The roughly 65 million retirees who collect Social Security benefits in the US will get a 8.7% increase next year, the largest bump since 1981, to compensate for the highest inflation bout in decades
Problem is the inflation numbers are made up. It's a lot more. Next month well over 9% and climbing. They just needed to hold the appearance down until the COLA decision was made.
One that I'm forced to participate in. I demanded for years to be excluded because I want to put all of my income into my own savings and investments. almost half what they take from me goes to SS and I'm being forced to put my money in an investment I want nothing to do with for the "good of society", that is a SOCIALIST program.
Still no, same as paying taxes to fund cops is not socialism or paying taxes to fund defense is not socialism. It is a contract with Society.
You can vote it gone if you like, or arrange your finances so that you don't pay, I did that for a while myself. You cannot vote socialisms gone, they don't exist as contracts, only as grift.
The job of the fed gov was to protect citizens, those are exactly the services taxes were meant to pay for. Forcing people to pay huge percentages of their income into an investment plan for retirement is socialism, just like forcing people to pay for medical insurance is socialism.
The job of the Feds is to provide infrastructures too, essentials deemed needful to a Free Society. It is not socialism to fund them, but ok, have it your way.