Thread Rating:
  • 1 Vote(s) - 1 Average
  • 1
  • 2
  • 3
  • 4
  • 5
"Super-Aged" population a challenge for Hawaii
#26
Gotta love the CATO cherry pickers, doing the work that people who know history and mathematics won’t do:

From the link above:
Over that time, the total taxes deducted from her salary amounted to a mere $24.75. Yet her first monthly check came in at $22.54, almost matching her entire contribution. Over the course of her lifetime, Fuller collected $22,888.92 in Social Security benefits.

No mention that original social security kicked in at 65 years old, when the average lifespan was 64?

Here in Puna, I bought my house when I was still working for 5 times less than it’s worth now.  Prices for most everything have gone up even more, very little if anything is less.  My neighbor on social security got a bid on a new roof, $100,000.  When he bought his home you could get an entire 3 bedroom house in Puna for that price. Social security ain’t paying for his roof.  Can you really compare what you paid in to soc sec to what you receive when cost of living increases are manipulated to pay as small an increase as possible? And you might even die early and get nothing.

When I moved to Puna I could buy 5 (or more on a good day) papayas at the market for $1.  A family member visiting recently bought one for $1 last week, but the vendor gave him a discount.

Next on the chopping block - - Head Start.  Puna has one of highest enrollments in Head Start and it helps keep as many kids in school here as possible.  If the proposed cuts pass congress we’ll have even more dropouts, kids less likely to find work, and pay FICA.  How does that improve the future of East Hawai’i?
Reply


Messages In This Thread
RE: "Super-Aged" population a challenge for Hawaii - by HereOnThePrimalEdge - 04-23-2025, 07:49 PM

Forum Jump:


Users browsing this thread: 2 Guest(s)