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if you want to pull numbers out of thin air and pretend they are somehow more real than the actual social security program then go right ahead. but your mythical minimum wage earner who can afford to invest $48/month and retire a millionaire -- whether they pay into SS or not -- is no more realistic an investment option than that same person spending $5/month on the lottery. and they will get an even bigger payout than your $1.2 million pretend exercise when/if they finally win. you have still proven nothing but i am not going to get into a circular argument with someone who can't produce anything more solid than "it works because i say so"
if you want to pull numbers out of thin air and pretend they are somehow more real than the actual social security program then go right ahead. but your mythical minimum wage earner who can afford to invest $48/month and retire a millionaire -- whether they pay into SS or not -- is no more realistic an investment option than that same person spending $5/month on the lottery. and they will get an even bigger payout than your $1.2 million pretend exercise when/if they finally win. you have still proven nothing but i am not going to get into a circular argument with someone who can't produce anything more solid than "it works because i say so"
It works because the math says so, not me; though in reality economics (supply and demand)says that it wouldn't work for everyone. If everyone has a million dollars, then it would have the buying power of a hundred. Truth is, we need poor people.
Can You Name the Largest US Program to ANNUALLY Collect More Than It Spent for 75 Straight Years?
- 28/02/2013 11:03:18 PM
1257 Views
Medicare? *NM*
- 28/02/2013 11:38:22 PM
483 Views
No, Medicare has only been around about half as long.
- 28/02/2013 11:56:32 PM
765 Views
Medicare has its own problems, and caused many more. You really do not want to have this debate.
- 03/03/2013 03:03:15 PM
689 Views
No, I do not, because Medicare and torts are invariably scapegoated for all problems with healthcare
- 04/03/2013 12:52:37 AM
751 Views
I can argue with anyone on this (and have) btut first we need to break out that dictionary
- 04/03/2013 04:45:06 AM
671 Views
I am sure you can and have; ability to form arguments does not automatically grant them validity.
- 11/03/2013 09:56:11 PM
736 Views
Like I said, short conversation, once everyone uses the same definitions.
- 13/03/2013 03:28:52 PM
736 Views
From the way you're shitting yourself with glee, I'm going to say Social Security.
- 01/03/2013 12:45:50 AM
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Also unlike Ponzis, Social Security was not meant to profit—it just did anyway. For 75 years.
- 01/03/2013 01:55:46 AM
708 Views
It is a "Ponzi" by definition, any argument to the contrary just makes you look ignorant.
- 02/03/2013 12:02:46 PM
774 Views
Wait: An insurer is saying insurance is a Ponzi scheme? 
- 04/03/2013 12:56:30 AM
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- 04/03/2013 12:56:30 AM
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You are making even lese sense than usual... Quite an acomplishment. *NM*
- 04/03/2013 03:31:39 AM
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Maybe, but my math usually checks, and I never have to explain what I omitted.
- 11/03/2013 09:55:50 PM
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My math ALWAYS "checks" - it isn't personal, you are just making absolutely no sense, *NM*
- 13/03/2013 03:27:11 PM
409 Views
It's the world's greatest Ponzi scheme, since the government forces us to give money to it.
- 01/03/2013 01:05:05 PM
694 Views
Yes, "government forcing people to give money" defines a Ponzi; speeding tickets are Ponzis. 
- 01/03/2013 03:53:02 PM
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- 01/03/2013 03:53:02 PM
812 Views
Good lord my friend.....
- 02/03/2013 04:19:35 AM
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I will just link what Isaac said; maybe then you will pay attention to it.
- 02/03/2013 04:56:34 AM
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I really think you terribly misread what I said *NM*
- 02/03/2013 06:59:56 AM
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I really do not think I did.
- 04/03/2013 01:43:02 AM
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I'm pretty confident you have
- 04/03/2013 11:49:19 AM
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We evidently disagree on what constitutes a Ponzi scheme.
- 11/03/2013 09:56:27 PM
728 Views
No, I agree with a clear definiton, you seem not to want to absorb that
- 11/03/2013 10:24:47 PM
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Re: Yes, "government forcing people to give money" defines a Ponzi; speeding tickets are Ponzis.
- 02/03/2013 12:22:34 PM
793 Views
- 02/03/2013 12:22:34 PM
793 Views
Fraud="money contributed is NOT invested for the contributor, but instead redistributed to others"?
- 04/03/2013 12:51:30 AM
718 Views
You can try and misrepresent what I have said all you want, you are still wrong.
- 04/03/2013 03:45:24 AM
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Dude, how is QUOTING you misrepresenting you?! And why must I ALWAYS ask that in these threads?
- 11/03/2013 09:56:18 PM
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- 11/03/2013 09:56:18 PM
772 Views
Okay, that's a really weird or naive standard to judge SS by
- 01/03/2013 05:25:11 PM
745 Views
Great; will you put that on a postcard to Cannoli, A2K, Rick Perry and the rest of your party? 
