38

Great job there Americans and a special shout out to White gen-X'ers for cutting your own soon to be retirement.

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[-] inclementimmigrant@lemmy.world 10 points 2 weeks ago* (last edited 2 weeks ago)

There should be no tough choices here, it should only be about removing that stupid cap.

Notwithstanding but it's really damn stupid that my middle class ass stops paying into social security before the end of the year while the working class subsidizes me.

[-] FlowVoid@lemmy.world 1 points 2 weeks ago

Keep in mind that Social Security retirement benefits depend on your contributions. So by capping the amount you contribute, Social Security also caps the amount you will receive.

[-] zod000@lemmy.ml 1 points 2 weeks ago

I had no idea there was even a cap, that's ridiculous. I don't know a single middle class person IRL that earns enough individually to hit that cap though, so it is probably a bit regional since that cap feels like it would be awfully low in SV or a high COL city.

[-] Bronzebeard@lemm.ee 0 points 2 weeks ago

While I agree the cap needs to be removed. The cap is only stopping you from subsidizing more of the working class. They are not subsidizing you. The payout is also capped. You're effectively paying a portion of your contribution to boost the payout of multiple other people who contributed less during their careers

[-] inclementimmigrant@lemmy.world 2 points 2 weeks ago* (last edited 2 weeks ago)

The way I see it, sure it's capped, but I work a pretty good, white collar job, I'm going to statistically live longer than my blue collar peers drawing more over time and end of the day. I'm going to get a whole lot more out than the average blue collar worker and end result is that the working class is going and are subsidizing those rich people who are living longer putting that drain on resources.

That's just the way i see it.

[-] lost_faith@lemmy.ca 8 points 2 weeks ago

“We’re going to have to have some hard decisions.

Really? For a Repub these are easy choices, boot straps plebs, boot straps

[-] pivot_root@lemmy.world 5 points 2 weeks ago

“We’re going to have to have some hard decisions. We got to bring the Democrats in to talk about Social Security, Medicaid, Medicare. There’s hundreds of billions of dollars to be saved, and we know how to do it, we just have to have the stomach to actually take those challenges on,”

Or, hear me out... stop letting private healthcare and the pharmaceutical industry charge insane prices?

[-] masterofn001@lemmy.ca 4 points 2 weeks ago* (last edited 2 weeks ago)

Billions of DOLLARS to be saved, millions of LIVES to be sacrificed.

Mammon is hungry

[-] Coreidan@lemmy.world 2 points 2 weeks ago

What about the poor shareholders? Are you not thinking of them? Or how about the executives and their yachts? How are they going to afford all their hookers and blow?

[-] microphone900@lemmy.ml 3 points 2 weeks ago

Trump supporters in a couple of years: “He’s not hurting the people he needs to be”

They'll say it not knowing, or believing, conservatives are hurting the people they see the need to hurt which are 90-something percent of people in this country.

Article about that time they said exactly this

[-] FlowVoid@lemmy.world 2 points 2 weeks ago

Only if Republicans convince 7 Democratic Senators to help them reach the 60 needed to gut Social Security.

Which won't happen.

[-] HobbitFoot@thelemmy.club 2 points 2 weeks ago

Not exactly. If they craft it as a budget bill, all they need is 50.

[-] FlowVoid@lemmy.world 4 points 2 weeks ago

You are referring to "reconciliation", which cannot be filibustered.

Reconciliation can be used for the regular budget, but changes to Social Security are explicitly prohibited.

Oh good, there's a rule in place to stop republicans. I can now rest easy.

[-] FlowVoid@lemmy.world 3 points 2 weeks ago* (last edited 2 weeks ago)

The only way to gut Social Security unilaterally would be to nuke the filibuster, and Thune said he won't do that.

Probably because he knows that if he did, then the next time Democrats hold a trifecta they will use it to enact a far more progressive version of Social Security. And unilaterally gutting Social Security would very likely give Democrats that trifecta in 2028.

this post was submitted on 04 Dec 2024
38 points (100.0% liked)

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