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Gen X has been saying this since the 80s, nobody listened.
Boomers have been saying this since the 60s and continue to say it even as they cash their latest round of checks.
Social Security is crazy popular. Even marginal trimming around the edges is politically suicidal. The only way to end the program is for Congress to shut down the agency and end the distributions. That's not going to happen so long as elections are even remotely contestable. Its the third rail of politics for a reason.
I would predict a military dictatorship before I'd predict an end to SS. One is practically a prerequisite for the other, and even then it would be dicey.
It doesn’t have to end as a formal killed program.
It just has to continue unchanged, as an UNFUNDED mandate.
The elected officials who have to choose between tapping into the general fund and telling 70M people they don't get a full SS disbursement is going to be in a tight spot. Especially when we're just shitting money over the wall to a dozen ongoing military disasters.
Boomers waging a protracted people's war from their winter homes in the everglades
Who?
I often wonder if conservatives feed this (granted justified) pessimism in order to get younger generations to not fight for social security.
You'll never guess who helped make that possible.
hexbear emoji
The actor?
I was just about to post this.
I’m 37 and have long believed I will never actually be able to retire, and yet a large chunk of what I earn goes to so called retirement!
This was the story from W's days.
They saw how fucked thier parents got growing up every step of the way.
Gen Z? Try Gen X. We're pretty sure that money will run out or be stolen before we retire, long before our kids ever get to retirement age. I mean the politicians have been telling us they're going to steal that money our entire lives.
: "Taxation is theft and we must abolish it, but don't let that get in the way of me helping myself to the tax dollars you pay. It's not theft when poors get taxed for the benefit of their betters."
Sam Seder is rolling in his grave right now
I've been hearing that social security is gonna run out by 2040-2050 for the last 25 years. Of course they wouldn't think they would have it.
I doubt it actually will, because if it ever does the country will turn into Mad Max. And, if that ever happens groups with any military acumen will eat the rich like a Costco Chicken.
Nearly half of Gen Zers are smart cookies.
I see a bright future for them intelligently and productively contributing to society well into their twilight years.
Their twilight years are the 2040s, when we activate Clathrate triggers
This is the best summary I could come up with:
Almost half of Generation Z adults said they don’t expect to get any of the Social Security benefits they’ve earned, according to a survey.
In a survey released Tuesday by the Nationwide Retirement Institute, 45 percent of Gen Z adults between the ages of 18 to 26 said they expect to not “get a dime” of the benefits they have earned.
More older Americans also expressed concern that Social Security could run out of funding in their lifetimes, with 75 percent of respondents aged 50 and older sharing that concern in the survey, up 9 percent from roughly a decade ago.
The fate of Social Security drew significant attention around Capitol Hill earlier this year as Republicans and Democrats warred over how to tackle the nation’s climbing debt, which stands at more than $32 trillion.
Instead, 49 percent of respondents pushed for tax increases on higher earners to pay for the program.
The sample data is accurate to “within plus 3.0 percentage points using a 95 percent confidence level,” the survey notes.
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this post was submitted on 23 Aug 2023
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