- 01/03/2013 07:39:44 PM
764 Views
- 01/03/2013 07:39:44 PM
764 Views
I don't think I'd be telling them anything they don't already know... I mostly agree with them
- 02/03/2013 05:38:56 AM
885 Views
Means testing is flat out WRONG, and the contribution limit is a sticky debate
- 02/03/2013 12:43:09 PM
688 Views
Tell that to him not me, I didn't express an opinion and my implied one obviously doesn't favor it
- 02/03/2013 05:28:14 PM
826 Views
I was, I just hit the repy under the wrong post. He was the first to bering the two topics up. *NM*
- 03/03/2013 04:09:34 AM
407 Views
It is insurance against old age poverty, not a longevity lottery.
- 04/03/2013 02:00:24 AM
805 Views
It is not insurance, it is a pension plan, that also contains an overpriced LT disability insurance.
- 04/03/2013 04:00:42 AM
791 Views
Social Security Insurance; says so right on the label.
- 11/03/2013 09:53:33 PM
937 Views
You can call it BedroomWindowVitamins but it does not change what it acutally IS.
- 13/03/2013 04:34:42 PM
719 Views
"Sustainable"=/="profitable;" bankruptcy was not always a given, as your fellows claim..
- 04/03/2013 01:35:04 AM
698 Views
Sustainable often means profitable, they are not universally synonmous but both at once is ideal
- 04/03/2013 12:25:45 PM
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That is the IDEAL, but NOT point: Sustainability needs no profit, yet profit ensures sustainability.
- 11/03/2013 09:56:48 PM
1146 Views
Your attacks on republican ideals would have more credit if you understood them
- 02/03/2013 04:27:34 AM
755 Views
An ironic charge, since their defenses of those ideals typically suffer from the same defect.
- 02/03/2013 04:51:32 AM
729 Views
- 02/03/2013 04:51:32 AM
729 Views
I'm rubber you're glue, whatever you say bounces of me and sticks to you. nyah, nyah, nyah
- 02/03/2013 12:58:10 PM
679 Views
"Unsustainable"=/="meeting monthly obligations for 75 YEARS and still having $2.5 trillion left."
- 04/03/2013 01:03:09 AM
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Please look up the definition of sustainable. Hint: "its worked so far" isn't it.
- 04/03/2013 04:25:19 AM
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"As it is currently constructed/funded" is one HELL of a qualifier.
- 04/03/2013 04:41:30 AM
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You just don't get it, or apparently are so in love with your political ideology you won't.
- 04/03/2013 04:58:15 AM
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I believe if you check civilizations record you will find the human population has steadily risen.
- 04/03/2013 05:08:38 AM
733 Views
*sigh*
- 04/03/2013 12:15:22 PM
690 Views
Birth RATES have fallen; POPULATION steadily rose in every period except the Black Deaths peak.
- 11/03/2013 09:56:36 PM
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Ironic that you would make my point while arguing against
- 04/03/2013 06:12:29 PM
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?
- 11/03/2013 09:56:59 PM
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you mistate his posistion and then rationalize that you know what he really meant
- 13/03/2013 12:06:44 PM
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aH yes the great liberal investmetn/retirement plan that offers me a NEGATIGVE rate of return...
- 02/03/2013 11:51:50 AM
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Do you sincerely believe people earning $14,560/year can afford investing 4% of it?
- 04/03/2013 12:53:30 AM
832 Views
*sigh*
- 04/03/2013 03:43:08 AM
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I tried it with compound interest; $44.80/month at 4% for 50 years still does not get to $1.25 mill.
- 04/03/2013 04:24:51 AM
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Here are some clues.
- 04/03/2013 04:37:39 AM
608 Views
It is math, not the Riddle of the Sphinx: EIther it adds up or does not.
- 04/03/2013 05:02:39 AM
758 Views
Math is simple - Either you know how to calculate it or you don't
- 04/03/2013 11:55:24 AM
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SS is supposed to supplement a proper pension, not provide your sole income after retirement
- 05/03/2013 03:53:03 AM
624 Views
Did you bother to actually read anything?
- 05/03/2013 02:32:16 PM
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do *YOU* know what "living in poverty" means?
- 05/03/2013 05:49:14 PM
763 Views
Re: do *YOU* know what "living in poverty" means? --- yeah, I've BEEN there.
- 05/03/2013 08:01:33 PM
731 Views
how about respond to a post with logic and civility instead of being a troll for once?
- 05/03/2013 11:03:00 PM
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All I have used is civility and logic, or least as much civility as was warrented.
- 06/03/2013 04:28:04 AM
760 Views
yeah, it's my fault for stooping to your level....
- 08/03/2013 07:22:24 PM
813 Views
Re: yeah, it's my fault for stooping to your level....
- 10/03/2013 01:42:26 PM
681 Views
i'm not going to keep going in circles so i will finish with this....
- 11/03/2013 10:08:53 PM
1034 Views
No loss.
- 13/03/2013 04:37:41 PM
620 Views
"Rah! Rah! Rah!" Can we please cut out all this blather and bile?
- 05/03/2013 11:53:41 PM
696 Views