Social Security expected to run out of money sooner than expected.
Well we all knew the funds would run out eventually. I was wondering how the pandemic and lockdowns would affect this.
Senior administration officials said in a press briefing Tuesday afternoon that a spike in deaths among retirement-age Americans in 2020 helped keep the programs’ costs lower than projected.
If it never happened, I wonder how bad the corrected numbers would be.
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We have a similar problem in here and I suspect it's even worse....
I'm working my ass off so I don't have to rely on that money in the future because I don't really know if it's gonna be there
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Coincidence?
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No I don't think it is a coincidence. It was going to run out of money eventually and with how everything was being labeled a covid death, money was definitely being pushed out to people.
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Much ado about nothing.
Social Security is the easiest of the programs to fix. All they have to do is remove the income cap and let people pay on it for all their income (like the lower and middle class do).
Medicare, now that is major issue at least until technology completely revamps the healthcare system.
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If the Administrations had not stolen from Peter (Social Security) to pay Paul (wars), this would not even being a talking point! President Johnson started doing it during the Vietnam War.
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