how do you think they're going to solve the social security benefits cliff? unless something is done, benefits will be cut by 20% beginning in the year 2032.
>>540291554>how do you think they're going to solve the social security benefits cliff? unless something is done, benefits will be cut by 20% beginning in the year 2032.They wont, they will claim everyone is rich from how well the country is doing and that Social Security can go away on its own.
>>540291615That would probably be better than kicking the can down the road by increasing taxes on Social Security or whatever
>>540291554Too many boomer grannies, and too many illegal niggers and browns are getting benefits. We will find millions of illegals who shouldn't be getting Social Security benefits, who stole or bought died boomers SSN numbers etc. For example if the guy is a jeet, coming from India, 50% chance he/she shouldn't be getting benefits . Easy database run - find all who came from India, analyze their benefits closer.
>>540291773max IQ to believe this is why social security is approaching insolvency?
>>540291688>That would probably be better than kicking the can down the road by increasing taxes on Social Security or whateverNo, they should raise the Max Contribution level, and make it means tested.Millions in the stock market, no gambling money for you from Social Security, come back when you have no more money left.
>>540291773>For example if the guy is a jeet, coming from India, 50% chance he/she shouldn't be getting benefits .>Easy database run - find all who came from India, analyze their benefits closer.Yup I remember seeing some bullshit news story about ICE dumping some fucking Bengali 'Refugee' who was blind and he died after release.That was my thought and comment why do we bring these people to be here who are obvious drains on society, who approved a blind brown guy to come here, his family wanted him for the gibs.
i dont think they solve it, it sucks to be the post trump president though
>>540291878i think the most likely outcome is a combination of raising the contribution base slightly (maybe $250k instead of $180k), raising the minimum retirement age to 65, and importing several million more young shitskin workers to pump contributions.
>>540291554They won't solve it, and the 20% benefit cut will happen.Nobody will do anything until the last minute, because there are no politically popular solutions. Then, when it's too late to avoid the matter, the Democrats will propose raising taxes, which the Republicans will block, while the Republicans will propose raising the retirement age, which the Democrats will block. It'll go back and forth like this throughout 2032, probably with a few government shutdowns, then the benefit cut will happen and both sides will blame the other for blocking the solutions.
>>540291554We dont. We just let it collapse go through a tough decade and then prosper when things are freed up
>>540292158i have no idea what you're trying to say, but it sounds nonsensical.
>>540291554It's already solved. Built into the program is some rule about cutting benefits down to 60% if they hit a deficit.
>>540292116but if a democrat is president they will take the blamekekekekkei love it when a plan comes together
I really love that I've had to pay social security tax throughout my entire adult working life just in time to have the benefits cut. God I love paying for other people's retarded lives
>>540292249reconcile this with retiree fags being the biggest/strongest voting bloc in the US. what do you think will happen if their gibs get cut?
>>540292211It means you dont try and solve it because it cant be solved. It has to die. Currency collapses. Old and sick people die. Useless eaters stop being subsidized. You reset with new currency and the people.that survive pick up the pieces with more open spaces cheap housing and no debt burden. Perhaps it just starts over again but there will be a couple generations of prosperity after a purge.
>>540291554We can stop giving all of our money to Israel and invest in our own country for once instead
>>540291971>why do we bring these people to be here who are obvious drains on society, who approved a blind brown guy to come here,> his family wanted him for the gibs.Yep. Also, Democrats ran Open Borders, and Democrats wanted the group of people who are incapable of succeeding and be on Social Security benefits forever. Statistically, that's the highest chance these will be Democrat voters in the future. So, as a result of that , and as a result of spics and jeets taking / buying/ stealing dead boomer SSN numbers.We have MILLIONS of illegals on social security that shouldn't be there .There's also a whole group of fake doctors who are billing Medicare with fake bills for fake procedures. That's another fraud industry that FBI is currently investigating. Billions of $. >Full news conference: Pennsylvania, federal officials in Philadelphia announce 'healthcare fraud https://www.youtube.com/watch?v=paQ2W2SK4z8 https://www.youtube.com/watch?v=Bfis-N0-zSo https://www.youtube.com/watch?v=P0lrbl9xFH8https://www.youtube.com/watch?v=DR1rWeqVNDw
>>540292565>Also, Democrats ran Open Borders, and Democrats wanted the group of people who are incapable of succeeding and be on Social Security benefits forever.>Statistically, that's the highest chance these will be Democrat voters in the future.That's why they wanted all possible lowest iq niggers and browns on the planet. >instead of , say for Canada , look at their needs , >we need more Doctors , let's target countries who educate good doctors. >nope they wanted all possible lowest iq niggers and browns who will end up on gibs and vote Democrat
>>540291554>unless something is done, benefits will be cut
>>540291554whoever has that social security number must be pissed
>>540291554More Beaners and Jeets!
>>540292443israel needs to be razed and every jew incinerated, but it's only a small piece of the puzzle.
>>540292760We can use Elon's rockets and send em into the Sun. We can send Elon along for the ride.
>>540292760Major portion of Social security and Medicare is fraud. Major portion of Social Security, Health and Medicare are drugs. Drugs are a monopoly in US, that should be negotiated DOWN by the gov who provided this monopoly. Significantly down, 10x min.
>>540292760>In fiscal year 2025, the U.S. government collected $2.66 trillion from individual income taxes,5x your image.>Corporate Income taxesDoesn't include tariffs. Will be hundreds of Billion with tariffs.
>>540293049it's surprisingly hard to find an infographic of the combined discretionary/mandatory budget. what i posted is a single quarter, i'm guessing.>Doesn't include tariffs. yes it does. FY25 tariff collections amounted to $200B. about half of them have been refunded through FY26 YTD.
>>540291554I have iras and 401ks to cover for it. Only poors need it
>>540293152search usgovspending.comTOTAL government spending is what matters, at all levels."Corporate income taxes" are a scam and should have been thrown away years ago.You tax PEOPLE!Tariffs are not tax efficient, they are for mercantilism, which is legit.
>>540293226Unironically, yesOne of the "solutions" will most likely be phasing out benefits for "very high earning" retirees.They already do it, but it will be done more.
>>540291554u give me money nowmoney for freeyou give to menownow now now
>>540293226Basically this. There would likely be a move to a more private savings/retirement plan. At least that’s been the general shift for about 30-40 years now.
>>540293152Wrong websitehttps://www.usgovernmentspending.com/this one is correct
>>540292856Shouldn't Elon he hanging for not rooting out that fraud? Shouldn't people be going to prison fir the fraud? If it's mostly fraud then hundreds of thousands of people would be going to prison for it
>>540293226wow grats nerd faggot. how about i beat the shit out of you and take your gold
>>540292089>raising the minimum retirement age to 65You mean early retirement?Retirement is now over 67>>540292565Yeah, I'm certain all this fraud was the status quo for decades, this is the same reason I so against VA Disability being so easy to get, when every able bodies veteran I meet is on it, that tells me Veterans will vote democrat, or even confiscate all our guns if the possibility of gibs were taken from them.
>>540293152>FY25 tariff collections amounted to $200B. Yep. Min 2x that as a total. >about half of them have been refunded through FY26 YTD.Because retarded loaded by Democrats Supreme Court is anti-American, and they don't want us ever to balance the budget. This problem has been already solved, there's a new tariffs schedule that Democrats can't cancel, it is based on Child Labor. >(countries who had child labor pay tariffs - that's the majority). So it'll go back to normal, while anti-american Democrats can't cancel them . >because how could you allow child labor?? :)) >retarded D children.
>>540292300
>>540291773>We will find millions of illegalsWho is "we"? DOGE was a national embarassment.
>>540292856>Major portion of Social Security, Health and Medicare are drugs. Drugs are a monopoly in US, that should be negotiated DOWN by the gov who provided this monopoly.> Significantly down, 10x min.If Trump 1.0 Health Dept negotiated drug prices to go down significantly . And then as soon as Biden and Democrats got into power all drug prices went back up 10x. And profits of healthcare companies and health insurance companies went up 10x. This basically means that the D gov is bought by Big Pharma lobby and is completely CORRUPT..
