My husband and I have been working for over 50 years paying into this system. They better have my money. And if they don't have our money, we want all the money they earned being politicians stealing our money from us.
Let's us all not forget that both parties have been using and spending out of the social security slush funds for decades. And not putting back a single dollar! So, the next time they want to send aid to overseas 66 billion here 100 billion there. Billions for Ukraine forget it!!! Put that money back into our social security. PAY US BACK first.
This is a right wing lie. As of right now social security is running a deficit. The amount going out is exceeding what is coming in so where is the money coming from to make up the shortfall? So there I proved they are putting some back. . Its just a right wing scare tactic to turn the young against the old. They will demand to stop paying into it and once they get their way its no more checks. And lets not forget who we can thank people like you for making that possible. Also nothing is wrong with social security, the boomers are moving thru the system is all. The peak is about 70 right now and lots of them are dying off every day. So theres no need to do any fixing with it. So stop trying to scare people to benefit yourself financially.
@@_Coffee4Closers You would put them in Government Bonds? Inflation 20% since Biden took over the Government and is now going up and up and up Best of luck with your government bonds!
@@_Coffee4Closers A buyout becomes our Freedom of Choice! Wanna put them in government investments and lose 20% this year or spread out investments into growth that is our choice Stock Market avg is 11% growth up and down but we also have option of other world markets
Welfare never goes broke and my Social Security better not either cuz I'll be like a lot of people hunting for my money and it's not going to be pretty
@@boristheamerican2938 right away your Trump derangement syndrome is kicking in like I said welfare never runs out and my social security that my employer and I paid in better not run out either now go smoke your pipe because it's not making you any smarter
LOL, COLA's are based in CPI and BEAT inflation year over year. CPI is made up of over 40% housing costs that generally do not apply to retired people as their home has been paid off for years. Stop believing the "fear porn" videos.
@@DiaryOfMoney-dk1kk How is that any point at all considering that COLA is based on CPI which over 40% of is housing costs? Most retires have a paid off mortgage and don't have most of the expenses calculated in CPI. For someone running a "money" channel you don't seem to have a grasp of even the most basic principals of the Social Security system.
@@_Coffee4Closers CPI doesn’t include everything. Food, housing/rent, and energy are a big chunk of spending not captured. If they go up higher than CPI the adjustment won’t help.
First Social Security is NOT supposed to be all the money you have to retire on. It is a safety net to make sure that people with no savings don't starve to death. I have been hearing SS is going bankrupt since I was 16 and got my first check back in 1976.... still here. Then in 1982 SS only had 4 MONTHS until it ran out of money... still here. I have been hearing only 10 more years now for 50 years... still here. Second, The "myth" of people living longer is just that... it's a myth. You are looking at the "average" life expectancy, and that is NOT the correct metric to use. That is the expected life for a new born baby, NOT a person that has reached the age of retirement. The only life expectancy that matters is the "years left" for a person that has already survived to the age of collecting Social Security, and I have news for you that number has not moved more than a couple of years over the past 100 years. The bottom line is that SS is the "third rail" of politics for a reason, I can assure you until there is no more military, no more schools, no more roads, SS will still be here. It will be the last thing cut, period! Stop believing the "fear porn" videos.
Youre right I would. Its a ponzi scam. There was never a Trust. You paid into nothing. It left via FICA and went directly to a beneficiary. Neither the DNC or GOP will touch this matter till it collapses. They will just pound their chest. Give ad hominem's and action phrases and point fingers.
Republicans want to dissolve any public safety nets and transfer the funds to speculative stock market. All Congress has to do is raise the cap on Social Security tax and levy a tax on corporations for SSDI to offset the pension payments they saving on and are now paying out to their executives and stock holders. Want Social Security to last , Vote Democrat.
Vote Democrat. The country will be entirely Communist. And even if you get your Social Security, hyper inflation will have made the payments worthless.
Vote democrats as they are sending billions to Ukraine and driving up the inflation rate…you have your head so far up Joe Biden sass you can’t even see straight
