Social Security Is on the Brink of Collapse. The GOP Won't Touch It.

submitted by Drewski from (reason.com)

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[–]SoCo 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

It's almost like letting the country's bills go to make it rain cash during Covid to desperately buy the hopeless coming election, was going to have negative consequences...

No one can reform programs anymore, without their opponents calming they are cutting/removing it. The DNC uses that same trick every-time and the GOP have before too. If someone overhauls a program, moving A to B, you instantly have all the corporate mouthpieces declaring how terrible it is that A was removed. The public fall for this every time, the old pelosi-reversal trick.

[–]notafed 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Same reason we can't get meaningfull health care reform in Canada.... too many people with vested interest in prolonging the problem.

[–]Drewski[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

archive.today mirror

[–]iamonlyoneman 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

False. It's a ponzi scheme and eventually will be plagued by lower income than outlays. THEN guess what? It's being paid by an organization that can literally invent money out of thin air. SS is going to be okay

[–]Buffalo_fart_XXVIII 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

I don't think it's going to go away but it's definitely taking a huge hit because boomers aren't dying fast enough. And it shouldn't be a safety net for people that make a certain amount of money. I for one can tell you my father should not be on it whatsoever. He's got plenty of money in the bank and enough to have a very lavish lifestyle compared to someone who would actually need it. But then it goes to the point should he pay for it then throughout his career and that's a good question, probably not.