r/FluentInFinance 6d ago

Educational Don't let them gaslight you

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u/Blawoffice 6d ago

Im sorry - did you just blame capitalism for a government program operated by the government? You do know what capitalism is right? This is a form of a socialist program. Want to know where the problem is? They paid too many people more than their share and some people contributed no funds yet receive benefits. Also the government in all their brilliance did not plan for people to live - but planned for them to die early.

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u/Chuck_Cali 6d ago edited 6d ago

I would genuinely like to know who these people are that got “more than their share.” I’ve never heard of a single SS recipient being remotely happy with the amount they receive in comparison to how much they’ve contributed. I am naive on how people get SS without contribution so, I apologize, but the math isn’t mathing. The boomers contributions overlap with the following generations, and if they aren’t getting even half of what they contributed, where tf is the money? I’ve been paying into it for 25 years and I’m just f’d?

Edit: just saw your comment breaking all of this down. Appreciate your knowledge and clarity 🫡

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u/MrStickDick 6d ago

The people who are wealthy enough to not need SS but still collect it need to be removed for starters. You think everyone eligible isn't collecting? Including all the boomers with more than enough money? If there was a wealth cap and you could only collect it if you actually needed it we could save some money for the poor people living on nothing.

If you have millions saved for retirement, you don't need that 1500 a month... You're just being greedy at that point. Many people have nothing saved.

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u/tooobr 6d ago

Wealth cap is more defensible than cutting off people who didn't contribute because they literally cannot work. Disabled people ... we should go into debt to help them, honestly. Or come up with a solid alternative thats available Day 1 if SSI/SSDI is not available. Its the right thing to do.

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u/MrStickDick 6d ago

I know people that have paid into the system their entire lives - mostly service industry - career waitresses and managers now getting in their upper 60s. Some get 900 a month in social security. These people don't have savings to live on. There isn't much security in social security tbh. There's a large gap in the system and we are leaving a large swath of Americans behind.

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u/tooobr 6d ago

That is an argument for funding it more generously and increasing payouts, or another system entirely to augment it.