"He is dusting off the old Republican playbook and bringing back the strategy known informally as 'Starve the Beast,'" said one advocate. "In this case, Social Security is the beast."
So, this is an unpopular opinion, but I kinda agree with this (how tf am I agreeing with that orange turd?).
I’m in my 40s and even at this stage I won’t get next to nothing back for all the years I’ve been putting into social security because both democrats and republicans (mostly republicans) have been steadily taking money out of it in order to fund a multitude of government programs for decades.
Sure, this is not ideal, and the right course of action would be to lower out defense spending budget, and remove a whole lot of subsidies we give to industry that does not help us, but that would just stop the hemorrhaging of money in SS, but we would also need to calculate how much money was lost and replace 100% in one go in order to trully fix this issue.
Sorry bout the ramble, just woke up and on my phone.
I don’t think like that at all. We need to fund ALL of these programs 100%, it just feels like we keep funding them by taking cuts of social security istead of other things that dont need to be funded (ie. Corn, Oil, etc.)
Worst case as-is, social security can make 80% of its commitments. This is a huge deal for most people. Hopefully we’d at least have the sense to prioritize lower income that need it the most - there are millions of our elderly who depend on this to live and you want to throw it away out of pessimism?
Are you aware nothing can take funds from social security? It’s more like borrowing. As we approach the cliff, it’s actually the rest of the government that will suffer first, with nothing to borrow
Wait your hot take is “yes I agree, cut my government pension fund so that my EMPLOYER doesn’t have to pay more taxes”??
This isn’t you getting more in your paycheck now. This is your employer not having to pay as much in taxes. They will almost definitely not give you that money.
Sure I mean, the stock market might go up a bit for a little while with this extra cash flow, but eventually those people who would rely on the government pension fund will need to draw money from SOMETHING. Then those market gains will crash.
In what way is this beneficial beyond “stock market will go up a couple more years”? Which, by the way, unless you already have close to enough to retire now, just makes it MORE expensive for you to buy.
No, my take is “it’s in a coma and dying, so if we arent going to do the right thing to fix it, just go ahead and finish the job, pull the plug and burry it instead of just posing for your campaign pictures while you remove more organs from it”
Social security and medicare prevent huge numbers of people from falling into poverty at one of the most vulnerable points in their lives. Wanting to cut it because it doesn’t help you is cruel. Just cruel.
So, this is an unpopular opinion, but I kinda agree with this (how tf am I agreeing with that orange turd?).
I’m in my 40s and even at this stage I won’t get next to nothing back for all the years I’ve been putting into social security because both democrats and republicans (mostly republicans) have been steadily taking money out of it in order to fund a multitude of government programs for decades.
Sure, this is not ideal, and the right course of action would be to lower out defense spending budget, and remove a whole lot of subsidies we give to industry that does not help us, but that would just stop the hemorrhaging of money in SS, but we would also need to calculate how much money was lost and replace 100% in one go in order to trully fix this issue.
Sorry bout the ramble, just woke up and on my phone.
Or rich people could pay slightly more and you could retire. Just saying.
1000% behind this. THIS is what I’m saying
deleted by creator
I don’t think like that at all. We need to fund ALL of these programs 100%, it just feels like we keep funding them by taking cuts of social security istead of other things that dont need to be funded (ie. Corn, Oil, etc.)
Worst case as-is, social security can make 80% of its commitments. This is a huge deal for most people. Hopefully we’d at least have the sense to prioritize lower income that need it the most - there are millions of our elderly who depend on this to live and you want to throw it away out of pessimism?
Are you aware nothing can take funds from social security? It’s more like borrowing. As we approach the cliff, it’s actually the rest of the government that will suffer first, with nothing to borrow
Wait your hot take is “yes I agree, cut my government pension fund so that my EMPLOYER doesn’t have to pay more taxes”??
This isn’t you getting more in your paycheck now. This is your employer not having to pay as much in taxes. They will almost definitely not give you that money.
Sure I mean, the stock market might go up a bit for a little while with this extra cash flow, but eventually those people who would rely on the government pension fund will need to draw money from SOMETHING. Then those market gains will crash.
In what way is this beneficial beyond “stock market will go up a couple more years”? Which, by the way, unless you already have close to enough to retire now, just makes it MORE expensive for you to buy.
No, my take is “it’s in a coma and dying, so if we arent going to do the right thing to fix it, just go ahead and finish the job, pull the plug and burry it instead of just posing for your campaign pictures while you remove more organs from it”
Social security and medicare prevent huge numbers of people from falling into poverty at one of the most vulnerable points in their lives. Wanting to cut it because it doesn’t help you is cruel. Just cruel.
deleted by creator
SS is insurance that you will not run out of savings. How many million do you have? You are going to need several.