It should have been moved to private accounts. Dubya wanted to do this but he was called crazy.
>>540294461Go up, I posted videos from a fraud busted 2 days ago.>>540292565
>>540291554The US is about to undergo a political reshuffling. Investors are going to be the paypiggies as they’ve been lazy welfare niggers for 70 years.
>>540294461Shut up idiot. Democrats are a national embarrassment and completely corrupt. >>540294519
>>540294519Thank us for our attention to this matter.
>>540292089>>540294011I can't retire because no one will hire me. Another interview for a 20/hr 6 years of experience remote job in 2 hours. Trump also fucked my stock portfolio by refusing to reject outright apple's attempts to buy chinese ram (which is owned by their military and thus backdoored) which is cool.
>>540294659This is why we need to get rid of the social security scam. That money belongs to Israel, anyways.
>>540294736Uncle changs RAM being backdoored is a big is a tiny fraction of the backdooring to be concerned about.
>>540294659No, that's retarded because you're a faggot if you still support elon.
>>540291878>make it means tested.This is why I put everything in a trust. You're not going to make me pay into the thing for decades just to not pay me because I was smarter, worked harder, and was better with money than the dregs. On paper I have pretty much nothing.
>>540294858Thats a myth
>>540291554Cut the military budget. Problem solved.
>>540291554My guess is they will just lie about it a bunch and if people call them liars they will just shrug and say 'well, what are you gonna do? Nothing'It seems like our trajectory is to get ever worse conditions until we are reduced to peasant serfs who serve globohomo corporations if we are permitted to even exist at all. They probably would prefer robots. In which case they'll just grind us all into protein paste and feed us to the fat hogs they eat at the fancy palace they live in on the mass grave that used to be your country.
>>540294858This is a very low iq take , Israeli aid is passed by Congress and Senate, loaded by Democrats, as part of the Budget. It's only $3 bln / year. That's less than 0.1% of our tax budget. Low iq take. Try stopping low iq takes like that , and more serious takes here.
>>540291554SHUT UP FAKEROOM
>>540291554Tax working people more, obviously
>>540295275Meant to reply to this guy : >>540294845
>>540291851>ad hom but worded like a faggotHigher than yours without a doubt
>>540294901Elon is just a front for US military.He's irrelevant to this conversation , of Democrats being anti-american and corrupt.
>>540293226>iras and 401ksthere's going to be a lot of people like you who are going to be severely disappointed when the next 2008 happens, esp since we 2.5x'd the money supply in 2019 and gave banks and pharma trillions to prevent financial armageddom, ensuring the next one will be 10x thatthis is why blackrock et al are taking your money and putting it into AI stonks, so that once those crash its going to cause a cascade and you're gonna have maybe 30% of what you thought you did
>>540291971My old lady has an uncle in Europe somewhere and her family is trying to convince him to move to America for gibs cause he's broke and just found out he has cancer, he would get something like 5k a month
>>540291554by retiring
>>540294566dubya wanted to move all that shit into the stonk market right ahead of 2008
>>540295275Did you forget the 50 billion dollars in aid we give Israel every 2 to 3 months though? We gave you literally all of our missiles for missile defense. all of them. You burned through our entire stockpile with your weak attempts at empire.
>>540294845once the corporations of the united states are destroyed, I'm sure in the aftermath when we need to consider which of the 15-20whatever amendments that existed in the corporate fraud are going to be brought forward and codified into the 1787 original brought out of the closet where its been since 1865,I'm fairly certain there will be a real SS amendment, because has no real constitutional power since its inception where they said the general welfare clause can be used for whatever they want since its for your own good
They’re not. Boomers are going to ride the gravy train and then launch a series of wars and crises on their way into the grave. They intend to selfishly kick the can down the road for their own gain and let you deal with the fallout.
>>540291554>solve Cut benefits to the boomers of course. Do you think the rest of us are gonna riot? lol we’ll have a celebration
>>540295708gtfoh plebbitorif you're not saying jews or globohomo and are instead saying boomers, you are just outing yourself as a motherfuckin faggot
>>540295708> They intend to selfishly kick the can down the road for their own gain and let you deal with the fallout.>intend They’ve already been doing it 50+ years. It isn’t an intention it’s an undeniable pattern of behavior
Reduce immigration and transfer the money saved from feeding and housing browns to useful social security.
>>540295526So? It's at an all time high. Trump accounts are tied into the SM and no one said a peep.
>>540295758Soon, boomkike, soon
>>540291554Tell everyone to save more fucking money for retirement instead of relying on government funds.
>>540293226meet>>540293709everyone in government thinks like >>540293709good luck.
>>540295997How is that possible when everything just keeps going up in price?
>>540296025learn to code, faggotif you're not gaining skills that can keep up, you're just falling behindthis is like saying the flood is coming, how will I be able to swim enough to stay afloat & aliveinstead of saying I'd better find a boat and some food
>>540296110>learn to codeWhat is this fucking Current Year + 4? Get with the fucking times. It's >learn to prompt now
>>540296110>learn to codeIs this 2010? That paradigm is over thanks to AI, Jeets, and A.I. jeets.
>>540296198jej, I'm a gen X hermit, I dont keep up with all the latest lingokeep forgetting that the last 4-5 years have lasted 30 for the zoomers
>>540291554Government just could stop "borrowing" from social security and pay back what they still owe from "borrowing" from it for decades. That would solve it forever.
>>540291554Good Americas going to be crushed under it’s own weight eventually
>>540292394We could also solve it by no longer bleeding funds to foreign shitholes.
>>540296306>I dont keep up with all the latest lingoYes you do, don't lie to yourself about it.
>>540292565>We have MILLIONS of illegals on social securityWe don't. What we have are rich white boomers "borrowing" from social security to fund brown populated shitholes like Pissrael.
>>540291554When the next wallstreet rug pull bubble pops the deflation will fix it
>>540291554kek Trump cut $18T off of unfunded liabilities, aka Intragovernmental debt, aka soc sec and medicarenever one peep about this from either side, i wonder why probably b/c the fraud is so unbelievably rampant that we could cut $18T off our debt without anyone even noticing kek
>>540295472>My friend's uncle works at Nintendo.
>>540291554Tar and feather congress
>>540291554The real solution is to deport all the shitskins from America. >how do you think they're going toCancel it and we become slaves while the jews continue to gibsmedat for themselves, niggers, muslims, etc.
>>540296496Trump would nuke America if we stopped giving Israel free money
>>540291554Engineered famine and war.
>>540297257The Samson Option is always on the table
>>540296742>the fraud is so unbelievably rampant that we could cut $18T off our debt without anyone even noticing kek 100%
>>540296901She first generation Italian you faggot nigger
>>540291554If you are white you get it at 75 if you are non white 55
>>540292282I'd a Republican is president they get the blame lolololllol Fucking retard
>>540291554There is no Social Security cliff.https://www.youtube.com/watch?v=DNCZHAQnfGUhttps://www.youtube.com/watch?v=q8K7c1bfnoA
>>540300664>nothing>other than having to repay the debt which eventually causes hyperinflationKikes are liars.
>>540300720The government does not need to borrow money. Doing so is a policy choice. Maybe it is a good policy because various pension funds like to buy bonds and earn interest, but there is no accounting or natural law requirement that the government "issue debt".All of these concepts and voluntary constraints are ideological holdovers from the gold standard and trying to mimic it with a free-floating fiat currency. It is nonsensical.
