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 ...
my guess is a lot more have died from the vax
That explains why they locked down all the old folks’ homes and brought in COVID patients.
Most died with COVID, not from Covid
The numbers were MORE than made up for, in illegals Biden welcomed.
“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....
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”.
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.
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!!!
Nonsense from the MSM
This is the nasty truth. “Wellness” by programs drive up benefit costs.
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.
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.
I my town a guy wrapped his car around a tree after a heart attack.
They called it Covid death until the family sued.
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.
Yeah. I guess it wasn’t politically expedient to clean up the grift of Social Security. So grandma gotta go instead?
💸💸💸
They love it when their plan works out.
$205,000,000,000 is chump change compared to Social Security FRAUD levels.
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
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