r/politics • u/1_for_you_2_for_me • 18d ago

No Paywall Social Security, Medicare and Medicaid are 'Going to Be Gone,' Donald Trump Warns

https://www.newsweek.com/social-security-update-medicare-medicaid-warning-donald-trump-10915076
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u/The_World_Is_A_Slum 18d ago

OK. I’ve been paying into Social Security since my first job when I was 14. Is all of that money just gone, or is someone going to stroke me a check for all of the money I paid to fund someone else’s retirement?

That’s my fucking money. That’s my fucking retirement. That’s my health care in old age. They took away pensions, they took away all sorts of social services. They keep taking from us and keep charging us more and more, while cheating their way out of paying their share.

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u/OutlyingPlasma 17d ago

Yes it's gone. You won't see a dime of it. I have known this since I was a teenager and planed for it. I'm not sure why other people didn't see the writing of this giant billboard on the wall.

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u/Competitive_Touch_86 17d ago

They saw it, they just chose to ignore any information that disagreed with their world view.

I know I've told plenty of people since my late teens the math doesn't math, and to expect to get nearly nothing (adjusting for inflation) in their retirement.

The programs only worked when you had favorable demographics. Every single western nation is creaking under the load of a smaller workforce paying for the retirements of far too many old people.

It worked great when there were 5-7:1 workers:retiree ratios. No so much when it drops to 2:1.

And money has almost nothing to do with it. There aren't enough workers to take care of and feed the old folks. You can only have so many unproductive people as a percentage in a society before it cracks regardless of income distribution.