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#MacroView: The Insecurity Of Social Security: Eventually, either the benefits will get slashed, or the rest of the government will have to shrink
Real Investment Advice ^ | 09/11/2021 | Lance Roberts

Posted on 09/11/2021 5:50:57 PM PDT by SeekAndFind

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To: JoSixChip

Stop giving Social Security to those who did not contribute the required number of quarters.Plain and simple.It’s been given to many who were never enrolled.That was done by our elected charlatans.


21 posted on 09/11/2021 8:31:38 PM PDT by skinny old man (Still lurking and posting after all these years(20 yrs ?)(more ?)(seems like more...))
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To: SeekAndFind

Remove illegals from the country and get unemployed Americans to work so they can contribute and earn productive money for their families.


22 posted on 09/12/2021 12:24:59 AM PDT by Williams (Stop Tolerating The Intolerant)
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To: SeekAndFind

Many on S.S. might never make it through retirement, but they never really made it when they were working either because of poor paying jobs. Not all of these were unskilled type jobs, either. Some were rather highly skilled jobs, but the folks were just in a situation that they were never paid what they were worth; no raises to speak of, no benefits or pensions,etc. Under such conditions, there was nothing left to save & only left S.S. to depend on. Of course, the low wages were only half the problem. These people generally paid taxes like everyone else, but some of their taxes were not based on income or their ability to pay, such as property taxes. Add it all up & you can see that they now depend entirely on S.S. for “retirement”. Consequently many have already, or will, work well past their retirement age. Some may not live long enough to ever collect any of what they paid into all those years. We have the federal gov’t. primarily to thank for that for leaving insolvent what was to be a trust fund. Every time an announcement is made about S.S. funds, it seems this program is to run out of funds sooner than expected. Never hear much about Gov’t. pensions having to be cut....or spending cut for the various “pork projects” do you?


23 posted on 09/12/2021 7:26:40 AM PDT by oldtech
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To: Ruy Dias de Bivar

“But, but the Democrats PROMISED US back in 1964 that it would never go broke!!”

It worked out quite well for Ida Mae Fuller. She took out almost 1,000 times as much as she contributed. Is this a great country or what???


24 posted on 09/12/2021 10:03:28 AM PDT by utax
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