Social Security does not add to the national debt. It is even prohibited by law from borrowing money.
Politicians who talk about cutting or changing Social Security to address the debt are lying to you.
Here is how Social Security funding works:
Social Security is funded by payroll taxes. When more money comes in from payroll taxes than benefits that need to be paid out, Social Security is obligated to invest the surplus in Treasuries.
Treasuries are bonds. Governments and corporations issue bonds to generate money. A bond is a loan from the purchaser to the issuer.
A bond has a principal, a maturity date, and an interest rate. The principal is the value of the bond. When you buy a bond, you pay the principal. When the bond reaches its maturity date, the issuer is required to pay the principal back to the holder. The interest rate is the amount the issuer pays to the bondholder.
It is similar to how, when you take out a 30-year mortgage, you agree to a repayment schedule and to pay interest until the loan is repaid.
As Treasuries mature, if Social Security doesn't need that extra money, it rolls them over by buying new Treasuries.
When Social Security needs more money to cover benefits, it cashes out Treasuries.
The federal government has had a deficit for the past 25 years. This means that when it has to meet its obligations, it needs to borrow money.
This is how people claim that Social Security adds to the debt. That is ridiculous.
Companies and countries buy US Treasuries. You and I can buy them. Anyone holding a Treasury when it matures isn't increasing the debt. The government’s unbalanced budget is causing the debt.
Cutting Social Security will do nothing to get the US out of debt, but it would create hardship for millions of Americans.
Social Security currently has a shortfall, primarily because people are living longer and the large Boomer generation is retiring. In 1960, there were 5.1 people paying into Social Security. Today, there are only 2.7. The trust fund from past surpluses is keeping it afloat, but it is running out.
The easiest way to address the shortfall is to remove the tax cap on Social Security. Benefits do not have to be increased to do this. This is exactly what was done for Medicare in 1993. The tax cap was removed, and benefits weren't increased to better fund the program.
If you’re looking for an explanation for how Trump got elected, it’s the same mechanism that makes people think irrational shit like chatbots are conscious or SpaceX is worth $2T.
Psyops. Elon Musk is a conman who learned from Peter Thiel you can change people’s brains through social media. That’s why Musk bought Twitter and turned it into a platform for personal aggrandizement, white supremacist propaganda, and organized psychological warfare.
That’s how Trump ran the table in ‘24: Elon Musk targeted exactly the demographics he needed to—on Twitter. It’s Cambridge Analytica on steroids, applied to a captured population.
This is also why there is a literal cult of AI promoters right now. Musk is deliberately programming the population to buy into the worst bubble in the history of the world—for exit liquidity.
This is what Thiel meant when he said “technology is this great alternative to politics.” He actually meant “we can use technology to take away freewill.” Musk is now applying this process to his own personal wealth.
America is being brainwashed at scale by a small group of elites.
They must be stopped and their tentacles totally rooted out. And our system must drastically change to prevent a relapse.
This is the great challenge of our time: Can we recognize the true source of our dysfunction—organized digital lying by elites—and do something about it?
@HQNewsNow@paated Article IV Section 6 of Iowa's constitution expressly forbids Zach Lahn from running. He does not meet the 2 year residency requirement.
This is what we have become. "Stop me if you can" mentality.
@HunterBiden@GAnn_5050 I was so used to lying I couldn’t even tell when I was lying. Radical honesty also requires acceptance that you are not in control. “If I act this way, people will act a certain way” doesn’t cut it anymore.
JUST IN: Reporter Catherine Herridge testifies that CBS News locked her out of the building and seized all her files, says she was working with sources to "expose government corruption."
Nothing at all going on here, folks.
"CBS News’ decision to seize my reporting records crossed a red line that I believe should never be crossed by any media organization."
"Multiple sources said they were concerned that by working with me to expose government corruption and misconduct they would be identified and exposed."
"CBS News locked me out of the building and seized hundreds of pages of my reporting files, including confidential source information."
FOLLOW ME, THE NEXT DROP WILL BE SHOCKING.
You cannot commit genocide in Gaza, invade Lebanon, bomb Iran, Syria, Yemen, and Iraq, violate Geneva and Vienna Conventions, international law, human rights, and state sovereignty, then hide behind anti-Semitism.
There is no rise in anti-Semitism. There is a rise in the number of people who are very angry at what Israel is doing. Your inability to separate the two is equally problematic.
HAPPENING NOW: Did You Know That The Pentagon Has Issued An Emergency Warning Concerning Netanyahu’s Attempted Hijacking Of Not Just The Pentagon, But All Of U.S. Intelligence?
Less Than 24 Hours After, A House Committee Cleared The Way For The Passage Of Section 224 In The 2027 NDAA That Would Effectively Give Israel Co-Equal Control Over The U.S. Military Industrial Complex, The Pentagon Issued An Emergency Warning
Under The Provisions Of The Bill, A Special “Executive Agent” Or Czar Would Be Able To Override Anyone In The Pentagon, Including The Chairman Of The Joint Chiefs Of Staff
Researchers Have Now Discovered That A Clone Of The Treasonous Legislation Is Also Contained In The 2027 US Intelligence Agency Funding Bill Sponsored By Congressman Tom Cotton
In This Key Report, Alex Jones Reviews S4615 2027 And The Nightmare Subsection 622
Watch the livestream: 🔴
https://t.co/5fIAea2Qng
Every single Privatized Immigration facility needs to be shut down immediately.Think about it Mass murderers in prison have better living conditions than the Immigrants especially children & pregnant women in these facilities which are getting rich off them & so are Politicians.