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Social Security Benefits to Be Slashed by 23 Percent: Here's Why

POLITICS: Social Security Benefits to Be Slashed by 23 Percent: Here’s Why – Video



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What Do You Think?

  1. I notice that the SSA set up in 1933 by FDR, will go under at the 100 year mark, due to the followers of FDR not keeping his child alive. Truly a mind-blowing example of how the ' Demmocommies ' have made a total mess of everything they touch, and knowing that we will see so many other things go under in very Spectacular fashion I will have a certain satisfaction of knowing that when the deep blue full of the real zombies I will watch for the time the cameras are still working. And I have a record of the blunders recorded for posterity to use in teaching the children why they want to be and stay hard core conservatives and not make that mistake.

  2. I need to post this as a stand alone.
    FDR used his wonderchild to fund WWII, he knew the war was a sure thing and the SSA was how he accumulated the cash cow to fund it, and did not return the money when the war was over.
    Truman did not replace the war fund as he was not the one who signed to allow it and used the fear of war with the USSR to keep drawing to build the new Dept. of Defense.

  3. If We're not going to receive SSI why tf would anyone pay the Fed?? Why don't we turn this over to our "states", and apply "term limits"???? Drop/Fire the Fed! States may not be 100% honest, but Governor's tend to care much more about those who elect them! Every 2 years!!!

  4. Hate to correct him. There is no trust fund. After social security is paid out, any excess is spent (or wasted) by the government. The treasury bonds are not investments, but IOUs in reality.

  5. As houses get more expensive less kids are born, less people supporting the retirees, the system breaks. Immigration doesnt work as they send all of their money home to families

  6. What about the one that payed all thier life and then die and never claim thier social security especially the ones that are single where dosethat go my mother only collected two check and then died and my father had to pay back one of them I think should aside in your own account only for you and not for everyone to dip thier fingers into it

  7. Every Presidential election Democrats say the Republicans are going to take SS away or reduce it as a ploy to get you to vote for them. Nothing has Ever Happened to SS. Trump said he would increase it . Stop the Fear mongering about SS.

  8. Serious question. I thought Trump's plan was to eliminate the tax on social security withdrawals, which is pretty high right now correct? Kamala is planning other benefits too, but removing taxes would basically double your benefits.

    Of course how anyone could possibly pay for that, I have no idea. Trump's tariff bumps will simply be passed along to citizens paying for goods. The cost of living will go up 25+ percent. Harris will raise taxes slightly in general but won't touch import export.

    Kabooku theater indeed!

  9. Social Security is often referred to as an entitlement program. It isnโ€™t. It is a tax program and is funded by F.I.C.A taxes. I worked from SS administration for 28 years. I remember having to respond to a man who complained about paying into SS his entire life and he thought his benefit was too low. After a calculation, I wrote him back and said he received all of his contributions back within 7 years. This is no longer something that will happen for later retirees. By the way, the retirement trust fund is separate from the disability trust fund. The highest benefit is paid to disability beneficiaries who are disabled before age 25, because they had higher earnings than someone who started working in the 60โ€™s or so. And they also had to work only 18 months to be entitled! Now, if one really looks into it, when SS started, it met the definition of a Ponzi scheme. The FICA tax collected by current workers supported the people already retired. The number of workers versus retirees has declined drastically with the reduction in family size, etc. Imagine of even a portion of those 65 million babies ended through abortion were alive, working and paying into the trust fund. Anyway, one of the biggest problems, and what we were told before I retired 14 years ago, 1/3 of workers will file for disability before reaching retirement age. A lot of disability is obesity related, plus some disabilities are what people used to work in spite of having.

  10. Three trillion dollars stolen from Social Security funds in the 2008 business. It funded the Viet Nam war. LOTS OF BORROWING FROM THE FUND THAT WAS NEVER REPAID.

  11. It has to collapse eventually. All Ponzi schemes do.
    Especially when BILLIONS of dollars are given away to illegals.
    ALL the money comes from the general Treasury and we are BROKE.

  12. Seems like briberyโ€ฆ vote for me and you will get moneyโ€ฆ no vote for me and you will get even more moneyโ€ฆ

    We should be running in policies of vote for me and pay less taxโ€™s. Vote for me and we will build better roads and new highways. Vote for me and Iโ€™ll get the cost of medical insurance down. Vote for me and energy costs will go down. All things that Americans can find useful as a whole and not individual interests.

    We are turning into a nation of corruption. Iโ€™m just gonna run for president and tell everyone vote for me and Iโ€™ll give everyone a new home. Than after 4 years Iโ€™ll just say I keep getting blocked by politics ๐Ÿ˜‚ Iโ€™m sure if you vote for me for my second term Iโ€™ll make some progress

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