nope... I don't favor privatization (Reply #20)

In the discussion thread: Ultra Low Interest Rates A Threat To Social Security [View all]

Mon Mar 28, 2016, 12:59 PM

eniwetok (1,629 posts)

20. nope... I don't favor privatization

I'm just tired of being taxed for SS and seeing it get sh*t for interest... at one point a rate below inflation. These low rates threaten the longevity of the fund. I'm simply saying there should be a floor beneath which interest rates can not sink.

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57 replies	Author	Time	Post
Ultra Low Interest Rates A Threat To Social Security [View all]	eniwetok	Mar 2016	OP
A start	TrueDemVA	Mar 2016	#1
they will pay it back	eniwetok	Mar 2016	#4
So double taxation for the same benefits.	OnlinePoker	Mar 2016	#6
some canadian money is invested OUTSIDE the country	eniwetok	Mar 2016	#11
regressive vs progressive	eniwetok	Mar 2016	#54
It's not just taxation to pay back the interest	OnlinePoker	Mar 2016	#57
That's still a dumb idea	Recursion	Mar 2016	#38
LBJ and the "unified budget" NT	1939	Mar 2016	#48
It isn't raising alarm bells because the trust fund is supposed to be spent.	jeff47	Mar 2016	#2
no guarantee the GOP will implode	eniwetok	Mar 2016	#12
There's no guarantee the sun will rise tomorrow	Major Nikon	Mar 2016	#14
it's untenable if the only new revenue is from	eniwetok	Mar 2016	#23
I'm speaking about the GOP, and not SS	Major Nikon	Mar 2016	#25
There's only so long the Democratic party can keep the Republican party alive.	jeff47	Mar 2016	#17
where did you get 30 years from?	eniwetok	Mar 2016	#24
The 2034 claim started in about 2004.	jeff47	Mar 2016	#30
I don't know where you got those numbers	eniwetok	Mar 2016	#40
From previous reports. Just because they're not online does not mean they do not exist.	jeff47	Mar 2016	#41
Applause	Recursion	Mar 2016	#39
Is that you Pete Peterson?	Fuddnik	Mar 2016	#3
hardly	eniwetok	Mar 2016	#8
There it is!	-none	Mar 2016	#35
The rate that the government lends to itself is inherently trivial	Taitertots	Mar 2016	#5
2.8 trillion is trivial?	eniwetok	Mar 2016	#9
You're missing the point	FBaggins	Mar 2016	#15
of course...	eniwetok	Mar 2016	#37
"Lent and spent". It's gone. Every penny comes from increased taxes	Taitertots	Mar 2016	#50
shifting the tax burden...	eniwetok	Mar 2016	#52
The obligations are independent of the income stream.	Taitertots	Mar 2016	#53
see post above	eniwetok	Mar 2016	#55
of course interest payments come from the same source... somewhat.	eniwetok	Mar 2016	#56
Sorry... untrue	FBaggins	Mar 2016	#7
what's "untrue"?	eniwetok	Mar 2016	#10
The entire premise of the article.	FBaggins	Mar 2016	#13
sorry... you're incorrect	eniwetok	Mar 2016	#19
Apologies... but you still don't get it.	FBaggins	Mar 2016	#34
missing the math?	eniwetok	Mar 2016	#42
interest rates are set by Congress	eniwetok	Mar 2016	#22
Well, yeah Congress can always amend the SS Act. But until they do that, it's pretty much a market	Hoyt	Mar 2016	#28
comparable interest paid	eniwetok	Mar 2016	#43
Nope. They're tied to market rates	FBaggins	Mar 2016	#33
so you want to cut benefits?	eniwetok	Mar 2016	#21
Lol... nope	FBaggins	Mar 2016	#32
when you	eniwetok	Mar 2016	#44
Ultra low interest rates are not healthy for the economy in general...	Wounded Bear	Mar 2016	#16
nope... I don't favor privatization	eniwetok	Mar 2016	#20
In general, I agree....	Wounded Bear	Mar 2016	#27
I think they have driven rates down in the hopes of spurring job creating business.	Hoyt	Mar 2016	#29
Low interest rates also reduce unemployment and generally boost the economy.	jeff47	Mar 2016	#31
low interest rates	eniwetok	Mar 2016	#45
And it hasn't worked well because of other issues that only Congress, not the Fed, can address.	strategery blunder	Mar 2016	#47
And NO privatization	Omaha Steve	Mar 2016	#18
Raise the cap. nt	WhiteTara	Mar 2016	#26
or stop exempting capital gains	eniwetok	Mar 2016	#36
and, not or...	Wounded Bear	Mar 2016	#46
Ultra low interest rates...	sendero	Mar 2016	#49
Agreed. Allowing giant banks to borrow money for free from the taxpayers without no requirement	GoneFishin	Mar 2016	#51

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