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it doesn't take much to check the facts. you can argue all you want, but facts are facts. The Baby boomer gen is living off the teat of the Gen X, Y and Z generation. Your gen payed little in taxes over several decades (not just SS) and spent much borrowing money that our generation will have to pay back. Gen X is not ...more
welfare is a different category and isn't in the same fund. Also welfare makes up a tiny portion of the budget.
disability SS is payed in by the same fund as SS. If you never payed in, they you can't collect.
The main problem is that under the current system you get your money you paid in and then much more and as he explains it is the younger generation that will be paying the bill for it.
SS Was never meant to be survived on . It is only 1 leg on the stool. A stool will not sit stand with 1 leg and you should not expect other to support you if you didn't take personal responsibility for your retirement throughout your life. I have no problem with senior receiving what they paid into the system over the...more
problem is the average pay in around $598,000 in their lifetime but will withdraw $750,000 through SS and Medicare. Someone has to pay the difference and it is the younger generation.
12 million is peanuts vs how many lives effective camo can save. People need to take into account the magnitude of the effect vs the cost in this article.
Musk is amazing.! Though the company stock will definitely crash because it is trading way to high. Everything this guy touches turns to gold it seems. Telsa has a pretty good business plan and in 5 years, the plan is to have perfected the technology and manufacturing enough to offer sub 30k cars which everday buyers c...more