trump still asks that we trust him but doesn't tell us why he is doing what he's doing, other than, "You'll feel pain, then you'll be rich." I call BS!
Dictionary Definition of con artยทist
a person who cheats or tricks others by persuading them to believe something that is not true.
Donald Trump.
Social Security is an insurance policy against being destitute, the same way that you might buy a fire-insurance policy against your home burning down.
Your payment today is paying for someone else's problem, and if disaster never happens to you then you don't get money, and both are normal.
Wait! What? I agree it is insurance especially if you become disabled or leave dependents - But it is also an annuity that eventually pays monthly based on contributions and regardless of your level of destitute.
Another aspect is the difficulty of determining accumulated wealth when people have had 40+ years to bury cash in their backyard. The investigative labor of determining who is "truly" destitute eventually becomes more expensive than relaxing requirements.
social security is exactly akin to European social pension programs. it's not complicated. it's what every developed first world country has. in America however, like all government programs which help average people, corrupt actors want it privatized so they can profit from it's administration. FFS
i have to laugh about the effort to privatize social security. remember this instance when you think you can do better in the market than the government program. market investments are subject to shortselling, government policy. you don't need to privatize social security in order to invest. IRAs.
Please stand up to Trump and all greedy billionaires! Our tax laws need to be changed, and functional Corporations need to be paying a lot more in taxes.
And why the regressive ceiling on contributions needs to be raised or eliminated along with progressively higher rates for higher earners. Problem solved.
The people who want you to finance your retirement with the stock market want your wages too low to invest and also crash the stock market every time they get the white house.
And when people try to tell you that social security is broken, ask them why itโs broken? Itโs broken because of wage stagnation and the wage gap ๐คจ PERIOD.
"A Ponzi scheme is a fraudulent investment scam where early investors are paid with money from new investors" - Every cent paid to social security recipients comes from workers paying in today.
Early investors are being paid with money from new investors. Classic definition of a ponzi scheme.
Voters are constantly reminded of the state of the Social Security trust fund, the excess of which is invested in U. S. Government bonds, not risky stocks.
Department of defines never said it would. Where the social security administrations lies to you and promises the money they take from you will be stored in an account to be returned.
Keep your greedy conman miny hands off my social security. How bout congress and senators take a pay cut for the good of the country and democracy. There has never been a freeze on politicians pay. Bout time to earn your worth.
Sure it did. All those lost jobs are SS taxes not paid for current recipients. Less funds for future recipients. More tax on the next generation. He's creating decades of pain. The USA we knew will not recover. Checks & balances gone.
Ironic, these Republican bastards want to get their hands on Social Security so they can funnel it through the Stock Market and into Republican pockets.
I'm literally better off dead... Thank God I have terminal cancer, I don't want to do this anymore... I really don't want to die... but I literally cannot afford to live... At least the Nazi killed their "Useless eaters" as fast as possible, perfecting what they were going to use on the Jews...
I even contacted the German consulate because I'm adopted and there's a decent chance that my birth mother was a German citizen... But I haven't heard anything back... And you'd think they'd understand the extreme danger that the most vulnerable are in rn
And then without warning or even a heads up my check dropped from 1290 to 920 and there's absolutely nothing I can do about it... And because I'm on SSDI not SSI... I do not qualify for any additional county or state benefits...
They don't want non citizens that are going to require social support straight out the gate and drain their social systems resources without benefiting the country...
No matter how you slice it... Disabled people are seen as a net loss on paper... Even though it's absolutely not true
I was just barely surviving on a bit less than 1300 a month in benefits and just 23 dollars a month in EBT benefits... I no longer have any access to my EBT because I lost my EBT card and I don't have any residential mailing address to send it to...
I hate it when they talk about millions or billions of dollars...
It literally takes away the true impact of these cuts and newly implemented obstacles and pointless barriers...
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Think you arenโt sleeping well now?
Dictionary Definition of con artยทist
a person who cheats or tricks others by persuading them to believe something that is not true.
Donald Trump.
#democracyisdying but we WILL bring it back!
Those differences are what maks it economically possible.
Your payment today is paying for someone else's problem, and if disaster never happens to you then you don't get money, and both are normal.
Another aspect is the difficulty of determining accumulated wealth when people have had 40+ years to bury cash in their backyard. The investigative labor of determining who is "truly" destitute eventually becomes more expensive than relaxing requirements.
every time they talk about privatizing, they then proceed to crash the economy.
it's always an attempt to get a massive influx of capitol so the markets don't crash for a bit longer.
always a scam
Early investors are being paid with money from new investors. Classic definition of a ponzi scheme.
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No matter how you slice it... Disabled people are seen as a net loss on paper... Even though it's absolutely not true
It literally takes away the true impact of these cuts and newly implemented obstacles and pointless barriers...
The New Democrat Coalition has been serving Banks for 40 years of con Vs Democratic Voters.
We were LED INTO OLIGARCHY by our own, whose Donors want what Trump does.