Social Security To Run Out In 2035!

Major

Major

Supporter
Another fact for all of you to sit and think about so that you can grasp what has taken place and is still taking place.

August 14, 1945 is the date that the Social Security Act was passed. When instituted there was approx. 3.6 workers to support each Social Security beneficiary.
Today, when the baby boomers retire, the estimate is that there will be 1.8 workers to support each one receiving social security.

WHY???? The baby boomer generation is the first to practice legal abortion. Since the legalization of abortion in 1973, those of child-producing age have been mostly boomers.

Now, if we make the conservative assumption of 2 million abortions a year since 1973, we are talking about 104 million people who are now dead.

Now, 18 years from 1973 is 1991. Beginning in 1991, the 1st 2 million people would have began to PAY SOCIAL SECURITY TAXES to support those on social security but they do not exist. Every year, 2 million more people would be added to that number paying social security taxes. That number would then amount to that 104 million, approx.

104 million paying 13.5% in social security taxes would then add about 15 million a year into the fund. Fifty Two years x 15 million = $780 Million that should have been added to the fund.

OK........ Today, legal abortions are still done in 20 states and almost all of them are liberal Democratic states. If legal abortion were ended today, in every state, it would begin to affect the worker-beneficiary ratio only around 2040. By 2070, the ratio would increase by enough to remove about 44 percent of the annual deficit now expected by the Social Security Actuaries.

Now, the next time you are sitting around talking with friends about how things work and WHY your social security check was cut, now you will understand why!

Sin always has a payday, if not today someday!
 
Major said:
Another fact for all of you to sit and think about so that you can grasp what has taken place and is still taking place.

August 14, 1945 is the date that the Social Security Act was passed. When instituted there was approx. 3.6 workers to support each Social Security beneficiary.
Today, when the baby boomers retire, the estimate is that there will be 1.8 workers to support each one receiving social security.

WHY???? The baby boomer generation is the first to practice legal abortion. Since the legalization of abortion in 1973, those of child-producing age have been mostly boomers.

Now, if we make the conservative assumption of 2 million abortions a year since 1973, we are talking about 104 million people who are now dead.

Now, 18 years from 1973 is 1991. Beginning in 1991, the 1st 2 million people would have began to PAY SOCIAL SECURITY TAXES to support those on social security but they do not exist. Every year, 2 million more people would be added to that number paying social security taxes. That number would then amount to that 104 million, approx.

104 million paying 13.5% in social security taxes would then add about 15 million a year into the fund. Fifty Two years x 15 million = $780 Million that should have been added to the fund.

OK........ Today, legal abortions are still done in 20 states and almost all of them are liberal Democratic states. If legal abortion were ended today, in every state, it would begin to affect the worker-beneficiary ratio only around 2040. By 2070, the ratio would increase by enough to remove about 44 percent of the annual deficit now expected by the Social Security Actuaries.

Now, the next time you are sitting around talking with friends about how things work and WHY your social security check was cut, now you will understand why!

Sin always has a payday, if not today someday!
Click to expand...
Today people are bewildered about a labor shortage in the US. There shouldn't be a surprise. Planned Parenthood and its fellow travelers have preemptively eliminated more than 40 million American workers in the last half century.
 
Major said:
Another fact for all of you to sit and think about so that you can grasp what has taken place and is still taking place.

August 14, 1945 is the date that the Social Security Act was passed. When instituted there was approx. 3.6 workers to support each Social Security beneficiary.
Today, when the baby boomers retire, the estimate is that there will be 1.8 workers to support each one receiving social security.

WHY???? The baby boomer generation is the first to practice legal abortion. Since the legalization of abortion in 1973, those of child-producing age have been mostly boomers.

Now, if we make the conservative assumption of 2 million abortions a year since 1973, we are talking about 104 million people who are now dead.

Now, 18 years from 1973 is 1991. Beginning in 1991, the 1st 2 million people would have began to PAY SOCIAL SECURITY TAXES to support those on social security but they do not exist. Every year, 2 million more people would be added to that number paying social security taxes. That number would then amount to that 104 million, approx.

