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[๐Ÿ”ฅ๐Ÿ”˜๐Ÿ”˜๐Ÿ”˜๐Ÿ”˜] Is Social Security Broken?

https://old.reddit.com/r/FluentInFinance/comments/1caqpip/is_social_security_broken/?sort=controversial

Most Based Comments

Basedness: ๐Ÿ”ฅ๐Ÿ”˜๐Ÿ”˜๐Ÿ”˜๐Ÿ”˜

my father lol (248)

With regards to those who have any sway, โ€ฆ not supposedly random idiots (-29)

Basedness: ๐Ÿ”ฅ๐Ÿ”˜๐Ÿ”˜๐Ÿ”˜๐Ÿ”˜

In those circumstances you are choosing to spend more. When you're car breaks down and that's 1 or 2 whole paychecks worth, that is not a choice. (223)

It is always a choice. When I was broke and my electricity was about to be shut off I still invested once a week even if it was only $10-$25. (-17)

Basedness: ๐Ÿ”ฅ๐Ÿ”˜๐Ÿ”˜๐Ÿ”˜๐Ÿ”˜

as it should be (26)

Because the idiot Republicans and moronic Democrats have it so well under control? (-20)

Angriest Comments

Angriness: ๐Ÿ˜ก๐Ÿ˜ก๐Ÿ˜ก๐Ÿ˜ก๐Ÿ˜ก

This isn't a great example but yes it's broken. My mom worked her whole life and only gets $800 at 73 because she worked low wage jobs without a degree. Chicken and egg bullshit coz they say had she earned more. My dad died and had SSDI and my mom couldn't get it as a survivor benefit and he barely didn't meet the basic SS requirement because he did too many cash jobs during his career since the low wage jobs (a fricking TEACHER) didn't pay much before he got cancer and couldn't work more. This shit is fundamentally broken and sadly no one cares. Old people who worked their whole lives shouldn't have to live out their cars (1)

Angriness: ๐Ÿ˜ก๐Ÿ˜ก๐Ÿ˜ก๐Ÿ˜ก๐Ÿ˜ก

What โ€˜s insane, SS # used to be only for SS purposes. Now it's like a national ID. Stolen. ID stolen. Financial fraud. Yes it broken and it's just a slush fund. I'll pay in my whole life and get shit in return. Better system?: Gov takes money, same rate, and gives back at retirement to you or family at the same rate at US bonds. No one can steal. If you die your family gets it. As is. If you die, they keep it. That's a crime. Most goes to welfare and illegals who pay nothing. (1)

Angriness: ๐Ÿ˜ก๐Ÿ˜ก๐Ÿ˜ก๐Ÿ˜ก๐Ÿ˜ก

"Because you have to pay for people who didn't plan." You mean people like me and my four and a half year old who didn't plan on my wife dying of cancer. Yeah, we're such buttholes. How could we not think of you first? (22)

What your selfish WIFE didn't think about when she was freeloading with her CANCER is that u/MD28A can no longer afford his SUMMER HOME in MONTANA and now has to wake up in a MILD SWEAT in April because he FORGOT TO TURN THE AC ON LAST NIGHTHow could you SSI-collecting leeches not think of the poor BILLIONAIRES and the MILD INCONVENIENCES that they now have to SUFFER through due to paying into the SYSTEM? Do you have any idea how hard it is to remember to turn on the AC before the first day of 80 degree weather??? (3)

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He does have a point though, with inflation spiraling out of control social security gives you a lot less than just putting in an index fund would. Five dollars now will not equal five dollars 40 years from now.

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The solution is to let people opt out of SS. If someone is an r-slur who both opts out and doesn't save, then tough luck.

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all the actual productive people would opt out

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Lol all the poor people would too.

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Yes :marseyancap:

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SS is a progressive system and relies on high earners to keep itself afloat. If you let the people who miss out on the most to opt out the whole thing would collapse.

Also you'll still get bleeding hearts. Just look at our medical system. Some idiot will go without insurance, get a huge bill, then complain about the injustice.

