Posted on 12/02/2020 12:15:01 PM PST by taxcontrol
I was just thinking that with thousands dying from Covid, that the pressure on Social Security should be lessening. Has anyone seen an analysis?
I’m thinking that people will try and claim SS disability from health issues post-COVID recovery. People reporting heart issues, health issues, fatigue, etc after they got COVID.
“I was just thinking that with thousands dying from Covid, that the pressure on Social Security should be lessening. Has anyone seen an analysis?”
Not to infer anything to you personally, but when I read that I immediately wondered are they suggesting that we could SOLVE the SS problem by eliminating “old people”.
Again, not saying you were inferring that.
In the vein of “We have established what you are, we are simply haggling about the price.”
We have established that old people have to go, we are simply haggling about the precise age.
IMHO, they should get rid of the the cap of $65K personal income. Pay your fair share!
My 2 cents.
“Johns Hopkins reported on 11/22 that the overall death rate was the same with Covid as without Covid.”
JHU reported that the distribution of deaths by age was the same with or without covid. That’s entirely different from what you claim.
If CCP-19 killed 10 times as many people as everything else put together, but in the same proportions as it has, then the JHU study would have shown the same results - the same distribution with and without CCP-19 - with no spike.
If CCP-19 killed 100 times as many people as it has, there would still only be a small spike in the 65-85 brackets of about 2%. That would be on the order of 24 million CCP-19 deaths. Simply put, CCP-19 kills people in the same proportions as everything else does.
I also ran the numbers for 10, 100 and 1,000 times the current figures (2.4, 24, and 240 million, respectively, dead from CCP-19) and it still comes out within a couple percent even with 240 million CCP-19 deaths. No spike. Distribution too similar to the aggregate for any notable anomaly.
Sorry, but the “no effect” claim is a misrepresentation of the data. No spike among the old, which is what they went looking for, is not the same as no effect. You run out of Americans before you get a statistically significant result (at 240 million deaths you kill off the entire Social Security cohort nearly 4 times over, but the “spike” is *still* only about 2.1%).
To completely kill off the SS cohort you’d need 80 million deaths, although the model would fail much sooner than that - hospitals would fail and the age distribution would skew sharply younger, treatments would have widespread shortages, and so forth.
CCP-19 is now the third leading cause of death in this country, after Heart Disease and Cancer. The way to measure it is in excess deaths, currently running pretty close to the official CCP-19 death toll, and when they can calculate it, shortening of life expectancy (my estimate is around 4-5 years in the US).
I'm making a guess based on an earlier report from CDC I'd say it's about only 4% died of Corona.
I hate Pelosi for the way she's treated the under and unemployed during Covid. She hasn't given a damn about The People. Not everyone who is unemployed qualified for unemployment, particularly younger workers.
Nope. A lot of folks not working would mean less payroll taxes being put into the pot. I suspect states revenues will be down across the board.
There’s over 60 million people getting SS so 10% of the 270K= number listed as COVID BS deaths is irrelevant.
The bigger concern would be the number of people out of work and not paying into SS along state local and other federal taxes. That is taking a toll.
“I was just thinking that with thousands dying from Covid, that the pressure on Social Security should be lessening.”
Slip and fall in bathtubs and medical malpractice kills more old folks than the fake kungflu.
No real impact on payments out, because most of the dying are in the last year of life.
It WILL kill the Social Security system sooner than otherwise would have happened, because so many are out of work and not paying in.
ya i know.. jump through all the hoops worked over 40 years..
ya i know.. jump through all the hoops worked over 40 years..
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