How can it when nearly 3/4, 70 or so %, go on welfare or some form of gov support for life and never contribute anything to the nation? And also when some of the 30% or so that do work send their money back to the nation’s they came from?
This current invasion of America has the same goal as all invasions have. DESTROY AMERICA AND ITS AMERICAN PEOPLE.
The only thing that keeps social security alive is the revenue streams coming into the federal government.
That's roughly $15 Billion a week. Hard to continue taking money from people and businesses for a program and then end the program while still collecting for it and paying the program administrators and clerks.
It will destroy it.
1. They are new customers for every business and government agency that faces financial chaos due to to the nation’s demographic mess.
2. They will accept a crappy standard of living at an inflated cost so their entitlement/welfare benefits don’t buy as much in the future as they do today.
I was a little shocked to note that the maximum SS taxable amount has gone from about $118,000 to $168,000 between 2016 and now. I guess not a lot of people make enough to pay the maximum but that is a rather large increase in just 7 or 8 years.
You should realize by now that the reality of what will actually occur matters not. What matters to the democrats is being able to extol the virtues of importing ten to fifteen million illegals as a way of saving the Soc Sec system, while riling up the bigots on the right, all while showing just how magnanimous we are, as reparations for our evil past. Oh, and if it Happens to skew the results of every election after they finally get the vote, so much the better.
Another word it is the slogan earring that counts comma not the reality. It’s Virtual signaling on a nationwide basis.
50% of all immigrant households, including 55% of all non-citizen led households in the US receive some form of welfare benfit (cis.org/Report/Welfare-Use-Immigrants-and-USBorn) in the United States.
And for all you American born people here’s your F/U finger so shut up and pay your taxes.
Democrat democracy in action
“You can have Open Borders or a Modern Welfare State.
One or the other. You cannot have both.”
Milton Friedman
It will collapse them, and that’s the intent. Cloward and Piven.
It is only speeding the decline. Almost all of them are taking freebies from the taxpayers.
SS was always a pyramid scheme
Years ago AARP had an article on how the SS system was set up and could not fail. They said it was NOT a PONZI SCHEME as Ponzi schemes always collapse when they cannot bring in new money at the bottom. SS has not collapsed therefore it is not a Ponzi Scheme.
A few pages on in the same AARP magazine was an article by Jane Bryant Quinn on how the SS is set up. Without saying the word “Ponzi” it is set up the same way by forcing people in at the bottom.
Now they are running out of new “investors” in it so are trying to flood the country with new illegal immigrants to make up the difference.
What is killing the SS system? It is not what you suspect. The original SS system had a man retire at 62 but the life span was 57 years.
A woman retires at 62 and the life span for them was 65 years. So most people would die off before retirement allowing the government to keep the excess money.
Then came penicillin and people started living longer, much longer. Now the system is going broke. Time to force in new “investors” like in a Ponzi Scheme.
The Social Security surplus contributions continue to be moved to the general fund and spent by Congress. Any discussion on “protecting” or “saving” Social Security should begin with ways to end that spending. There is no money in the Social Security Trust Fund, merely government bonds. A government bond is only a promise by the government to collect money from future taxpayers. Not even the federal government can spend and save the same money. Most Ponzi schemes fail, Social Security only survives because its victims are mandated by law to participate. The solution is to allow social Security participants to put a portion of their contributions in real, actual investments and own their own accounts.