A majority of millennials think that the Social Security program is making more payments than it receives taxes, according to an exclusive Newsweek poll.

Millennials, Gen X and Gen Z say the system needs reform, an exclusive Newsweek poll found, amid fears the benefits won’t exist when they come to retire

Younger generations in the U.S., including millennials and Gen Zers, are much more likely to believe that the Social Security system needs reforming than those in their 60s and 70s, according to a recent survey conducted by Redfield & Wilton Strategies on behalf of Newsweek.

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Some 40 percent of respondents said they believe that the Social Security program currently pays out more to retirees than it is receiving in Social Security tax payments, while 26 percent disagreed with this statement.

Gen Zers (ages 18-26), millennials (ages 27-42) and Gen Xers (ages 43-58) were more likely than boomers (59 and older) to think that Social Security should be reformed.

  • @Smoogs
    46•11 months ago

    Yes it should be reformed in the way that the rich should be properly taxed and loopholes like bullshit charities shut down and forced to pay a living wage . I don’t think this is generational so much as classism and late stage capitalism. Im done caring about this stupid generational war between genz at boomers. I’m all about seeing Musk/bezos/Zuckerberg/Chesky cry rather than Mable who worked and paid taxes as a nurse all her life and just needs to retire. Let her. Move on. Let’s stop waxing on about how the boomers had a money fall way back in the 80s cuz it’s no longer the same damage at fucking over the system as these current generations that sucked up the Silicon Valley straw. They are still here. They are still doing the most damage in current day that is directly influencing the lives of the new generations with wage stealing and denying affordable let alone available housing would have direct impact on their social security.