Re: Spirit Airlines Pilot strike
Originally Posted by
jd426
First step is recognizing that there is a PROBLEM.
Plenty of time later to point fingers.
This sense of Entitlement has to stop, thats the next step,
IMO.
I love that Bush word "ENTITLEMENT" Making it sound like you want something for nothing.
How the hell is it an something for nothing when I and everyone else pays a 6.2% social security tax every paycheck of their lives and their employer makes a 6.2% matching contribution.
Every paycheck from the very first week you work to the last week of your working life. So if you work 50 years at the combined 12.4% total contribution that's a 620% contribution of your average life yearly salary and with it being invested in T bills and compounding it should be worth no less than 1000% at minimum.
If your average life pay was $30,000 then you should have $300,000. Now if at age 62 you draw $15,000/year you have outright capital for 20 years and if it is invested in T bills you should have enough for another 5 years to sustain you until you are 87. Some make it further some make it less ...it evens out and sound about right to me.
I don't have a Phd in math but when you look at the numbers that way I think I am "entitled " to a Social Security check when the time comes and I'm old.
It's my money.....I paid for it .. ...it's not a handout.
Last edited by ROVER; 06-15-2010 at 12:58 AM.
DON’T HATE THE PLAYER !!!!! “HATE THE GAME”
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