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So many Americans died from COVID, it’s boosting Social Security to the tune of $205 billion
Fortune via Yahoo ^ | February 19, 2025 | By Alicia Adamczyk

Posted on 02/19/2025 3:53:49 PM PST by Oldeconomybuyer

As the U.S. approaches the fifth anniversary of the official start of the COVID-19 pandemic, new research finds so many Americans died from the virus that the nation’s Social Security trust fund will see a net increase of hundreds of billions of dollars as a result of retirement benefits that will not be paid out.

The working paper from the National Bureau of Economic Research finds that approximately 1.7 million excess deaths among Americans 25 and older occurred between 2020 and 2023 related to the pandemic.

At the same time, some of that gain is offset by the lost tax revenue from those individuals, as well as increased survivor benefits to spouses and children of the deceased, resulting in an estimated $205 billion less in future outlays.

Many of the people who died were seniors older than 65 who were already drawing retirement benefits or would soon, and had paid into the system for many years. While most of the excess deaths were white Americans, Black and Hispanic populations saw the highest excess deaths per capita, as did those with lower educational attainment.

Of course, while excess death is one measure of how COVID continues to impact Social Security, there are other ways that the study notes it does not account for—long COVID survivors, for example, are more likely to drop out of the workforce, which could lead to paying less into Social Security over time and possibly needing to tap the safety net’s disability benefits.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Health/Medicine; Miscellaneous
KEYWORDS: china; coronavirus; covid; covid19; darnconvenient; elderly; socialsecurity; virus; wuhan
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To: FatherofFive
“Wellness” by programs drive up benefit costs.

I got 5 requests for colon swab last year. So I gave into my local clinic while seeing my doctor on other business. I got sent a swab kit. Plus three more requests and these were all after I done gave one test. Obviously they don't coordinate. This week (Monday) I got a package from my insurance which I did not ask for nor expect. No list of contents or explanation. it had socks, tube of hand lotion, small blanket. They also call once a year and want to send someone over to my house and look it over for hazards. They always say "It's FREE!!". No, it's not. My premiums pay for this unwanted crap.

21 posted on 02/19/2025 4:22:03 PM PST by BipolarBob (I'm at -15* and I feel like kicking Punxsutawney Phils buttocks.)
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To: Oldeconomybuyer

It does’t matter whether the deaths were coded as Covid or not. There were 1.7 million excess deaths. It would be interesting to know the number of excess deaths by year. After 2021, the subsequent excess deaths were probably all vaccine deaths. I suspect we will be seeing excess deaths for awhile. At some point, however, the excess deaths become expected.


22 posted on 02/19/2025 4:23:22 PM PST by alternatives?
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To: Oldeconomybuyer

Because everybody that died of anything also died from wuflu. What a great scamdemic!


23 posted on 02/19/2025 4:23:49 PM PST by Theophilus (covfefe)
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To: Organic Panic

I had to go to the hospital for some heart palpitations. They demanded that I take the Covid test. I refused. I’ve never been tested.

They coded me as covid.

Ka-Ching!


24 posted on 02/19/2025 4:23:58 PM PST by Uncle Miltie (Nitzy: New and Improved! Now with only 66% anti-semitic posts!)
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To: BipolarBob

It’s sick and evil. Of course the media wants it memory holed!

Am sorry for your father’s loss!

Prayers to you and your family!
Founded


25 posted on 02/19/2025 4:25:11 PM PST by foundedonpurpose (Praise Hashem, for his restoration of all things! )
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To: Fledermaus

They didn’t want to leave money on the table!


26 posted on 02/19/2025 4:25:29 PM PST by Theophilus (covfefe)
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To: Theophilus

And it’s disgusting greed.


27 posted on 02/19/2025 4:26:42 PM PST by Fledermaus (GOP RINOs - Get on Board or Get Out!)
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To: Oldeconomybuyer

died from medical mal-practice


28 posted on 02/19/2025 4:26:50 PM PST by SisterK (it's controlled demolition)
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To: Oldeconomybuyer

One other thing, my recollection there were very few flue deaths in 2021 and 2022. If the Covid deaths are really just flue deaths, the all the excess deaths are vaccine.


29 posted on 02/19/2025 4:27:07 PM PST by alternatives?
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To: Fledermaus

The epigenetic virus sucked dollars out of people who are still 5 or 6 generation from being born.


30 posted on 02/19/2025 4:30:01 PM PST by Theophilus (covfefe)
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To: E. Pluribus Unum

Well that assumes they wanted us to be solvent and our deficit to disappear

I think they love debt and deficit spending.


31 posted on 02/19/2025 4:32:07 PM PST by Persevero (You cannot comply your way out of tyranny. )
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To: Drago

Thanks.


32 posted on 02/19/2025 4:34:16 PM PST by HartleyMBaldwin
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To: Oldeconomybuyer

I get social security as does my wife.
We both refused the Vaccine that I determined
had not had the proper testing.(for once she listened to me!)
We probably both were infected and were sick.
My sense of smell is very attenuated.
she seems to be OK.
I’ll take that over the things younger people
are going to have to live and die with.
We are both 69 years old. so God permitting
we have a few more years.


33 posted on 02/19/2025 4:40:19 PM PST by rellic (No such thing as a moderate Moslem or Democrat )
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To: Oldeconomybuyer

Of course. Extending Social Security by reducing the population of payouts was the point of COVID


34 posted on 02/19/2025 4:43:53 PM PST by Jan_Sobieski (Sanctification)
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To: Oldeconomybuyer

If Kamawatha had been elected, that money would already be going to the refugee invaders for increased meal and motel allowances and shopping trips for New York T-shirts and Nikes. Gotta consider that pesky inflation don’t you know.


35 posted on 02/19/2025 4:44:37 PM PST by FlingWingFlyer (The U.S. Government was never meant to be a jobs program.)
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To: Oldeconomybuyer

Now, with DOGE, we may get even bigger savings!

COVID and DOGE, the Social Security saving combination!


36 posted on 02/19/2025 4:45:38 PM PST by AZJeep
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To: Organic Panic

Saint Floyd tested positive for covid when he died of a fentanyl overdose. That is about the only time they didn’t count it as a covid death.


37 posted on 02/19/2025 4:47:58 PM PST by shelterguy
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To: Oldeconomybuyer; All

These globalist b—ds are giddy that they teamed with China to kill a million Americans.😡😡😡😡😡


38 posted on 02/19/2025 4:58:27 PM PST by cowboyusa (YESHUA IS KING 0F AMERICA, AND HE WILL HAVE NO OTHER GODS BEFORE HIM!)
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To: MNDude

The poison vax has taken many lives.


39 posted on 02/19/2025 4:58:59 PM PST by Arcadian Empire (The Baric-Daszak-Fauci spike protein, by itself, is deadly.)
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To: Oldeconomybuyer

Lol. I personally have never had a relative or acquaintance die of covid. Something doesn’t track.


40 posted on 02/19/2025 5:01:41 PM PST by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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