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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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1 posted on 02/19/2025 3:53:49 PM PST by Oldeconomybuyer
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To: Oldeconomybuyer

my guess is a lot more have died from the vax


2 posted on 02/19/2025 3:54:56 PM PST by MNDude
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To: Oldeconomybuyer

That explains why they locked down all the old folks’ homes and brought in COVID patients.


3 posted on 02/19/2025 3:56:47 PM PST by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████ ████ █ ███████ ████. FJB.)
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To: MNDude

Most died with COVID, not from Covid


4 posted on 02/19/2025 4:00:17 PM PST by MrRelevant
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To: Oldeconomybuyer

The numbers were MORE than made up for, in illegals Biden welcomed.


5 posted on 02/19/2025 4:02:17 PM PST by simpson96
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To: MrRelevant

“Most died with COVID, not from Covid”

There was an elderly woman (90s) in my church who had a stroke and later died in the hospital. The hospital said “COVID.” Cha-ching....


6 posted on 02/19/2025 4:02:51 PM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: Oldeconomybuyer

So, one “Mission Accomplished” then?

Are they going through a check list to let us know how great Covid was for our nation? Are they hoping we will forget what they did if they highlight all the “positives”? Are they trying to explain sudden reappearing dollars in the SS fund? Are Fauci and friends trying to stay out of jail? Are the pharma companies trying to boost their stock prices back up to previous highs?

Tune in next tomorrow for another episode of “How the Guilty Run & Squeal”.


7 posted on 02/19/2025 4:06:01 PM PST by CFW
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To: MrRelevant

Yah, putting people on ventilators so that they were unable to cough mucus out of their lungs. Forget vapor therapy, which my friend used on all of his patients (Respiratory Therapist). But the hospitals where paid more from the government, if they died.


8 posted on 02/19/2025 4:06:28 PM PST by foundedonpurpose (Praise Hashem, for his restoration of all things! )
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To: Oldeconomybuyer

all these government workers being fired is saving the taxpayers not only their yearly salary, BUT also and more importantly the cost of their future pensions!!!


9 posted on 02/19/2025 4:08:07 PM PST by TexasFreeper2009
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To: Oldeconomybuyer

Nonsense from the MSM


10 posted on 02/19/2025 4:08:14 PM PST by Zathras
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To: Oldeconomybuyer

This is the nasty truth. “Wellness” by programs drive up benefit costs.


11 posted on 02/19/2025 4:08:34 PM PST by FatherofFive (we mutually pledge to each other our lives, our fortunes, and our sacred honor)
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To: Oldeconomybuyer

One of those “Covid deaths” was my 68-year-old friend who found out he had advanced leukemia. While in the hospital, he tested positive for Covid, so when he died of the leukemia, the hospital got to count him as a Covid death.


12 posted on 02/19/2025 4:12:00 PM PST by Restless
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To: foundedonpurpose

That’s how they killed my father. I was there the day before he expired. No cough. Breathing normally. They wanted his bed. He was ready to go so they were to quit some of his medication to let him peacefully go to sleep. But that was NOT the case. It’s too slow and they wanted it now. So they gave him the Covid death treatment (although he definitely did NOT have Covid). A shot of Resmedivir and and invert and ventilate until he quits breathing. They put down animals more humanely.


13 posted on 02/19/2025 4:13:30 PM PST by BipolarBob (I'm at -15* and I feel like kicking Punxsutawney Phils buttocks.)
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To: Organic Panic

I my town a guy wrapped his car around a tree after a heart attack.

They called it Covid death until the family sued.


14 posted on 02/19/2025 4:13:31 PM PST by Fledermaus (GOP RINOs - Get on Board or Get Out!)
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To: Oldeconomybuyer
the nation’s Social Security trust fund will see a net increase of hundreds of billions of dollars

Is there really even such a trust fund? I thought that SS money goes into the general fund, to be spent as fast as it's collected.

15 posted on 02/19/2025 4:14:43 PM PST by HartleyMBaldwin
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To: Oldeconomybuyer

Yeah. I guess it wasn’t politically expedient to clean up the grift of Social Security. So grandma gotta go instead?


16 posted on 02/19/2025 4:17:18 PM PST by cross_bearer_02
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To: Organic Panic

💸💸💸


17 posted on 02/19/2025 4:19:17 PM PST by ConjunctionJunction (Vim vi repellere licet)
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To: Oldeconomybuyer

They love it when their plan works out.


18 posted on 02/19/2025 4:19:20 PM PST by webheart (Kohms is what I call commies. They are not liberal or progressive. Eed Plebnista. )
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To: Oldeconomybuyer

$205,000,000,000 is chump change compared to Social Security FRAUD levels.


19 posted on 02/19/2025 4:21:58 PM PST by Uncle Miltie (Nitzy: New and Improved! Now with only 66% anti-semitic posts!)
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To: HartleyMBaldwin

Yep, there is a SS trust fund...most of it invested in “Special Issue” US Treasury T-Bills/bonds. By buying US bonds I guess you could say the SS Trust Fund allows Congress to spend more $$.

https://www.investopedia.com/ask/answers/110614/how-social-security-trust-fund-invested.asp


20 posted on 02/19/2025 4:22:01 PM PST by Drago
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