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Topic: Retirement / What am I working for?

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847badgerfan

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Re: Retirement / What am I working for?
« Reply #168 on: Today at 09:51:22 AM »
I would just reprocess waste water, maybe they do it.  A waste treatment plant can produce potable water at some additional expense (tertiary).

I know they lose a lot to evaporation and leakage.
They do some, for irrigation, and more recently (10 years or so), they use reclaimed water for flushing toilets. Adds a lot to the construction costs (double the pipe/install), but there is not much of a choice to be made out there.

And yes, there are losses.

One of my friends lived in this development until he moved to Palm Beach Gardens. Lots and lots of loss potential in that pond. There are thousands more like it out there.




My MIL lives here:


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Cincydawg

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847badgerfan

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Re: Retirement / What am I working for?
« Reply #170 on: Today at 12:02:00 PM »


It's obvious that spending needs to be cut. Where?

How about defense?

How about not forgiving massive debts?

Wasteful Government agencies. Pick from this list:

A-Z index of U.S. government departments and agencies | USAGov

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It's also obvious that revenues need to go up. I'd like to see a feasible plan to achieve this.

A larger contribution to Medicare and Social Security would help.

A 0.8 percent increase on SS, from 6.2 to 7 percent (14 percent total).

Take Medicare from 1.45 to 2 percent (4 percent total).

Then there is all this BS on taxing the wealthy more. Show me how and show me why.

Higher corporate taxes? If your goal is to cut jobs, have at it. I don't condone this at all.

We need more jobs, which leads to more people paying taxes. Duh.






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betarhoalphadelta

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Re: Retirement / What am I working for?
« Reply #171 on: Today at 12:54:42 PM »
As Social Security faces insolvency, these are key factors to watch (cnbc.com)
At which point I have to mention, yet again and as always, that Social Security is ALREADY insolvent. It now, and has for several years, been paying out more money than it takes in. 

The SSTF, is not an account full of "money" that the SSTF can draw from to pay their shortages. It's full of promises to print or tax money and give it to the Social Security program to meet its obligations. 

The Social Security Trust Fund is, and always has been, a bullshit setup that is used to fool Americans into thinking the system's structural problems are farther down the road than now. 

Cincydawg

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Re: Retirement / What am I working for?
« Reply #172 on: Today at 01:00:14 PM »
I think the SSTF is a real thing, personally.  They invest in special T bills just like other people and corporations, and that "money" there has real value.

They have no authority to borrow.

 

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