4 ms·
Covid messed with the math a bit, but it’s amazing how precisely it was designed to run out of money. My entire life since I was a kid people were talking about
by throw__away7391 1y ago
Covid messed with the math a bit, but it’s amazing how precisely it was designed to run out of money. My entire life since I was a kid people were talking about how it was going to run out of money but none of them did anything. Now that the boomers are retiring, now they will talk about removing the cap, raising rates, lower benefits for future recipients, but they have made damn sure that their own benefits are guaranteed and that they never had to sacrifice anything to pay for them. I remember when Al Gore talked about setting the surplus aside to fund future benefits in 2000 and everyone laughed at him. SNL made fun of him. Instead they voted to cut themselves a check and added more benefits for themselves for their children to pay for.