20 sats \ 5 replies \ @Undisciplined OP 8 Feb \ parent \ on: The Future of Social Security econ
It was built on the premise that each generation would have more people paying in.
and the lie that each generation was only taking out what they had already paid in.
They run into an interesting problem raising the age, though: it basically becomes a retirement fund for white people, given discrepancies in lifespan.
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36 sats \ 4 replies \ @Bell_curve 8 Feb
Who wants to work past age 65 regardless of social security eligibility!!!
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20 sats \ 3 replies \ @Undisciplined OP 8 Feb
You're allowed to retire before you withdraw social security. It's not unreasonable to think someone might not be destitute the moment they quit working.
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36 sats \ 2 replies \ @Bell_curve 8 Feb
Good point… so many seniors are destitute though especially in nursing homes
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20 sats \ 1 reply \ @Undisciplined OP 8 Feb
Medicaid covers nursing homes, but I agree that it's a sad situation.
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26 sats \ 0 replies \ @Bell_curve 8 Feb
Medicaid is a badge of poverty
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