Job insecurity at the highest level in 10 years.

[toobfreak]

If your job can be taken by an illegal, you might want to reconsider your life choices.

Even worse if your job is now taken by a computer. Do you know that people with advanced degrees are at greatest risk of being replaced by AI?

 

[Harpy Eagle]

Even worse if your job is now taken by a computer. Do you know that people with advanced degrees are at greatest risk of being replaced by AI?

Depends on the degree.

But sure, it is a lot easier for an AI to replace a coder or a writer than it is to replace a plumber or carpenter.

As a data analyst we use AI extensively, yet I do not fell threatened by it. There is no way it will be able to replace me in the next 5 years, and after that I will be chilling on the beach living the retired life. Right now the thing AI lacks is intuition or maybe discernment is the better word.

My wife is a nurse and there is a far better chance of a doctor being replaced by AI than a nurse

 

[BrokeLoser]

If your job can be taken by an illegal, you might want to reconsider your life choices.

Who do you globalist purple hair people hate more…women athletes or blue collar trade workers who built the middle class?
What about children seeking work experience…aren’t all their jobs taken by 37 year old Guadalupe's with litters of silver tooth filth?

 

[sealybobo]

Social security is not funded on a one to one basis. Its at least two to one. So, if we bring in illegals to fund us, what happens when the illegals retire? We would have to at least double the current population of them to replace their contributions to SS. It will continue until the country is overrun with population.

A ponzi scheme is not the answer.

1. It's not a ponzi scheme. Think about all the people who pay in that never get one dime.

2. Immigrants are the only way we sustain our population. Whites, EVEN BLACK Americans aren't having enough kids. We need hispanics.

3. THEY stole from the fund. Put it back. Stop accepting that the fund is broke. It's broke because they stole from it. You act like we can't demand they put it back

 

[frigidweirdo]

The Democrat Gaslighting Machine tells us that they created a bazillion jobs. So why are Americans so concerned about losing their jobs in this crap economy? Could the Democrats be lying again?

Americans think they'll be out of work and are looking for jobs at highest rate in 10 years: NY Fed survey

More Americans are looking for jobs as unemployment concerns rise to their highest level in a decade.

finance.yahoo.com

Because that's the natural cycle of things.

 

[80zephyr]

1. It's not a ponzi scheme. Think about all the people who pay in that never get one dime.

2. Immigrants are the only way we sustain our population. Whites, EVEN BLACK Americans aren't having enough kids. We need hispanics.

3. THEY stole from the fund. Put it back. Stop accepting that the fund is broke. It's broke because they stole from it. You act like we can't demand they put it back

People paying in and not getting a dime out is the very definition of a ponzi scheme.

And who "stole from the fund"?

 

[sealybobo]

People paying in and not getting a dime out is the very definition of a ponzi scheme.

And who "stole from the fund"?

You think people who have healthcare and don't ever get sick or use the doctor are in a ponzi scheme?

 

[80zephyr]

You think people who have healthcare and don't ever get sick or use the doctor are in a ponzi scheme?

I think that with computerization, we could actually have retirement accounts WE OWN. I have read that one of the main reasons that blacks cannot get ahead is because they leave no legacy inheritance. A personal savings account would help them with that.

 

[sealybobo]

I think that with computerization, we could actually have retirement accounts WE OWN. I have read that one of the main reasons that blacks cannot get ahead is because they leave no legacy inheritance. A personal savings account would help them with that.

I think that would be a great idea.

I'm just honestly worried that in 10 years, right about when I'm set to retire, the powers that be are finally going to decide that our debt matters, because they will owe a lot to retirees. And they will invent a financial crash bigger than 2008. And like Greece had austerity cuts, they will use this great recession to cut MY social security 20%. To SAVE the program. And we will all bend over and take it because what else can we do, storm the capitol? LOL

 

[80zephyr]

I think that would be a great idea.

