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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (506602)	8/20/2009 3:28:33 PM
From: bentway	Respond to of 1577886

"Here's one. How much is Social Security costing us?" What it's "costing us" is the cost of the program, which is super efficient. All the money goes to Americans that need it, and have earned it, by paying for THEIR parents. Suck it up, Ten. TRY to be a good American, or just move to Korea.

To: Tenchusatsu who wrote (506602)	8/20/2009 3:49:45 PM
From: SilentZ	Read Replies (2) \| Respond to of 1577886

>The answer should be straightforward. Just add up all of the benefit checks being sent out. But if you also want to add up the unfunded future liabilities of SS, you'll end up with a number that far exceeds the "$3 trillion" exaggerated figure for the Iraq war. But there will also be taxes coming in to pay for much of SS. If we need to tax a bit more somehow to pay for any deficit (which isn't even totally clear), then we do that. There were no special taxes to pay for Iraq. -Z

To: Tenchusatsu who wrote (506602)	8/20/2009 5:58:54 PM
From: Alighieri	Read Replies (3) \| Respond to of 1577886

Here's one. How much is Social Security costing us? I don't know what that means...what do you mean by how much it's costing us? Measured in what? Admin cost? ?? But if you also want to add up the unfunded future liabilities of SS, you'll end up with a number that far exceeds the "$3 trillion" exaggerated figure for the Iraq war. You want to compare the beneficial effects of a program like SS to a war that didn't have to happen? Are you kidding? SS is a GREAT success...in surplus now, and with a small increase in payroll tax or an extension of the payroll limit it's fine for the calculable future...I thought you'd come back with medicare...so I'll beat you to it, eh? IF you are considering that a failure you'll have to also explain how you would care for the elderly. Al