snooggums @ snooggums @midwest.social

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Joined

1 yr. ago

Not fixed, because Tim Walz

At their height, only about 45% of private-sector workers actually had a pension.

Yeah, but while the number of employees who have acess to retirement options (68%) is higher, the number who chose to participate (51%) isn't significantly higher as of 2021. This probably includes some crappy options not nearly on par with pensions.

Another problem is the shift from pensions to personal options is also used by conservstives to say we don't really need social security. Honestly I would rather change social security to have a higher payout rate and collect more for it by removing the cap and collecting it from businesses based on sales/business income (not just profits). That would balance out the jobs being lost to automation while tying retirement to the economy as a whole. With a solid guaranteed level of retirement income the option to save up would not be a necessity to actually retire.

That is an interesting clarification, not a correction, because nobody calls them "12 fluid ounce cans."

By your own admission, you know 3 people with retirement accounts.

I knew three people with retirement accounts who wanted to retire around 2009.

I also know a lot of other people with a wide variety of retirement accounts, pensions, and other investments. I have savings in IRAs, 401k, and will receive both state and federal retirement payments.

But since you apparently think I can only know the things I mentioned this is clearly unproductive.

For those too lazy to click the link, he would normally be unable to vote if incarcerated in New York, but DeSantis could grant clemency.

That's not true! Conseratives love to talk about the bodies of women when blaming them for making men horny or how victims of rape should be forced to give birth.

They just hate any kind of positive and accepting talk about women's bodies.

Duplicate due to technical issues.

Pensions avoided each person needing to individually make all those choices by centralizing the same thing into an efficiently managed centralized process with rrliable results. The only thing splitting it up by individuals did was increase the overhead on retirements to funnel the money to the wealthy while allowing the elderly to be blamed for not taking care of their own retirement.

I guess the people whose income hasn't kept up with productivity should be spending the money they don't have on assets that appreciate with time instead of taking advantage of employer 401k matching. Great advice!

No, it is accurate. The committee was about the interests of the governors in the context of differences between states, and while the governor's interests should align with the people they represent, they don't always line up.

Ah yes, the thing the average working class person needs to understand in order to retire.

Have fun choosing when to retire based on whether the stock market recently crashed.

I knew 3 people who had to put off their retirements around 2009 so the market could recover.

Yup, the old school retirement system before forcing everyone to play at the stock market casino.

Imperial is intermixed woth metric in constructionnand a ton of engineering projects as materials are still manufactured in imperial measurements. Farming is still stuck in imperial too.

Both are still around because an entire industry changing fundamental measurements is a lot of effort.

My second favorite example of the two living in harmony for the average US citizen is the liquir store. Beer comes in ounces but hard liquir and wine comes in metric.

My favorite is soda, which comes in 20 oz and 2 liter bottles on the same shelf. People opposed to the metric system tend to ignore the fact that they are already using it somewhere in their lives and just don't notice.

Now they (finally) know better.

I kind of doubt Clinton and Biden approve of this shift and still think taking the high road is the right way. Biden is still taking the high road!

Hey, I said it was bare!

More like the bare minimum.

Why we haven’t implemented the prescribed necktie outlined in the constitution I don’t know.

Money buys success at the ballot box and the courts the vast majority of the time.

Has his behavior changed? Trump seems to be spouting the same kind of nonsense he always has. This just seems to be more of the same weird rants.

I know Trump doesn't know what the constitution is.