>>540300720There is a reason people like you say things like "social security is running out money" instead of "the grocery store is running out of pasta and chicken" or "the hardware store is running out of lumber".You understand that no one would take you seriously if you tried to argue that. So framing it through a lens of money yields more success because you are banking on the average goyim not understanding that the government (despite what idiots like Ross Perot tried to propagandize people with) is not a household and it is not a business. Governments do not need to acquire, earn, or borrow deposits before they can spend. Government is the issuer of the currency -- it has to spend before anyone else has the currency in the first place.https://www.youtube.com/watch?v=mODnz8DnhCQ
>>540291554robots and AI replacing the labor force and giving everything they produce to humans for free, thus allowing UBI
>>540301096>AI replacing the labor force<<<---paper by MIT
>>540300894>Doing so is a policy choice.sure isRemember it is the BORROWED and now-bankrupt Federal Reserve Note that is being issued into oblivion and the US dollar is a fucking UNIT. kek
>>540302340I think you misunderstood what I was saying and used it as a launching pad for your schizo nonsense about the Federal Reserve or central banking in general.The Federal Reserve neither has nor doesn't have dollars. Saying it is "bankrupt" doesn't make any sense. The Fed is just a scorekeeper. It can no more run out of dollars than the sportsball stadium can run out of points.
>>540302748>Saying it is "bankrupt" doesn't make any sense.keksure it makes sense for the IORB and RRP they are now QE-counterfeiting to pay out to their NYFed ilkpic relatedthe fucking incompetent Fed thinks their IORB and RRP policies now bankrupting the Treasury is A RUNNING TALLY THAT THEY ARE TO BE REPAID (today, the bankrupt Fed franchise is ~$240 B in the hole)so essentially, the NYFed is trying to ROB US TWICE kek WITH THE SAME FUCKING CON
funny how the Fed is only bankrupt when it comes to paying the treasury lolNotice on the top half of pic rel the NYFed squeezes out the citizens' currency and pays its ilk IORB and RRP instead, while also buying houses and bonds.The NYFed clearly prioritizes enriching its private owner banks over the citizens having a currencywhy doesn't Trump ever mention this?b/c fucking Trump thinks the BANKRUPT NYFed is the housethe FUCKING US TAXPAYER IS THE FUCKING HOUSE>>540302748your drivel is worthless here, /pol/ knows what a fucking fraud the bankrupt NYFed franchise is
>>540303307>what a fucking fraud the bankrupt NYFed franchise iskek QE is UBI for the NYfed
>>540303328>kek QE is UBI for the NYfedi have over 100 images to go with this text
>>540291554We have been told since we were children that we would pay into it all our lives, but it would be gone by the time we were old enough to use it. Which is fine. Something akin to the Trump account is a much better idea. Being able to invest in your future, rather than hoping the government doesn't squander it, seems like the ideal option.
>>540303374>>kek QE is UBI for the NYfed<<<<---lolholy fuck how much longer are we going to let these clowns destroy our fucking currency?absolute fucking frauds
>>540303470>QE is UBI for the NYfed<<<<---AHAHAHAHA
>>540291554They should be cut and the age at which people start collecting SS should be raised to 75. SS was never meant to be a boomer boat and vacation program. If boomers complain, they should sell their McMansions and start living within their means. Also completely cut off anyone who doesn't have at least two working age children.
remember, a strong NATIONAL currency HAS MANY FORMS, never just one (fiat paper, metal, digital, check, money order, smart contracts, NFTs…)if one wants real change and a strong national currency, there must be multiple forms of a currency, not just one 'savior' form, as is being proposed now with PRIVATELY-ISSUED tokenized debt-backed stablecoins'fiat' isn't the problemWHO IS ISSUING the 'fiat' IS THE PROBLEM and that the Fed's private fiat IS INTEREST-BEARING is the fucking problemFIAT, CREDIT-BASED INTEREST-FREE US NOTES ISSUED BY THE US TREASURY WORK FOR THE PEOPLE AND ARE INTENDED TO BE AN INTEREST-FREE TOOL TO FACILITATE COMMERCEFIAT, DEBT-BASED, USURIOUS, INTEREST-BEARING FEDERAL RESERVE NOTES ARE FUCKING BORROWED FROM THE PRIVATELY-INCORPORATED BANKRUPT NY FEDERAL RESERVE FRANCHISE AND ONLY ENRICH THE NYFED’S PRIMARY DEALERS AND THEIR CRONY/POLITICAL ILK AND ENSLAVE THE POPULATION IN BOND DEBT Fiat is given value BY A NATION'S CITIZENS.If the FUCKING NATION’S TREASURY is the one issuing it, fiat is not a problem.
>I PAID MY DUES GOD DAMNIT It's funny how if you point out that boomers take out much more money than they put in, they'll call you a communist. SS is not some big pot of money that the government set aside and let grow, Social Security is paid for by poll taxes levied on wages.
>>540303464>but it would be gone by the time we were old enough to use itBut that's a lie. The government can't run out of money -- it doesn't need to get it from you or other workers first. All that actually matters is that there is real resources in the real physical world that the money would be employed to purchase. Using payroll taxes to "fund" Social Security was a politically calculated choice made by FDR in an effort to prevent hostile conservative parasites from trying to take it away later.
>>540291554the easiest fix is to raise the maximum income cap where you get taxed. but nope that is some how not a solution because it would mean rich people pay more in taxes
>>540303707TBLC delenda est.https://americanmind.org/salvo/what-is-total-boomer-luxury-communism/
>>540292300Millennials are now the largest voting block in the U.S.
There really are only two options 1) working people accept higher taxes, despite boomers holding the majority of wealth in the country. The total boomer burden is currently 15.3% (12.4% SS + 2.9% Medicare)2) Boomer accept some sort of haircut, either through means testing or on aggregate. Social Security is zero sum. Also removing the wage cap on SS isn't going to materially affect SS at all. There aren't enough wealthy people to pay for all these boom booms.
>>540303784Bullshit. All payroll taxes are intended to psychologically hide the taxes from the payer. What do you think the politics around taxation would be if everybody had to write a check each month (like every other expense) out of their own accounts? Be honest.
The collapse is directly tied to Social Security. They've been on the razors edge for some time. SS barely covers the basics, nevertheless food. lol Imagine the site. Millions of elderly rioting in the streets. The elite know they can't do shit. And will exploit them, till the day they die. You got what you voted for.
i have to go back to work<<--what a fucking fraudA reminder, Federal Reserve Notes are what are being issued to worthless oblivion and>the US dollar is a fucking UNITWe need to AGAIN issue debt-free, Treasury-issued US Notes like we did before (and during) the bloodsucking, obsolete Federal Reserve. We need to AGAIN issue debt-free US Notes that are pegged to a basket of commonly-used weighted commodities, distributed by a series of state banks.We can:1 nationalize Fed banksOR2 dissolve Fed and have a series of state banksOR3 issue US Notes simultaneously AGAIN and eventually recycle worthless Federal Reserve Notes out of circulationOR4 YOU CAN RIGHT NOW: use cash/barter/stack/use credit unions/use cold wallets, these five things IMMEDIATELY transfer power directly to the peopleUSE CASH, NO MATTER WHAT COUNTRY YOU ARE IN, cash IMMEDIATELY puts the power in the hands of the people. US Treasury-issued paper fiat (aka cash, aka US Notes):>is permissionless>is private>is anonymous>has no transaction fees>works in power outages>doesn’t need the internet>don't need to be a coder to use it>doesn't depend on another party having a device>everyone knows exactly how much they have>has no transaction limits or thresholds for reporting>money laundering is harder with physical cash, due to transport>is inclusive, it does not see race>is harder to use in ransoms>can’t be hacked>don’t need to remember a password to use it>IS the ultimate in payment platforms>using cash helps people to save money and budget>puts the power directly in the hands of the people >keeps the currency near the REAL goods and services>less paperwork>is face to face, not face to screen>makes government theft harder>using cash forces the debt-based Federal Reserve to serve the citizensBoycott businesses that do not take cash.NEVER USE YOUR PHONE TO PAY. Barter is the real torpedo to these fucking clowns.
>>540303822No it's not a solution. You sound like a "tax the billionaires" retard. There aren't enough people in the United States making over 184k to keep 70 MILLION boomers on Social Security. That is just a retarded fantasy. The vast scale of people on welfare in the United States is enormous and is paid mainly by average wage workers.
note the NYFed is .org not .gov
>>540300894>All of these concepts and voluntary constraints are ideological holdovers from killing the gold standardftfyif you dont understand this correction then this probably isnt the topic for you to be participating in
>>540304146Boomers are the wealthiest cohort in the United States. I live in Vegas and I see so many seniors blowing their SS checks on casinos. Maybe they should learn to live within their means because they are stealing from young working people and families. We have a birth crisis and yet we spend an inordinate amount of money on old, useless farts instead of children.
