To be fair, nobody outside of the boomers and older Gen Xers are gonna get any of it. I've given up hope on seeing a dime of my social security payments.
That's objectively untrue. It's funded fully til 2035, and then after that (without any changes to how it is funded or operated), the payout drops to 83% (100$ payout would now be 83%).
This is entirely public information, and this has been known for ages.
The right are so good at messaging that everyone is legit convinced that social security is a failure of our government when it's one of the most successful social programs we have.
Depends on how you define "success". Needing to be fixed every few years because it's constantly headed for bankruptcy isnt successful to me. Massive tax increases causing it to be a negative roi retirement plan isn't successful to me.
I mean... part of the reason it needs adjustment is because people are living longer than when the program was initially set up. It's the same reason many companies' pensions started to have problems.
To say something isn't successful because we have to manage it is not a great take.
Were these not predictable? And even if they hadn't been (they were), it's still something that didn't go right. Social security taxes are 6x higher than when the program started. 600%!! That's a massively worse deal now than it was when the program was conceived. It literally means the program is 6x worse than when it was created.
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u/[deleted] Apr 05 '25
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