It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: onequestion
a reply to: Xeven
The union funds aren't being mid managed by the union.
The businesses in right to work states just hire temporary and none union workers so less and less members are actually paying in.
On top of that there are less and less union run shops as they continue to move over seas
originally posted by: bandersnatch
That's exactly why the 401 K was invented....
......Some rob you with a six gun....some with a fountain pen.....
Bob Dylan
originally posted by: onequestion
a reply to: BrianFlanders
They only bailout the super wealthy because we need them more.
originally posted by: Aazadan
It's 15% right now, it will be much higher in the future.
Give yourself an income that places you in the bottom 40% or so of wages in the US and look at how much you can actually get in returns.
It is possible to make bad decisions in life (and the stock market makes it a certainty since some stocks must go down in value), should those people simply never get to retire?
originally posted by: AugustusMasonicus
Is that so? Now you can predict the future...
I never said everyone was going to have the same earning potential so hypotheticals really achieve nothing.
It is possible to get run over by a bus when you leave you house, should you stay indoor forever because of the risk?
originally posted by: Aazadan
Because our current tax rates are unsustainable at current spending. Regardless of what the Republicans say, they're going to be forced to give in on this issue eventually. We can't cut spending enough to fix things, and we even have a lot of things we need to increase spending on such as welfare programs due to pension issues and infrastructure. Taxes will go up, and it will be a significant amount.
If a retirement plan isn't viable for the bottom half of society, then it's not accurate to say they can ever retire. There should be an option for a person who makes $10/hour to one day retire, that is not currently the case.
People are going to make bad decisions, people cannot make good decisions without some segment of the population also making bad decisions. Taking care of society is supposed to happen despite a persons poor decisions. When you do everything right, you don't need the help.