I'm just honestly worried that in 10 years, right about when I'm set to retire, the powers that be are finally going to decide that our debt matters, because they will owe a lot to retirees. And they will invent a financial crash bigger than 2008. And like Greece had austerity cuts, they will use this great recession to cut MY social security 20%. To SAVE the program. And we will all bend over and take it because what else can we do, storm the capitol? LOL

I don't understand why so many people are against personal savings accounts. Get the government out of it.

 

[sealybobo]

I don't understand why so many people are against personal savings accounts. Get the government out of it.

How much of the Trump tax break did you save? Really? Because most of you were begging the government for stimulus money after being shut down for 1 month.

We all know the answer to this question. The answer is zero.

I wish Republicans could opt out. And I wish I would be around when they turned 65 and had zero savings.

Let me show you something

From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. It’s the largest increase ever recorded by the federal Survey of Consumer Finances, released last fall. Surging home values and rising stock ownership fed the surge.

Some of the new numbers are startling. Average household net worth now tops $500,000 for Americans in their late 30s. For late-40-somethings, it exceeds $750,000. For 50-somethings, it reaches seven figures.

If you’re a 50-something and you’re not worth a cool $1 million, do not despair. Those numbers are averages, and the super-rich drive them waaaay up.

• Average net worth: $1,675,214 (ages 60-64), $1,836,884 (ages 65-69)
• Median net worth: $394,010 (ages 60-64), $394,300 (ages 65-69)

How are people doing with personal savings accounts? Do you realize $394K includes their $200K homes? So they have $200K in savings. How far do you think that will get them?

 

[80zephyr]

How much of the Trump tax break did you save? Really? Because most of you were begging the government for stimulus money after being shut down for 1 month.

We all know the answer to this question. The answer is zero.

I wish Republicans could opt out. And I wish I would be around when they turned 65 and had zero savings.

Let me show you something

From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. It’s the largest increase ever recorded by the federal Survey of Consumer Finances, released last fall. Surging home values and rising stock ownership fed the surge.

Some of the new numbers are startling. Average household net worth now tops $500,000 for Americans in their late 30s. For late-40-somethings, it exceeds $750,000. For 50-somethings, it reaches seven figures.

If you’re a 50-something and you’re not worth a cool $1 million, do not despair. Those numbers are averages, and the super-rich drive them waaaay up.

• Average net worth: $1,675,214 (ages 60-64), $1,836,884 (ages 65-69)
• Median net worth: $394,010 (ages 60-64), $394,300 (ages 65-69)

How are people doing with personal savings accounts? Do you realize $394K includes their $200K homes? So they have $200K in savings. How far do you think that will get them?

The accounts I am talking about would be like SS, only the money would go into personal accounts. Basically the same rules would apply.

 

[Harpy Eagle]

The accounts I am talking about would be like SS, only the money would go into personal accounts. Basically the same rules would apply.

The Govt counts on a percent of people to die before they can collect money in order to help fund the system.

 

[sealybobo]

The accounts I am talking about would be like SS, only the money would go into personal accounts. Basically the same rules would apply.

I'd have to be a jerk to argue that. BUT, there might be a reason that won't work. Because it sounds like a great idea.

Can anyone think of why we don't do it this way?

 

[sealybobo]

The accounts I am talking about would be like SS, only the money would go into personal accounts. Basically the same rules would apply.

I see arguments for why not to do privatize accounts. One of the arguments is why we shouldn't do it now. But it doesn't explain why we didn't do it that way from the start.

Then it talked about some people not saving or a risky stock market. Those don't apply if we do it "just like social security".

I like your idea. If it's exactly like social security only your family gets it when you die. Whatever is left over.

• If Social Security taxes were shifted to fund private accounts, the government would have to cover benefits for current and soon-to-retire workers who contributed to Social Security. This could be financed by benefit reductions, tax increases, or government borrowing, which would eventually need to be repaid.
  I think part of why social security works is that people who die young fund people who live a long time. If I die at 64 I get nothing but if I die at 94 I get paid for 30 years.
  
  

 

[80zephyr]

The Govt counts on a percent of people to die before they can collect money in order to help fund the system.

Then the government is wrong. Stealing the money from potential inheritors is unjust,