Comments on: Social Security won’t be there? Please. http://www.kingrat.us/2008/04/social-security-wont-be-there-please Private Life Wed, 01 Feb 2012 22:20:46 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Just-the-Facts http://www.kingrat.us/2008/04/social-security-wont-be-there-please#comment-68 Just-the-Facts Sun, 31 Aug 2008 18:19:54 +0000 http://unused.wordpress.com/?p=19#comment-68 Lastly, for any reader interested in how our national debt has historically moved up and down and the reasons why - I encourage you to google "IOUSA" to see many references, then either buy or attend a showing of the documentary. 2 more cents... Lastly, for any reader interested in how our national debt has historically moved up and down and the reasons why – I encourage you to google “IOUSA” to see many references, then either buy or attend a showing of the documentary.

2 more cents…

]]> By: Just-the-Facts http://www.kingrat.us/2008/04/social-security-wont-be-there-please#comment-67 Just-the-Facts Sun, 31 Aug 2008 18:16:07 +0000 http://unused.wordpress.com/?p=19#comment-67 Update to my previous post: it seems the URL I entered to leave a reply was not included in my posted message, so here is the link to the Financial Report: http://www.pgpf.org/resources.dyn/PGPFCitizensGuide.pdf Also, King Rat correctly noted "Poor people pay a higher percentage of income for F.I.C.A. than rich people do." For clarity, This is because the Social Security benefits that poor people will eventually collect will represent a higher percentage of their historical income earned. My 2 cents... Update to my previous post: it seems the URL I entered to leave a reply was not included in my posted message, so here is the link to the Financial Report:

http://www.pgpf.org/resources.dyn/PGPFCitizensGuide.pdf

Also, King Rat correctly noted “Poor people pay a higher percentage of income for F.I.C.A. than rich people do.” For clarity, This is because the Social Security benefits that poor people will eventually collect will represent a higher percentage of their historical income earned.

My 2 cents…

]]> By: Just-the-Facts http://www.kingrat.us/2008/04/social-security-wont-be-there-please#comment-65 Just-the-Facts Sun, 31 Aug 2008 18:05:59 +0000 http://unused.wordpress.com/?p=19#comment-65 It is prudent to weigh related facts when trying to dismiss an impending financial crisis with utopian perceptions of unfounded calculations... I encourage everyone to visit the link provided. It is a fact-based Financial report available from the Peter G. Peterson Foundation website at: http://www.pgpf.org/ It is prudent to weigh related facts when trying to dismiss an impending financial crisis with utopian perceptions of unfounded calculations…

I encourage everyone to visit the link provided. It is a fact-based Financial report available from the Peter G. Peterson Foundation website at:

http://www.pgpf.org/

]]> By: subalternate http://www.kingrat.us/2008/04/social-security-wont-be-there-please#comment-66 subalternate Fri, 18 Apr 2008 08:35:27 +0000 http://unused.wordpress.com/?p=19#comment-66 good post and even better explanation. good post and even better explanation.

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