don’t you realize that the rich bastards in congress have been STEALING money from the social security fun to use for their idiotic wars?

That’s categorically false. It’s a conspiracy theory driven by people who don’t understand how the SS system works.

What actually happens is that the payroll tax is borrowed from the SS trust fund and replaced with what is essentially a special-issue government bond. The bond doesn’t pay much — — 1.5% rings a bell as the interest rate — but the point is that the government is committed to returning that money to the Trust Fund on demand, which will occur when the Trust Fund runs out of money. So, when that occurs, the government will essentially cover the Trust Fund’s overpayments from the General Fund until those bonds are repaid in full. THEN, and only then, will the SS payments get cut; the fact that the government is “borrowing” the money doesn’t affect the SS “bankruptcy” date one bit (actually, it extends the date a few months).

Don’t buy into the bullshit those thieves are selling you. And stop voting for idiots and criminals

Both parties approve of the system outlined above. And if Mr. Sanders had been elected, it would have been explained to him what would happen to the US’s credit rating if he suddenly stopped the practice without cutting spending drastically.

And, as we all know, Mr. Sanders was NOT about cutting spending.

Written by

Data Driven Econophile. Muslim, USA born. Been “woke” 2x: 1st, when I realized the world isn’t fair; 2nd, when I realized the “woke” people are full of shit.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store