Trump’s endgame: Privatize Social Security, then watch it collapse

[Homelander]

What could possibly go wrong with one of the most corrupt, incompetent, and disgraceful administrations since 2017 running the show?

 

Why the hell are we letting these low-IQ rejects butcher Social Security after they’ve already gutted Medicare and Medicaid?

 

It’s a damn disaster waiting to happen, and Americans are going to suffer.

 

 

 

 

[JDHillFan]

Dang. I thought the end game was becoming king or handing the country over to Putin. If SS privatization is actually the end game it’s a little disappointing. 

[Big Blitz]

Good.

 

$1000 (you can add to this) for 60 years in the stock market minimum will turn into $600,000 - if you add to it that can become millions.   
 

No more SS taxes.  Investment in America thus you care about its success.
 

You can do with it what you will.  College.  Home purchase.  

My God the horror.   
 

 

 

And 60 years from now AI robotics and tech won’t require outdated government run retirement schemes - which social security is.

They used to say “if you aren’t a liberal when you’re young you’re cold in the heart and if you aren’t conservative when you’re older you are dumb in the head.”   
 

 

What does it mean that the young are all conservative?   What will they be when they’re older?  

 

 

 

Highly unlikely it’s going to be “daddy tax me harder.”   
 

These kids want their money.  Because they’re broke and can’t afford anything.   
 

They are open to hearing superior options to government run SS.  

[JDHillFan]

[Wolfgang]

 

[aristocrat]

Isn’t ss scheduled to run out in less than a decade?

[JDHillFan]

 

 

the doors be closing on SS.
 

ANYTHING TO DISTRACT US FROM EPSTEIN  

 

TYFYATTM

[reddogblitz]

8 hours ago, JDHillFan said:

 

I laughed at it at the time too, but Al  Gore was right.  But his opponent who won wanted to privatize social security and it bombed.  And here we are.

[JDHillFan]

3 hours ago, reddogblitz said:

 

I laughed at it at the time too, but Al  Gore was right.  But his opponent who won wanted to privatize social security and it bombed.  And here we are.

Where would social security be today had Bush been able to make it happen?

[Joe Ferguson forever]

14 hours ago, Big Blitz said:

$1000 (you can add to this) for 60 years in the stock market minimum will turn into $600,000 - if you add to it that can become millions.  

not even close.  why do you tell verifiable lies?

https://www.calculator.net/investment-calculator.html?ctype=endamount&ctargetamountv=1%2C000%2C000&cstartingprinciplev=1%2C000&cyearsv=60&cinterestratev=5&ccompound=annually&ccontributeamountv=0&cadditionat1=end&ciadditionat1=monthly&printit=0&x=Calculate#calresult

 

adjust for inflation and your not gonna be able to go on a decent vacation for 3 weeks.

and how are you going to add to it when you're saving for a house (which is the most sensible early investment).

 

if this happens many gen z's will be eating dog food and losing all their teeth at 60

[JDHillFan]

6 minutes ago, Joe Ferguson forever said:

why do you tell verifiable lies?

[Joe Ferguson forever]

6 hours ago, reddogblitz said:

 

I laughed at it at the time too, but Al  Gore was right.  But his opponent who won wanted to privatize social security and it bombed.  And here we are.

privatizing social security was reasonable when 50% of citizens weren't living paycheck to paycheck.

 

correction: 63%

from investopedia

Data from Zippia, a career-focused website, showed that 63% of Americans were living paycheck to paycheck as of September 2022, including 40% who earned over $100,000 per year.

Edited Thursday at 01:38 PM by Joe Ferguson forever

[Wolfgang]

2 hours ago, Joe Ferguson forever said:

privatizing social security was reasonable when 50% of citizens weren't living paycheck to paycheck.

 

correction: 63%

from investopedia

Data from Zippia, a career-focused website, showed that 63% of Americans were living paycheck to paycheck as of September 2022, including 40% who earned over $100,000 per year.

 

 

 

 

[Joe Ferguson forever]

3 minutes ago, Wolfgang said:

 

 

 

 

I don't have a paycheck anymore.  Don't need one.  So there's that....

[Wolfgang]

1 minute ago, Joe Ferguson forever said:

I don't have a paycheck anymore.  Don't need one.  So there's that....

 

 

 

 

 

[reddogblitz]

6 hours ago, JDHillFan said:

Where would social security be today had Bush been able to make it happen?

 

I don't know because Bush couldn't make it happen.

[JDHillFan]

6 minutes ago, reddogblitz said:

 

I don't know because Bush couldn't make it happen.

It was a hypothetical. I suspect most people would have been quite pleased. 

[reddogblitz]

3 minutes ago, JDHillFan said:

It was a hypothetical. I suspect most people would have been quite pleased. 

 

That's nice.  But we'll never know since Bush couldn't pull it off.  He got his war. He should just be happy with that.

[JDHillFan]

3 minutes ago, reddogblitz said:

 

That's nice.  But we'll never know since Bush couldn't pull it off.  He got his war. He should just be happy with that.

Awesome response 

[Homelander]