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Janet Yellen Admits 24% Cut in Social Security Benefits When Program Goes Broke in 9 Years
Rumble ^
| March 16, 2023
| Staff
Posted on 03/16/2023 10:48:39 AM PDT by Red Badger
The Liberty Daily
VIDEO AT LINK.................
TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Government
KEYWORDS: benefits; donatefreerepublic; importers; loserdopians; punks; socialsecurity; touristtraps
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To: Red Badger
To: BBQToadRibs2
When I was a young Marine, a bar I used to frequent had a BIG chart of mixed drinks posted on the wall.
It had them all in alphabetical order with their prices.
I tried to do the list one night after duty.
I never made it to ‘G’ which was Grasshopper......................
22
posted on
03/16/2023 11:02:08 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: Red Badger
Perhaps we can elect AMERICANS in 2024 to remedy this woke, communist, pit Biden has created?
23
posted on
03/16/2023 11:02:37 AM PDT
by
G Larry
( "woke" means 'stupid enough to fall for the promotion of every human weakness into a virtue')
To: Red Badger
I’ll be 61 at that time. This is pretty much what I thought would happen.
24
posted on
03/16/2023 11:02:44 AM PDT
by
rdl6989
( )
To: Red Badger
This should engender a violent reaction against our ruling class, hopefully. Eliminate all illegals where they are found, for good measure.
25
posted on
03/16/2023 11:03:11 AM PDT
by
CletusVanDamme
(The breaking point will be reached soon. )
To: Robwin
.... and a loaf of bread will cost $20.................
26
posted on
03/16/2023 11:04:46 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: rightwingcrazy
She means that all existing benefits at that time will be reduced by 24%, if they want to balance the income and outlays of Social Security at that time.
To: Red Badger
My opinion is it will go ‘broke’ waaay sooner than 9 years.....probably 4-5 years....It will be like a bank run, all those eligible who are not yet taking benefits will immediately begin taking benefits and the whole think will collapse.
28
posted on
03/16/2023 11:06:10 AM PDT
by
1Old Pro
To: Red Badger
We need a Contract With Millenial America. They’re the ones that are screwed.
To: Red Badger
So it looks like the idea on giving ss funds to illegals was to bankrupt seniors?
30
posted on
03/16/2023 11:07:19 AM PDT
by
mountainlion
(Live well those that did not make it back.)
To: Red Badger
We need to support foreign aid and Ukraine more. If everyone took a 40% cut in Social Security, would we have more money for them.
31
posted on
03/16/2023 11:07:24 AM PDT
by
dragnet2
(Diversion and evasion are tools of deceit)
To: Zack Attack
To: Red Badger
That has to be one of the worst videos ever. Terrible. Is the voice over even from that meeting? Couldnt tell.
To: Red Badger
what about welfare checks?
34
posted on
03/16/2023 11:10:10 AM PDT
by
mowowie
To: 1Old Pro
I have been getting my SS ever since I was deemed ‘eligible’ for full benefits, at 66 1/3 years. Now 68+.
Still working, so I don’t ‘need’ the money yet.
Have been putting the money in the bank and an IRA ever since.
So when I do retire finally at 70, I’ll have a fairly good retirement, house paid off in 2017, SS plus a small VA pension..................
35
posted on
03/16/2023 11:12:05 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: mowowie
Different system, different funding..................
36
posted on
03/16/2023 11:12:36 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: Red Badger
Cut 24% from federal spending right now and you won't have to default on my contributions of my lifetime into social security.
Old people can be very dangerous because they met their obligations for 65 years.
37
posted on
03/16/2023 11:13:04 AM PDT
by
blackdog
((Z28.310) Forget "Global Warming", new grants are for "Galaxy Dimming")
To: Jonny7797
Rumble is still in its infancy, technologically.
Servers are probably overloaded...............
38
posted on
03/16/2023 11:13:20 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: Red Badger
hmm I have and idea, cut congress critters salaries to zero that's about what they are worth. they can still collect their graft and inside trading deals and still be millionaires in a couple of years...
Yellen should ask the Biden’s how to manage money, they seem to be good at it..
my suggestion pay per view executions of convicted guilty traitors...
To: Red Badger
The “Biden Administration” is simply a collection of amateurs in just about everything. This is a problem Trump and his economic team could probably solve in a week.
The Dems and RINOs would block them at every turn, of course, because Washington has never been into solving problems, just prolonging them for maximum dollars.
40
posted on
03/16/2023 11:13:49 AM PDT
by
JennysCool
("It's easier to fool people than to convince them that they have been fooled." - Mark Twain)
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