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Outside first DOGE caucus meeting, Republican says ‘there will be some cuts’ to Social Security
(www.commondreams.org)
this post was submitted on 18 Dec 2024
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Holy shit I never realized it until you explained it like this. Thank you, and also we are fucked.
This is one of the rare cases where I want to laugh at the silly US, but can't because our "scial security" (we call it "retirement savings") is being missapropriated for general funds as well :(
I just this year set up regular investment (part of my paycheck) into various funds to save for retirement privately.
Social Security got the structure it has after the Great Depression wiped... well, you know. Everyone. Out.
I'm sure your private equity will be run much more responsibly throughout your life though, no need for some big ol' stupid government to guarantee your retirement or anything. Carry on!
I still have the government guaranteed pension as well, not as if I could opt out even if I wanted to, which I don't.
The concept of the day: Diversification!
Social Security is more than just retirement.
We are only fucked if we let it happen.
ffs