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Between 1492 and 1930, more than 60 million Europeans immigrated to the Americas. Between 1492 and 1820, about 2.6 million Europeans immigrated, with 50% British, 40% Spanish or Portuguese, 6% Swiss or German, and 5% French.You obviously can’t read. I said, they PAID for themselves and did for decades. The surplus was replaced by Treasury securities which are now part of the yearly DEFICIT. It is monies that SS EARNED for decades that was placed in the general fund. It’s a pay / go system ! It’s not an investment account.
The surplus has been there because illegals are quietly paying billions a year into the fund. Deportation would put the fund even deeper in debt. The cap is $160 k raising the cap like has been done before, and / or having comprehensive immigration reforms to include more immigrant contributions easily takes care of any contrived fear mongering.
Foolish, they’ll be more in the labor force. That and an increase in the cap and everything is paid for till you whiny little bitches stop listening to fix News fear mongering.So you believe AARP versus the Social Security Administration (SSA) Trustees?
Maybe you should read what the SS trustees say:
As a result of changes to Social Security enacted in 1983, benefits are now expected to be payable in full on a timely basis until 2037, when the trust fund reserves are projected to become exhausted.1
At the point where the reserves are used up, continuing taxes are expected to be enough to pay 76 percent of scheduled benefits.
Research: The Future Financial Status of the Social Security Program
Social Security Administration Research, Statistics, and Policy Analysiswww.ssa.govWill Social Security run out of money? Here’s what could happen to your benefits if Congress doesn’t act
A recent report found that starting in 2034 retirees will only receive part of their benefits.
Updated Sun, Jul 30 2023
However, the recent 2022 Social Security Trustees report finds that in 2034, retirees will start receiving a reduced benefit if Congress doesn’t fix funding issues for the social program. In other words, Social Security will exist after 2034, but retirees will only receive 77% of their full benefit starting then.
Will Social Security run out of money? Here's what could happen to your benefits if Congress doesn't act
The Social Security Trustee's 2021 Report forecasted that starting in 2034, retirees will only receive a portion of their benefits.www.cnbc.com
“By 2034 (previously 2035), there will be 77.0 million (previously 78.0) people 65 years and older compared to 76.5 million (previously 76.7 million) under the age of 18."
VS today 2020 Census: 1 in 6 People in the United States Were 65 and Over
Older People Projected to Outnumber Children for First Time in U.S. History
The year 2030 marks an important demographic turning point in U.S. history according to the U.S. Census Bureau’s 2017 National Population Projections.www.census.gov
The older population reached 55.8 million or 16.8% of the population of the United States in 2020.
NoW dummies like you obviously don't KNOW that if you are employed, almost all employers ALSO pay SS 6.2% of
U.S. Older Population Grew From 2010 to 2020 at Fastest Rate Since 1880 to 1890
The U.S. population age 65 and over grew from 2010 to 2020 at fastest rate since 1880 to 1890 and reached 55.8 million, a 38.6% increase in just 10 years.
employees salaries. So consequently they aren't working, they aren't paying 6.2% in SS AND MATCHED by employer 6.2%!
So dummy Dag... If there are 22 million MORE over 65 by 2034 and if there are more people getting SS, AND there are fewer people and employers PAYING the 12.4% in payroll taxes.... WHAT will happen?
Lower SS payments, more borrowing of Federal funds and our economy really in the crapper!
Hilarious. Raise the cap. That’s it. You’re just beating your gums and fear mongering to do what cut benefits ? Raising the cap doesn’t affact the upper class one bit. It’s just a cola that should be raised slightly every year instead of a lot every thirty years. Are you crying yet about something due ten years from now ? We fixed it decades ago, we’ll do it again with lowering benefits ir increasing the retirement age. Now go crawl into a corner and whine some moreSo you believe AARP versus the Social Security Administration (SSA) Trustees?
Maybe you should read what the SS trustees say:
As a result of changes to Social Security enacted in 1983, benefits are now expected to be payable in full on a timely basis until 2037, when the trust fund reserves are projected to become exhausted.1
At the point where the reserves are used up, continuing taxes are expected to be enough to pay 76 percent of scheduled benefits.
Research: The Future Financial Status of the Social Security Program
Social Security Administration Research, Statistics, and Policy Analysiswww.ssa.govWill Social Security run out of money? Here’s what could happen to your benefits if Congress doesn’t act
A recent report found that starting in 2034 retirees will only receive part of their benefits.
Updated Sun, Jul 30 2023
However, the recent 2022 Social Security Trustees report finds that in 2034, retirees will start receiving a reduced benefit if Congress doesn’t fix funding issues for the social program. In other words, Social Security will exist after 2034, but retirees will only receive 77% of their full benefit starting then.
Will Social Security run out of money? Here's what could happen to your benefits if Congress doesn't act
The Social Security Trustee's 2021 Report forecasted that starting in 2034, retirees will only receive a portion of their benefits.
“By 2034 (previously 2035), there will be 77.0 million (previously 78.0) people 65 years and older compared to 76.5 million (previously 76.7 million) under the age of 18."
VS today 2020 Census: 1 in 6 People in the United States Were 65 and OverOlder People Projected to Outnumber Children for First Time in U.S. History
The year 2030 marks an important demographic turning point in U.S. history according to the U.S. Census Bureau’s 2017 National Population Projections.
The older population reached 55.8 million or 16.8% of the population of the United States in 2020.
NoW dummies like you obviously don't KNOW that if you are employed, almost all employers ALSO pay SS 6.2% ofU.S. Older Population Grew From 2010 to 2020 at Fastest Rate Since 1880 to 1890
The U.S. population age 65 and over grew from 2010 to 2020 at fastest rate since 1880 to 1890 and reached 55.8 million, a 38.6% increase in just 10 years.
employees salaries. So consequently they aren't working, they aren't paying 6.2% in SS AND MATCHED by employer 6.2%!
So dummy Dag... If there are 22 million MORE over 65 by 2034 and if there are more people getting SS, AND there are fewer people and employers PAYING the 12.4% in payroll taxes.... WHAT will happen?
Lower SS payments, more borrowing of Federal funds and our economy really in the crapper!
No I don’t know how they felt then. But I know how I feel now. Right now there is only one party interested in fixing it and the other wants to play isolationist and appease the apartheid white ruling upper class rich folk.Between 1492 and 1930, more than 60 million Europeans immigrated to the Americas. Between 1492 and 1820, about 2.6 million Europeans immigrated, with 50% British, 40% Spanish or Portuguese, 6% Swiss or German, and 5% French.
Estimates of the population of the Americas before Columbus range from 30 to 100 million people. Some scholars estimate the population to be as high as 112 million in 1492.
Between 1492 and 1600, 90% of the indigenous populations in the Americas died. This means about 55 million people died from violence and diseases like smallpox, measles, and influenza.
Pay Back is a Bitch. Now you must understand how the indigenous felt about the illegal immmigration of Europeans then.
