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Social Security only has 13 years before it goes broke
Hotair ^ | 06/10/2022 | John Sexton

Posted on 06/10/2022 9:06:06 PM PDT by SeekAndFind

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To: SeekAndFind

Yawn!

Where are the articles about welfare money (or food stamps) running out? There is ALWAYS money available for the bums and leaches of society. That NEVER runs out.


41 posted on 06/11/2022 5:40:37 AM PDT by Flavious_Maximus (Fauci is a murderer)
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To: Twotone

Time to go buy that cabin in the woods, make our own food, live off the grid.


42 posted on 06/11/2022 5:43:22 AM PDT by LibsRJerks
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To: laplata
The hotair article says allow in immigrants who might temporarily ease some of the fiscal strains on the programs

The Biden gang has already started that....


43 posted on 06/11/2022 5:45:48 AM PDT by ding_dong_daddy_from_dumas (Re-imagine the media!)
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To: SeekAndFind

Why arent we running out of welfare money?


44 posted on 06/11/2022 5:51:38 AM PDT by Craftmore
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To: SeekAndFind

Well I am nearing the age to draw all the monies I paid in and if I don’t get it I am going to repossess equal items belonging to the Federal Gov and sale them...


45 posted on 06/11/2022 5:54:49 AM PDT by dpetty121263
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To: dfwgator
What happened to the lockbox?

Biden's looking for the key.

46 posted on 06/11/2022 5:56:45 AM PDT by Roccus (First we beat the Nazis........Then we defeated the Soviets....... Now, we are them.w)
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To: zeestephen
At what point in time will current USA workers stop paying into Social Security, since no future USA workers are going to be dumb enough to believe that someone else is going to pay for their Social Security and Medicare?

Not something you can just do. SS is automatically pulled out of your wages by your employer, so unless your job is willing to fight FedGov fining/shutting them down, no company is going to be willing go along with that plan.
47 posted on 06/11/2022 6:15:48 AM PDT by Svartalfiar
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To: SeekAndFind

We need President Trump. He grew the economy so much that we would have expanded out of the dead end of Social Security.

But now that we have these whacko Marxists in office, we are looking at a Social Security END.

And now we get rid of these MArxist idiots. We send them into the dust bin of history where they belong.

MAGA Babay, MAGA!


48 posted on 06/11/2022 6:22:46 AM PDT by Candor7 (ObamaFascism:https://www.americanthinker.com/articles/2009/05/barack_obama_the_quintessentia_1.html)
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To: SeekAndFind

The headline is a laughable joke for dumb people.

There’s no such thing as a SS trust fund. And it won’t go broke.

SS is 100% pay as you go and is 100% paid by taxes/borrowing in the current year.

It has been so for decades.


49 posted on 06/11/2022 6:59:09 AM PDT by Mariner (War Criminal #18)
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To: SeekAndFind

A failed promise from 1964.

https://www.ssa.gov/history/ssa/usa1964-2.html

Self-Supporting

“The program is designed so that contributions plus interest on the investments of the social security trust funds will be sufficient to meet all of the costs of benefits and administration, now and into the indefinite future—without any subsidy from the general funds of the Government.

Both the Congress and the Executive Branch, regardless of political party in power, have scrupulously provided in advance for full financing of all liberalizations in the program.”


50 posted on 06/11/2022 7:10:16 AM PDT by Ruy Dias de Bivar (“Both oligarch and tyrant mistrust the people, and therefore deprive them of their arms.” – Aristotl)
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To: Svartalfiar
Presumably, Congressional and Presidential candidates will emerge who actively support a SS and Medicare funding boycott.

When push comes to shove, 99% of future beneficiaries do not care if I get my monthly SS check and health coverage.

If I were in their shoes, I would feel the same way.

The ship of state is sinking, and it's every man for himself.

51 posted on 06/11/2022 8:15:11 AM PDT by zeestephen
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To: SeekAndFind

The premise of this article is absurd on its face.

Meet the “Social Security trust fund”:

https://moneymorning.com/2017/03/31/the-social-security-trust-fund-is-just-a-stack-of-ious-in-a-west-virginia-filing-cabinet/

The “Trust Fund” started with zero dollars in it.

It has zero dollars in it now.

It will always have zero dollars in it.

Now let us discuss something useful, like the mating habits of Unicorns!


52 posted on 06/11/2022 8:19:53 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: SeekAndFind

It is an election year again....time to make the old people think they are all going to be thrown off a cliff by the mean Republican


53 posted on 06/11/2022 9:48:08 AM PDT by southernindymom
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To: SeekAndFind

Well, I guess that means I have 13 more years on this earth, being in my 80s by then, and the US gov-mint can only exist if old folks like me died off, so they could continue to shell out free EVERYTHING for leftist poor, and illegals pouring over our borders. Damn, only 13 more years and then the shooting starts, to kill us old folks off so we will not be a burden on leftist designated crap has to happen.


54 posted on 06/11/2022 10:02:22 AM PDT by RetiredArmy (Free Will. GOD gives you the choice I accept or reject Him! Choose Him. It depends on you.)
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To: cgbg

Remember Algore and his rant “but what about the SS trust fund?”, etc., etc.


55 posted on 06/11/2022 10:03:21 AM PDT by RetiredArmy (Free Will. GOD gives you the choice I accept or reject Him! Choose Him. It depends on you.)
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To: RetiredArmy

Yeah—Al Gore was discussing fairy dust and Unicorns—and the stupid peons fell for it!


56 posted on 06/11/2022 10:08:58 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: SeekAndFind

maybe if they quit using it as a slush fund...


57 posted on 06/11/2022 11:27:15 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: llevrok

Or if Democrats steal the midterms we’ll have about a year before they allow a nuclear war to start


58 posted on 06/11/2022 11:34:10 AM PDT by GrandJediMasterYoda (As long as Hillary Clinton remains free, the USA will never have equal justice under the law)
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To: zeestephen

Explain to me how I can stop paying when it is deducted automatically from my paycheck before I even see the money.


59 posted on 06/11/2022 1:28:05 PM PDT by SPDSHDW (Buy JHP ammo, Level 3/4 armor and rifles. Won’t be able to for much longer, and we’re gonna need em)
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To: SeekAndFind

I remember back in the 1990s, when it was supposed to go broke by 2016.


60 posted on 06/11/2022 1:55:55 PM PDT by Eleutheria5 (All Hail the MAGA King, beloved of Ultra MAGAs and Deplorables!)
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