some old guy keeps stealing from me...

[MichaeltheGreat]

Actually, the old guy has been paying this tax himself, without choice, for forty or fifty years.

He didn't set it up, he didn't make the rules, he had no practical choice as to paying, and now, he finally has the chance to get some of his money back.

Don't blame the old folks who've been hostage to the system all their working lives, blame the *******s in Congress and in the White House.

[Space05us]

I know what it costs. I have raised a child. You?

What we are talking about is your thesis about the desire of the young generation to bail out of the generation deal. It reads "I pay for your growth and education, if you pay for my retirement." So what's your answer, if I say "You refuse to pay for my retirement? Why the heck should I pay for your living, and not go out more often instead? What else are you good for?" The government does only collect the money and makes sure, that everybody gets his share.

no I havent raised a child yet, I still am one

I understand the "I pay for your growth and education, if you pay for my retirement." And when my mother gets to the age where she can no longer support herself or she just decides to retire I'll be there to support her. The thing I dont like is that along with supporting her I have to support the old lady down in Utah, a complete stranger who would probably hate my family because we're not religious enough.

Don't blame the old folks who've been hostage to the system all their working lives, blame the *******s in Congress and in the White House.

Im not blaming the old folks, Im just complaining about it and arguing how stupid it is.

[FrustratedPoet]

Originally posted by Space05us
no I havent raised a child yet, I still am one

Clearly.

[PLATO]

Originally posted by MichaeltheGreat
Actually, the old guy has been paying this tax himself, without choice, for forty or fifty years.

He didn't set it up, he didn't make the rules, he had no practical choice as to paying, and now, he finally has the chance to get some of his money back.

Don't blame the old folks who've been hostage to the system all their working lives, blame the *******s in Congress and in the White House.

If the "Trust Fund" had been managed properly and not used for current expenditure, then the system would be more than solvent. A clear example of the government abusing the trust placed in it (even if we had no choice to place the trust in them).

Just 25 more years for me! Maybe something will be left by then.

[Space05us]

Originally posted by FrustratedPoet


Clearly.

looks like Im not the only child here.

If the "Trust Fund" had been managed properly and not used for current expenditure, then the system would be more than solvent. A clear example of the government abusing the trust placed in it (even if we had no choice to place the trust in them).

Just 25 more years for me! Maybe something will be left by then.

what did they use it on? I was under the impression that there were just too many old people.

[DAVOUT]

Originally posted by Sikander

The truth is that medical care for children yields vastly more dividends than medical care for the elderly ever will. In the first case proper medical care may protect a child from having developmental problems, and thus ensure that the child will be productive for their whole adult life. Medical care for retirees is much more likely to be expensive, and rarely produces anything tangible for society except in the negative sense of prolonging the drain on both the pension system and the medical system. The bottom line is that we all have to die sometime. Trying to prevent this is like trying to approach the speed of light. You may be able to put death off a bit longer, but the costs rise exponentially the closer you come to the end of life. If you want to spend your own money on this, fine. But don't ask everyone else to pay for you.

On this line of thinking, they are possibly right to increase dramatically the price of cigarettes, as they do here, in order to deter the active people to waste their lungs, but THEY DETER AS WELL THE RETIREES. Instead, the retirees should be given free cigarettes, and alcools.

[Sava]

Medical care for retirees is much more likely to be expensive, and rarely produces anything tangible for society...

OMFG... I can't believe this was said. Sure, it doesn't produce anything... it just allows PEOPLE TO LIVE!

[MichaeltheGreat]

Originally posted by Space05us
what did they use it on? I was under the impression that there were just too many old people.

It goes into the general fund of the US treasury, where it joins the pool of other general fund taxes that support the US budget.

[Space05us]

so they just say they divide it all up but they really just pool it. why do they bother telling us what were getting taxed for if it doesnt even mean anything?

stupid government, Im fed up with it. Im going to become president and the USA will turn a profit!

[Sava]

the USA will turn a profit!

just vote Democrat...

[MichaeltheGreat]

Unless government gets into the business of producing things, by definition it can't run a profit.

[Sava]

but rather surplus in revenue.

[Space05us]

Unless government gets into the business of producing things, by definition it can't run a profit.

but rather surplus in revenue.

and I will refer to it as profit just so you'll know when I am the president

[DinoDoc]

Originally posted by MichaeltheGreat
Unless government gets into the business of producing things, by definition it can't run a profit.

They make a damn good video game.

[MichaeltheGreat]

Originally posted by Sava
but rather surplus in revenue.

Meaning you steal more than you give back