@MW4Liberty Okay, it's not my money. They are simply taxes which everyone is required, by law, to pay. Feel better? Pull that string and maybe you'll understand the situation....
@skitten_hund There is nothing you can tell me. What I wrote is 100% true. It makes the issue of "no money" irrelevant. That fact has not stopped people from collecting benefits for almost 100 years. Nobody things there is an account with their name on it.
@_nomadic_soul Late boomer with 1 late millennial son (plus 1 Gen Z) here. We raised him right, paid for his education, and taught him the value of hard work. He makes more money than I do already. Younger also graduated debt free and will be going to Veterinary school. They had it far easier.
@MW4Liberty@steveshsi The $40T debt has nothing to do with social security. If we can deficit spend on transgender musicals in Botswana, we can fund social security.
@og_yoloswag@wrowclif I understand the decision, don’t agree with it. It was 5-4 with the main dissent agreeing with me. That comparison is still the best analogy we have. As long as the SSA keeps advertising it that way, I’ll hold on to the analogy.
@Andrew_Moser I’ll add one more. Collect SS taxes on all kinds of income. If businesses are paying executives other than wages, charge the business 12.4% of the value of those payments. Treat stock options differently than purchased stocks and collect SS taxes on their sale.
@RealEdFriendly@BuriedNewsBlog I’ve got news for you. 40 years ago Boomers felt the same way as younger people today and 40 years from now younger people will feel the same way as Boomers.
@honestpollster Such a stupid take. Do you honestly believe that opinions on topics don’t change with age? Decades of polling (analyzed by the National Institute on Retirement Security and others) show a consistent pattern: confidence in receiving Social Security benefits increases with age
@ReHawk77@wrowclif I stand corrected. Thank you. They should have been forced to change the name. I was vaguely aware of the case but thought it really hinged on the government legal ability to make changes. In any case, SS is closer to an annuity than an investment account.
@Petetheelder@memeticsisyphus You left off the question of what would be different with the national debt if someone else purchase the treasuries, which is the whole point.
@AkkadSecretary No, they solve it by having welfare AND the Superannuation Guarantee. That money is contributed by the employer (just like the 6.2% in the US) but guaranteed as benefits to the employee.