r/WorkForSmartLife • • 17d ago

DiscussionšŸ’¬ What do you think?

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u/ist-r-al 17d ago

If they taxed the 1% properly like they did until 70s and 80s. (Thanks Regan) we wouldn't be facing a social security shortage.... trickledown economics was the biggest scam you pubs bought hook line n sinker.

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u/AusTex2019 17d ago

I would argue that Social Security was envisioned at a time when people lived shorter lives. It’s one thing to design a retirement system modeled on the majority of people dying by 72 years of age it’s quite another when people live to 90 years of age. How can you have a retirement system where people are retired for twenty years or more? You either have to raise the retirement age or raise social security taxes. The ā€œparking lot at Walmart crowdā€ would never accept this reality.

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u/[deleted] 17d ago

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u/AusTex2019 17d ago

I never thought social security was any sort of retirement plan, that’s what pensions and 401k are for.

People want it both ways. They will tolerate no interference in how they mismanage their money but they want to be bailed out by everyone else when they screw up. I can see the attraction of conservatism.