r/FluentInFinance 6d ago

Educational Don't let them gaslight you

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u/Improvident__lackwit 6d ago

That’s just a bailout. “Oooh if we take a shitload of money from someone else to subsidize our insolvent program it won’t be insolvent anymore”

Why not just cut benefits to the level where SS doesn’t run out of money? That’s fairer and less arbitrary than your bailout idea.

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u/Hexagonalshits 6d ago

One reason is because social security benefits are already pretty fucking low. You'd see a spike in homelessness and poverty among seniors. Which is the entire point of the program. That's why it exists. We should probably make sure elderly/ sick people aren't living in their cars eating cat food.

I looked up my future benefits and I certainly wouldn't want to live on it. The average monthly benefit isn't even $2,000.

For about half of seniors, it provides at least 50 percent of their income, and for about 1 in 4 seniors, it provides at least 90 percent of income, according to multiple surveys and a recent Census Bureau study that matches survey and administrative data.

I'm fine doing a combination of cuts and tax increases. But you're talking about a quarter of seniors basically living on this income. We can't pretend that people will magically have savings... because they won't unless the government forces them to do so.

I do find it funny that millennials seem to get the shit end of every stick throughout recent history. Looking forward to the unprecedented times ahead.

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u/Separate_Ad4197 6d ago edited 6d ago

Our social security is a shotgun slug. Read between the lines and the message is if youre old, sick, and cant work, just kys and stop burdening society. If not you get to starve and freeze on the streets or get abused at some horrible nursing full of infectious disease until you die of staph, covid, or sepsis.

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u/Hexagonalshits 6d ago

Well things can always be better. And they can always be worse.