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re: Social Security has 6 years left, cut benefits or raise taxes?

Posted on 3/20/26 at 2:19 pm to
Posted by Jake88
Member since Apr 2005
79936 posts
Posted on 3/20/26 at 2:19 pm to
quote:

 American culture sadly doesn't take care of our elderly like other countries
Did those elderly take care of themselves or did they let the money they earned burn a hole in their pockets?
Posted by Scruffy
Kansas City
Member since Jul 2011
77260 posts
Posted on 3/20/26 at 2:20 pm to
Every response further proves my point.

All of the “conservatives” on here are willing to reform it only if they get theirs.

It is greed.

They give zero shits about their children.
Posted by Dire Wolf
bawcomville
Member since Sep 2008
40341 posts
Posted on 3/20/26 at 2:21 pm to
quote:

American culture sadly doesn't take care of our elderly like other countries. We'd have a lot of homeless and destitute old people out there.


Disneyworld wouldn’t exist if olds weren’t paying for their grandkids to go
Posted by Y.A. Tittle
Member since Sep 2003
110939 posts
Posted on 3/20/26 at 2:21 pm to
quote:

They've been saying this since the late 80s


The whole idea of there actually being a "Social Security Trust Fund" has been a fiction for longer than that.

Fact is, as long as basically every Western/First World nation has something similar (they all do, of course) we will have Social Security.

If I were allowed to cast a vote today to end it and walk away with zilch, I certainly would. I understand reality, though.
Posted by Scruffy
Kansas City
Member since Jul 2011
77260 posts
Posted on 3/20/26 at 2:22 pm to
quote:

If I were allowed to cast a vote today to end it and walk away with zilch, I certainly would. I understand reality, though.
Well, yea.

It is an impossible task, as we can clearly see from the responses in this thread.
Posted by Mushroom1968
Shreveport
Member since Jun 2023
6283 posts
Posted on 3/20/26 at 2:24 pm to
I'm not a boomer, but lots of bashing them in this thread. Ya'll understand boomers didn't start social security, don't ya'll?
Posted by Scruffy
Kansas City
Member since Jul 2011
77260 posts
Posted on 3/20/26 at 2:26 pm to
quote:

I'm not a boomer, but lots of bashing them in this thread. Ya'll understand boomers didn't start social security, don't ya'll?
Absolutely, but they are a massive voting block that could clearly reform it for the betterment of their children.
Posted by RVparklsu
Member since Feb 2026
175 posts
Posted on 3/20/26 at 2:30 pm to
quote:

Scruffy



You don't deserve shite
Posted by Sp0728
Your head
Member since Aug 2018
2332 posts
Posted on 3/20/26 at 2:31 pm to
How about we stop sending money to other countries ?
Posted by Mushroom1968
Shreveport
Member since Jun 2023
6283 posts
Posted on 3/20/26 at 2:31 pm to
quote:

Absolutely, but they are a massive voting block that could clearly reform it for the betterment of their children.


Well, sure, but so can Gen X (me), and millennials are now in their mid-40s, even. Plenty of powerful people of all generations. Once boomers all die off, it will probably calm the burden somewhat. I'm not wishing for that b/c only a jack arse would, but once they do, it will ease up our healthcare and ss issues a little. There are just so many of them, hence "baby boomers."

fwiw, I am retired from the fire service, I won't be getting SS, or if I do, it will be small from working side jobs where I did pay in a little. I don't care that I won't get any, just saying.
This post was edited on 3/20/26 at 2:34 pm
Posted by VADawg
Wherever
Member since Nov 2011
48390 posts
Posted on 3/20/26 at 2:31 pm to
quote:

Without googling, tell me how much you think SS has vs estimates of fraud and abuse


No idea how much SS has, but between Medicare billing scams, money being ciphoned into policitians' pockets, and various other boondoggles, I would guess the amount of fraud and abuse is way, way over a trillion dollars.
Posted by McLemore
Member since Dec 2003
35323 posts
Posted on 3/20/26 at 2:31 pm to
quote:

If the older generations didn’t plan well enough to survive without that Ponzi scheme, too bad.


I have been paying into it since I was barely a teenager. Nearly 40 years. Why would I be ok with this even though I’m not even factoring it into my retirement income/savings?
Posted by rattlebucket
SELA
Member since Feb 2009
12855 posts
Posted on 3/20/26 at 2:32 pm to
quote:

Gotta raise the minimum eligibility age too.


Im close to 50. Im not expecting the thieves in dc will actually protect this for me by 62 however im owed this. Im retiring at 62 regardless but it's not fair to move the goal posts on me know. Phase it for younger generations. Its a lot easier pill to swallow to say SS starts at 67 for a 30 yr old than me who is 12 yrs away…
Posted by Philzilla2k
Member since Oct 2017
12749 posts
Posted on 3/20/26 at 2:36 pm to
quote:

Social Security has 6 years left, cut benefits or raise taxes?

They will cut benefits by raising retirement age.
Posted by Odysseus32
Member since Dec 2009
10042 posts
Posted on 3/20/26 at 2:39 pm to
quote:

This is stupid... while am no Boomer fan by any means, they, just like us were forced into that crap program. So your solution is to take all their money from 30-40 years and say frick it, too bad for you?


Any different than they are doing to younger generations?

Locking up equity in their homes

Selling small businesses to PE Firms

Voting for the very shite they opposed when they were young

frick em
Posted by Scruffy
Kansas City
Member since Jul 2011
77260 posts
Posted on 3/20/26 at 2:40 pm to
quote:

You don't deserve shite
I don’t want shite.

Posted by UpToPar
Baton Rouge
Member since Sep 2008
22970 posts
Posted on 3/20/26 at 2:43 pm to
quote:

This. But I would say that there should be no cap. You continue to pay 6.2% on all W-2 income.


Or....we can stop playing daddy government and let people keep their hard earned money and invest it how they please.

Obviously a wholesale abolishment will never happen, but you should be able to opt into or out of SS. I would happily opt out tomorrow even if it means losing what I've already contributed. Phase this shite out.
Posted by Dire Wolf
bawcomville
Member since Sep 2008
40341 posts
Posted on 3/20/26 at 2:43 pm to
quote:

This is stupid... while am no Boomer fan by any means, they, just like us were forced into that crap program. So your solution is to take all their money from 30-40 years and say frick it, too bad for you?


Whatever must happen ultimately should happen immediately
Posted by ThatTahoeOverThere
Member since Nov 2021
4976 posts
Posted on 3/20/26 at 2:53 pm to
How about we just stop giving it to other countries
Posted by Birdie225
Bottom of the map
Member since Mar 2007
2166 posts
Posted on 3/20/26 at 2:59 pm to
I’ll hold my breathe for my refund….
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