S/S increase Prediction

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  #16  
Old 05-12-2022, 10:15 AM
vintageogauge vintageogauge is offline
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Originally Posted by retiredguy123 View Post
I don't know what that means, but when you hire 10 people to do what 2 people can do, it's difficult to stay busy. I was criticized many times for being too fast and too efficient and making other employees look bad. Not exaggerating.
I had the same problem working in unions. I couldn't stand trying to make a 2 hour job last 8 hours so I would help people, I once picked up a broom that was on the floor and put it up agains a wall, had a grievance filed against me for that one, got tossed out on the 89th day of 90 day probations on both of them. Went to non-union and moved right up the ladder as they were getting their money's worth. I realize that unions do some good but not for me and both of those companies closed within a few years, the non-union one is still running strong today and it's still non-union.
  #17  
Old 05-12-2022, 11:43 AM
Stu from NYC Stu from NYC is offline
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I had the same problem working in unions. I couldn't stand trying to make a 2 hour job last 8 hours so I would help people, I once picked up a broom that was on the floor and put it up agains a wall, had a grievance filed against me for that one, got tossed out on the 89th day of 90 day probations on both of them. Went to non-union and moved right up the ladder as they were getting their money's worth. I realize that unions do some good but not for me and both of those companies closed within a few years, the non-union one is still running strong today and it's still non-union.
Back in the day unions were great for improving working conditions but unfortunately they could never get enough and caused a lot of good companies to go under.
  #18  
Old 05-12-2022, 12:50 PM
Love2Swim Love2Swim is offline
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So the thread has gone from bashing Social Security/ government spending to bashing unions. How typical.
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Old 05-12-2022, 01:09 PM
Rich Iwaszko Rich Iwaszko is offline
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Originally Posted by Stu from NYC View Post
And the fund runs out of money that much faster.
600,000 seniors died from covid, if they got on average 1,500$ a month then there is less liability on the system of 900 million per month, hopefully everyone will experience the increase and not be one of the contributors, stay safe
  #20  
Old 05-12-2022, 01:54 PM
biker1 biker1 is online now
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That only amounts to about 1% of the Social Security Budget.

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Originally Posted by Rich Iwaszko View Post
600,000 seniors died from covid, if they got on average 1,500$ a month then there is less liability on the system of 900 million per month, hopefully everyone will experience the increase and not be one of the contributors, stay safe
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Old 05-12-2022, 03:30 PM
Rich Iwaszko Rich Iwaszko is offline
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per month
  #22  
Old 05-12-2022, 03:36 PM
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Nucky Nucky is offline
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Originally Posted by retiredguy123 View Post
Ok, I plead guilty. But, my intention was to inform taxpayers how their tax money is being wasted.
I think you have been on TOTV'S long enough to exercise your opinion without being snuffed out by another.

As a matter of fact, I think it's against the rules of the Forum, No?
  #23  
Old 05-12-2022, 04:04 PM
biker1 biker1 is online now
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OK, we can do the math. $900M per month is $10.8B per year and SS spends $1T per year. As I said, it is 1%. Another way to look at it is that there are 65 million on SS. If 600,000 died from the pandemic then that is 1% of the people on SS. Same number. Yet another way to look at it is that 600,000 people died prematurely. If we assume that most would have died anyway from other causes (after all, COVID was picking on those with co-morbidities) over the next 10 years then SS benefits will be decreased by about 0.5% per year, on average, over the next 10 years (assuming a constant death rate) due to COVID.

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per month

Last edited by biker1; 05-12-2022 at 04:27 PM.
  #24  
Old 05-12-2022, 04:10 PM
Stu from NYC Stu from NYC is offline
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Originally Posted by Love2Swim View Post
So the thread has gone from bashing Social Security/ government spending to bashing unions. How typical.
I think it is called giving an opinion.
  #25  
Old 05-12-2022, 04:48 PM
davem4616 davem4616 is offline
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Originally Posted by Michael G. View Post
Social Security checks could jump 8.6%, expert predicts.


MSN
that would be nice...
  #26  
Old 05-12-2022, 05:16 PM
keepsake keepsake is offline
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8.6 on s/s -- then medicare will jump 20% -- we lose no matter what
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Old 05-12-2022, 06:04 PM
Keefelane66 Keefelane66 is offline
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Starbucks raised prices after reporting a 31% increase in profits.

Same with Tyson, who posted $1 billion in profits last quarter — a 48% increase from the first quarter of 2021.

Get the picture?
  #28  
Old 05-12-2022, 06:38 PM
Rich Iwaszko Rich Iwaszko is offline
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when has social security ever decreased?
  #29  
Old 05-12-2022, 06:45 PM
Stu from NYC Stu from NYC is offline
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Originally Posted by Rich Iwaszko View Post
when has social security ever decreased?
Probably never
  #30  
Old 05-12-2022, 06:50 PM
thevillages2013 thevillages2013 is offline
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Originally Posted by Stu from NYC View Post
And the fund runs out of money that much faster.
Yep, I have been predicting for the last 20 years that by the time I am eligible for retirement the date will be moved. I’m a month from 59 and I still say there is no way 62 will be the retirement age when it’s my turn
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