I knew a guy named Richard Odar, pronounced odor. He didn’t go by Dick.

We administer retirement, disability, survivor, and family benefits, and enroll individuals in Medicare.

Social Security provides retirement income for almost every American worker.

Ssa.gov

An investment fund is a supply of capital belonging to numerous investors, used to collectively purchase securities, while each investor retains ownership and control of their own shares.

Investopedia.com

The only thing not making it an investment fund is that the government forcefully takes the money and you don’t own the money after it is taken.

The average person gets the majority of their retirement income from SS.

Ask the average person what SS is. They will say that it is a retirement fund. What is a retirement fund? An investment fund.

Social insurance, as conceived by President Roosevelt, would address the permanent problem of economic security for the elderly by creating a work-related, contributory system in which workers would provide for their own future economic security through taxes paid while employed.

Ssa.gov

The average person makes 65k

Social security is 12.4%

Medicare is 2.9%

Social Security is 8.19k

Medicare is 1.885k

Average person pays 10k a year to SS and Medicare.

Retirement age is 67

Start work at 18, 49 years of work.

S&P500 has returned an average of 10.64% apr for the last 100 years. 16.5% last 5 years.

30-year morgage is ~7.5%

Let’s just assume the person could put extra money towards their mortgage, gaining 7.5% apr.

10k/12= 833.33 per month

833.33 a month at 7.5% apr for 30 years is 1.02M

833.33 a month at 10% apr for 49 years is 10.41M

Government takes 1-10M from the average American retirement account to give them SS and Medicare.

Let’s say you live until 80. Average life expectancy is ~77.5. Means you have 13 years in retirement.

Average SS payment is 1,864.52 a month. 22,374.24 a year.

13 years of 22,374.24 is 290,865.12.

Average person is losing 750k-9.75M for retirement.

Medicare is a whole other beast but unless you’re going to pay 750k+ on medical expenses in retirement, it’s not going to benefit you.

Even with Medicare you have to pay premiums, deductibles, copayments, and coinsurance. So it’s not like it’s all covered for “free”.

SS is a government ran ponzi scheme. Anyone else doing it would be a crooked investor.

I get that minimum wage is $7.25 and that’s 15k a year. They are paying 2k a year for SS. They will most likely benefit from the system.

But the average American shouldn’t be footing so much of the bill and not seeing any benefits.

It’s crazy

Criminal Minds

How is it “taking their meastaking their measurement system and fucking it up”?

USA uses inch, feet, yard. There is small, medium, large.

Metric has centimeters, decimeters, meters. There is small, medium, large.

Everyone knows a yard and a meter are about the same. Everyone also knows centimeters are tiny.

When someone who doesn’t use the metric system thinks of how tall they are, they use feet. Medium.

I’m 2 yards tall. Someone that’s 5 feet tall is 1 2/3 yards. 5 1/2 feet is 1.83 yards.

You wouldn’t use yards to measure a person. You’d use feet.

When you ask someone that doesn’t use metric how tall someone is they have to pick between cm or m. Most people couldn’t tell you in yards so how do you expect them to do it in meters?

If they just had to think in feet and then ×3 to get decimeters, it would be easy to convert. Maybe even have a decimeter ruler.

5.5 feet is 16.5 dm with quick math. Or 1.65m. Truly, it is 1.68m.

Best driver in the world couldn’t drive on icy conditions with summer tires

3 decimeters is equal to 1 foot.

1 yard is equal to 9 decimeters.

Just multiply by 3

I’m 6 ft tall. If someone asks me how tall I am in metric, I just say 18 decimeters.

An American football field is 100 yards, or 300 feet. 900 decimeters.

An 8ft board is 24 decimeters

Really not that hard to convert. Sadly no one that uses the metric system uses decimeters for some reason.

A standard doorway in US is 3 ft. Has to be that for code. 91.4 cm or .91 meters. If you used 9 decimeters it would only be .5 inch off.

You round to 90 cm you’d be .5 inch off. If you round to .9 meters you’d be almost .5 inch off.

If the metic system was shown to the US as decimeters, they would be on board more.

What you’re saying

Say my mortgage is 1k a month.

I can’t afford 1k, so I let you move in and pay me “rent”

You pay me 1k each month.

After a year, I kick you out and move back in.

Where’d your 12k go?

Bank going to give 12k in cash to you and increase my mortgage by 12k?

Why would someone buy a house so someone else could slowly buy it from them? They would essentially be acting like a bank.

Who keeps up with the house maintenance?

Landlords are unneeded middlemen. A good system doesn’t use them.

Your idea is “rent to own”.

You can rent to own a Playstation that’s 300 dollars for a small monthly price but at the end of the loan you’re going to pay 600 dollars total for the Playstation.

Why am I going to go to Best Buy, buy a Playstation for 300, then let Jimmy down the street play with it while he slowly pays me back my 300?

Why am going to buy a house for 100,000 and let Jimmy rent to own it?

600 a month for 15 years. He’d pay for it.

If I put 100k in the S&P500 for 15 years, I’d have 415k.

Would I rather:

A. Help Jimmy get a house

B. Make ~300k for just sitting

Push for Supreme Court ethics reform, term limits and add amendment to make even the president not above the law.

It’s like a large trading card that you can use to play music

Except the upside-down flag

Iron Maiden and Slayer are vastly different

Dead fish 🐟

If the 300m people lived in the same area and you got a true random sample.

Sunsets at 9:09 today in Michigan

Sunsets at 8:04 today in California

Sunsets at 8:34 today in North Carolina

Sunsets at 7:57 today in Alabama

Sunsets at 7:38 today in Arizona (They are on standard time)

Sunsets at 7:13 today in Hawaii

Sunsets at 11:36 today in Alaska

Someone in Arizona might want the sun to set at 7:38. It’s blazing hot all day.

Someone in Michigan might be fine with sunsetting at 8:08 with standard time.

Someone in Alabama might not want the sun to set at 6:57.

Someone in Hawaii probably doesn’t want the sun to set at 6:13.

Even if you split up the 1000 people to equally represent all states, that’s only 20 people per state.

You could lift the potato without setting off the trap pretty easily

Ahh, yes, 1002 people is a large sample size, like .003% of the population.

Your article is also about switching. Doesn’t say anything about if people would prefer to stay on DST or standard time.

“Summer time” is DST

If you removed DST, we would always be on standard time.

What you are saying is make DST permanent, not removing DST

Why do you want the sun to set early?

I’d rather have an extra hour of sun after work than an hour of sun before work

I think most people enjoy DST. Most complain when it’s dark at 5 pm.

K. Hole