• Recent election polls showing Sanders favored over Trump
    69 replies, posted
noone
[QUOTE=Antdawg;48361198]Financial instruments are more worthless than ever? Who said that? And of course money loses value, that's what inflation does. But financial instruments have higher returns than inflation, especially everything except term deposits (which still do). Also you could have a retirement account where none of your money is invested in a bank and indeed the managed fund isn't controlled by a bank, I don't know why people keep on bringing up banks. I also never said that retirement should be fully private, so I agree with you. Why did you bring that up? The 'contract of the generations' as in American social security is flawed. It's pretty much a Ponzi scheme, suffering from the same sustainability problem. Also the ratios I said were 5 to 1 and 2 to 1, not 1 to 1.[/QUOTE] You call social security a scheme but don't call nearly unregulated investment schemes that literally crashed our economy? Downturn? The banks didn't cause a down turn. They caused a crash. Through investments that were fucking schemes. Don't pretend you're doing anything but trading government for corporations and acting like you somehow have it better in a for profit world in all ways.
Who said retirement plans had to be or nearly be unregulated?
[QUOTE=Antdawg;48361733]Who said retirement plans had to be or nearly be unregulated?[/QUOTE] You're saying this should be done in the States, i'm just telling you that how you think things should happen would end up with purely predatory practices in the US and would not be good
This poll in the OP is actually not really great news for Sanders. Yeah [url=http://www.quinnipiac.edu/images/polling/us/us07302015_U645de.pdf]it shows[/url] that he'd beat Trump, but [I]only[/I] Trump, with Jeb Bush and Scott Walker both beating him by 5 points (page 9). Hillary Clinton on the other hand is within one point of both Bush and Walker, and beats Trump by an even greater margin (pages 7 and 8). But polls like this have a bunch of issues anyway so I wouldn't worry too much about any of it really :v:
[QUOTE=smurfy;48368127]This poll in the OP is actually not really great news for Sanders. Yeah [url=http://www.quinnipiac.edu/images/polling/us/us07302015_U645de.pdf]it shows[/url] that he'd beat Trump, but [I]only[/I] Trump, with Jeb Bush and Scott Walker both beating him by 5 points (page 9). Hillary Clinton on the other hand is within one point of both Bush and Walker, and beats Trump by an even greater margin (pages 7 and 8). But polls like this have a bunch of issues anyway so I wouldn't worry too much about any of it really :v:[/QUOTE] With how rapidly Bernie's approval is skyrocketing I'm really interested to see how his approval ratings are closer to election time. [editline]Edited: [/editline] I think his best bet, and what he may be doing whether he realizes it or not, is getting all of the non-voters to vote. There's a significant portion of the U.S. that doesn't vote and that could easily sway the polls
[QUOTE=WitheredGryphon;48369011] I think his best bet, and what he may be doing whether he realizes it or not, is getting all of the non-voters to vote. There's a significant portion of the U.S. that doesn't vote and that could easily sway the polls[/QUOTE] Pretty much this. If anyone this election is going to encourage young people to vote, it's Bernie. I got off my ass and registered just to vote for him, and there's no way I'm the only one.
[QUOTE=Antdawg;48360618]So what's going to happen after 20 years then? Bernie says that problems like these can be solved by simply throwing more taxes on the rich, completely forgetting that social security is facing insolvency because of how it is designed. When it was established, five workers would support each retiree, [/QUOTE] So here's the thing, a guy making 10-20M$ still pays 100,000$ as there is a maximum cap on income, which Sanders says we should remove. Basically the rich aren't paying enough at all, why should a CEO pay into the fund the same amount that a middle manager does
[QUOTE=Sableye;48378080]So here's the thing, a guy making 10-20M$ still pays 100,000$ as there is a maximum cap on income, which Sanders says we should remove. Basically the rich aren't paying enough at all, why should a CEO pay into the fund the same amount that a middle manager does[/QUOTE] I assume you're talking about the Social Security payroll tax? Well to be honest I think that payroll tax should just go and have Social Security funded from its existing treasury balance and general revenue, with the shortfall in revenue made up by scaling back EITC and changing the income tax brackets. On the employee side it represents a significant portion of tax liability, while on the employer side it punishes employers for hiring workers. And in general it complicates the tax system. A CEO would pay the same amount into the fund as the middle manager because each would receive the same retirement benefit. However I still think the FICA taxes should just go and have social security be means tested, with government further encouraging employees to enter defined contribution retirement plans to save for their retirement. Very similar to what we have here. So eg if you didn't save enough for your retirement, social security would kick in to help.
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