Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Social Security & Medicare

appalachiablue

(42,793 posts) Wed Apr 22, 2020, 10:54 PM Apr 2020

Social Security and Medicare Funds At Risk Even Before Coronavirus

https://democraticunderground.com/10142477166

(X-post from LBN).

4 replies

= new reply since forum marked as read

Highlight:

Social Security and Medicare Funds At Risk Even Before Coronavirus (Original Post) appalachiablue Apr 2020 OP

greenspan fucked that up too. pansypoo53219 Apr 2020 #1

in next 4 years we will double the national debt to over $40 trillion and there is no way beachbumbob Apr 2020 #2

The SSI people are probably breathing a sigh of relieve with all the geezers dying... mitch96 Apr 2020 #3

No problem... End the $125,000 limit on "contributions" to SSI.. mitch96 Apr 2020 #4

pansypoo53219

(21,661 posts)

1. greenspan fucked that up too.

Reply to appalachiablue (Original post)

Thu Apr 23, 2020, 04:42 AM

Apr 2020

beachbumbob

(9,263 posts)

2. in next 4 years we will double the national debt to over $40 trillion and there is no way

Reply to appalachiablue (Original post)

Thu Apr 23, 2020, 04:45 AM

Apr 2020

that debt load will NOT impact all levels of govt spending and programs. The worse case scenario AND VERY likely to happen will be the devaluation of the dollar which lessens the value of the debt and at the same time make current pensions and SS/Medicare programs worthless. This is how 3rd world countries get out of the heavy debt. So do not be surprise

mitch96

(14,583 posts)

3. The SSI people are probably breathing a sigh of relieve with all the geezers dying...

Reply to appalachiablue (Original post)

Thu Apr 23, 2020, 06:47 AM

Apr 2020

Less to dole out.. I know ... a sick thought.........
m

mitch96

(14,583 posts)

4. No problem... End the $125,000 limit on "contributions" to SSI..

Reply to appalachiablue (Original post)

Tue Apr 28, 2020, 07:52 AM

Apr 2020

Lets just say we limit it to uhhhh One Million dollars. You stop conributing after you have paid into SSi a Mil. I think that's fair since you 1% got a big ass tax break.. eh?
m

Reply to this discussion