this post was submitted on 26 Nov 2023
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A Boring Dystopia

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[–] laverabe@lemmy.world 115 points 11 months ago* (last edited 11 months ago) (20 children)

It is not going to "run out". That is republican talking point and propaganda. God damn that myth is believed by everyone.

The concepts of solvency, sustainability, and budget impact are common in discussions of Social Security, but are not well understood. Currently, the Social Security Board of Trustees projects program cost to rise by 2035 so that taxes will be enough to pay for only 75 percent of scheduled benefits. ^1

75% of benefits will still be paid in even the worse case scenario. The fear mongering is not necessary.

[–] rchive@lemm.ee 1 points 11 months ago (4 children)

"I only robbed you of 25% of your income, what are you complaining about?"

What people mean when they say "run out" is that it won't be able to keep up with its obligations. That is objectively bad. People will get reduced payments. There will be pain.

[–] Goronmon@lemmy.world 1 points 11 months ago (1 children)

You are just changing the definition of words so that your new meaning lines up. Which I guess is one way to approach the argument. But not necessarily a helpful one.

[–] rchive@lemm.ee 1 points 11 months ago

Please see my comment here.

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