Socialism at Work

[Vern Humphrey]

I just got my annual letter from Social Security -- you know, the Old Age Insurance policy we were forced to pay into.

Next year I will be drawing $46.00 a month LESS than when I first applied, 17 years ago.

This is my punishment for working hard, scrimping and saving and managing my money.

[Sandpebble]

what a crock of chit ....

[lyman]

did they give you a reason?

[Vern Humphrey]

did they give you a reason?

According to my tax returns, I "make too much money."

Hey, when they were taking the money from me, did they complain about how much I paid in? Hell no!

[dogtag]

No good deed goes unpunished. My advice, quit work go on the dole.
There, problem solved.

[Sandpebble]

According to my tax returns, I "make too much money."

Hey, when they were taking the money from me, did they complain about how much I paid in? Hell no!

The limitations on income per Social Security have never been a secret ...ever. Socialism at work my a$$ .

The United States is the only country in the world where the rich whine more than the poor

[togor]

So he's complaining about not getting enough money from a government program he doesn't actually need, but will still pay him more than he put in, and which insulates one part of his revenue stream from any and all nasty turns of the market. Neither crash or bank failure will deter the SSA from sending him a check every month like clockwork, and yet he complains about the unfairness of it all. Socialism at work indeed.

[Roadkingtrax]

If privately invested, he could have realized a better ROI. That's the complaint.

Usually a stable fund will pay out less, but he's getting the security backed by the USG. He could have been a housewife, and gotten the same piece of mind.

[Major Tom]

And under Biden your checks will get smaller and smaller in order to provide more benefits to the welfare humanoids.

[Vern Humphrey]

And under Biden your checks will get smaller and smaller in order to provide more benefits to the welfare humanoids.

And the National Socialist Party says that's fair -- How DARE I make more than the average welfare leech!!

[togor]

And the National Socialist Party says that's fair -- How DARE I make more than the average welfare leech!!

Your mandatory minimum tax-deferred withdrawals are cutting into the size of your guaranteed minimum income government check. Lots of people would consider that a nice problem to have.

SP says it best: The United States is the only country in the world where the rich whine more than the poor

[lyman]

According to my tax returns, I "make too much money."

Hey, when they were taking the money from me, did they complain about how much I paid in? Hell no!

so that means that your retirement investments did very well over the past 4 yrs , like you mentioned?

[S.A. Boggs]

The limitations on income per Social Security have never been a secret ...ever. Socialism at work my a$$ .

The United States is the only country in the world where the rich whine more than the poor

Then quit!
Sam

[Vern Humphrey]

so that means that your retirement investments did very well over the past 4 yrs , like you mentioned?

They've been doing well for years, but over the last four years especially well -- despite the Corona Virus notch.

[lyman]

Then quit!
Sam

I caught that too,,,,

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They've been doing well for years, but over the last four years especially well -- despite the Corona Virus notch.

so, then your income rose from investments,, and enough to drop your SS benefits?