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Social security payments expected to face ‘steep cuts’ in just a few short years
American Thinker ^ | 06/15/2024 | Olivia Murray

Posted on 06/15/2024 8:54:57 PM PDT by SeekAndFind

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To: Ruy Dias de Bivar

If the .gov had started a mass advertising campaign featuring health officials and doctors and nurses explaining that cigarettes were safe and effective—and required that all school children smoke or be expelled from school...they could have kept Social Security humming along with lots of young dead bodies...

Lol.


61 posted on 06/16/2024 7:21:28 AM PDT by cgbg ("Our democracy" = Their Kleptocracy)
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To: rlmorel

I did the same. Made sure when I retired everything, House car, credit cards, were paid off.

I did OK during the Obama and Trump years, now I am struggling thanks to Biden. Saw an item I often buy at the grocery store. $8.99 a few years ago. Now $13.99. I decided I really don’t need it.


62 posted on 06/16/2024 7:22:03 AM PDT by Ruy Dias de Bivar ( Government is not reason, it is not eloquence-it is force!--G. Washington)
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To: Reno89519

***All benefits to illegals need to stop with no exceptions.***

True. I read on another web site that illegals are receiving more per month from the government than I am receiving from Social Security and retirement check.


63 posted on 06/16/2024 7:24:42 AM PDT by Ruy Dias de Bivar ( Government is not reason, it is not eloquence-it is force!--G. Washington)
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To: SeekAndFind

64 posted on 06/16/2024 7:29:51 AM PDT by ealgeone
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To: SeekAndFind

But not Welfare


65 posted on 06/16/2024 7:31:56 AM PDT by AppyPappy (Biden told Al Roker "America is back". Unfortunately, he meant back to the 1970's)
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To: TexasFreeper2009

That is true. They will simply pay with inflated dollars that won’t be worth a nickel.........


66 posted on 06/16/2024 9:10:16 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: cuban leaf

These people have to be elected so they can’t even do that. Inflation will go higher as they print more money to pay for SS, but they will be forced to keep raising SS to account for that. It is a vicious cycle that can’t be escaped but is inevitable due to how a Democracy works.

The people that will be most harmed are the young people who will fall further behind, while the old vote themselves the treasury.


67 posted on 06/16/2024 9:53:53 AM PDT by TexasFreeper2009
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To: Jonny7797

yeah they could back up age like you suggested, but those at or near retirement will be grandfathered.

Basically if you are over 50 now you have nothing to worry about.


68 posted on 06/16/2024 9:55:13 AM PDT by TexasFreeper2009
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To: SeekAndFind

If those taxes would have been saved, invested, and utilized for ONLY the purpose they were designated for, there would be no problem. Technically, it may not be a Ponzi scheme, but it’s a Ponzi scheme.


69 posted on 06/16/2024 10:00:00 AM PDT by Rlsau1
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To: BobL
"Neither party has to, it’s already the law - it is automatic."

When do the politicians start following the laws again? We have a President (sorta) who is ignoring the USSC ruling about student loan forgiveness. We have an Attorney General who is ignoring a subpoena, and now a Contempt of Congress charge.

You have the various witch hunts and kangaroo impeachments and trials against the real President Trump. The impeachments were a farce about nothing. The first one even included the bogus Steel Dossier presented by the FBI to the FISA judges. A number of laws ignored there. The second impeachment was laughable about a phone call.

It also goes on and on down ticket. "Already law"? With respect, we lost that paradigm many years back. Now we just print more money and/or let our so-called representatives slide, depending who has the majority at the time.

Sorry, don't mean to lecture. Having read your posts for years, I'm sure you are aware of all of the above. Just wanted to point out to the lessor informed that the "law" is no longer the bulwark against lawlessness it once was.

70 posted on 06/16/2024 10:29:31 AM PDT by A Navy Vet (USA Birth Certificate - 1787. Death Certificate - 2021? )
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To: A Navy Vet

“Sorry, don’t mean to lecture. Having read your posts for years, I’m sure you are aware of all of the above. Just wanted to point out to the lessor informed that the “law” is no longer the bulwark against lawlessness it once was.”

Thanks, and the reason that the laws no longer work as written is that they are generally designed to work on the population of the country as it exists when the laws are written. When that population changes, and the voting then reflects those changes, the laws have to be QUICKLY UPDATED or they’ll lose effectiveness (at least when the population gets more ‘diversified’). A perfect example is the lack of laws against squatting - they weren’t needed until we reached a certain level of ‘diversification’, now they’re needed throughout the country.


71 posted on 06/16/2024 10:35:23 AM PDT by BobL
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To: SMARTY

Yeah


72 posted on 06/16/2024 11:05:19 AM 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: BobL
"Thanks, and the reason that the laws no longer work as written is that they are generally designed to work on the population of the country as it exists when the laws are written. When that population changes, and the voting then reflects those changes, the laws have to be QUICKLY UPDATED or they’ll lose effectiveness (at least when the population gets more ‘diversified’)."

Very well written. That's why the Dem/Socialists/Communists want to amend or repeal certain Amendments and possibly the Constitution in whole. It was written when most men had the integrity and understanding to obey laws.

73 posted on 06/16/2024 11:18:39 AM PDT by A Navy Vet (USA Birth Certificate - 1787. Death Certificate - 2021? )
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To: Arlis

RE: Our $33 trillion debt will cause the financial collapse of our nation…

As of today, June 16, 2024, the current US government debt is estimated to be around $34.68 trillion. This information is constantly updated, so the exact figure will be even higher tomorrow.


74 posted on 06/16/2024 11:26:11 AM PDT by SeekAndFind
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To: Sir Bangaz Cracka

They should be talking about cuts to payments for baby mamas raising feral kids who loot and destroy.


75 posted on 06/16/2024 11:35:56 AM PDT by angry elephant (Been with Trump since huge 2016 Washington state rally in May.)
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To: angry elephant

Question:
If you have never worked to contribute into the SSA system. Can you still receive SSA benefits in some form? I am not talking about survivor benefits through marriage or being offspring! Zero in but you’re taking out! It was never clear to me if that can happen. I know all it would take is the snap of a sufficient number of politician fingers to make it happen. Has it already happened?


76 posted on 06/16/2024 11:41:12 AM PDT by Reily
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To: SeekAndFind

PAYING OUT FROM TODAY’S PAYROLLS IS EXACTLY HOW SS HAS BEEN FUNDED FOR YEARS.

THERE IS NO LOCK BOX.

NEVER HAS BEEN.

$$$$ GOES INTO THE GENERAL FUND.


77 posted on 06/16/2024 1:17:43 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: Owen

But one figure that stands out on Joe and Jill Biden’s Form 1040 is line 5a, where Social Security benefits received is reported. In 2018 – the most recent tax filing that Biden made available as part of his presidential campaign – the couple received $49,545 from Social Security.

https://www.usatoday.com/story/money/2020/09/09/how-much-social-security-income-joe-biden-is-receiving/113672520/


78 posted on 06/16/2024 1:21:50 PM PDT by GailA (Land Grabs, Poisoned Food, KILL the COWS, Bidenomics=BIDEN DEPRESSION. STAGNATION)
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To: SeekAndFind

If that is true (which it obviously is not), SS benefits would not be the only things being cut.


79 posted on 06/16/2024 1:21:53 PM PDT by Jim Noble (Assez de mensonges et de phrases)
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To: SeekAndFind

But more money to Ukraine, everywhere, more to buy votes for Biden via paying their loans...


80 posted on 06/16/2024 1:23:25 PM PDT by Vision (Woke is communism and it has no place in America. Election Reform Now! Obama is an evildoer.)
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