years old until retirement, you would get 3-4 grand instead of 2. That’s a lot of hoping.

Few Americans, even well-educated ones, have the knowledge and skills to put together a proper investment portfolio; to do it well takes extensive knowledge and experience that cannot be acquired readily. And the Wall Street vultures who want to take over our Social Scurity system are going to gut us with exorbitant fees. They didn't dodge the Great Recession bullets, either.

Bottom line: Leave Social Security the F*** ALONE!

And luck. Most portfolio managers, with training, and following the market in an informed manner daily are unable to beat the simple market averages.

A brutally honest investment advisor will always have this hard conversation with his clients, preparing them for difficult times. "One day you are going to wake up and the market will be down 30%" (to use one example).

You can't yoke the social safety net to something so precarious, especially at this moment in history when we are facing such vast geo-political, technological and environmental change and extreme unknowns--increasing conflict and nearly monthly natural disasters plus climate change that instead of preparing for or mitigating we have clearly decided to "wing it" and improvise as we burn up.

Especially if they screw with Medicare on top of SS, because those older Americans will start thinning out quickly without those safety nets. I think that is what the right wing is counting on, the opposition dying off in short order.

The younger generations who have become ever more jaded about seeing any SS will be more likely to take it in stride and let it wither away.

Because they've got nothing to lose at that point. Last I looked, an old person could buy a gun just like a young man.

by people who have nothing to lose, but can't post them.

Would make a lot of money off that by being able to churn all that money in the stock market. They really don't care if you end up with more money for retirement.

"This is all your fault, you stupid proles.
You believed me. Ha ha.
How stupid you are. Stupid suckers." - G.O.P.'s Greatest Felon/Rapist

What Mike Lee means is that there's no rich guy making huge bank from it. That's what privatization has ALWAYS been about. "Corporate efficiency" = ability to extract profit.

It's private insurance and they can tell you "NO you do not get to have that operation you need" whereas traditional Medicare supplemental plans cost more but you are covered and can see whichever doc you want.

Think of how much money we could "save" (re-direct into services, actually) if we eliminated the profit extracted by elite stakeholders in the medical and pharmaceutical industries.

The filthy- rich like Musk want your money. They can't stand the idea that Trillions of dollars are sitting there to hand out to the elderly people who put it there. They so need to take a deep cut of it and put it in their pockets and portfolios.

It's like a gambling addiction. You see that lump of money going to your mortgage and you have to get your hands on it because you know you can win the big one.

Privatizing Medicare has turned it into an annual nightmare and an absolute bingo game for retirees. Will you be covered, will you not be covered.

If Medicare and social security is eliminated.

Perhaps Musk will invent a Soylent Green solution to reduce the number of Soc Sec recipients.

We'll be 3 years off in the orange Hitler 2.0 disaster presidency!

I think he is every bit as malevolent and evil as the orange one. And more dangerous than Trump because he has more money and a better brain.

Sit in a comfy chair, put music on and let the lethal drug do its thing.

And every R who talked down to me about how that was ridiculous before the election will be parroting the bs Lee posted, along w some senseless babble about how dems are to blame.

They have no idea what that is like. And they don't care. They are money hoarders who just want to pay less in taxes.

They have no idea what that is like. “
All the best to you and your mom. I can’t do much for your mom or you but a sincere .

And yes they are horrible. No conscience..

as Democrats taking it.
They'll raise the retirement age first from 67 to 70 for folks born after say 1985 and they will keep hacking away at it until it is gone.
IMO

the social security money will be designated a "sovereign wealth fund" and "invested , probably with kushner's hedge fund, in crypto currency.

thast will jack up the price of whatever crypto is to the point wherethe tech bros can cash out their worthless holdings for bug money.

"conservative doctrine considers social security to be a "ponzi scheme," demonstrating that the rubes don't understand social security or ponzi schemes

I'm 62, and I fully expect the retirement age to go up to 70 before I reach 67 (i.e. during Trump's term)

I’m 61.

go along with this because it is a tax, thus 'bad'. I think I read somewhere that getting rid of payroll tax would deplete funds in about 6 years. That last part might be faulty memory though.

Trump tried this the last time he was in office.

Anyone who tries to take it will regret it very quickly.
Also, you would then greatly increase pessimism of
the younger generations towards employers. The 401K
system already destroyed any employee loyalty to employers.

trump will probably just declare us to be the domestic terrorists and let the proud boys and such deal with us.

the biggest fafo moment for many maga cultists is when the nursing home calls and gives them until noon to pick up their mom or she will be wheeled into the parking lot.

