rinbaum on Nostr: retirees don't get "benefits" from Social Security. They get the money that was ...
retirees don't get "benefits" from Social Security. They get the money that was stolen from them with the promise that it would be returned to them with interest should they live long enough to collect it. Other recipients of aid from SSA should be moved to HHS, where welfare benefits are managed.
Retirees aren't breaking SSA. Not only is far more money coming in than going out to retirees, but the resources needed to manage that program is meager by government standards. It's not difficult to determine whether someone has reached retirement age.
The dumb part is that so many other "disenfranchised" have been added to SS benefits. While these people may indeed need financial help, USG already has a welfare program, loaded with "professionals" whose job is to determine whether applicants qualify for benefits. Running two separate programs simply duplicates the work, the amount of workers, and the amount of inevitable waste. Let Musk work on that.
At $65/day, which is pretty accurate for me at least, it will take 17 years for me to collect the principal that was stolen from me. Then I start collecting the interest that was supposed to have been compounding for over 50 years. There's no way that I will live long enough to collect all of that money. I wish they would simply dump a lump sum, principal and interest earned, on each retiree, but that's not how the Ponzi scheme works.
I sincerely doubt that Musk or Trump or anyone will go after retiree returns of principal and interest. My guess is that they will cut benefits for non-retirees and maybe clean out those who, like my college roommate who collected a monthly check from SSA despite being the son of a Greek shipping magnate, shouldn't be collecting money at all.
Retirees aren't breaking SSA. Not only is far more money coming in than going out to retirees, but the resources needed to manage that program is meager by government standards. It's not difficult to determine whether someone has reached retirement age.
The dumb part is that so many other "disenfranchised" have been added to SS benefits. While these people may indeed need financial help, USG already has a welfare program, loaded with "professionals" whose job is to determine whether applicants qualify for benefits. Running two separate programs simply duplicates the work, the amount of workers, and the amount of inevitable waste. Let Musk work on that.
At $65/day, which is pretty accurate for me at least, it will take 17 years for me to collect the principal that was stolen from me. Then I start collecting the interest that was supposed to have been compounding for over 50 years. There's no way that I will live long enough to collect all of that money. I wish they would simply dump a lump sum, principal and interest earned, on each retiree, but that's not how the Ponzi scheme works.
I sincerely doubt that Musk or Trump or anyone will go after retiree returns of principal and interest. My guess is that they will cut benefits for non-retirees and maybe clean out those who, like my college roommate who collected a monthly check from SSA despite being the son of a Greek shipping magnate, shouldn't be collecting money at all.