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The Water Cooler
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Simple Question. Will you vote for Trump?
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<blockquote data-quote="Glocktogo" data-source="post: 2848777" data-attributes="member: 1132"><p>Agreed, but you didn't post your source documents for disagreeing with SMS's assertion. </p><p></p><p>But let's take what you agree with and dissect it. Bernie says it will only be $1.61 per week for the "typical American worker" to get 12 weeks of paid FML. WOW! That's awesome and you wouldn't mind paying $1.61 per week for that, right! Except you won't be paying $1.61 per week. First, you're not a typical America worker. Most American workers aren't. That $1.61 is based on a median wage, not an actual wage. Second, who says liberal Senator Kirsten Gillibrand's math checked out? After all, it's based on the SSA operating a Trust to cover these costs. Since when has the SSA operated in the black? What APY is her estimate based on? What happens to that Trust when a worker who has paid the max of $5.08 per week, takes 12 weeks of paid leave at a rate of $1,915.00 per week, because they make $100K per year? After all, they only paid $264.16 into the Trust for an entire year, but theyre taking out $22,980! If the Trust operates at a 10% APY per year, for say 5 years, its turned that initial $264.16 into about $425.00 or so. How many times does $22,980 go into $425?</p><p></p><p>So thats an atypical scenario. Lets take someone making $15K per year and only paying $1.61 per week. Thats still $3,480 out of about $135. Im sure youll say that all those people who never take the leave will cover the shortage. Well let me ask you, have you ever known many people who pay into a savings account that will NEVER take from it? Because if you tell people that theyre paying for 12 weeks of paid leave per year, theyre going to want to take 12 weeks of paid leave per year at a much higher rate, than those who are willing to take 12 weeks of UNPAID leave. Seriously, youre going to create an entire cottage industry around justifying FML leave requests, which will of course necessitate paying medical claims to support.</p><p>Sorry, but the math doesnt add up. You WANT to believe it does, but it doesnt. Now take that conundrum and apply it to all of Bernies other proposals. Unintended consequences, he has them <img src="/images/smilies/frown.png" class="smilie" loading="lazy" alt=":(" title="Frown :(" data-shortname=":(" /></p></blockquote><p></p>
[QUOTE="Glocktogo, post: 2848777, member: 1132"] Agreed, but you didn't post your source documents for disagreeing with SMS's assertion. But let's take what you agree with and dissect it. Bernie says it will only be $1.61 per week for the "typical American worker" to get 12 weeks of paid FML. WOW! That's awesome and you wouldn't mind paying $1.61 per week for that, right! Except you won't be paying $1.61 per week. First, you're not a typical America worker. Most American workers aren't. That $1.61 is based on a median wage, not an actual wage. Second, who says liberal Senator Kirsten Gillibrand's math checked out? After all, it's based on the SSA operating a Trust to cover these costs. Since when has the SSA operated in the black? What APY is her estimate based on? What happens to that Trust when a worker who has paid the max of $5.08 per week, takes 12 weeks of paid leave at a rate of $1,915.00 per week, because they make $100K per year? After all, they only paid $264.16 into the Trust for an entire year, but theyre taking out $22,980! If the Trust operates at a 10% APY per year, for say 5 years, its turned that initial $264.16 into about $425.00 or so. How many times does $22,980 go into $425? So thats an atypical scenario. Lets take someone making $15K per year and only paying $1.61 per week. Thats still $3,480 out of about $135. Im sure youll say that all those people who never take the leave will cover the shortage. Well let me ask you, have you ever known many people who pay into a savings account that will NEVER take from it? Because if you tell people that theyre paying for 12 weeks of paid leave per year, theyre going to want to take 12 weeks of paid leave per year at a much higher rate, than those who are willing to take 12 weeks of UNPAID leave. Seriously, youre going to create an entire cottage industry around justifying FML leave requests, which will of course necessitate paying medical claims to support. Sorry, but the math doesnt add up. You WANT to believe it does, but it doesnt. Now take that conundrum and apply it to all of Bernies other proposals. Unintended consequences, he has them :( [/QUOTE]
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