The eternal boomer strikes again, they really are raiding the public coffers for one last run…
>>62108788Wasn't the population increase meant to support the pensions? Lmao
>>62108788Trump better cut social security
>>62108788are ponzi schemes a bad idea really??
>>62108788Wewph. Better watch himself.>DO NOT SHOOT THE MESSENGER
>create system where the youngest in the work force supplements older generations >aggressively jobs destroys for the sake of stock holders>wonder why social security is an insolvent Ponzi scheme
I seems that generational abuse has become normalized. If people think boomers have been harsh, just wait until the millennial reflects back the traumas they have endured at the hands of boomers tenfold on the zoomer scourge.It will be a gamified hellscape of indentured servitude designed to extract every single calorie of useful energy invested into their tortured forms. They will be forced to labor under immense stress for a merely a pittance of millenial living standards.But even with all these acts of human depravity, millennials likely won't even come close to boomer luxury. Which will motivate them to whip the zoomers even harder.
>>62108788how is this bad?the private sector could fill that void which a much higher quality service
>>62108920you pay into the scam and dont get any money out lol. obviously i dont want to pay into a ponzi. that would be great.
>>62108899We're already fucking their women as the men go sexless. It's very easy to impress a zoomette with a paid off Honda Accord.The future will be filled with 60 year old Millennials and their wives that are 15 years younger then them in a rundown 2 bedroom townhouse with a dog and a cat
>>62108923couldnt they just say anyone 18 and younger will no longer pay into state pension plans or receive anything from them and let it phase out over time?
>>62108963no because they are "pay as you go" ponzi systems. you need the under 18 to pay for you. unless you want to pay in and get nothing out. (although all ponzi do end eventually as we are seeing). the money you pay doesnt go into an account with your name on it. its given to someone retired today.
>>62108973>its given to someone retired todayWho then puts it in a nice 0% interest current account on your behalf.
>>62108973well it wouldnt lose its funding all at once. the above 18 portion would still be paying. the payments should be able to fund the liabilities and gov should be able to fund the gaps till its phased out
>Young peopleI'm a middle-aged man, does that mean that I still get a triple-lock pension?
>>62109015it would lose all its funding when people stop paying in and start taking. and you owe them for decades with zero money coming in. >gov should be able to fund the gapslike a tax on workers that goes to retired people? lolits not really complicated. as a chatbot if you need to. im not being rude.
>>62108988in the US its the Social Security Administration.
>>62108988oh you mean, they put it in the bank. sure. they do that, they spend it. who knows. its not your money anymore lol.
>>62109041>they spend it.Part of what's gone wrong with the system is that they don't.In an ideal what happens is they retire, the younger generation pays taxes to pay their retirement payments, then they use those payments to buy goods and services from the younger problem.Instead a lot of them just hoard it and leave it to pile up in none interest earning accounts.I have a retired neighborhood next door who has close to half a million pounds in savings and they still lose their shit over winter heating allowance payments (a couple of hundred pounds) and shop lift. They have other bizarre habits like going to McDonalds / KFC and asking for a free cup of hot water so they can put sachets of instant coffee they bring with them in there. Or going to places that offer free refills of tea and coffee and refusing to pay for the first drink (£1.50).So the money goes from younger people -> to them -> into zero interest accounts and stagnantes via inflation.
>>62109073>>62109073>In an ideal whatWorld>The younger problem.People, evenFrigging... Autocorrect.
>>62109033maybe u misunderstood. lets say it starts today. nobody under 18 from now on will be part of the system. but the above 18 will still pay into it and receive the benefits till that generation is gone, then the system will be phased out
>participate in society>it rugpulls you
The only justification for Boomers greed and bullshittery is that "once were gone, you can do the same to the younger generations" - its not justifiable.
>>62109089>receive the benefits till that generation is goneThe money isn't stored in a saving account for people paying into the system. It's automatically paid out to people already retired. E.g. everyone aged 18 and over would be paying for people already retired and retiring. Then when they get to retirement there'd be no money to pay for them, despite them having paid into it their whole employed life.
>>62108788Gee maybe you retards shouldn't have flooded the west with thirdie immigrants, then you wouldn't have this problem huh?
>>62108788the idea of a pension is insane lmao how good di these fuckers have it hahah
>>62108858Yes. At some point, people will want a return on their investment. But there is nothing to return.
Lack of pension will mean that families are forced to go multi-generational household again.This will cuck all the childless millennials and zoomers who have no one in old age, but that's life. Good chance the later generations notice this and course correct.Also means "feminism" and identity politics will only become a soon-forgotten anomaly of these intermittent generations, as everybody becomes far more broke and co-dependent on one another, thereby taking the business of live more seriously. Eventually old people become Elders again, out of proper multi-generational structure and desperate need. Life corrects.If you're a millennial or zoomie you're totally rekt, but this likely isn't horrible long term.
>>62109427i have $14 million of undeclared usdt in a chrome browser extension and $800k combined in a tax free savings account and first time home buyer’s account (the latter of which i havent used because I live with my parents and there arent desireable [to me] houses for sale.idk who ur talking to but its not me
>>62109464>yeah, but this likely societal trend doesn't apply to ME because [extremely fringe anecdote]Are you a hole? This is how dumb holes normally reason.
>>62108788just put the public funds into yieldmax etf sir, social security will be funded for centuries
>import a hoard of brown people hoping they would take shit tier jobs and pay into the system>find out theyre collecting 10x the gibs whites could dream>draining the system faster and now you have a brown hoard you cant escape from
>>62109487It was always about harming whites, thats the whole agenda, dispossess them of their country/community/society/nation/etc
>>62109487>he thinks this was just short-sighted bureaucratic mismanagement and not something far more sinisteroke
>>62108788Pensions are retarded.
>>62109089So someone who is 19 today pays in their whole life. Then when they turn 65, there is no one paying for them, so they get nothing. Who would agree to this? Although i guess that is what is happening, they just don't know it.
>>62109602>Who would agree to this? the voters
>>62108881Oy vey, delete this. This will not help the liberal agenda!!
>>62108788Why are the goyim so lazy?