Posted on 03/16/2023 10:48:39 AM PDT by Red Badger
The Liberty Daily
VIDEO AT LINK.................
How is it we’re able to receive anything now, since that account is drowning in red IOU ink as it is?
*yawn* social security can NOT go broke. Total and complete BS.
The government can print unlimited money. Social security will NEVER, EVER be cut for current or soon to be recipients.
But they will print money to fund it and drive inflation in the process.
I remember having Green Grasshopper ice cream as a kid. It was a special treat!
Current workers’ FICA taxes pay for current SS recipients.
When the number of recipients exceed the number of workers, then you have a problem.........
No....
It will be a 15% rate hike in taxes and a 15% reduction in benefits
True, that.
I think you mean cleaning up the mess.
A very diplomatic way of putting it.
The New People (now in their 40's, 50's and 60's) cannot just scrape off the Boomers, take over their positions and fix anything. They will try just that, and it won't fix their problems. However, it will change them and not for the better.
The same evil tendencies and politicians arise in every generation. The New People will also need to ruthlessly purge their own cohorts of socialists, communists, and "progressives". I do not see any indicators that they will do that.
Meet the new boss, same as the old boss.
I’m 65 and began taking benefits at 62. All the financial pinheads say to delay longer than your first eligibility. That makes the very big assumption that the numbers will stay as they now are. But not if the benefits get cut 10 years down the road. At least I will have gotten something out of SS before it goes away.
I could have gotten reduced benefit at 62 but did not.
Waited for my ‘official’ full benefit age...... Glad I did................
The really shocking part is that SS is so Titanic (see what I did there?) that the foreign aid and Ukraine money is a drop in the bucket and would make no difference.
“Current workers’ FICA taxes pay for current SS recipients.”
That is a myth.
Follow the money.
The FICA taxes go into the Treasury—and they do with it whatever the laws tell the to do with it.
Taxes are taxes—they can dress them up and put ear-rings on them—at the end of the day they are just another tax.
Congress determines spending—they want you to think they do not have control—but they are lying.
Covid 19 was designed to kill off the older generation. That should have cured the problem.
But too many old people took HCQ and ivermectin and developed natural immunity. So they tried to kill them off with the vaccine, but the vaccine ended up killing off the younger generation which has exacerbated the problem.
Eventually they’ll have to resort to just euthanizing everyone over 70.
Today’s “Employees” are making higher amounts than ANY of us now on SS ever did.
Raise the threshhold of the deductions for SOC SEC & that will fill the coffers up-—for awhile.
Medicare is getting fraud all over the place.
Medicaid in some states will pay FOR YOUR GROCERIES-—RENT-—DOWN PAYMENT OF A HOUSE
If democrats keep getting ‘elected’ they can take the money from the future Ukraine War Fund...
Trillions we’re giving away to foreign counties and open border invaders would make no difference for SS?
Particularly Earned Income Credit & Childcare credits to ILLEGALS-—who claim enough dependents to PAY NO INCOME TAXES, either.
Particularly Earned Income Credit & Childcare credits to ILLEGALS-—who claim enough dependents to PAY NO INCOME TAXES, either.
MILLIONS of that group are spending more in Cell phone monthly charges than they would qualify for in a mortgage.
Then throw in Bush’s 10 year long compassionate war costing use multiple trillions where we won nothing but death and debt.....Supporting half the countries on earth, foreign aid, Ukraine et al...And I’m supposed to believe all these trillions would help social security stay solvent?
Not buying that bull s**t. No sale,
Then throw in Bush’s 10 year long compassionate war costing use multiple trillions where we won nothing but death and debt.....Supporting half the countries on earth, foreign aid, Ukraine et al...
And I’m supposed to believe all these trillions would NOT help social security stay solvent?
Not buying that bull s**t. No sale,
Like hell they do...There were like 6 years under Obama when they got nothing...And if they did get anything, the raise in the Medicare Premium took it away.
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