26 Mar 2025 1:17 pm
The majority of ppl take more out of SS than what they contributed. So while there is truth to your statement (“there is no SS fund”), I don’t find it as problematic as you do.Skans » 25 Mar 2025, 3:08 pm » wrote: ↑ Look, Boomers. Your social security is gone. Your elected officials and their appointed staffers spent it all decades ago. You're problem, not the younger generation's problem.
If you spent all your money on Fruitcakes, Ponzi Scams and Blow how is that anyone else's problem? You F-ed around, now you're just going to starve. Die a little earlier than you may have planned. I don't see the problem.
So, Boomers, I'm cutting y'all off. Butch-up and get back to work...... or starve. No more Social Security Ponzi Scam. Y'all are CUT OFF!!!
FOS also doesn’t seem to care about this issue even though he will probably pay way more into the system than he gets out. (Then again he said many times money is a minor priority, which is the appropos mindset)
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Let me also address an issue by the financially illiterate crowd (not you per se, just the masses):
The “if I just put my money into the stock market and let it grow instead of paying taxes for SS, I’d have way more” argument also doesn’t apply for the next 10-15 years when the SP 500 will look like the Japanese index from 1989-2009 and we revisit 1000-1500 price levels.
Enjoy the 80 - 85% decline over many years.
People will be BEGGING for Social Security back once their 401Ks are completely eviscerated, even if your looney suggestion is somehow implemented.
@Cannonpointer