You'll get your SS...IF the country hasn't collapsed by then from the drain of welfare...it just won't be worth anything. Greenspan said that. I added the collapse part.

You CAN'T add everyone to SS. Disability doesn't belong under SS. Disability payments are swelling.

"Over the past two decades, the share of total Social Security spending accounted for by DI has risen from 10 percent to 17 percent. In 2005, cash payments to DI beneficiaries topped $85 Billion. DI recipients are also eligible for Medicare two years after the onset of their disability, further boosting the cost of the program.

In The Growth in the Social Security Disability Rolls: A Fiscal Crisis Unfolding (NBER Working Paper 12436), research-ers David Autor and Mark Duggan explore both the causes and consequences of the recent growth in the DI program."

The Growth in the Social Security Disability Insurance Rolls



That is COMPLETELY untrue...

Read the PDF it talks about the presidents ability to spend money without Congress approval.

Title : Who Holds the Purse Strings? The President's Authority to Spend Money Without Congressional Authorization

Who Holds the Purse Strings? The President's Authority to Spend Money Without Congressional Authorization

The president can wage WAR for 60 days without Congressional approval. Doesn't that cost money? It costs a LOT of money to deploy equipment and troops.

"1973 War Powers Act. That law, passed at the height of the Vietnam War, serves as a constitutional check on the president's power to declare war without congressional consent. It requires presidents to notify Congress within 48 hours of military action and limits the use of military forces to no more than 60 days unless Congress authorizes force or declares war."

Can Obama Wage War Without the Consent of Congress? | Military.com

Stop making stuff up or blindly repeating what you've heard somewhere. MOST of it is untrue. The president can run the country, spend what's needed to do it, AS LONG as it's been previously approved BY LAW. Continuing operations can continue without re-appropriation.

The president can't approve NEW spending, he can't say I want this new program/agency...and shazam he gets it...Congress must approve all NEW spending.

Don't waste you effort being kind while you disagree with me, I don't care about that stuff. Thanks!

I don't look to Hannity or Dobbs for my talking points.
Your memory has failed you as congress has been practically at a partisan standstill for years. In fact Obamma complained he could not get enough done because of it, and that is the reason the Dems are preaching they will be returning the favor...

I believe someone already provided data on Obamma spending without congress approval...

Umm, you do realize that 'TOTAL POPULATION OF THE US'...includes children and the very old, right? :oops:

With ignorance like this...we are so screwed. :ohdear:

I guess I did not make it simple enough for you. If you would have read the whole comment, you would have seen that I did not in any way claim that everyone received SS. Wow, this is really your all time low as far as arguing for the sake of arguing. How you ever thought of seeking some professional help?
This is me being as civil as I can.

Not in work force = 95,185,265

Not in work force includes all persons of working age that are either unemployed, or not seeking employment for some reason.

and don't forget the gov't never speaks to the issue of those who simply disappear from any statistics because they simply have been dropped from any gov't category

Personal Best Regards:

Nice try at obfuscating and trying to wriggle out of your ignorant post. :ohdear:

You stated... "...but there are a lot of those that did not put into SS that are receiving money from it, regardless of what some will tell you..." and then use the TOTAL population of the US to try and make your point.

Given your cultist status of Trump, it's not all that surprising that you tried to mislead (as Chump does), but you really should calm down and quit whining so much...when you get caught. :wave:

It is not my fault that you have a reading comprehension problem. That is between you and your liberal teacher.

Yes, you are correct. The "Trust Fund" is an IOU from the Treasury Department to the Social Security Administration. The IOU represents Social Security tax collected in excess of benefits paid plus interest on the excess. The excess was spent as the Government can only invest in itself via Treasury Bills. As such, there are no actual dollars in the fund - it is just a promise from Treasury to provide money to pay benefits and this money may come from borrowing on the global markets. This may, of course, require raising the debt ceiling. The reason for all of this is that the Government can't "invest" money like you and I can, say in ownership of a company via stock. The Government is it's own bank and lends itself money when it is convenient to do so, which is what the Trust Fund is.

Ever see the movie "Dumb and Dumber"?

The government is the two guys, the SS "trust fund" is the briefcase, the "government" realizing that it was full of money, "borrowed" it, leaving "good as gold IOUs", used the actual money ONLY for necessities. Now it's all gone and they borrow (part of the $20 trillion) to pay SS recipients.

The Fed creates "money" as credit to the banks/government. It's nothing more than a computer entry. Nothing physically backs it up. No gold, no silver, no assets. It's called "fiat currency" and it's literally nothing but a computer entry or piece of paper with no value other than the faith that everyone else will accept it has value.

It was the case until Lyndon Johnson in 1964 started using from it to pay for the Viet Nam war. He replaced those funds with IOU's to be repaid after the war. Well, it turned out to be such a great cash cow, that never came to fruition. Then along comes Reagan and decides that it needs to be taxed.

It was set up as a Trust Fund and to be used only for the stated purpose of supplementing, not becoming the full retirement, retirement in our later years. Had they left it alone, there would be more than enough for everyone, even those still paying into it today with no need to raise contributions on employees or employers. It is not a Government Benefit to be doled out however they see fit to us. We are supposed to be able to make withdrawals from the contributions; it is not a "handout". Think of all the funds that come into it that are never drawn out because people don't live long enough to withdraw, and there is no inheritance.

Yes, it is a DEBT which they owe everyone who has or will contribute. Johnson started BORROWING from it. When you borrow, it is a debt. We just need to find out how to foreclose on that debt.

Borrow ANOTHER $10 trillion...that's how they'll pay us.

That is not exactly true. SS is a "pay as you go" program. There is no ability to save/invest money - the Trust Fund is simply an accounting of what was collected (and spent in the general fund) in excess of benefits paid. SS will need to collect more taxes as there are fewer people working per beneficiary as well as borrow money on the global markets (to the tune of the size of the Trust Fund).

Not really true. The program has always been "pay as you go". The SS taxes collected from you do not exist in an account with your name written on it. An act of Congress can take away your monthly benefit.