I didn't realize it was TRILLIONS...I am sure I knew...it is just so unbelievable!! I remember a time you never even heard trillions. Wasn't it Clinton that balanced the budget?
Clinton "balanced" the budget by stealing from Social Security, as I recall.
Edit: Yep.
Clinton’s lock-box plan is nothing more than a scheme to use more than $3 trillion in Social Security surpluses to buy down federal debt. In exchange, the Social Security trust fund gets another $3 trillion worth of IOUs. To be sure, most Americans would rather pay down the debt than use Social Security’s surpluses to fund pork barrel projects. But make no mistake, once that money is spent – to buy down debt or fund new programs – it will not be there to cover Social Security’s long-term liabilities.
Yeah, SS is a total rip off...they take our money, invest, make a profit, then dole it out bit by bit to us and if we die , they get to keep all our hard earned money. Does it make you wonder why they want us all dead?
James 1:6,7 6 But when you ask, you must believe and not doubt, because the one who doubts is like a wave of the sea, blown and tossed by the wind. 7 That person should not expect to receive anything from the Lord.
Ditto. I’m over 60 and feel I will never see a penny of what I have contributed since I started working at age 14. In a perfect world I would love to see everyone get their initial investment back (with interest) to let us manage our own money and do away with Social Security all together. The government has never managed anything better than the private sector, ever.
I didn't realize it was TRILLIONS...I am sure I knew...it is just so unbelievable!! I remember a time you never even heard trillions. Wasn't it Clinton that balanced the budget?
Clinton "balanced" the budget by stealing from Social Security, as I recall.
Edit: Yep.
https://www.freedomworks.org/press/clintons-3-trillion-raid-on-social-security/
Yeah, SS is a total rip off...they take our money, invest, make a profit, then dole it out bit by bit to us and if we die , they get to keep all our hard earned money. Does it make you wonder why they want us all dead?
This is the biography of the current Acting Commissioner, her name is Kilolo Kijakazi. Recall that the previous Commissioner Andrew Saul was abruptly fired (i.e. refused to resign) shortly after Biden was in office.
This one line caught my interest:
I wonder what it means?
At least if you are married, your spouse gets SOME of your social security to add to theirs (I believe that's how it works)
So anyone want to guess when it goes belly up? Even though I can retire in a few or so years, I doubt I’ll see anything from it.
Even our retirement has restrictions...it's our darn money!
James 1:6,7 6 But when you ask, you must believe and not doubt, because the one who doubts is like a wave of the sea, blown and tossed by the wind. 7 That person should not expect to receive anything from the Lord.
Ditto. I’m over 60 and feel I will never see a penny of what I have contributed since I started working at age 14. In a perfect world I would love to see everyone get their initial investment back (with interest) to let us manage our own money and do away with Social Security all together. The government has never managed anything better than the private sector, ever.
Proverbs 6:31 Yet if he is caught, he must pay sevenfold, though it costs him all the wealth of his house
//>>"" LEARSI || ISRAEL ""<<\\Last, for a reason....
Time for a serious rebalance by God and given to His people who live and fear Him.