>>540292296>God I love paying for other people's retarded livesThis is literally just what life is, and always has been, since humans became pack animals. The sooner you realize that, the sooner you can make peace and work on living your life the way you want to. Whether that means working harder so you have more, or just eating a bullet is up to you.
>>540302748>Saying it is "bankrupt" doesn't make any senseif you cant maintain business while being a literal counterfeiting house and also receiving massive repeated injections of funding, you are not only bankrupt but you're a criminal
>>540304442No, the current Boomerreich is totally ahistorical. The elderly have traditionally been the poorest group and had to beg if they didn't have children to take care of them.
>>540292300No one cares about boomers at this point bro. Literally the rest of society will tell them too bad. We’ll laugh at them, it will be glorious.
>>540304442i don't want to live under the Jewish boot. So you're telling I should start killing people to purge my society of its filth? Careful what you wish for.
>>540303981There are 70 million old farts collecting Social Security and they vote in droves.
>>540304430> We have a birth crisis and yet we spend an inordinate amount of money on old, useless farts instead of children.That’s why this needs to disappear and they need to lose everything
>>540304609Are they gonna be able to vote SS back into solvency, nigger? Those boomers don’t have much longer left anyway. Take the SS away
>>540291554An insignificantly small tax on loans that are taken out with stock shares as collateral (treating them as income, which they are) would take care of it, plus more.
>>540304442It’s better to just work in a society and place that doesn’t do this in the first place.>inb4 it happens everywhere goyim Nah. This shit is peculiar to globohomo jew societies in many ways
>>540291554It will be integrated into UBI by then. The fraud and abuse will be eliminated by AI agents.
>>540291554>solveThey got theirs.They can just you younger ones out of the system because fuck you.You'll still be paying into it though
>>540304087I have no idea what you're even saying. There is a direct quote from Roosevelt right there. There is a direct ON VIDEO UNDER OATH quote from former Fed Chair Greenspan explaining this in this thread. if you won't even be spoonfed, I don't know what to do.It's very obvious for most of you that you are either 1) not intelligent 2) ideologically locked in 3) so old your brain has calcified and you can't take in new information like you used to.Read a book written by someone not named Hannity or Levin.
>>540304846> It will be integrated into UBI by then. The fraud and abuse will be eliminated by AI agents.You leftist fucking retard. There will be no UBI. The reason we work is so that we have a stake in society and society is kept busy and safe because so many are working. No government on earth is going to ever let their population just chill. It didn’t happen in any communist country, it never has.
>>540304408Explain why economic activity should be tied to the amount of gold held in reserve when the vast majority of economic activity and productive processes don't utilize any gold at all in actually bringing them forth into reality.Can you imagine a carpenter contracted to build your house and he has the raw materials and the tools, but he tells you he can't get to work because he ran out of inches? Do you hear yourselves when you actually say this stuff? It obviously doesn't process for any of you. This should not be complicated to understand.Unless of course, you actually do want to artificially limit economic activity. Which I think is on the nose for most "libertarians" and "goldbugs". They want to be able to choke "the poors" off. They want to tell you they ran out of inches with a straight face.
>>540304996I hold no political affiliation, you're all niggercattle that are going to comply with the beast system or be destroyed by it. You will be replaced by machines and the majority of you deserve no say in how anything functions. This is the optimal outcome for niggercattle. I expect the global population to be culled down below 2 billion people. It will be a better world. You won't do shit about it.
>>540304512Again, you're just not making any sense. You don't understand free-floating fiat currencies. You can't run out of them. https://www.youtube.com/watch?v=70xIM45kFK8https://www.youtube.com/watch?v=u0e4afZElBE
>>540291554give the boomers and xirs medical assitance in dying instead of medicare. they sold the country to the banks they tithed to instead of churches>>540291851ban boomers and xirs from recieving social security. shut down their 419(k) banks and set their 419(k) valuations and housing valuations to 0. not one cent for nation wreckers>>540292565>Democrats ran Open Borders, and Democrats wanted the group of people who are incapable of succeeding and be on Social Security benefits forever.>Statistically, that's the highest chance these will be Democrat voters in the future.no one who ever voted for a demonrat should ever get a dime from social security
They are solving it now by demonizing boomersCuts will be on schedule
>>540304938>tries to shit on anon who is correct >argues money just = resources magically ok. So what if there’s a country out there that produces everything, and has a military? What if they’re uninterested in trading real resources for your fake jewish fiat, and you have no military to force them to play ball with you? The entire society goes to shit Currencies were invented to be an agreed upon unit of value to represent real world goods, services and work. Militaries exist so that someone else can’t just come and take all your shit and they their Monopoly money is better It never fails to amaze me how divorced from reality you leftists are.Every last one of those economics arguments you idiots put for presupposes an already existing, healthy economy and strong military. If those conditions are in place, then systems arguments about how the currency can best reflect actual value can take place. In a world without power to back it up, we’ll just be out there fighting constantly. God you people are tiring, and you actually think you’re intelligent too.
>>540305140You are a globohomo jew and your nose is poking through into the thread for every anon to see.
>>540292722yeah i knew in middle school back when al gore was talking about putting social security in a lockbox that i would never get anything out of social security or 419(k), then every single vapid cunt and simp voted for the university professor and open borders and fags and troons because they wanted to murder their babies. cancel the student loans and repossess and sell the degrees ill pay 100$ for a masters in gender studies
>>540292856this was funny 10 years ago, after covid hundreds of thousands of biotech scum need to be mulched
>>540305617Based and wise anon. The fucking same happened for me. Did we just become best friends?
>>540294519>D gov is bought by Big Pharma lobby and is completely CORRUPT...and cunts and simps will never stop voting for demonrats because they want to murder babies. and every republican says the exact same things and does the same things too
>>540305506Israel won't exist by the end of the century. They are in the curse of the 8th decade and are incapable of maintaining a nation state. That's their ultimate reward for always being in violation of their covenants. I am a human supremacist, the bleeding edge of the standard deviation curve is tomorrows mean. The planet is in overshoot. The social contract is fake and gay theater. The monetary system is fake and gay theater. Weapons systems have advanced to the point that the only reasonable solution is global armistice or extinction. There are no other options. Compute is the great filter that will cultivate a better human that is suited for the next stage of human evolution. Machines can and will replace most of you.
>>540305455No one is arguing that money = resources. I am arguing the EXACT opposite.But that is precisely why people like you frame the SS debate around money, and not resources. So don't try this disingenuous bullshit with me.We are not actually running out of the things that a vast majority of social security recipients will spend or be likely to spend their social security check on. We just aren't.And to the extent we were, the government always has the ability to hire people to produce and cultivate more resources if the private sector has decided it doesn't want to do that.
When boomers were paying for SS, old people died at 68 and there were fewer old people generally.Boomers didn't have as many kids as their parents did, which means fewer working people compared to retired people. On top of that boomers all live to 95 now. Boomers retired at 55-60 and now think they are entitled to live half of their adult lives living off welfare.
>>540291878>If a given retiree or disabled person has a certain threshold of savings/assets, they should be disqualified from Social SecurityBased
>>540291554>how do you think they're going to solve the social security benefits cliff?TOO MANY PEOPLEBILLIONS MUST DIEunless something is done, benefits will be cut by 20% beginning in the year 2032.HAHAHAHAHA MAJOR DEATHS WARS PESTILENCE BEFORE 2032
>>540301095>Government is the issuer of the currency -- it has to spend before anyone else has the currency in the first placeyeah and right now the government drunkenly printed more iou's than there are things and hes going to jail for fraud
>>540291554something something logarithmic reset of the money supply. A billion becomes a million, a million 100k, 100k 10k etc
>>540303307>The NYFed clearly prioritizes enriching its private owner banks over the citizensright, the independent central bank is fnargl, and he rules by accusing you of antisemitism if you start asking questions
>>540291554There is no law that you have to get or use a SSN.>benefitsLMAO! Vote Harder Slaves.
