The CCP Covid cooties didn’t do enough housecleaning.
/s
Won’t be a big deal. The earth will be dead in 10.2 years.
Seriously....up until now during the great “Pandemic” that had been narry a word about the Social Security “crisis”.
The hope was that there would be enough of a die-off to kick the can down the road.
It wasn’t kicked far enough.
Ready for the Soylent Green new deal?
I’ll take under on that.
I’m presently getting monthly social security checks.
I earned this money after many years of work.
If you stupid Democrats would quit giving my money to people that didn’t pay into the system we would not have a problem.
No worries, Congress has the solution: just print ANOTHER $9 trillion in baseless currency. What could possibly go wrong?
Can’t they just print up a few Trillion Dollar bills? I think Pelosi or someone talked about doing that.
It’s only money.
Glad I applies ed early.....but wait, won’t they just print money? That’s what they always do....And I know that is stupid, but somehow, I believe that is what they will do. They won’t let it belly up. Elections, etc.....Unless it is timed with our total downfall....which is also coming and may arrive sooner.
It was always funny money. It was never a “savings” system, just pay as you go, that went to finance the Fedgov. The “assets” are just government bonds.
Or you could take Trump’s approach and get the economy running on all cylinders so that your tax revenues are higher and you can afford to keep your promises.
I really dont see the problem.
Planet only has 7+ years left according to libtard “science”
They’d better shorten that time frame because the people coming up from the South are going to bring elderly extended family who are going to put a strain on the system.
I paid plenty into the system, but will get nothing in return due to my receiving a modest government pension. Hard to give a fig about what happens to SS . . .
Uh... We are 30 trillion in debt. We are already broke.
Well, they could always start a war. Always a popular option with insolvent governments.
Here is a fix. Other countries have done something similar.
How Three Texas Counties Created Personal Social Security Accounts and Prospered
https://www.forbes.com/sites/merrillmatthews/2011/05/12/how-three-texas-counties-created-personal-social-security-accounts-and-prospered/?sh=208f0c683283
And those who retire under the Galveston model do much better than Social Security. For example:
A lower-middle income worker making about $26,000 at retirement would get about $1,007 a month under Social Security, but $1,826 under the Alternate Plan, according to First Financial’s calculations.
A middle-income worker making $51,200 would get about $1,540 monthly from Social Security, but $3,600 from the banking model.
And a high-income worker who maxed out on his Social Security contribution every year would receive about $2,500 a month from Social Security vs. $5,000 to $6,000 a month from the Alternate Plan.
At what point in time will current USA workers stop paying into Social Security, since no future USA workers are going to be dumb enough to believe that someone else is going to pay for their Social Security and Medicare?
They’ll just implement an “equitable” payment system where white males are paid last.
What happened to the lockbox?