Biden Decriminalizes Cannabis

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ActionianJacksonian

Well-Known Member
cannabineer said:
By kicking out deserving Americans, no doubt.

Your opposition to disabled Americans getting Federal monies is immoral.

That is why libertarians join the toxic evangelicals in allied and aligned doctrines of hatred. They would rather people who reject their lies be punished for heresy.
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I'm not a libertarian and I don't oppose disabled getting SS. Galveston voted on it and they all got a better deal by cutting out the huge bureaucracy.

You basically assume anything you base an argument on seemingly. It's a good example of what's wrong with discourse in general as of late.
 
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ActionianJacksonian

Well-Known Member
PJ Diaz said:
That's only for County workers, and how is it better? Their alternative is basically a 401k plan. Why can't they have BOTH a retirement plan PLUS social security? That's what I have.
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Their contributions are lower and their benefit is higher. Don't you remember what SS was marketed as originally and why they are no longer allowed to call it a Trust Fund?
 
PJ Diaz

PJ Diaz

Well-Known Member
ActionianJacksonian said:
Their contributions are lower and their benefit is higher.
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That doesn't really address why they can't have BOTH. At my main job I get SS plus a state funded pension. For my side jobs I get SS plus the employer contributes 6% (on top of my wages - I contribute nothing) to a 401k plan. Also lack of SS contributions could really screw folks over who need the SS credit years to get the benefit from their previous employers.
 
cannabineer

cannabineer

Ursus marijanus
ActionianJacksonian said:
I'm not a libertarian and I don't oppose disabled getting SS. Galveston voted on it and they all got a better deal by cutting out the huge bureaucracy.

You basically assume anything you base an argument on seemingly. It's a good example of what's wrong with discourse in general as of late.
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When it quacks, walks and floats like a duck …

it ain’t a cormorant.
 
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ActionianJacksonian

Well-Known Member
PJ Diaz said:
That doesn't really address why they can't have BOTH. At my main job I get SS plus a state funded pension. For my side jobs I get SS plus the employer contributes 6% (on top of my wages - I contribute nothing) to a 401k plan. Also lack of SS contributions could really screw folks over who need the SS credit years to get the benefit from their previous employers.
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I'm speculating. Because they would have to contribute to both, so they chose the option that provides more for them for less from them.
 
PJ Diaz

PJ Diaz

Well-Known Member
ActionianJacksonian said:
I'm speculating. Because they would have to contribute to both, so they chose the option that provides more for them for less from them.
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So, picture this scenario.. A person graduated from college with an upper level degree at 25 years old. They immediately go into the private work sector and work for 9-years, contributing to SS all the while. Then at 34, they do and work for Galveston County for 30 years. Guess what? They won't be able to collect any SS benefits, even though they paid into it for for 9-years, because you need to contribute for 10-years to qualify for SS benefits. Assuming that they made $100k a year working in the private sector for those 9-years after college, that's over $40k that they put into the SS system that they will never get back. That seems like a problem to me.
 
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ActionianJacksonian

Well-Known Member
PJ Diaz said:
So, picture this scenario.. A person graduated from college with an upper level degree at 25 years old. They immediately go into the private work sector and work for 9-years, contributing to SS all the while. Then at 34, they do and work for Galveston County for 30 years. Guess what? They won't be able to collect any SS benefits, even though they paid into it for for 9-years, because you need to contribute for 10-years to qualify for SS benefits. Assuming that they made $100k a year working in the private sector for those 9-years after college, that's over $40k that they put into the SS system that they will never get back. That seems like a problem to me.
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They voted 4:1 for the alternative retirement and disability plan in 1981. Anyone taking a Galveston County job would be well aware of the personal choice they are making.

The ROI is 3x that of SS and includes life insurance and the accounts are owned by the employees and their families. The life insurance alone would surpass the $40k you mention.

The retirement income for employees with 20 to 40 years of service is calculated to be two to five times the retirement income of Social Security. Disability insurance pays 60% of salary up to $5,000 per month and life insurance is three times annual salary up to $50,000 per year, i.e., a total of $150,000.

They could have doubled the benefits if they opted for stock market-401k type stragety but they went with more stable, like survived the Great Depression stable, insurance (whole life I bet) strategy and still came out way ahead of SS.
 
PJ Diaz

PJ Diaz

Well-Known Member
ActionianJacksonian said:
They voted 4:1 for the alternative retirement and disability plan in 1981. Anyone taking a Galveston County job would be well aware of the personal choice they are making.

The ROI is 3x that of SS and includes life insurance and the accounts are owned by the employees and their families. The life insurance alone would surpass the $40k you mention.

The retirement income for employees with 20 to 40 years of service is calculated to be two to five times the retirement income of Social Security. Disability insurance pays 60% of salary up to $5,000 per month and life insurance is three times annual salary up to $50,000 per year, i.e., a total of $150,000.

They could have doubled the benefits if they opted for stock market-401k type stragety but they went with more stable, like survived the Great Depression stable, insurance (whole life I bet) strategy and still came out way ahead of SS.
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That does sound pretty good, but I still support SS. There are many people out there, primarily life-long home makers, who need the SS benefits in their sunset years. I don't believe in leaving old people out to rot on the streets.
 
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ActionianJacksonian

Well-Known Member
PJ Diaz said:
That does sound pretty good, but I still support SS. There are many people out there, primarily life-long home makers, who need the SS benefits in their sunset years. I don't believe in leaving old people out to rot on the streets.
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No that's pretty cruel. I haven't found anyone yet that would support pulling the rug out from under dependant People. It would have to be presented as an alternative and whatever would phase out on its own. Your support and endorsement of SS is what it's all about, that's how it's supposed to work. You support it. You throw your monetary support behind it. Where this seems to fail is if you don't, then the government throws your money behind it anyway. Not SS per say but in General, essentially picking and choosing what wins and loses regardless of what the Market chose.

Then throw in the media. Every time SS comes up as a hot topic,

It's unsustainable!
People need help!

Who covering that debate will mention Galveston and their very successful 40 year experiment on the topic? Which politician will reference it? None.
 
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