>>540304938>I have no idea what you're even saying.Clearly.
>>540305116>Can you imagine a carpenter contracted to build your house and he has the raw materials and the tools, but he tells you he can't get to work because he ran out of inches?kys you faggot making up faggot tier shitfuckin tranniessorry your family molested you but that's no excuse to be a liar too
>>540291554I see America has the same problem with boomer communism that we do, except even worse, because at least the law lets us fund the state pension from general taxation.
>>540305617>when al gore was talking about putting social security in a lockboxthe Clinton admin at the time literally fucking raided SS and did things with the funds, they are a big reason why we are having the SS problem now and not in 30 years
>>540306869Why does China have such incredible economic growth year over year without a gold standard? Why do they have falling prices despite creating record amounts of money?How did the Germans and Japanese turn their economies around without a gold standard? Why is reality so diametrically opposed to your talking points?
>>540304266Just means test it and stop giving government money to rich boomers.
>>540291554they'll fix social security by diverting everything to israel and billionaires as usual
>>540306952The main reason it's worse here is because all our politicians are boomers, so guess which generation is getting fucked when we can no longer kick the can down the road on our boomer gibs problem? Not the boomers who created the problem and deliberately ignored it for decades while they were working because they didn't want to pay a little more taxes if forcing their descendants to pay a lot more taxes was an option, that's for sure. They'll just make younger generations pay in more while getting less benefits as boomers exit scam us on their way to the graveyard.If it was up to me, any boomer who owns rental residential properties would immediately have their Social Security benefits eliminated. They can get SS back if they sell their rental properties to a first time buyer. Seems like a pretty fair way to take some boomer burden off the system by forcing them to choose between SS or landlording without fucking over anyone who is actually struggling.
>>540307546While not all British politicians are boomers, they are all cravenly afraid of the boomer vote. One of the main reasons Starmer got thrown out was that he dared try to means test a £300 winter fuel allowance to pensioners. Richest generation in history and they're sitting in their million pound houses wearing gold Rolexes fuming about the government trying to make the situation slightly fairer to the younger generation paying for it all.In other respects it's pretty similar between countries, we just can't afford to pay for all these selfish old fucks luxury communism, social care and exorbitant NHS costs.
>>540307120>why can you fuck with the rules by having one internal currency and one external currencyoh ffs stop acting like you have a good grasp of this topic
>>540291615We have the richest jew billionaires, what more do you want?
>>540307120Post hoc ergo propter hoc fallacyI.e. you dumb
>>540291554they'll just get rid of it eventually. they can't now since so many boomers rely on it, but in the future? absolutely.
US taxpayers paid the IRS $562 Billion in interest alone in fiscal year 2021 to borrow the Federal Reserve’s debt-based currency out of thin air in the form of bond debt$562 billion($562,000 million)Pic relatedHow it is:>US government needs currency >US Treasury prints up some bonds>NY Federal Reserve creates Federal Reserve Notes out of thin air and its primary dealers then buy said bonds from US Government>US government now has new currency created out of thin air by Fed banks>Now, US taxpayers owe interest (and principal) on said US bonds, as well as paying a fee AND DIVIDENDS to the NYFed’s shareholders, the primary dealers (the big banks), this is the ‘Public Issues’ portion of the US Public Debt How it should be:>Congress makes annual budget>Tax revenues are collected and any budget shortfall (deficit) is then new debt-free US Notes issued by the US Treasury itself, no bonds needed, no US Public Debt to issue our own currencyAre Americans ever going to realize this fraud?>when a generation sells the futures of their country and their offspring for unsustainable and lavish wealth and their offspring are too stupid to realize it
>>540308603Wait until US taxpayers figure out that the payroll taxes collected for social security, medicaid and unemployment are then used to purchase specially-issued, non-marketable US treasuries (aka Government Account Series, aka GAS) and THE US TAXPAYER IS THEN CHARGED INTEREST ON THESE GAS TREASURIES BOUGHT WITH THEIR PAYROLL TAXES. This is called the Intragovernmental Debt (now~$134 T) and is included in the US Public Debt. The interest that we pay on Intragovernmental Debt is in the left hand column in pic related and the other interest paid to borrow the Federal Reserve’s currency in exchange for US Treasury debt (these are called Public Issues —-aka Debt Held by the Public aka Marketable debt) is in the right hand column of pic related and the creation of these Public Issues is detailed in the text in >>540308603PIC RELATED is total interest paid on US treasuries for FY 2022 to borrow the Federal Reserve’s private currency in the form of bond debt (Debt Held by the Public + Intragovernmental Debt = US Public Debt)$718 BILLION in interest paid$718,000 MILLION in interest paid$718,000,000,000 in interest paid to issue their Federal Reserve Note out of thin air in the form of bond debt in FY 2022
>>540308711<<<——$882 Billion in interest paid in fiscal year 2023 (FY 2023) to have the NYFed's primary dealers issue our currency out of thin air in the form of bond debt ($666B interest on $34T of Public Issues plus $216B interest on $123T of Intragovernmental Debt)$666B lol, can't even make this shit up
>>540308777<<<---US taxpayers paid $1.1 TRILLION IN INTEREST ALONE for FY 2024 to borrow our own currency from the private and now bankrupt Federal Reserve franchises. The interest to borrow the Fed's private currency has fucking ~doubled in three years (see >>540308603). Let that sink in.
>>540308935<<<----aaaaaand $1.2T in interest paid in FY 2025 by US taxpayers to borrow the Federal Reserve Note from the private, incorporated, bankrupt, incompetent, obsolete, and usurious Federal Reserve franchise
where is that fucking shill now? kek>imagine you are so fucking lost in life that you shill for the Federal Reserve
inflation
>>540291554by 2032 there will be universal high income and China will lead it.
>>540306952The big problem in the US is that only Congress can repeal Social Security, and they won't. Parliamentary systems are more open to reform generally.
>>540308595>they'll just get rid of it eventually. they can't now since so many boomers rely on it, but in the future? absolutelyThis is the purpose of the Trump baby accounts. It's effectively an IRA.
>>540291554>>540291615bernie sanders is trying to address it, conservatives literally try to take that shit away to fuck people over
>>540311023reminder the bern has voted in favor of the banks every opportunity he's had
>>540291554They're not. Social Security was originally to help pay the soldiers from the Great War. Jews turned it into welfare to string along the welfare loving baby boomers. When they die out, it's gone
Only the retirement funds will be depleted. Disability insurance & SSI are run from different accounts, so if you're a crippled and/or autistic NEET, you will be fine unless you live past 2100. (when either of those other funds are expected to be depleted.) I was shitting bricks when Trump got re-elected, but even the stingiest and most corrupt Republicans seem to be on board with allowing the disabled to remain on benefits. Every conservative uber or lyft driver that I've had, even the most dedicated of christfags, think social welfare is necessary for the disabled.Retirement running out is good right now, because it will kill off the oldest boomers & gen X fags who keep making everything worse for the rest of us.
>>540311285Hitler was right about the disabled.
>>540311285look at these retarded ass plebbitors calling for the death of their elders at the behest of globohomo
>>540311544> Agreeing with the opinions of an ugly, out of shape vegan fag with a man-fupa. Bro. It sounds like you've got a few extra chromosomes.
Boomers have know their entire lives that SS would not be sustainable in the future, but they didn't do anything about it because of a "I got mine attitude".
>>540312674Boomers are cannibalizing the young. They deserve to have their bennies cut.
>>540309156DA JOOS DID THIS! JOOS! Amirite, chud?
>>540314365that's a retarded plebbit tier way to say that jewish central banking cartels are fucking ALL the plebes over
>>540292089I believe the standard payout is 67 currently. They will push that to 70, then 73, then 78 etc. I believe eventually they will not allow you to even touch it before you are 70. Also just due to the nature of less people paying in, they will increase the % taken from your pay and the max contribution amount. If I were a betting man I would bet on both of these.
