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Eh, as a 20 year old I've been told my whole life that I'll be paying for social security but never see the money. Same for most of my peers.
by Shared404 4y ago
Eh, as a 20 year old I've been told my whole life that I'll be paying for social security but never see the money.
Same for most of my peers.
- pydry 4y agoThis is part of the effort to kill it. If enough people believe it is a ponzi scheme, unsustainable, etc. then the political impetus to either privatize or get rid of it can be mustered. Social security is very popular among the working classes (especially retired ofc) and deeply unpopular among the upper classes who see it as a tax burden on them that makes their workers lazy.
- Jcowell 4y agoI understand this but I think a big question needs to be asked and answered: Will someone born >= 1990 who lives until retirement see Social Security? It doesn’t matter how popular it is , will we actually see it ?
- pydry 4y agoIt does depend on how popular it is. It also depends if the younger generation is prepared to fight for it or not.
- Shared404 4y agoTo be honest, I see it as a failing system that needs to be cut away amd replaced with something better (or be "reformed" if politicking requires it to keep the same name) I was just providing my experience that my generation does think about it.
- tekknik 4y agoIt’s more-so to do with the fact that the account was emptied, and now it’s a bit of a pyramid scheme. Also the board themselves saying they’re out of money in 2034: https://www.ssa.gov/OACT/TR/2021/ https://www.ssa.gov/OACT/TR/2021/ It’s a broken system.
- deleted 4y ago[deleted]
- bsenftner 4y agoI'm 57 and I've been told that my entire life too. Born in Dec. of '64, I'm technically a boomer but have only seen the economic dregs and I identify 100% as a GenX. My political birth was the Sex Pistols.