OK, we can do the math. $900M per month is $10.8B per year and SS spends $1T per year. As I said, it is 1%. Another way to look at it is that there are 65 million on SS. If 600,000 died from the pandemic then that is 1% of the people on SS. Same number. Yet another way to look at it is that 600,000 people died prematurely. If we assume that most would have died anyway from other causes (after all, COVID was picking on those with co-morbidities) over the next 10 years then SS benefits will be decreased by about 0.5% per year, on average, over the next 10 years (assuming a constant death rate) due to COVID.
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Originally Posted by Rich Iwaszko
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