[Peace-discuss] Re: [sf-core] FW: Where do I sign up?

Tue Apr 14 11:17:04 CDT 2009

David,

Although the idea addressed  only employed  persons and did not cover those
who might be unemployed, it is erroneous to assume that everyone who reaches
the age of 62 or even 65 is eligible for SS or Medicare or, even if they
should be eligible, they would receive anywhere near enough to be able to
survive.  There are many - like myself- who are short the required 40
credits needed to be eligible.  Moreover, there are many whose working
incomes were not significantly high enough to get anything more than the
minimum amount of social security, which in most cases barely covers the
cost of a weeks food for a single person.

The problem with your scenario is that once the individual has accepted the
severance money, they  would be unemployed; and unless they went out and got
a new job replacing the one they just left, they would not be earning any
credits toward SS nor would they be building up their SS deposit so as to be
able to get the maximum SS benefit when they reach the retirement age, which
I believe is now higher than 65 with 62 being early retirement at reduced
benefits.  This would mean that the stimulus money would not result in
creating additional employment by removing older workers from the workforce
and opening jobs for younger workers  since the older workers would need to
find jobs to earn SS credits and build up their SS deposits to get better SS
benefits and therefore would not be leaving the work force.  Unemployment
would still remain high.  If indeed they did actually leave the work force,
then they might not be able to get SS when they reach retirement age  so the
stimulus money would have to stretch to cover the retirement years after 62,
65, or whatever and that might be another 20 or 30 years.  Itf SS is changed
to enable them to be eligible for even minimum benefits, it would break the
SS system faster than it is now predicted to collapse.

From: peace-discuss-bounces at lists.chambana.net
[mailto:peace-discuss-bounces at lists.chambana.net] On Behalf Of unionyes
Sent: Tuesday, April 14, 2009 7:02 AM
To: Peace-discuss List; Jenifer Cartwright
Subject: Re: [Peace-discuss] Re: [sf-core] FW: Where do I sign up?

Social Security would kick-in at age 62, so it would be 12 years not 40
years.

The essence of the idea is a clever one, but would need to be refined a bit,
however it is a much better idea than what the corporate controlled
government has done so far with our tax money.

David J.

----- Original Message ----- 

From: Jenifer Cartwright <mailto:jencart13 at yahoo.com>  

To: sf-core at yahoogroups.com ; Mike <mailto:rebelmike at earthlink.net>  Lehman 

Cc: peace-discuss at lists.chambana.net 

Sent: Tuesday, April 14, 2009 1:34 AM

Subject: Re: [Peace-discuss] Re: [sf-core] FW: Where do I sign up?

Yeah, but if some of those folks live 40 more years, that's only $25K per
year... and that would also hafta cover inflation and dependents... plus
that's w/o buying the house and car(actually, for 40 years, that'd be 4-5
cars). 

Clever idea, tho'.

 --Jenifer

--- On Sun, 4/12/09, Mike Lehman <rebelmike at earthlink.net> wrote:

From: Mike Lehman <rebelmike at earthlink.net>
Subject: [Peace-discuss] Re: [sf-core] FW: Where do I sign up?
To: sf-core at yahoogroups.com
Cc: peace-discuss at lists.chambana.net
Date: Sunday, April 12, 2009, 9:19 PM

If they throw in healthcare, I'm there.

I don't really see it as all that humorous, as it's so plainly
sensible...unlike giving more money to the corporados, I think we can assume
that the average U.S. citizen would make the right decisions what to do with
it that will be good for the economy -- and not come back in a couple of
months to ask for another million.
Mike Lehman

LAURIE SOLOMON wrote:
> 
> 
> Although it obviously is an attempt at humor, it is an interesting
speculative proposition in its own right.
>                                                     *Where do I sign up?
> *
>  
>  
> 
> 
>        Patriotic  Retirement - This Would Work:
> 
>    *This  was an article from the St. Petersburg Times Newspaper on
Sunday. The Business Section asked readers for ideas on "How Would You Fix
the Economy?"
> * *I  thought this was the BEST idea.
> * *I  think this guy nailed it!
> * *Dear  Mr.President,
> * *Patriotic  retirement:
> * *There  are about 40 million people over 50 in the work  force;
> * *pay  them $1 million a piece severance with  stipulations:
> * *1)  They leave their jobs. Forty million job openings - Unemployment
fixed.
> * *2)  They buy NEW American cars. Forty million cars ordered - Auto
Industry  fixed.
> * *3)  They either buy a house or pay off their mortgage- Housing Crisis
fixed.
> * *All  this and it's still cheaper than the "bailout".
> *                       * I love  it!
> *
>   
> ------------------------------------------------------------------------
> 
> 
>  <http://go.microsoft.com/?linkid=9650730>
> 
> ------ End of Forwarded Message
> 
> ------ End of Forwarded Message
> 
> 
> 
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