Derek Simon

Coach and occasional award winning journalist and internet announcer. Lay down the Caw. Also love the Gophers, Wild, Vikings. Father of three great sons!

[Anonymous @YourAnonNews]

Stop calling it a culture war. It is a class war.
They use culture war to divide you all so they can operate freely. You're worried about a gay person, a trans person while these Epstein Class elites are robbing you all BLIND.

[Governor Tim Walz @GovTimWalz]

Haters gonna hate.

[Jared Ryan Sears @JaredRyanSears]

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.

[Amelia @amelia_tweetz]

If the president can go to Madison Square Garden and be secure, we don't need a billion dollar ballroom.

[Donhammed Trumpistan @TheRealDon85]

If you think California is taking a long time to count votes... wait until you hear how long the Trump Administration is taking to release the Epstein Files

[Derek Simon @DJSim22]

@atlas100 @rocknrollofall Chris Cornell's version is superior.

[80's & 90's Throwbacks @80s90sJukebox]

Ferris Bueller took his "Day Off" 41 years ago today. June 5th 1985. Happy Ferris Bueller Day #80s

[Negan @Roger_Negan]

This

[The Lincoln Project @ProjectLincoln]

Happy 1 year anniversary to this tweet.

[Derek Simon @DJSim22]

@SkiUPod1 Absolutely hilarious that they are always so concerned about Minnesota.

[femiiiiii. @femiiiszn]

i hope the next global trend will be empathy and critical thinking.

[FireFighterDev @fire_starter457]

Republicans want to know if a mom used SNAP to buy a Coke. I'd rather know why Boeing, Tesla, Amazon, Intel, and ExxonMobil have collected billions in subsidies, tax breaks, and government favors.

[Derek Simon @DJSim22]

@Buccigross Because he spreads misinformation daily and is not a journalist? Did he attend journalism school? He's not qualified and he adds nothing.

[Derek Simon @DJSim22]

@Michele_Tafoya Shelly, your own party doesn't want you. Is the grift really worth all this?

[Both parties hate you🇵🇸 @colleenaschwab]

I'm tired of boomers demanding that social programs be cut or reduced for the younger generations while demanding they be expanded for theirs. Like don't tell us to save millions for retirement, when your generation had the pensions, unions, lower cost of living, & saved nothing

[Derek Simon @DJSim22]

@smalls2672 Crazy how we all miss him now, as bad as he was.

[Amelia @amelia_tweetz]

Imagine if a woman president crashed the economy and started a war with no end in sight, and her biggest, seemingly ONLY concern was building a ballroom and redecorating the White House.

[Derek Simon @DJSim22]

@JordanWalley_8 @Coach_Fleck @CoachNJ_Monroe @JustinWalley_ @dhswarriorfb