4 ms·
It's pretty straightforward who qualifies in 2024 for the basic income guaranteed by social security.[0] 76% of recipients are white, compared to 60% of the pop
by ttyprintk 2y ago
It's pretty straightforward who qualifies in 2024 for the basic income guaranteed by social security.[0] 76% of recipients are white, compared to 60% of the population. [1] I assume someone who's collected social security for 15 years has a 80% chance of being white [2], but it's probably higher because I don't know the rates non-white seniors qualify for social security. I think that's what you're getting at.
Social security will remain solvent until 2034, which is the first year Gen-X will start retiring. The age bracket for people who are now 48 is closest to 50/50 white. When they retire, in 2041, the entire nation will coincidentally pass 50/50. I think those stats are enough for the GOP to abandon social security in the long term.
[0] The Social Security Administration
https://www.ssa.gov/policy/docs/projections/populations.html#tableBeneficiaries2024 https://www.ssa.gov/policy/docs/projections/populations.html...
[1] Pew
https://www.pewresearch.org/short-reads/2019/07/30/most-common-age-among-us-racial-ethnic-groups/ https://www.pewresearch.org/short-reads/2019/07/30/most-comm...
[2] The Atlantic, 2018
https://archive.ph/EZ3ds https://archive.ph/EZ3ds