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Make it somewhat longwinded and prevent certain groups of people (druggie felons, etc) from being able to do so

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This kills the cryptobro

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if you own your own business, you can do this

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Will it be 5 doggie coins๐Ÿค”

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Pay up zoomers. Pay for pee paw and his liquor :#marseyracistgrandpa:

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My grandfather more or less says that whenever I tell him about work :marseydarkxd: :marseyzoomerimplosion:

"Keep working you're paying my Social Security!" :marseyboomerpat:

Bro cycled on unemployment and disability forever so he's griftmaxxing :marseyretardchad:

!zoomers


Follower of Christ :marseyandjesus: Tech lover, IT Admin, heckin pupper lover and occasionally troll. I hold back feelings or opinions, right or wrong because I dislike conflict.

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The entire point of Social Security is acting as a piggy bank for the :marseymerchant: that administer it.

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Social security is r-slurred. I'm glad FDR was physically and mentally crippled. He should have gotten burnt during one of his fireside r-slur rants.

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SS is fricked anyways that shit is not sticking around.

If you wanted someone to take care of you in your old age you should've had kids.

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What kind of idiot wouldn't pay $1.9M to ensure that he won't starve to death in the streets in their old age? This boomer is being saved from being able to gamble away his life.

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Here's a hilarious statement from Jamaicans on the virtues of their partner/susu system over traditional banks

One owner was against banks "because they don't force you to save."

The last comment revealed a pattern that emerged consistently in discussions with respondents about saving. Most respondents were far more interested in joining a saving scheme that would 'force' them to save such as a partner or a work-based credit union than an institution that relies on voluntary deposits. Banks fail to provide this form of discipline which appears to be prioritised above any interest earnings that the formal financial institutions might have to offer.

https://www.gdrc.org/icm/partner-sys.html

https://en.wikipedia.org/wiki/Susu_(informal_loan_club)

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Mexicans do something like this called a tanda

https://en.wikipedia.org/wiki/Tanda_(informal_loan_club)

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Are you absolutely r-slurred? Literally just save your own darn money, you don't need some jackass to steal most of it and maybe give you back enough to eat rice and beans

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>literally just save your own darn money

Too hard for the poors, they need to be babysat by the government.

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Then only force the poors (blacks) into the program.

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someone has to pay more than they'll get

so many others can get more than they'll pay

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Sounds like communism.

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Uh, have you never heard of the Great Depression? This is what your government is saving you from and you don't even have the courtesy to say "thank you"??

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The depression of 1919 was worse at the beginning but fdr wasn't around to r-slur his way around and stretch it out for a decade.

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:#marseykys2:

Snapshots:

https://old.reddit.com/r/FluentInFinance/comments/1caqpip/is_social_security_broken/?sort=controversial:

With regards to those who have any sway, โ€ฆ not supposedly random idiots:

It is always a choice. When I was broke and my electricity was about to be shut off I still invested once a week even if it was only $10-$25.:

Because the idiot Republicans and moronic Democrats have it so well under control?:

This isn't a great example but yes it's broken. My mom worked her whole life and only gets $800 at 73 because she worked low wage jobs without a degree. Chicken and egg bullshit coz they say had she earned more. My dad died and had SSDI and my mom couldn't get it as a survivor benefit and he barely didn't meet the basic SS requirement because he did too many cash jobs during his career since the low wage jobs (a fricking TEACHER) didn't pay much before he got cancer and couldn't work more. This shit is fundamentally broken and sadly no one cares. Old people who worked their whole lives shouldn't have to live out their cars:

What โ€˜s insane, SS # used to be only for SS purposes. Now it's like a national ID. Stolen. ID stolen. Financial fraud. Yes it broken and it's just a slush fund. I'll pay in my whole life and get shit in return. Better system?: Gov takes money, same rate, and gives back at retirement to you or family at the same rate at US bonds. No one can steal. If you die your family gets it. As is. If you die, they keep it. That's a crime. Most goes to welfare and illegals who pay nothing.:

What your selfish WIFE didn't think about when she was freeloading with her CANCER is that u/MD28A can no longer afford his SUMMER HOME in MONTANA and now has to wake up in a MILD SWEAT in April because he FORGOT TO TURN THE AC ON LAST NIGHTHow could you SSI-collecting leeches not think of the poor BILLIONAIRES and the MILD INCONVENIENCES that they now have to SUFFER through due to paying into the SYSTEM? Do you have any idea how hard it is to remember to turn on the AC before the first day of 80 degree weather???:

/u/KeepRedditAnonymous:

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