Same old tactic. The usual is not the VA but Social Security. The Republicans are going to cut Social Security has been their go to for decades. This is just another lame attempt to use fear to herd the sheeple.
I doubt they will cut Social Security for the elderly. They might cut the funds from Social Security that are diverted into areas that have nothing to do with supporting the elderly in their retirement.
When I was a university student, a fellow I knew had his college education paid for by Social Security because he was a "late baby" and his parents were long retired by the time he hit university age.
Now this fellow...oh brother! He eventually ended up with several "career paths" as a result of his various educational forays. One of them would have given him a six figure annual salary, one of them would have given him a steady but modest income, and the third was in a creative field which depends mostly on luck -- so that may have netted him a living (or maybe not).
After all this "education" -- the jackass married a girl who came from a wealthy family (and had a job that would guarantee her a modest income) and proceeded to sit on his duff for most of his life while she brought home the bacon.
All this Social Security funded education went for nothing because he did nothing with it. I often wondered if it was because his dad never worked when he was growing up (being old and already retired). It wasn't as if he had the best male role model for gainful employment to emulate.
Anyhow -- this is the kind of thing they'd probably cut out. Paying college tuition for the children of retired people.
NOTE: This was in the 70's. I assume they still do things like this.
They never intended to cut Social Security. Saying the Republicans are going to cut it is just a fear mongering tactic Democrats use in every election.
They should reform it and start a new system. Mandatory investment instead of taxing into the SS pool. At least them you would own and control your own retirement accounts
Ummm no. Your friend would only be eligible for benefits until 18 or 19 if he was still attending high school. His parents probably saved his benefits checks.
I only know what he told us at the time. And that was that his tuition (private university, not public) was paid by Social Security. Nobody thought anything of it at the time. Our group was in our late teen/early twenties. So such things didn't really matter to us.
We just thought it was a waste of money when we truly became adults and he never worked a day in his life after attaining the equivalent of three degrees in unrelated fields.
Social security is draining itself by paying out more than it puts in.
It needs to be reformed into something more like a mandatory 401K.
It really sucks, young people probably won't get the money back. And even if they do, it will be for a comparatively low return compared to any self investment of the same funds. And they might print a lot of money to make these payments. Which reminds me of the shit that went down in Greece.
Same old tactic. The usual is not the VA but Social Security. The Republicans are going to cut Social Security has been their go to for decades. This is just another lame attempt to use fear to herd the sheeple.
I doubt they will cut Social Security for the elderly. They might cut the funds from Social Security that are diverted into areas that have nothing to do with supporting the elderly in their retirement.
When I was a university student, a fellow I knew had his college education paid for by Social Security because he was a "late baby" and his parents were long retired by the time he hit university age.
Now this fellow...oh brother! He eventually ended up with several "career paths" as a result of his various educational forays. One of them would have given him a six figure annual salary, one of them would have given him a steady but modest income, and the third was in a creative field which depends mostly on luck -- so that may have netted him a living (or maybe not).
After all this "education" -- the jackass married a girl who came from a wealthy family (and had a job that would guarantee her a modest income) and proceeded to sit on his duff for most of his life while she brought home the bacon.
All this Social Security funded education went for nothing because he did nothing with it. I often wondered if it was because his dad never worked when he was growing up (being old and already retired). It wasn't as if he had the best male role model for gainful employment to emulate.
Anyhow -- this is the kind of thing they'd probably cut out. Paying college tuition for the children of retired people.
NOTE: This was in the 70's. I assume they still do things like this.
They never intended to cut Social Security. Saying the Republicans are going to cut it is just a fear mongering tactic Democrats use in every election.
They should reform it and start a new system. Mandatory investment instead of taxing into the SS pool. At least them you would own and control your own retirement accounts
Ummm no. Your friend would only be eligible for benefits until 18 or 19 if he was still attending high school. His parents probably saved his benefits checks.
I only know what he told us at the time. And that was that his tuition (private university, not public) was paid by Social Security. Nobody thought anything of it at the time. Our group was in our late teen/early twenties. So such things didn't really matter to us.
We just thought it was a waste of money when we truly became adults and he never worked a day in his life after attaining the equivalent of three degrees in unrelated fields.
Yeah- they’re gonna push grandma over the cliff!
Social security is draining itself by paying out more than it puts in.
It needs to be reformed into something more like a mandatory 401K.
It really sucks, young people probably won't get the money back. And even if they do, it will be for a comparatively low return compared to any self investment of the same funds. And they might print a lot of money to make these payments. Which reminds me of the shit that went down in Greece.