Re:Amazon gets priority while mail gets delayed, say US lett...
by vkou on Monday July 27, 2020 @01:05PM
(#23967024)
Yes, but how are we going to prevent further congressional malfeasance between now and 2094? One of the two parties is not going to stop trying to undermine social security every chance it gets in over the next 75 years...
Re:Amazon gets priority while mail gets delayed, say US lett...
by arrosenberg on Monday July 27, 2020 @01:19PM
(#23967193)
We either take responsibility for it as citizens or we get what we deserve.
Re:Amazon gets priority while mail gets delayed, say US lett...
by cwhiz on Monday July 27, 2020 @01:46PM
(#23967518)
Social security is not underfunded.
It is only underfunded due to these two reasons.
Well, which is it? If it were simple to make social security solvent at full promised benefits then surely we would?
Re:Amazon gets priority while mail gets delayed, say US lett...
by arrosenberg on Monday July 27, 2020 @02:01PM
(#23967688)
You claimed it was unfunded, not underfunded. Please read more carefully.
And no, surely we wouldn't. The Republican Party wants to destroy Social Security, they aren't interested in anything that would make it stronger.
Social security is not an unfunded liability. If you look at your paycheck you will see a line that explicitly goes toward funding social security. It is currently underfunded due to (1) Congressional malfeasance; and (2) the $120K cap on paying into the fund.
Even the underfunding is nowhere near as bad as advertised - current funding is sufficient to pay full benefits through 2035 and about 80% of benefits from 2035-2094. If we pay back the borrowed money and remove the income cap the funding issue would resolve.