech geek Congress was using social security to fund other things because there was a lot of money there and they figured they would be able to do that and still have enough for people needing social security but they were wrong.
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Male 7,378
Yeah that`s how they con you by using the "life expectancy" line as if "expectancy" is the average age of death. It`s not. There`s millions of people who pay into the system and die before ever seeing a dime. There`s employer FICA contributions as well. You need to look into social security before attempting to use right wing tag lines questioning it`s solvency.
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Male 2,593
Wow, Madest, that was the worst non-true explanation I`ve heard...The people paying into social security are always paying for the generation before them. We earn benefits based off of life expectancy. The problem is, there were too many baby boomers who were living too long and no one saw it coming back when the new deal was created.
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Male 7,378
Social Security is a self funding entity. Politicians spent it and now want to convince the mindless masses we can`t afford it.
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Male 2,593
ahh the onion
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Male 599
Parody. However it does just goes to show how the young are so naive on the Social Security program.
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Male 10,855
Link: New Bill to Solve Social Security Problems [Rate Link] - Wait `til you hear what they call the new tax on sweaters, vegetables and flu shots.
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