“Seniors can’t remove their SS income, Social Security has gone electronic.”
Socialist security was always a ponzi scheme. Now if bush had been successful in setting up individual back in 2005 accounts you might have some form of point.
But the AARP killed that using the dollars of millions of Senior members. There really is nothing keeping theses payments from being cut back. In fact I would say given growing welfare-state demands its only a matter of time before they are cut back if not in dollar amount certantly in value.
There is no way we can prevent that, and the demographic math is already in. Simply put seniors have no way to protect that money, they don’t even have a claim on it in an account much less a bank of any kind.
Indeed strictly speaking all the money has already been spent by politicians as quickly as it was collected.
I had a form of point, you merely missed it. It was that automatic electronic deposits can’t be protected. Seniors who subsist on SS can be effectively exterminated with the stroke of a key.