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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: Oldeconomybuyer

I do not believe a word from the govt...either far fewer died or it’s multiples more.


41 posted on 02/19/2025 5:02:22 PM PST by cherry
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To: SisterK

My brother died from their remdesivir crap...65 and as vigorous as a 40 yro...they killed h8m..I w8ll always bel8eve that.


42 posted on 02/19/2025 5:06:21 PM PST by cherry
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To: Oldeconomybuyer

Now there is that bump in the death rate but it isn’t from the fake flu it is from the fake cure


43 posted on 02/19/2025 5:15:12 PM PST by Recompennation
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To: Arcadian Empire

I th8nk that the d—m ventilators killed many Americans. Brought to you by GE Heathcate. There needs to be Crimes against Hummanity trials.


44 posted on 02/19/2025 5:20:38 PM PST by cowboyusa (YESHUA IS KING 0F AMERICA, AND HE WILL HAVE NO OTHER GODS BEFORE HIM!)
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To: Oldeconomybuyer

Just wait until all those 150 year-olds pass, the funding projections will get even better!


45 posted on 02/19/2025 5:29:52 PM PST by PTBAA
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To: cherry

Covid stats have been memory holed. Covid was nasty and killed a bunch of folks for various reasons. From what I remember, Covid was only the fourth or fifth cause of death behind heart attacks, cancer and etc. It was brutal in nursing homes because those folks were at various stages of end of life progressions. Bless their souls, but the decrease in SS payouts for those people is just a rounding error.


46 posted on 02/19/2025 5:34:59 PM PST by EVO X ( )
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To: Oldeconomybuyer
So many Americans died from COVID, it’s boosting Social Security to the tune of $205 billion

Years ago I said our Social Security finances are so far out of wack that the government will either have to inflate the hell out of the money supply or kill off a lot of old people just to make the finances work.

I should have realized they would do both.

47 posted on 02/19/2025 5:36:34 PM PST by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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To: alternatives?

I don’t remember the numbers, but I remember seeing the graph. Yes, excess deaths went way up after the shot was released.


48 posted on 02/19/2025 5:37:54 PM PST by Bellflower (Who dares believe Jesus? He says absolutely amazing things, which few dare consider.)
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To: Oldeconomybuyer

Oh Lordy I can only envision the posts on this one?


49 posted on 02/19/2025 6:02:24 PM PST by wardaddy
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To: Oldeconomybuyer

Maybe the case and / or us Boomers dying off from all causes?


50 posted on 02/19/2025 6:03:20 PM PST by DAC21
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To: Oldeconomybuyer

205 billion... That’s about 2 months of payout. Not much.


51 posted on 02/19/2025 6:08:07 PM PST by maddog55 (The only thing systemic in America is the left's hatred of it!)
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To: Oldeconomybuyer

Wouldn’t surprise me in the least if that was part of the plan.


52 posted on 02/19/2025 6:34:05 PM PST by BradyLS (DO NOT FEED THE BEARS!)
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To: MrRelevant

Zackly.


53 posted on 02/19/2025 6:34:24 PM PST by BradyLS (DO NOT FEED THE BEARS!)
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To: Oldeconomybuyer

What a nice, round number that was…”sent over to Ukraine!”


54 posted on 02/19/2025 6:38:22 PM PST by BradyLS (DO NOT FEED THE BEARS!)
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To: Oldeconomybuyer
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.


55 posted on 02/19/2025 7:11:49 PM PST by Sicon ("All animals are equal, but some animals are more equal than others." - G. Orwell)
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To: MrRelevant

...at the hands of doctors & nurses who did NOT do everything to save them...

...under the aegis of a government keen to let them die rather than admit they were wrong...

...and it all came from Anthony Fauci.

Blood on his hands, there is.


56 posted on 02/19/2025 7:37:19 PM PST by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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To: Oldeconomybuyer

Their plan worked perfectly!


57 posted on 02/19/2025 7:39:08 PM PST by FlatulusMaximus
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To: Oldeconomybuyer

I waited nearly 3 hours on wednesday to get a hold of a social security rep. It took about 10 minutes after to find out I have to call a Miss Robinson.
They gave me her number and extension. I will call on Thursday.

They said I was sent an email to contact that person which I remembered but deleted it as Social Security says they never contact you except by mail. I even got an email from them today that said “National Slam the Scam Day” with tips on how to spot a scam.

There was a question on where I was born. I explained where and they said I may end up having to send them a Minnesota birth certificate that has been notarized. I do have a copy and I filled out a form from the Minneapolis office.

I asked them if they already had all the information and she said yes but need to verify.
She also said it takes 100+ days.....

Meanwhile illegals are given an illegal social security number and disability payments and in other articles I have read they are given debit cards with $5,000 per month loaded on them... each month!

I am glad Trump has now ordered this:

Trump to Order Agencies to Terminate All Federal Assistance for Illegal Aliens
https://thelibertydaily.com/trump-order-agencies-terminate-all-federal-assistance-illegal/

Wall Street Apes @WallStreetApes
WHISTLEBLOWER: They were incentivized to qualify illegals for LONG TERM DISABILITY to qualify illegals for Social Security FOR LIFE, “So they were set for life”
https://x.com/WallStreetApes/status/1891895227067269464


58 posted on 02/20/2025 1:27:52 AM PST by minnesota_bound (Need more money to buy everything now)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...

59 posted on 02/20/2025 7:11:24 AM PST by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: minnesota_bound

I called on thursday.
The rep said they will be sending out my December & January checks by the end of the month. 😁
He was very fast no nonsense person. The whole time he was sniffling. He said he had allergies.
3/hrs yesterday on hold and today the call was over and done with in less then 5 minutes!


60 posted on 02/20/2025 7:38:13 PM PST by minnesota_bound (Need more money to buy everything now)
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