Re:Moody’s strips U.S. of triple-A credit rating
by senectus1 on Saturday May 17, 2025 @11:44PM
(#44018862)
not entirely true, American social security is paid for by the current generation.
They'yr not paying for their own, they're paying for the receivers of it. The debt has already accrued. and worse yet, those that did not pay for the social security they're receiving are now living longer and costing more. Its like a "life interest".
They'yr not paying for their own, they're paying for the receivers of it. The debt has already accrued. and worse yet, those that did not pay for the social security they're receiving are now living longer and costing more. Its like a "life interest".