Janet Yellen Admits 24% Cut in Social Security Benefits When Program Goes Broke in 9 Years

Rumble ^ | March 16, 2023 | Staff

[fretzer]

>I never made it to ‘G’ which was Grasshopper......................

What was “Z”?

[Red Badger]

“Never get into a fight with an old man. If he can’t beat you, he’ll just kill you.” - LAZARUS LONG (Robert Heinlein)

[Red Badger]

I never got to ‘G’, much less ‘Z’!.........................

[1Old Pro]

Most wait for “full” benefits, but if people were scared everyone over 62 would start.

[Revel]

They sure don’t have any problem spending money on Ukraine. But Social Security? No Way!

[Red Badger]

Yes, if everybody doesn’t wait and does as I did, it will fail much sooner than the feds believe................

[CletusVanDamme]

Maybe covid didn’t kill off enough of the old timers to drive down the draw on Social Security benefits....

[gitmo]

Social Security won’t “go broke”. The money has been stolen by Congress.

[Red Badger]

They are throwing money down the toilet in Ukraine and there is no end in sight.

What does Zelenskyy have over them?...............

[CletusVanDamme]

64 now. Every day, I think about retiring.

[Red Badger]

True, they spent the money and left ‘T-Bills’ in Algore’s ‘lockbox’..............

[Red Badger]

Exactly. They want us all dead.....................ASAP............

[Vision]

But endless amounts of money for Ukraine while America seniors who have paid in already will have to learn to do without.

[TTFX]

They would have to fund it from the general funds.................

- - - - - - - -

A country can consume if it produces. Consumption by printing money is transitory.

[No.6]

The goal of the boomer generation (in general; FReepers probably excepted) is and has always been to devour all that America could offer and leave nothing behind.

[AnthonySoprano]

.
They can’t be expected to stop the Foreign Money Scams and City Infrastructure Bailouts every year.

Peeps in the Big Cities would actually have to work!

.

[1Old Pro]

Every day, I think about retiring.

The worry now is inflation protection when on a semi fixed income.

[aspasia]

100% of Yellen is replacable.

[Red Badger]

If politicians, (D) or (R), ever solved all the problems, there would be no further need for politicians...................

[DesertRhino]

But no limit for Ukraine. They take 12.4% of your income, for 45 years. They keep the change if you die before you collect, or if you collect 3 or 4 years and die.

With that income stream, they wail and scream poverty as they struggle to cut you a 1200-1500 dollar check.
If a private financial investment company tried that stunt, they would be arrested and prosecuted.

With what they steal over your lifetime, every American should retire at 65 as a millionaire and monthly income of double SS without touching the principal.

She’s a thief and a criminal and a liar.