Social Security Enduring As Death & Taxes

Don’t believe cynical MSM that’s telling seniors their 8.7% COLA pay raise will not only be more than offset by 2b digit inflation but will BANKRUPT the social security system & leave them destitute by 2034 if not sooner…

Yahoo Finance was one of many media outlets running headlines like “Social Security is getting an 8.7% boost but advocates warn recession could spell disaster [as well] for 2024 benefits.” And, granny’s dog may die next month too. Just recall the legislative history and 70s & 80s “Amendments” Congress passed to bail out the “safety net” system’s when a similar funding crisis loomed. True, 2015 was one year the peanut eaters in the Capitol Building nibbled around the benefits edges by reducing them … modestly. Yet, if anything, benefits have arguably expanded with the ever-expanding Medicare law and the 1975 addition of cost-of-living increases (COLA) which made the 2023 pay raise possible.

No, The Ancient aka Nancy Pelosi and her band of Merry tax & spend compatriots in Congress would not dare significantly cut the benefits of 60 million fellow American seniors who are not Got Rocks like them, but worked an entire life time feeding the system that already gives them only crumbs in return. Nibbles around the edges, including delaying the benefits start-up date again, especially since folks are living longer now? Maybe. Yet another hike in employment taxes? As sure as death itself?

Davd Soul