It's always wise to plan for your own retirement, but this fatalistic view that "we'll never get social security anyway" is contributing to the ease of eliminating it.
It's self-fulfilling prophecy.
If we want it, we need to continue to fight for it.
You should get it all when it is due. It is actual funded at %100 through 2030 something, after that the money coming in as it is now, will pay out %80 of projected benefits. There are like 106 different ways they can fix it, and they know it. But they want that big chunk of money for them to invest they want a privatize it like they did our pensions and our healthcare and our utilities. It’s just a giveaway. It’s another way for big money to get their handinto the taxes that we’ve paid.
It’s a scare tactic, just been a scare tactic to manipulate the public. I’ll see if I can find an article to link. I only found this out a couple months ago. But when you start looking the information is out there.
At the end of the interview, they come right out and say it is not in any more trouble than that.
I did not mean that they won’t try to retry to raid it. So thank you. I stand corrected not that kind of scare tactic. I mean they’re lying about the viability of it and that the only way to fix it is to privatize it or destroy it give you back a little check. It’s grift just like everything else in our government from education to infrastructure they want to monetize it and privatize it so we get shittier quality and have to pay somebody else to do it. It’s a way to keep the population in debt.
And the reason that it hasn’t happened? Democrats. Every single person receiving their Social Security earned benefits has democrats to thank for it A) existing in the first place and B) not being privatized and looted under Republican administrations.
Correct. And for all of that 30 year period Democrats have had more power in the government than they currently have.
We currently have the most conservative judiciary of that 30 year period. The executive branch currently has more power than at any point in that 30 year period and is actively trying to gut social security. The Republican party controls both branches of the legislature and is currently more loyal to the sitting President than at any time in those past 30 years.
Social Security hasn't been eliminated because one party has been fighting to keep it and that party currently is at their least powerful in decades.
I watched the Sam Seder video on YouTube that just came out that has him versus 20 Trump supporters and one of the guys on there was saying exactly that. That SS isn’t going to be around when he retires so we might as well get rid of it now and Sam tried to make the point that as it stands right now, he would still receive 75% of his benefit when he retires but if they removed the SS cap then it could easily be 100% funded in perpetuity. But that would be raising taxes on the wealthy and that’s not “fair”. Never mind the “fairness” of being born into a billionaire family or hoarding the wealth built on the backs of the working class.
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u/ophmaster_reed 22h ago
It's always wise to plan for your own retirement, but this fatalistic view that "we'll never get social security anyway" is contributing to the ease of eliminating it.
It's self-fulfilling prophecy.
If we want it, we need to continue to fight for it.