Take it from disability which is solvent to the year 2100https://www.ssa.gov/oact/trsum/
>>540314769 • The Disability Insurance (DI) Trust Fund is projected to be able to pay 100 percent of total scheduled benefits through at least 2100, the last year of this report’s projection period. Last year’s report projected that the DI Trust Fund would be able to pay scheduled benefits through at least 2099, the last year of that report’s projection period.
>>540294902I know England is currently trying to get rid of trusts, I’m sure we are about 10 years behind them. Fuck these thieves.
>>540291554>how do you think they're going to solve the social security benefits cliff?By borrowing obviously. Right now we are borrowing just a tad over what it takes to service the interest on our debt (picrel). Which means the US government is based as fuck and the most trustworthy borrower in the history of governments. Typically borrowing just to pay the interest on previous borrowing is frowned upon. But the US government is such a Gigachad that all the jewish banker Stacies are just lining up ready to drop panties and write more checks. Nothing could go wrong with our credit rating of 800*infinity. So we don't need to worry about "funding" things or "solvency" when we can just borrow more.
>>540311023When Bernie Sanders pretends that money needs to come somewhere and the only solution is an unpopular tax hike, he is doing the exact opposite of trying to address it.https://www.youtube.com/watch?v=lGhF1jO4ZbM
>>540308396So you want fiat internally but a gold trading standard between countries?
>>540314575>Also just due to the nature of less people paying inThat's what infinite immigration is for. It works like this. >birth rate too low>import spics, niggers and jeets>their birthrates become low because of first world issues>import more spics, niggers and jeets>their birthrates become low because of first world issues>...>all the 20 billion future spics, niggers and jeets live in the US and Europe and everyone is rich working zero hours a week thanks to Musk's robots
>>540314769>solventFunny Nigga - Nothing base on debt is solvent.
>>540315251Mass immigration has no connection to paying pensions -- this is just shit rightoids come up with to obscure jewish race replacement as a standalone political goal.
>>540308594>you dumbfavorite argument of the university man
>>540291554Thanks for reminding me about this rugpull>half your paycheck goes to boomer millionaires and israel while you can barely afford anything
>>540312674boomers sold the country in order to turn their daughters into whores for them to fuck, they deserve death and will all burn in hell
>>540291554like this>"what social security?"same with pensions for policethat one's way funnier because police being promised pensions will be the ones shutting down the police pension riot when it happens
>>540315471dont forget your 419(k) tithe to the investment bank that it uses to buy your company sell the factory to china and hire an h1v jeet
>>540315329Are you retarded or something? That's a rhetorical question. It's literally the main excuse used to sell the concept of replacement migration which is both a racist conspiracy theory and happening because it's good and necessary.
>>540315628I also forgot that it goes to niggers who can destroy the public areas the remaining bit of money goes to (after it's embezzeled by communists and pedophiles in government). At this point making as little over the table money as possible is the best solution.
>>540314461It doesn't matter, boomers have been 100% behind SS despite knowing that it would rape their kids and grandkids.
>>540315710>main excuseYes, it's what the 'babies in incubators/jewish lampshades/anthrax letters/WMD/cake walk" government tells you.It's not reality. Now, it may be true that a certain degree of immigrant labor is necessary to *physically produce* the goods people will use their benefits to buy. That might be true! It might not be, maybe robots could have happened 20 years ago! But the *money* is not relevant.
Boomers like gimmiegrants because they drive down wages and push up the price of housing. Boomers are sitting on trillions of dollars of home equity. Boomers live watching line go up, even if it means that they are harming the economy and society in the long run. Of course they never have to foot the bill for their little pets. When all of these low IQ turdies break down and they can no longer lift a shovel, all of these boomers will be dead and we will be burdened with the welfare and Medicaid of the barbarians. Every thing boomer have done in their lives is comparable to pump and dump schemes that they saddle onto future generations.
>>540315944> Thus saith the LORD; For three transgressions of Israel, and for four, I will not turn away the punishment thereof; because they sold the righteous for silver, and the poor for a pair of shoes;> 7That pant after the dust of the earth on the head of the poor, and turn aside the way of the meek: and a man and his father will go in unto the same maid, to profane my holy name:(1) sell the poor for a pair of shoes, because expensive shoes are 10000$ and thats the price a cartel will sell you a slave for(2) pant after the dust of the earth on the head of the poor, its not enough to take the farm and house but they also want the dust off their heads(3) turn aside the way of the humble, a humble working man will lose everything if he just does his thing(4) a man and his father will both be clients of the same whore, shes not just fornicating trying to meet a man to marry, shes a modern womanbasically, america is the ancient israel of Amos 5
>>540316318> Men do not despise a thief, if he steal to satisfy his soul when he is hungry; 31But if he be found, he shall restore sevenfold; he shall give all the substance of his house. 32But whoso committeth adultery with a woman lacketh understanding: he that doeth it destroyeth his own soul. 33A wound and dishonour shall he get; and his reproach shall not be wiped away. 34For jealousy is the rage of a man: therefore he will not spare in the day of vengeance. 35He will not regard any ransom; neither will he rest content, though thou givest many gifts.for turning the zoomer women into whores for them to fuck with, the entire generation of xirs will be mercilessly slaughtered
Reminder that between Medicare, Medicaid, and VA benefits, 45% of Americans get socialized healthcare. That figure is even higher when you include all the illegals in Medicaid. America is almost a communist country.There is no Democratic way to remedy this problem. When half of the country lives on welfare, no one will vote against welfare. This ends with total economic collapse and then fascist purges of undesirables.
>>540315541back to plebbit with your retard shit, kid
>>540316837It's not a "problem". The government, as the issuer of the currency, has to spend the money into existence first for the economy to function. Channeling this spending into medical care is productive on the whole.
>>540315995boomers got told their entire lives that what they put in would be there for them when they retireyou're too young to remember Congress raiding SS funds multiple times and Bill Clinton did it the worst in 98 or thereaboutsus GenXers saw the writing on the wall with shit like this and understood that jews in Congress are thieves and we should not expect it to exist when we get oldthis is not the fault of boomers no matter how many of Ghislane's acolytes tell you it is so on plebbit
>>540317300>you're too young to remember Congress raiding SS funds multiple times and Bill Clinton did it the worst in 98 or thereaboutsYeah -- this was when right wing Bill Clinton was collaborating with his fellow southern right wing trash in Congress, Newt "raped israel slave" Gingrich, to "balance the budget" while still running a massive trade deficit. Of course he predictably caused the dotcom crash.
>>540291554Ah, yes. I remember John Quinn Public. Good man he was
>>540291554>social security benefitsIt's not a benefit. It's a mandatory retirement plan. The government took this money and then promised to give it back when I was 65 because they didn't think I could save for my own retirement. You can't cut 20% of my money. That is theft. You want some shit to go down, try taking 20% of retirees' money to pay for EBT and more subsidized housing for unemployed shitskins.
>>540317711Social Security is insurance, dummy
>>540317300>Da Jews are robbing usMaybe with Israel but there is an innate structural problem with Social Security that was baked into the system when it was created. It relies on geometric population growth. Any person that does not have at least 2.2 children who work full time are mooching off the system (getting a free lunch). It worked when boomers were young because the ratio of olds to young was small. The silent generation has a lot of children to support their old age. Boomers did not. >>540317151Keynesianism is meant to be temporary and spending isn't context neutral. Notice how China isn't reorienting it's GDP around keeping boomers comfortable in care homes.
>>540317300>boomers got told their entire lives that what they put in would be there for them when they retireThat was the point. It's not a benefit. That is literally their money that they paid and the government owes it to them.
>>540317711The government doesn't need your money to pay for any of that.
