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re: Social Security and Medicare will be Insolvent in the 2030s

Posted on 10/4/23 at 7:41 pm to
Posted by One Arm Steve
Peach State
Member since Sep 2022
353 posts
Posted on 10/4/23 at 7:41 pm to
quote:

both would be fully funded for the next 50 years if they just shift that ukraine money to the SS account to pay for it


This is so wrong it makes my head hurt, yet people blindly upvote. I'm very curious where these strong isolationist feelings amongst conservatives came from. clearing our position on the geopolitical chessboard seems naive to me.

Nevertheless -SS alone pays out like $1.4T a year. That along with Medicare are far and away our biggest expenses as a nation. yes we need adults in the room to make changes but it's so politically unpalatable to do so. Raise retirement ages, uncap the the limit for earnings, etc. Or just freaking do away with it and let me save for retirement on my own, which would work much better for me.
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
63817 posts
Posted on 10/4/23 at 9:34 pm to
quote:

That along with Medicare are far and away our biggest expenses as a nation.


Not true. Both Medicare and defense spending comprise 13% of federal spending. If you don't think that defense is ripe for cuts, then you're probably a neo-con.
This post was edited on 10/4/23 at 9:35 pm
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