Thank God Chile is a different place today, a model of democracy.

That type of barbaric governing doesn't last long.

jim crow lasted 80 years

the shaf fled iran 40 years ago, and his reign was less than enlightened.



hell. wkithout medicare i;ll be dead in fairly short order.

I've known for a while I'm a "useless eater." I've even had people in my community say as much.

A REVOLT like we are witnessing in South Korea!

Well, if this shot across my fellow oldsters’ bows doesn’t break the suction between our collective asses and our Lazy Boys, nothing will.

If we don’t stand up for ourselves, who the fuck will?

the jerks have been trying to get rid of ss since fdr. they get rid of it . theres hell to pay in the mid terms .

How many?

Just How Many Baby Boomers Are There?


Data from the U.S. Census Bureau show that there are 76.4 million baby boomers.

There were actually a total of 76 million births in the United States from 1946 to 1964, the 19 years usually called the “baby boom.” Of the 76 million baby boomers born, nearly 11 million had died by 2012, leaving some 65.2 million survivors. However, when immigrants are included (the number of people coming into the United States from other countries, minus those moving the other way), the number grows to an estimated 76.4 million because immigrants outweighed the number of baby-boomer deaths. The flow of immigrants greatly increased after passage of the Immigration Act of 1965, just as the baby boom was ending.

https://www.prb.org/resources/just-how-many-baby-boomers-are-there/

That's the very definition of an entitlement: benefits that we have paid for and are entitled to receive. Stop feeding the false narrative that "entitlements" are somehow unearned or frivolous expenditures.

Entitlements are not the same as "entitled" people who presume too much. The distinction matters.

Congress can't spend these any way they want.

The law? They can just make a new law.

One of their long term plans is to strip it away by misinforming those who aren't yet collecting.

Devious AND disastrous. Every time the market crashes we relearn why SS is so vital.

The same asshole Musk who believes he deserve $56 billion a year.

We are dealing with a group of unhinged people who think that they can take whatever they want.

to change Social Security, there was so much backlash that it was dropped.

to increase the retirement age, increase the payroll tax, and screw public employees with a pension with the Windfall Provision.

I look forward to seeing the differing coverage Re: Trump’s lies Re: Social Security and other campaign promises and Biden’s legitimate shift Re: Hunter’s pardon.

If you were born totally disabled with a bleak future. Social security would pay benefits from day one till end of life.

No-one could buy or afford such insurance.

that has worked perfectly for 80 years, and every other industrialized country in the world copied for their own societies, until Republicans decided not to raise the rate in order to kill it!
You raise the rates and you keep Social Security solvent for years, decades, centuries!

It was right in Project 25.

Quelle surprise!

I wouldn't want to be a cop in the front lines when they arm themselves and invade DC.

It’s about Republicans’ insatiable avarice.

is that IF dollars were not deducted from the average person's wages throughout their lifetime for social security, many would have spent vs. invested every one of those dimes. At the age of 65, these same folks would either be broke or have marginal savings at best.

And then, of course, those of us who have empathy toward the 'poor', who instead have saved/invested during their earning years, would be called upon to bail them out.

Of every Republican rhat would go along with this.

"Get out and vote! Just this time. You won't have to do it anymore! Four more years, you know what? It'll be fixed, it'll be fine, you won't have to vote anymore."

That's how he'll fix the housing shortage. When Mom and Dad and Grandma and Grandpa all move in with their kids and sell their homes.

Social Security and Medicare and all that gubment stuff just interferes with the plutocrats' and wannabe plutocrats' greed and predation. Loony and Swampy will take care of it.

I don't have an account but want to read it.

So go fuck yourself, Mike Lee.

WE PAID INTO IT for years. It is OURS. Not yours. And not Elon Musk's.

... an especially odious sociopath.

"... democracy isn’t the objective; liberty, peace, and prospefity [sic] are. We want the human condition to flourish. Rank democracy can thwart that.”

– His words. Lee's various defenders and spokespersons must have sprained some muscles and torn some ligaments trying to put a positive spin on that remark.

As if this substantial loss of purchasing power isn't bad enough, now we're going to have clowns like Musk and The Jerk trying to gut or eliminate the program?!?

Bottom line is over half of America's elderly will be put into poverty without Social Security and Medicare.

Perhaps the MAGA plan is to deport the immigrants and replace them in the fields with America's seniors!!!

Reduce SS for those with pensions. Why? Because it's "costing" the companies $$ that could go into the "shareholder's" (their) pockets. This will be the first step in their attack on SS.