Fuck the boomers, I never intend to retire in the first place.
Imagine if you took all the money that the government skimmed off your chacks and invested it in either a) gold, or b) your family with the intention that they care for you in your old age.
Well that's exactly why it was implemented, to replace smart investments and hard work as generational wealth, with a government teat. Roosevelt and his entire cabinet were all hardcore Bolsheviks, their sabotage was intentional.
Well, social security systems in the West have to pay for more and more people who never paid into them. The same governments are also sending massive amounts of money abroad. Money isn't endless.
They're raising retirement ages across Europe, too. Denmark also just abolished a national holiday (a Christian one of course) to send more money to Ukraine.
You vote for Socialism, you get Socialism, and it ain't the pretty "for the people" kind that the retards pretend exists.
Social Security cannot be saved, period, because it is a pyramid scheme. The only advantage it has over a typical one is that the government forces people to pay into it instead of tricking people into paying in. Demographics have been making the pyramid increasingly top-heavy for years, and now it's on the verge of collapse.
Boosting the retirement age is absolutely necessary to keep it from just exploding, but all that does is kick the can further down the road. The program needs to be phased out - keep slowly raising the retirement age (say, bumping it up 1 year every 2-3 years that passes), while simultaneously decreasing the amount that people pay in (so younger people don't get entirely screwed). Of course, as the article says, the Usual Suspects (Bernie and Pocahontas) just say "keep raising taxes!"
Remember the extra money it had from all the boomers beginning to retire in 2001? How they talked about spending it, instead of saving for today? I remember.
They did or did not spend it? I don't know because I never paid much attention to Social Security other than understand it was a ponzi scheme whose bankruptcy time was drawing nearer all the time.
It was actually part of the Presidential Debate. They both promised to not touch it, except for all of their side projects. I have no idea if they did spend it, because we all suddenly focused on Florida, and then 9/11
Munnell expressed openness to and interest in the idea of a sovereign-wealth fund to help fund Social Security, adding that a similar move has been successful in Canada, for example. “Some equity component is a good idea,” Munnell said.
Fuck social security. Tax slavery of the worst sort. Roosevelt's corpse should be exhumed, defiled and then burned.
Fuck the boomers, I never intend to retire in the first place.
Imagine if you took all the money that the government skimmed off your chacks and invested it in either a) gold, or b) your family with the intention that they care for you in your old age.
Well that's exactly why it was implemented, to replace smart investments and hard work as generational wealth, with a government teat. Roosevelt and his entire cabinet were all hardcore Bolsheviks, their sabotage was intentional.
It would only be solvent in a net negative population growth, and zero immigration, system.
It's always been a pretty sounding scam that doesn't hold up to basic scrutiny.
Well, social security systems in the West have to pay for more and more people who never paid into them. The same governments are also sending massive amounts of money abroad. Money isn't endless.
They're raising retirement ages across Europe, too. Denmark also just abolished a national holiday (a Christian one of course) to send more money to Ukraine.
You vote for Socialism, you get Socialism, and it ain't the pretty "for the people" kind that the retards pretend exists.
Social Security cannot be saved, period, because it is a pyramid scheme. The only advantage it has over a typical one is that the government forces people to pay into it instead of tricking people into paying in. Demographics have been making the pyramid increasingly top-heavy for years, and now it's on the verge of collapse.
Boosting the retirement age is absolutely necessary to keep it from just exploding, but all that does is kick the can further down the road. The program needs to be phased out - keep slowly raising the retirement age (say, bumping it up 1 year every 2-3 years that passes), while simultaneously decreasing the amount that people pay in (so younger people don't get entirely screwed). Of course, as the article says, the Usual Suspects (Bernie and Pocahontas) just say "keep raising taxes!"
The government has secured the funding of Ukrainian refugee pensions
But Americans? Fuck off and die already
The rope is too kind for your average politician
Remember the extra money it had from all the boomers beginning to retire in 2001? How they talked about spending it, instead of saving for today? I remember.
They did or did not spend it? I don't know because I never paid much attention to Social Security other than understand it was a ponzi scheme whose bankruptcy time was drawing nearer all the time.
It was actually part of the Presidential Debate. They both promised to not touch it, except for all of their side projects. I have no idea if they did spend it, because we all suddenly focused on Florida, and then 9/11
Yeah, all it took was MAiD, works great...