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Social Security Has About One Decade Left Before It Runs Short of Cash
Hotair ^ | 05/08/2024 | Jazz Shaw

Posted on 05/08/2024 8:55:28 PM PDT by SeekAndFind

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To: GOPJ

>> Money’s tight - let’s stop sending money to Ukraine.

Yep. It’s more than tight — it’s a vapor. WE HAVE NO MONEY.

Stop sending money we don’t have to Ukraine!!!


41 posted on 05/08/2024 10:26:26 PM PDT by Nervous Tick ("First the Saturday people, then the Sunday people...": ISLAM is the problem!)
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To: Chode

The fun part is filling out 292+ million tickets without getting writer’s cramp....


42 posted on 05/08/2024 10:38:41 PM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: SaveFerris

you da man...


43 posted on 05/08/2024 10:45:15 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: Chode

LOL


44 posted on 05/08/2024 10:46:52 PM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: SeekAndFind
Social Security has been around since 1935 when the population of the United States was roughly 127 million and the average life expectancy was 59 years. Since that time, the population has nearly tripled and life expectancy has risen by more than a decade.

Someone explain to me how a mere increase in population supposedly exacerbates this problem.

Rather, it's the change in the demographic make-up (in particular: in the age pyramid, due to dropping birth rates) that is worsening the problem.

Regards,

45 posted on 05/08/2024 10:59:14 PM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: alexander_busek

The life expectancy is a misnomer.

Even at the outset, once one reached adulthood they were expected to reach the age of 65yo.

COLA caused the insolvency.


46 posted on 05/08/2024 11:13:31 PM PDT by Freest Republican
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To: SeekAndFind

It gonna be way sooner than that because the US government is going to run out cash. Bankrupt!


47 posted on 05/08/2024 11:29:48 PM PDT by Revel
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To: dfwgator

No worries. It’s safe in the lockbox I read about.


48 posted on 05/08/2024 11:51:25 PM PDT by Zack Attack (✔)
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To: SeekAndFind

I’ll be 80 by then and I can easily survive on my other sources of income. It’s not like I’ll be out globetrotting by then.


49 posted on 05/09/2024 12:15:55 AM PDT by AlaskaErik (There are three kinds of rats: Rats, Damned Rats, and DemocRats.)
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To: SeekAndFind

Considering the nation is 35 trillion in debt with 100s of trillions in unfunded liabilities, SS is broke already.


50 posted on 05/09/2024 1:02:57 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: SeekAndFind
It's still solvent for the moment, but at the current rate of retirement for senior citizens and the shrinking number of young people entering the workforce, the program will begin running short of cash in roughly nine years.

What did we think would happen when we offshored our tax base?

More benefits to the consumers, courtesy of the free traitors.

51 posted on 05/09/2024 2:24:06 AM PDT by TwelveOfTwenty (Will whoever keeps asking if this country can get any more insane please stop?)
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To: SeekAndFind

Let me get this straight. Our Government is stealing from the people and giving billions of our tax monies away ,but can’t put money in S.S. ? Like millions of Americans out there ,I have put in that pot since I was 16 years old. Now your telling me you blew it all when I have 2-1/2 years to go. I wish i had all that money put back in savings, like I would have done. I really F@CKING HATE YOU CORKSORKERS! Your time is coming.


52 posted on 05/09/2024 2:34:07 AM PDT by spincaster (t)
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To: SeekAndFind

They wouldn’t be in financial trouble if they didn’t put the money into the general fund so they could spend it


53 posted on 05/09/2024 4:14:38 AM PDT by Mr. K (No consequence of repealing Obamacare is worse than Obamacare)
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To: SeekAndFind

Unlike Zelensky, who appears to have an endless supply of American billion$.
Wish we had some Representatives in D.C. who gave a damn about Americans.


54 posted on 05/09/2024 4:22:37 AM PDT by Fireone (Who killed Obama's chef?)
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To: Freest Republican

“COLA caused the insolvency.”
Nope, politicians caused the insolvency.


55 posted on 05/09/2024 4:24:20 AM PDT by Fireone (Who killed Obama's chef?)
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To: SeekAndFind
"Social Security Has About One Decade Left Before It Runs Short of Cash" = "Republicans want to cut your Social Security!!!!" (translation into Democratese)

"But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost. By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services. We conclude that, under a paper-money system, a determined government can always generate higher spending and hence positive inflation." - Ben Bernanke (14th chairman of the Federal Reserve from 2006 to 2014)

As long as the US gov't can create money at will, it won't run out of money.

56 posted on 05/09/2024 4:25:57 AM PDT by Sooth2222 (“Toute nation a le gouvernement qu’elle mérite.” /"Every nation has the government it deserves.” )
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To: SeekAndFind

Been hearing the same thing for the last 30 years. Got tons of issues but that’s because the government is running it. I can’t think of one thing the government runs that actually works right.


57 posted on 05/09/2024 4:40:05 AM PDT by maddog55 (The only thing systemic in America is the left's hatred of it!)
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To: Fireone

Wish we had some Representatives in D.C. who gave a damn about Americans.

Wish Americans gave a damn about holding Representatives in D.C. accountable.


58 posted on 05/09/2024 4:40:41 AM PDT by Danie_2023
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To: Fireone

Wish we had some Representatives in D.C. who gave a damn about Americans.

Wish Americans gave a damn about holding Representatives in D.C. accountable.


59 posted on 05/09/2024 4:40:42 AM PDT by Danie_2023
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To: Zack Attack

60 posted on 05/09/2024 5:09:57 AM PDT by dfwgator (Endut! Hoch Hech!)
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