>>540317396>there's no real leftthis is for good reason, because the vast majority of the shit that is leftist is not only retarded, but illegal for the federal government to undertake and requires an amendment for it to be constitutional - which we all know will never happen, because the left only wins by fraud. when faced with a true mountainous challenge like passing an amendment, even when they stuffed Obamacare through while controlling the house, senate, and presidency - they didnt dare try and amendment, it was just better to defraud the system and act like its legal instead.with of course a little help from justice Roberts altering the law after it was written, against lawful government process, but hey, like I said before - the left cant get anything done without cheatingps I already know 99% of Rs are jew controlled and that's why they ran MTG & Massie out
>>540317711It's not a retirement plan. It's literally just an entitlement like SNAP but it's paid for with payroll taxes. We call it something else to make people feel better about it, but "retirement insurance" is just a euphemism. It's welfare. A real retirement plan is something like what Australia has. They have mandatory retirement savings accounts I don't know how often I need to repeat this but Social Security is not some giant fund that boomer all put their money into. The money that boomers paid immediately got spent on old people living at the time. There is no big Scrooge McDuck vault of boomer money. SS is paid by people working right now.
>>540317775>Notice how China isn't reorienting it's GDP around keeping boomers comfortable in care homes.Feels like you're missing the mark on purpose because you can't refute what I'm saying, but don't like the implication of it and want to try to keep it within the frame of limited money.China has massive surplus production. They direct government-issued money to maintaining and expanding this. They channel money to production and this creates lots of supply so prices naturally fall. This keeps asset prices low and improves general affordability.American right wingers want production abstracted away from potential domestic nationalization, they want their existing asset prices to stay sky high, and then they want to have their cake too by pretending there is no money left over for anyone to consume with.
>>540317788No you stupid fuck. It's not. Shut up before you start talking about shit you don't know. Boomer paid for THEIR parents. They didn't pay for themselves. The money that was collected from their payroll taxes is long gone. The age structure has shifted so that there are too many fucking old people for working people to support. Boomers are "taking out" way way WAY more than they ever "put in". They aren't owed shit.
>>540314365Literally this verbage is a physop. /Pol tards fall for it hook like and sinkerDon't worry. When they demonize th next generation to justify another 20%
>>540309822There will never be universal income or abundance lmao>But muh heckin broBro we had slaves for thousands of years. Nobody got anything free despite goods being produced for free.
>>540314443i never said that, but you didalways with the meme flags:>shit post>instigatory>no substance
> In 1968, under President Lyndon B. Johnson, the government adopted a "unified budget". This combined Social Security's finances with the general operations of the federal government into one giant spreadsheet.
>>540317992As I have already explained in this thread (hey, can't expect every posted to read every post, right?) using payroll taxes to "fund" social security was a political choice.It's unironic because at the time it was done, the thinking was that conservatives had to be politically barred from trying to take it away and having people pay into it gave them a moral right to collect. It should be noted that many of FDR's advisors told him NOT to fund Social Security this way.So these days conservatives use that funding mechanism against SS and claim the fund is going to "run out". Of course they never make this claim about Medicare Part D (known as Bush's prescription drug plan) because when that was funded it was done out of "general revenue" which means newly issued money. E.g. it can't be "bankrupt".It takes no more effort to resolve the Social Security "solvency" problem than it does to legalize weed or mandate wearing your seat belt. You just change it. So that it is not being done reflects an underlying desire for the outcome.
>>540317151>The government, as the issuer of the currency, has to spend the money into existence first for the economy to functionYou're completely clueless. The US is literally not allowed to issue its own currency as per the Federal Reserve Act of 1913. The government isn't the issuer of our currency. The Federal Reserve is and they are not "the government." The US and all other countries under the jewish central banking model have given up their monetary sovereignty to private banks. It doesn't have to be this way, but it is the current system. So the debt is very much a real thing and so are the $1 trillion a year in interest payments. You might want to have at least a basic understanding of the monetary system before trying to sound like you know what you're talking about.
>>540318102>Hurr durr you can't run out of money money printer go brrrrrSure, but at some point you degrade your currency to the point that it's worthless and your entire society collapses.
>>540317300>this is not the fault of boomersthey could of voted for ross perot but chose to vote for fag marriage instead. they were told that the money they contributed would be the money they got out and they chose to believe that obvious lie
Kek, guess when Epstein and Bill Clinton and Larry Summers (the US Treasury Secretary 1999-2001) were all hanging out together on picrel’s chart? the late 90s- early 2000's, that's when:>bill clinton was pres>larry summers was treasury secretary>when Clinton counted Social Security twice and everyone thought we had a surplus>when they repealed Glass-Steagall b/c everyone thought we had a surplus for THE FIRST TIME IN 100 YEARS (pic rel), but that turned out to be a fucking lie, toowait until i update this chart lol
>>540318499You seem to be confused.The only way spending occurs is when Congress apportions it. That creates the reserves in the banking system then and there, so this idea that the US is not spending the currency into existence is bizarre. It's plainly evident what is happening right in front of everyone's face.https://www.youtube.com/watch?v=pex89N9Oqoghttps://www.youtube.com/watch?v=-WywONy-Gvkhttps://www.youtube.com/watch?v=mU6JUVumCds
>>540318376>It's unironic because at the time it was done, the thinking was that conservatives had to be politically barred from trying to take it away and having people pay into it gave them a moral right to collect.right. the demonrats intentionally chose to lie to their voters and their voters deserve the consequences of believing a stupid lie
>>540318512In this scenario you have created in your head, is production also falling off a cliff? Like, are there no goods and services? Answer this seriously because I am asking it seriously.
>>540318606yeah, Ross was looking good until glowniggers threatened him, he dropped from the race, and when he re-entered, somehow he had basically no momentumbut when you know about the consent decrees signed between Rs & Ds in the 80s, it makes a little more sense
>>540318719> its the government> its the quango that the government set upthe weimar central bank was imposed on germany by the allies for the purpose of extracting everything from germany as "war reparations" but the amerifuck central bank was imposed on the americans by wilson to extract everything for... the central bank owners, not the congress
>>540318376Shifting deck chairs on the Titanic. It doesn't matter how SS is funded the fundamental issue is that the ratio of taxpayers to transfer recipients is so lopsided that young people will never be able to afford houses or ever retire. We have essentially created a class of geriatric aristocrats who use their monetary and population largesse to fuck everyone else and there is no democratic way out of this problem for zoomers.
>>540318657>wait until i update this chartI'll be waiting, fren
>>540318898and v2 was the BIS
>>540318719>The only way spending occurs is when Congress apportions it.no, kekthere are FOUR ways currency is created in the US:1 Congressionally-approved Public Issues treasuries for deficit spending via the issuance of marketable US treasuries sold by the NYFed’s primary dealers aka Debt Held by the Public (now ~$38 T)2 Intragovernmental Debt GAS securities (aka ‘Unfunded Liabilities’) that are created/issued for currency to run public agencies (over ~$134 T now) and ARE PURCHASED WITH YOUR PAYROLL TAXES3 The commercial tier 2 depository banking sector, it makes small loans in which only the interest remains in the banking system after the loan is paid back (the principal and repayments are destroyed when the loan is repaid) —this can remain when the Fed is dissolved4 QE, this is fucking counterfeiting by the now-insolvent NYFed's primary dealers since 2008 via IOER (now called IORB) and we pay all sorts of interest on this, increasing every day with raising rates (pic fucking related)also, pic rel:Now the bankrupt, boomer-run Federal Reserve franchises have their dream come true, note the right side of the chart, high reserves and high IORB at the same timethe last time they tried to have both, JPM got raided by the FBI for rigging treasury and silver markets which caused the repo spike, all big banks failed again quietly and got bailed out again for trillions in Sept/Oct 2019 and then we had covid, which shut down the economy and conveniently hid their illiquidity lol
>>540291554Make exemptions for the cuts, Hasidic Jews should be protected from any reductions in social security.
>>540318895Perot was a disingenuous liar conning Americans into thinking government budgets have anything in common with household or business budgets. He was a fraud through and through. A Perot presidency would not have looked meaningfully different from the other Texas oilman dipshits we've had in office.
>>540318764Reorienting the economy around healthcare services (or tourism) leads to Dutch Disease. Having too many old people makes your economy less dynamic. That is just reality.
