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View Diary: Private enterprise shackled by Obamunism, aka Dow hits 15,000 for first time (153 comments)

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  •  so do tell. how does a part-time McD's worker (0+ / 0-)

    at minimum wage, save for retirement.

    Spell it out for us.


    •  5 dollars every paycheck (0+ / 0-)

      until you can put in more.

      you could get your tax form out and figure out based on last years brackets, if you have a sweet spot that would essentially mean your take home pay was the same.

      $250 a year is better than nothing and depending on your deductions, your paycheck might be basically the same.

      -You want to change the system, run for office.

      by Deep Texan on Fri May 03, 2013 at 10:29:39 AM PDT

      [ Parent ]

      •  I have a better idea (1+ / 0-)
        Recommended by:
        VA Breeze

        How about we not cut Social Security, so people can live after they retire.

        Your Horatio Alger mythology is amusing.

        •  social security wasn't meant to be your retirement (0+ / 0-)

          it was always meant to keep you from starving.

          when it was first enacted it started basically at the age people were currently dying and excluded black people.

          we should do better, but that's not on the table with republicans holding everything hostage.

          there are tons of better ideas..  hardly any of them can get passed.  getting something passed is better than having nothing.  which means compromise.  it's why legislation is almost always a shit sandwich.  this is how it is.  we have to deal with the reality we have.

          -You want to change the system, run for office.

          by Deep Texan on Fri May 03, 2013 at 10:36:51 AM PDT

          [ Parent ]

      •  At no point down here does a (0+ / 0-)

        $5 paycheck deduction = a $5 reduction in taxes owed. That's impossible in a marginal tax rate structure.
        $250 a year might be better than nothing, but at the end of one's life after 40 years of labor, it still adds up to "not enough to live on beyond another year" @ $20K--even if one's investment doubles! Yay sacrifice!

        "Lone catch of the moon, the roots of the sigh of an idea there will be the outcome may be why?"--from a spam diary entitled "The Vast World."

        by bryduck on Sat May 04, 2013 at 09:47:46 AM PDT

        [ Parent ]

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