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REID RIBBLE: How Social Security REALLY Works 

FreedomWorks Media
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America faces a debt crisis. Modernizing Social Security starts with understanding how it works - and what must be done to protect retirees. Former Congressman Reid Ribble explains.
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26 окт 2024

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Комментарии : 19   
@patriciawilson6063
@patriciawilson6063 6 месяцев назад
If a corporation treat their retirement account that way they'd go to jail.
@snotbugger8849
@snotbugger8849 6 месяцев назад
He forgot to mention that the government borrowed against it and never paid the money back
@SandfordSmythe
@SandfordSmythe 6 месяцев назад
He's part of the conspiracy that is covering this up.
@huntinbuddy
@huntinbuddy 5 месяцев назад
I've paid into it f I r 43 years, never a week missed...and I'm certainly expecting some of it back.
@TomDog5812
@TomDog5812 6 месяцев назад
So raise taxes on the rich.
@SpoilerAlert-k6x
@SpoilerAlert-k6x 6 месяцев назад
First it was voluntary, then became mandatory but was a separate fund with everyone gaining interest. It's since been moved to the general (Ukraine) fund.
@scottwilson8978
@scottwilson8978 6 месяцев назад
You think social security taxes fund Ukraine? The total amount we've given to Ukraine since 2020 (75 billion) is equal to 8% of our annual defence budget(916 billion) . Social security spending was 1.4 trillion in 2023. You could fund 10 wars in Ukraine and that would be less than 1% of 1 year of social security spending.
@SpoilerAlert-k6x
@SpoilerAlert-k6x 6 месяцев назад
@@scottwilson8978 In part. General fund now. Dunning-Kruger
@Vlad.the.Inhaler
@Vlad.the.Inhaler 6 месяцев назад
​@scottwilson8978 Ten Ukraines? That's 7,500 billion according to your numbers no? At less that 1% of one year, that's 750 trillion! 😅
@SpoilerAlert-k6x
@SpoilerAlert-k6x 6 месяцев назад
@@Vlad.the.Inhaler Does it matter? I gave one example of where that fund went instead of retiring Americans that were forced to pay into and now won't see the dividends. You're arguing the wrong point.
@SpoilerAlert-k6x
@SpoilerAlert-k6x 6 месяцев назад
@@Vlad.the.Inhaler My apologies, I'm debating with someone unable.
@thomashughes_teh
@thomashughes_teh 6 месяцев назад
The millions of victims of abortion didn't grow old enough to enter the workforce.
@triangle8181
@triangle8181 6 месяцев назад
Dude.... What is wrong with you? That's has nothing do with the point of this short. It's like walking in history and expect them to talk about math.
@tonyburzio4107
@tonyburzio4107 6 месяцев назад
The point is, birth rates are way down, causing the SS problem. Fact.
@ASchultz73
@ASchultz73 5 месяцев назад
@@triangle8181Actually it has everything to do with the topic. Social Security is premised on a ratio of workers to retirees. At inception some held that ratio to be as high as 16:1. By 1973 estimates were around 4:1. Now they are less than 3:1. The boomers did a phenomenal job destroying a generation from 1973 to the 1990s. Ironically, that generation overcome the stupidity of destroying a population by birthing the millennials and Gen Z. However it is not enough as the problem is further complicated by boomers consuming more than they ever produced. Hence the constant assertion that boomers are imposing debt upon their grand and great grandchildren. Perhaps even great great grandchildren.
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