That's actually not how Social Security and Medicare work - the payments to retired people are funded by taxes collected from workers now. If this is difficult for you to see, explain how the first recipients of SS and MC who did not pay into the system got their checks and healthcare. If it were pre-paid insurance, then it would be impo…
That's actually not how Social Security and Medicare work - the payments to retired people are funded by taxes collected from workers now. If this is difficult for you to see, explain how the first recipients of SS and MC who did not pay into the system got their checks and healthcare. If it were pre-paid insurance, then it would be impossible for it to go bankrupt. The reason that it *is* going bankrupt is our birthrate is too low (and falling). It would be going bankrupt even faster if all those brown people didn't have so many kids. The reason Social Security was marketed as "insurance" is so that conservatives would accept it - you wouldn't be getting it otherwise. I write this as a Gen-Xer who has paid SS taxes my entire life and has zero expectation that I'll receive a penny. Also, for what it's worth, the year I was on Medicaid in grad school was by far the easiest and most hassle-free experience I have had with our healthcare system. The words co-pay, co-insurance, deductible, explanation of benefits vanished into thin air, and I spent exactly zero minutes on hold with insurance companies waiting to fight for reimbursement that I had paid for. Contrast this with the at least 8 hours I have wasted so far this year trying to get new insurances set up and connected to my doctors (and I have a PPO!).
"The reason that it *is* going bankrupt is our birthrate is too low (and falling). It would be going bankrupt even faster if all those brown people didn't have so many kids."
I'm anything but a natalist, but I find your analysis accurate.
The SS system is premised on people reproducing and their kids going to work. I, and may others, don't want to or can't afford to have kids. Many are also out of work. Oopsie.
That's actually not how Social Security and Medicare work - the payments to retired people are funded by taxes collected from workers now. If this is difficult for you to see, explain how the first recipients of SS and MC who did not pay into the system got their checks and healthcare. If it were pre-paid insurance, then it would be impossible for it to go bankrupt. The reason that it *is* going bankrupt is our birthrate is too low (and falling). It would be going bankrupt even faster if all those brown people didn't have so many kids. The reason Social Security was marketed as "insurance" is so that conservatives would accept it - you wouldn't be getting it otherwise. I write this as a Gen-Xer who has paid SS taxes my entire life and has zero expectation that I'll receive a penny. Also, for what it's worth, the year I was on Medicaid in grad school was by far the easiest and most hassle-free experience I have had with our healthcare system. The words co-pay, co-insurance, deductible, explanation of benefits vanished into thin air, and I spent exactly zero minutes on hold with insurance companies waiting to fight for reimbursement that I had paid for. Contrast this with the at least 8 hours I have wasted so far this year trying to get new insurances set up and connected to my doctors (and I have a PPO!).
"The reason that it *is* going bankrupt is our birthrate is too low (and falling). It would be going bankrupt even faster if all those brown people didn't have so many kids."
I'm anything but a natalist, but I find your analysis accurate.
The SS system is premised on people reproducing and their kids going to work. I, and may others, don't want to or can't afford to have kids. Many are also out of work. Oopsie.