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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: neolib who wrote (69615)5/3/2018 11:20:33 AM
From: epicure  Read Replies (1) | Respond to of 353731
 
LOL
Tell it like it is :-)



To: neolib who wrote (69615)5/3/2018 12:24:18 PM
From: TimF  Read Replies (2) | Respond to of 353731
 
The different treatment of money in different funds by me (I use fund X for A, fund Y for B), by government rules, by third parties etc. causes the different outcomes. Meerely moving it does not.

By analogy if I move water from one container to another I don't have more or less water because of the move. Maybe one container was sealed and another was open, and water slowly evaporates from the open container so I don't have as much, or maybe one container has chemicals that react with the water giving me some other substances rather than water as an end result, well then I've also changed the amount of water I have, but its not moving it from container to container that changes the end result its evaporation or chemical reactions.

Getting back to SS, you don't have a situation like the chemical filled container or the open vs closed container to a the same degree. But moving the money around does produce different results because SS law requires that payments be cut when the trust fund runs out if current SS tax revenue doesn't cover current payments for the year. That's not insignificant, its estimated to be a cut of a bit less than a quarter all at once.



To: neolib who wrote (69615)5/3/2018 12:27:10 PM
From: Lane3  Read Replies (2) | Respond to of 353731
 
Tim, you fucking idiot, you could have borrowed from other sources.

Er, that anecdote was an analogy.

This discussion continues to be interesting in that it seems to be more of a defense of competing narratives than a debate. 30-40 years ago I visited my folks in their retirement community and created a bit of a kerfuffle by correcting SS recipients who were insisting that their SS checks were a return on the money that they had put in and were horrified that I might think otherwise. The SS narrative has become more sophisticated than that but the underlying reaction seems to be still the same.

I don't have a dog in this fight since I do not have and never will have enough quarters to collect SS so I just watch.