Defense:||||||||||||||||||||||||||||||||||||||||||||||||||||||||Boomer Welfare:||||||||||||||||||||||||||||||||||||||||Interest on Debt:||||||||||||||||Everything Else:|
As yet, social security is still a SELF-FUNDING program that lends money to the general fund. I’m gen-x, not a boomer. Stop buying into generational warfare. We have more in common with working class boomers than with gen Z tech bros.
It’s also had negative cash flow for the last decade despite exponentially growing future obligations, and is currently trending towards insolvency by 2033. That’s what happens when you detach expenditures from taxes. So while boomers are simultaneously enjoying low taxes and reaping the benefits of social security, the fund will run out of money before it can have any chance of paying out for millennials. It’s not like the social security taxes I’m paying now are being “set aside” for me - they’re going directly into the welfare checks for my parents.
As someone who has spent a lot of their time around wanna be gen z tech bros, 99% of people have more in common with a damn antelope than gen z tech bros, especially the fanatically devoted ones. Those guys make some Jonestown people look like they aren’t weren’t in a cult
USA:
Defense: |||||||| |||||||| |||||||| |||||||| |||||||| |||||||| |||||||| Boomer Welfare: |||||||| |||||||| |||||||| |||||||| |||||||| Interest on Debt: |||||||| |||||||| Everything Else: |As yet, social security is still a SELF-FUNDING program that lends money to the general fund. I’m gen-x, not a boomer. Stop buying into generational warfare. We have more in common with working class boomers than with gen Z tech bros.
It’s also had negative cash flow for the last decade despite exponentially growing future obligations, and is currently trending towards insolvency by 2033. That’s what happens when you detach expenditures from taxes. So while boomers are simultaneously enjoying low taxes and reaping the benefits of social security, the fund will run out of money before it can have any chance of paying out for millennials. It’s not like the social security taxes I’m paying now are being “set aside” for me - they’re going directly into the welfare checks for my parents.
As someone who has spent a lot of their time around wanna be gen z tech bros, 99% of people have more in common with a damn antelope than gen z tech bros, especially the fanatically devoted ones. Those guys make some Jonestown people look like they
aren’tweren’t in a cult