this post was submitted on 09 Jan 2024
242 points (83.4% liked)

News

23376 readers
1857 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

Millennials, Gen X and Gen Z say the system needs reform, an exclusive Newsweek poll found, amid fears the benefits won’t exist when they come to retire

Younger generations in the U.S., including millennials and Gen Zers, are much more likely to believe that the Social Security system needs reforming than those in their 60s and 70s, according to a recent survey conducted by Redfield & Wilton Strategies on behalf of Newsweek.

...

Some 40 percent of respondents said they believe that the Social Security program currently pays out more to retirees than it is receiving in Social Security tax payments, while 26 percent disagreed with this statement.

Gen Zers (ages 18-26), millennials (ages 27-42) and Gen Xers (ages 43-58) were more likely than boomers (59 and older) to think that Social Security should be reformed.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 10 months ago (1 children)

Run out of money?

You can just make more money, seriously.

All countries can just go into a bigger and bigger debt. It doesn’t matter, money is made up.

[–] [email protected] 2 points 10 months ago (2 children)

Money isn't "made up". It's valuable because a government will only accept it to pay taxes. You can't pay taxes with anything else. Businesses keep local currency and accept payment in it (but not foreign currency) for this reason.

There's no reason to run up debt when corporate or income taxes can be raised. The US has some of the lowest taxes in the developed world. Increasing them is only a political problem, not a financial one. This may become more obvious when the Social Security trust fund gets lower in a few decades.

[–] [email protected] 1 points 10 months ago (1 children)

No doubt you can increase taxes, sure.

You can just print more money though and give it out as social security.

[–] [email protected] 3 points 10 months ago (1 children)

You seem to understand economics at an elementary-school level.

[–] [email protected] 2 points 10 months ago

Please elaborate on what I don’t understand.

[–] [email protected] 1 points 10 months ago

Money is made up, Government is made up, Religion is made up, its all made up, lets not get lost in our own hubris of humanity on this.

We as human beings happen to have the intellectual evolution to make up all of these variously complex systems of organization. The scientific method itself is such an improvement on our made up bullshit because it created a system to test the viability of the ideas for systems we make up. Your perspective mandates all suspension of disbelief to accept it at face value without any room for nuance.

At the end of the day, a phrase itself which is just the made up concept to describe the period of our planets revolution in which light from our star is no longer visible from our line of sight perspective, stacking economics and government spending on top of imaginary debt has an instinctual feeling of wrongness even before trying to systemize that feeling into our made up definitions of ethical/morality/legal systems.

Welcome to humanity, where everything is made up and the points dont matter unless you perceive them in a way that matters. I swear I'm not high right now.