>>540318916You've got a script and you're sticking to it.Is there a shortage of the goods and services that most recipients will typically spend their social security money on?
>>540318945good day anon
>>540318916the problem isnt the concept that everyone pays taxes or that old or disabled people get transfer payments, its that* the class of demonrat bureaucrats make sure that migrants and minorities get transfer payments in exchange for voting for demonrats* old people who voted to borrow against future revenues to fund migration and war have already spent those revenues so they deserve nothingbasically if we kick every demonrat voter off social security and medicare we can have a functioning welfare state. the most effective and moral way to do that is to wantonly slaughter them
>>540292116This.We've seen this shit play out before.
>>540319000checked
>>540319062The government, as the issuer of the currency, can reorient the economy around whatever it physically can. The money can always be there at the snap of a finger (or push of a button). But the private sector in America already made its choice in the 80s and 90s when it deindustrialized the country to stick it to its union labor work force and seek further financialization.So I really don't know what on earth you're actually saying. It is confusing and not forming a coherent point. There is no lack of money for SS. That's a pretend problem. Okay? You seem to be pretending that having a certain number of old people necessarily means there aren't as many young people, but this seems to be attached to an underlying Malthusian right wing assumption of asset creation -- e.g. bullshit.It's a right wing parasite desire for assets to remain high. That seems to be the issue you're complaining about, but you don't have the mental tools to describe it. The idea that we may have a captured government that doesn't allow the State machinery to work as it should and is actively preventing the creation of new assets is seems to be beyond you. It's old people's fault for not dying fast enough and freeing up existing assets.
>>540319114>Is there a shortage of the goods and services that most recipients will typically spend their social security money on?housing: asset bubble plus mass migration makes it unaffordablefood: prices have been doubling every few yearshealthcare: people are walking around with more and more treatable conditions that arent treated nowenergy: prices go up very fast now
>>540319035ok purple hair
>>540318719No retard, the US government doesn't "spend currency into existence." The Fed is not the government. Until you can understand this basic fact you have no business participating in any discussion about monetary policy as you are just spreading disinfo which only benefits jew banks by making retards think they are operating on behalf of the government.The Fed spends currency into existence via things like QE, open market operations, interest payments on reserve accounts, and overnight reverse repos. While some of this is used to indirectly prop up US treasury markets, it is completely independent of them BY LAW. The Fed cannot create dollars for the purpose of balancing the fiscal budget or even buy new issues of US debt. It can only buy treasuries second hand on the market and it never cancels that debt. If the Fed was working on behalf of the government we might expect it to be forgiving the debt that it buys, but that never happens.Again, only the Fed can create dollars and they are NOT the government. MMT obfuscates this and serves as central bank propaganda by making retards think that (jewish) central banks are part of the government when that's explicitly not true. MMT would apply only to countries like China which actually retains its monetary sovereignty but it does NOT apply to countries under the jewish model. If you cannot understand this distinction you shouldn't be spreading disinfo.
>>540319493>private sector in America already made its choice in the 80s and 90s when it deindustrialized the country to stick it to its union labor work force and seek further financialization.no. the quango central bank and the banks people make 419(k) tithes to bought all the small businesses, sold the factories to china, brought in h1v and illegal migrants to replace americans, and its actually illegal to prefer americans to migrants under the snivel rights laws that back up the dei mandates from the investment banks
>>540319493>It's a right wing parasite desire for assets to remain highyou are a disgraceful neoliberal faggot and no one doest see your university, bank, bureaucrat polygon youre protecting with misdirection. mandarins get the maoist treatment
>>540319788>back up the dei mandates from the investment bankscheckedthat fucking cartoon kek
>>540319517And have there been any government led initiatives to solve any of these issues? No, it doesn't seem that there have been -- definitely not on the right wing side.Right wingers want asset prices high. I don't think I need to drag out the Trump quote, right? You know it.Farmers and corporate farmers again want asset prices very high, they want to sell to a global market and they want you to compete for their product. Has there been any effort to subsidize government skyscraper vertical farms? No. We get Mamdani pretending to run a convenience store chain.Again -- it is the conservative view that healthcare is not a "right", it is a market good that you need to pay market price for. Is the problem that there is no actual supply, the literal medical services don't exist to be performed, or that people can't afford them? There is a difference.Energy: we have an administration that deliberately started a hot war in the largest oil exporting waterway in the world and has seen oil and gas infrastructure destroyed. The latter is also true for the GAE's front in Eastern Europe with Russian refineries a regular target for bombing in that war of choice. This same administration abolished penalties for CAFE standards and eliminated the $7,500 rebate on EV purchases -- they clearly don't want competition to petroleum fuels and they want you to use more of them to cover the same distance. Has there been any federal building code mandates around something like passivhaus for home building? No. It's just cutting funding for solar and wind. It's very clear from the way they are behaving that they don't view energy consumption and price levels the same way you do. Otherwise they would behave differently.
>>540319000Issuing government debt isn't issuing currency. It's a very important distinction to understand. Only the Fed has the power to create new dollars out of nothing. 90% of this is done electronically on their ledger and the remaining 10% is physical cash that they allow the Treasury to print on their behalf. The key caveat with the latter is that the US Treasury is barred by law from printing physical dollars without an order from the Fed. The US government can only tax and borrow. Actual currency creation is reserved for the jew banking cartel thanks to the fucking idiots and/or corrupt demons in Congress in 1913.
Is the old Social security number filter active on 4chan? It used to filter it out.###-##-####If the number actually shows up, I'll just delete it, so fuck you.
>>540291554The root cause is health care reform. The health insurance system needs to be systematically purged.
>>540291554I remember all these bullshit predictions about 2025 with the 2008 crisis drainage of the "trust fund". It didn't happen because printer go burr and the same will happen again. Fiat is fiat. There is no fund for "fiat" and as the Uncle Sam has a gun to the citizens heads people will take those dollars until someone else with things more valuable than the dollars buys the guys with the guns. Nothing ever happens.
>>540320030>Issuing government debt isn't issuing currency.Federal Reserve Notes are BACKED BY DEBT as seen in pic here >>540302340The key caveat with the latter is that the US Treasury is barred by law from printing physical dollars without an order from the Fed.This is incorrect. US Notes are also still legal to issue, albeit by law only up to $300M, but we can always raise that limit..
>>540321546edit:>The key caveat with the latter is that the US Treasury is barred by law from printing physical dollars without an order from the Fed.This is incorrect. US Notes are also still legal to issue, albeit by law only up to $300M, but we can always raise that limit..
>>540320030>Only the Fed has the power to create new dollars out of nothingand people do this all the time with barter, kek
>>540292856Are you a communist anon?
<<<—JPM, the NYFed’s largest primary dealer and issuer of our currency, just fucked taxpaying American citizens looking for a car, desperate illegal hispanic immigrants and boomer investors all in one FRAUD!JPM robbing illegal immigrants in the US with super high rate Tricolor loans, while also undercutting American citizens' ability to purchase cars.JPM and Barclays using ITIN numbers to fleece desperate immigrants.Then these two NYFed primary dealers are about to fleece investors out of billions, too, b/c they also sold these ridiculous subprime car loans as ABSs (asset-backed securities) kek.https://www.livemint.com/companies/company-results/jpmorgan-fifth-third-among-banks-facing-losses-tied-to-tricolor-11757470534768.html>enabling illegal immigration>NYFed primary dealers>new Dallas/Texas financial exchange and its 'value chain'>increased rates for auto loans>increased car prices>US fucking government working directly to undermine the American middle class (of every fucking color, too)I am going to say that JPM is an equal-opportunity fraudster, as the largest dealer of US debt and the bankrupt NYFed's biggest owner, JPM WILL ROB FUCKING ANYONE, it has no DEI preferences. So, in this way, JPM is very equitable.kek, why is the left so fucking stupid when it comes to the bankrupt fucking NYFed?
>>540292394You are ironically the problem, a parasite on society just like the system. You sit here with your darwin bullshit talking about people dying being good.
kekround and round we go
