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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 #112 on: May 07, 2024, 09:59:36 AM »
Quote from: Gigem on May 07, 2024, 09:44:24 AM
As I've often stated, I just wish the politicians would do something, instead of kicking the can down the road.  Cut spending, raise taxes, shrink the gov't, whatever it takes.  I personally think some measure of all three could be combined, especially shrinking the gov't and cutting spending.  I think we could cut so much wasteful spending (Ukraine $$$ and other bullshit) it would go a long way, and be smart about what taxes to raise and when. 
No need to raise taxes, but everything else, yeah. The Government is FAR too big, and it's at most all levels in most all places. Municipal. County. State. Federal.

The town I moved from in Illinois has a Village Manager making $300K+/-, with a retirement income that will be the same (base pay) as his last day of employment - for life. He is now 57 and is one year away from full retirement. This is not sustainable.

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Cincydawg

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Re: Retirement / What am I working for?
« Reply #113 on: May 07, 2024, 10:02:23 AM »
There is literally no way Congress is going to meaningfully cut spending, zero.  If magically they did, they'd be out of office next election.

It's not a viable System.  They get elected promising to spend our (and borrowed money) on things voters seem to want, and lowering taxes often as not.

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847badgerfan

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Re: Retirement / What am I working for?
« Reply #114 on: May 07, 2024, 10:06:35 AM »
Quote from: 847badgerfan on May 07, 2024, 09:59:36 AM
No need to raise taxes, but everything else, yeah. The Government is FAR too big, and it's at most all levels in most all places. Municipal. County. State. Federal.

The town I moved from in Illinois has a Village Manager making $300K+/-, with a retirement income that will be the same (base pay) as his last day of employment - for life. He is now 57 and is one year away from full retirement. This is not sustainable.


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FearlessF

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Re: Retirement / What am I working for?
« Reply #115 on: May 07, 2024, 10:10:56 AM »
Quote from: Cincydawg on May 07, 2024, 09:33:53 AM
The SSTF now is projected to run dry in 2035.  IF nothing is done, it would cut payments by about 25%, folks would still get a check.

I EXPECT a series of bandaids from Congress.  They show no inclination NOW to do anything in any bipartisan manner.  Any suggestion of any charge is the third rail thing.
and there's literally no way congress will let SSTF run dry or cut payments by 25%

the age group that cares about SS is the largest voting block
regardless of which side of the aisle or any other political leanings, they all want their SS check

similar to the idea that we will ALL be driving electric vehicles powered by windmills in 2035 - kick the can down the road another decade
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Cincydawg

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Re: Retirement / What am I working for?
« Reply #116 on: May 07, 2024, 10:16:04 AM »
Quote from: FearlessF on May 07, 2024, 10:10:56 AM
similar to the idea that we will ALL be driving electric vehicles powered by windmills in 2035 - kick the can down the road another decade
This of course isn't the "plan", such as there is a plan.
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betarhoalphadelta

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Re: Retirement / What am I working for?
« Reply #117 on: May 07, 2024, 10:21:27 AM »
Quote from: Cincydawg on May 07, 2024, 10:16:04 AM
This of course isn't the "plan", such as there is a plan.
It's the "plan" in California, set in place by a Governor who won't be Governor in 2035, so...

...it'll change sometime between now and 2035 when they realize the "plan" is unworkable. 
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FearlessF

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Re: Retirement / What am I working for?
« Reply #118 on: May 07, 2024, 10:21:51 AM »
there is no plan for anything

no plan for green energy
no plan for the future of SS
no plan for affordable housing or living wages

Hell, as far as I know, the SEC and the B1G don't have a plan for breaking away from the NCAA
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Cincydawg

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Re: Retirement / What am I working for?
« Reply #119 on: May 07, 2024, 10:24:31 AM »
Quote from: betarhoalphadelta on May 07, 2024, 10:21:27 AM
It's the "plan" in California, set in place by a Governor who won't be Governor in 2035, so...

...it'll change sometime between now and 2035 when they realize the "plan" is unworkable.
No, it isn't, even there.  They won't all be driving EVs in California in 2035 at all, even if the rule stands.  They won't even be at 50%.
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betarhoalphadelta

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Re: Retirement / What am I working for?
« Reply #120 on: May 07, 2024, 10:28:06 AM »
Quote from: Cincydawg on May 07, 2024, 10:24:31 AM
No, it isn't, even there.  They won't all be driving EVs in California in 2035 at all, even if the rule stands.  They won't even be at 50%.
Ahh, sorry. I sorta misread it. That "plan" or "rule" says that only EVs will be sold in CA starting 2035.

I'm saying that rule is NOT going to stand. 

You're correct that it won't take existing ICEVs off the road by 2035. 
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FearlessF

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Re: Retirement / What am I working for?
« Reply #121 on: May 07, 2024, 10:47:08 AM »
a rule is not a plan

the governor has no plan
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847badgerfan

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Re: Retirement / What am I working for?
« Reply #122 on: May 07, 2024, 11:15:23 AM »
Clowns don't make plans.
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FearlessF

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Re: Retirement / What am I working for?
« Reply #123 on: May 07, 2024, 11:50:40 AM »
how do they all manage to get into that little car w/o a plan?
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Cincydawg

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Re: Retirement / What am I working for?
« Reply #124 on: May 07, 2024, 12:10:17 PM »
Politicians often set some kind of plan or goal or something that takes effect long after they leave office.

I suspect many Californians think they will have no choice in 2035 but to drive an EV.  
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betarhoalphadelta

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Re: Retirement / What am I working for?
« Reply #125 on: May 07, 2024, 12:15:06 PM »
Quote from: Cincydawg on May 07, 2024, 12:10:17 PM
Politicians often set some kind of plan or goal or something that takes effect long after they leave office.

I suspect many Californians think they will have no choice in 2035 but to drive an EV. 
Well it comes down to different things. This isn't a plan or a goal; it's a rule. Assuming the rule is legal (i.e. it'll withstand a lawsuit), it is now in place that only zero emission vehicles are legal to sell starting in 2035. 

This isn't like the Paris accords, where you "commit" to an emissions target but don't have plans/rules that force that commitment. In that case it's basically a goal with no plan. 

This is a rule with no plan, but the plan doesn't matter to those making the rule. The plan is for someone else to figure out. 

That, of course, is if the rule isn't overturned (or more likely the implementation date will be pushed out) because it's economically infeasible. We often think of law or rule as a top-down system, but lawmakers know that if their rules piss off too many people, they get voted out of office, so they will often modify a law/rule before it is implemented if it won't actually work. 
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