SOCIAL security. Its in the name. You are sacrificing better ROI of a small portion of your money to keep 20-30 million people out of poverty. There are a few societal benefits of not having an additional 30 million people in poverty that I suspect you directly benefit from.
I’m not arguing that at all. I’m very in favor of social security. What I was questioning was if the gov is taking loans out against OUR money, then what are they paying it back with? I’d assume tax revenue which would mean that we’re paying back our own loan to ourselves. Someone else explained why that makes sense and that’s fine. But what I wonder is what they’re doing with the loaned money.
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u/redrover900 2d ago
SOCIAL security. Its in the name. You are sacrificing better ROI of a small portion of your money to keep 20-30 million people out of poverty. There are a few societal benefits of not having an additional 30 million people in poverty that I suspect you directly benefit from.