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valleyrogue

(2,746 posts)
7. JFC. Social Security CAN'T go "insolvent."
Mon Oct 21, 2024, 11:00 PM
Oct 2024

That is the biggest g.d. lie the media keep repeating. No federal government program can go "broke." The reason has to do with the simple fact the government can print its own money. The federal government cannot "go broke." Besides, any supposed "shortfall" can be paid out of the general fund, just as SSI is funded.

The right-wing attacks on Social Security and Medicare have nothing to do with "insolvency." It is motivated by not wanting to pay the FICA and Medicare taxes on the part of corporations.

In other words, it is all about greed.

Recommendations

4 members have recommended this reply (displayed in chronological order):

We must sacrifice anything if only fake billionaires Johonny Oct 2024 #1
In 6 years. 4 years earlier than expected CousinIT Oct 2024 #2
"...want to raise retirement age to 70." markodochartaigh Oct 2024 #14
The old saying: CousinIT Oct 2024 #18
VP Harris needs to come out strong in opposition to this bullshit MichMan Oct 2024 #3
Absolutely. n/t CousinIT Oct 2024 #19
Hysterical hand wringing hyperbole ..... anciano Oct 2024 #4
President Trump's proposals to eliminate taxation of Social Security benefits, end taxes on tips and overtime, applegrove Oct 2024 #5
All these are backdoor ways to defund Social Security. They have a double-pronged plan... CousinIT Oct 2024 #20
It's a sacrifice he is willing to make. NameAlreadyTaken Oct 2024 #6
JFC. Social Security CAN'T go "insolvent." valleyrogue Oct 2024 #7
I don't believe Trump actually HAS a plan for Social Security B.See Oct 2024 #8
Destroying social security is a Republican wet dream-are you suckering for Trumps proposal? Stargazer99 Oct 2024 #9
Please explain more. applegrove Oct 2024 #10
VP Harris has also said she favors not taxing tips. MichMan Oct 2024 #12
I'm in favor of this as well DeepWinter Oct 2024 #15
Spread this far and wide dalton99a Oct 2024 #11
I don't understand why newdayneeded Oct 2024 #13
Kick. N/T Upthevibe Oct 2024 #16
No they won't, they'll steal the whole thing. nt Hotler Oct 2024 #17
NO catrose Oct 2024 #21
What a piece of shit! The GOP are nothing more than robber barrens. ffr Oct 2024 #22
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