To: M👹M, SS is not a ponzi scheme. It is not a for profit business. It is not a grift on the public. It is a PAY AS YOU GO retirement plan for US. As co$ts rise, taxes rise. It has no maturity date as it is never ending. You are a real "dum f*ck" if you can't visualize that. Tesla stock prove that.🖕 - ThreadSky

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deffeddie.bsky.social • 8 days ago

To: M👹M, SS is not a ponzi scheme. It is not a for profit business. It is not a grift on the public. It is a PAY AS YOU GO retirement plan for US. As co$ts rise, taxes rise. It has no maturity date as it is never ending. You are a real "dum f*ck" if you can't visualize that.
Tesla stock prove that.🖕

Comments

hihkatharine.bsky.social•7 days ago

SSA is and has been so secure in its continuation that banks loan money for mortgages based solely on SS income. I’m surprised we haven’t heard from more financial institutions pushing back on this insanity.

keys266.bsky.social•7 days ago

My SS conspiracy theory: boomers are dying at increasingly higher rates as every year goes by. Problem solves itself with time. Time running out to make it a crisis and kill it for ideological reasons. Ideology reason is that there is no skimming/profit on this huge retirement system.

keys266.bsky.social•7 days ago

…Therefore it cannot be bilked on the spend side like Medicare, Medicaid, and Obamacare tax collections bilked by corporations.

bluerulzgal.bsky.social•7 days ago

Bush Jr acted like he had a mandate and tried to privatize Social Security. His presidency never recovered.

darcelj.bsky.social•7 days ago

Exactly!!!!

sirnyc.bsky.social•7 days ago

Also your SS money is earning interest in government bonds throughout the decades until you retire. It grows in greater value with each passing year.

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