Quote Originally Posted by Daly View Post
Quote Originally Posted by mickeycrimm View Post

For decades there was a surplus. Supposed to go into the SS Trust Fund. But most of it was stolen. SS went into deficit in 2021. The difference is being paid by the Trust Fund. The fund is scheduled to deplete in 2033. At that point the amount coming in will cover only 80% of what’s owed to retirees. So as it is SS recipients will take a 20% cut in 2033. Which means the system will still be separate from the general fund.

Adjustments need to be made but politicians are avoiding it for now. The Projected 70 million recipients in 2033 will be a huge voting bloc. Politicians will take up the cause. It will most likely be a very big campaign issue in 2032….unless something is done about it before then.

You know how you fix that? You raise the FICA%. You know what US companies can't do now?? Say fuck it I am moving these jobs to Vietnam because of the Tariffs.
You can continue to aggressively raise the FICA cap

You could encourage immigration to support the retired or millenials to fuck and raise children instead of dogs. You’ll have better luck with immigrants