104 million paying 13.5% in social security taxes would then add about 15 million a year into the fund. Fifty Two years x 15 million = $780 Million that should have been added to the fund.

OK........ Today, legal abortions are still done in 20 states and almost all of them are liberal Democratic states. If legal abortion were ended today, in every state, it would begin to affect the worker-beneficiary ratio only around 2040. By 2070, the ratio would increase by enough to remove about 44 percent of the annual deficit now expected by the Social Security Actuaries.

Now, the next time you are sitting around talking with friends about how things work and WHY your social security check was cut, now you will understand why!

Sin always has a payday, if not today someday!
Click to expand...

Good morning, Major;

The future of Social Security is a major concern in the United States and the debate for decades suggest it will deplete. I agree the SS system could discontinue by 2035, sooner or later. I would be 78 years old by then.

But for SS to deplete completely will not happen and I'm not saying your thread is suggesting that. What I am saying is when SS runs short of money and it's citizens receive a lesser check, our country will have another program in place. But it won't be called Social Security.

The government would face a huge liability with it's citizens because of the depletion of SS and nothing to replace. Most Americans rely on their SS check but didn't build a savings account, portfolio, earn a pension or other means of a "nest egg."

Does sin play a part in this? Yes. I feel sin of any country has it's consequences, especially our present sins in America. God does not want us to abuse His provisions and there are consequences for our sin.

He entrusts us to be good stewards, giving back His portion and taking care of our responsibilities from all He provides.

This topic definitely should give us all a lot to think about, turning from our wicked ways, personal and as a nation and getting back to obedience with the Lord and all He provides.

God bless you, Major.

Bob
 
bobinfaith said:
Good morning, Major;

The future of Social Security is a major concern in the United States and the debate for decades suggest it will deplete. I agree the SS system could discontinue by 2035, sooner or later. I would be 78 years old by then.

But for SS to deplete completely will not happen and I'm not saying your thread is suggesting that. What I am saying is when SS runs short of money and it's citizens receive a lesser check, our country will have another program in place. But it won't be called Social Security.

The government would face a huge liability with it's citizens because of the depletion of SS and nothing to replace. Most Americans rely on their SS check but didn't build a savings account, portfolio, earn a pension or other means of a "nest egg."

Does sin play a part in this? Yes. I feel sin of any country has it's consequences, especially our present sins in America. God does not want us to abuse His provisions and there are consequences for our sin.

He entrusts us to be good stewards, giving back His portion and taking care of our responsibilities from all He provides.

This topic definitely should give us all a lot to think about, turning from our wicked ways, personal and as a nation and getting back to obedience with the Lord and all He provides.

God bless you, Major.

Bob
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It was all intended to inform and cause us all to think.

It is not a matter of S/S ending, but the amount paid out will shrink maybe even by 50%.
 
Major said:
It was all intended to inform and cause us all to think.

It is not a matter of S/S ending, but the amount paid out will shrink maybe even by 50%.
Click to expand...

Hi Major;

Of course. It's intended to make us all think who are and will be collecting SS.

It's not a matter of SS depleting and the amount paid will shrink. There will be a new system to replace SS.

We're on the same page, brother.

God bless you and thank you for sharing this thread.

Bob
 
Major said:
August 14, 1945 is the date that the Social Security Act was passed. When instituted there was approx. 3.6 workers to support each Social Security beneficiary.
Today, when the baby boomers retire, the estimate is that there will be 1.8 workers to support each one receiving social security.
Click to expand...
Maybe a 10 year reprieve?

President Franklin D. Roosevelt signed the Social Security Act into law on August 14, 1935. It established a social insurance program designed to provide a continuing income to retired workers aged 65 or older based on their lifetime payroll tax contributions. -Google A I
 
crossnote said:
Maybe a 10 year reprieve? President Franklin D. Roosevelt signed the Social Security Act into law on August 14, 1935. It established a social insurance program designed to provide a continuing income to retired workers aged 65 or older based on their lifetime payroll tax contributions. -Google A I
Click to expand...

Hello crossnote;

Thank you for sharing that history note on FDR.

I began working part time at KFC when I was 16. Social Security seemed so far away and a milestones when I first applied. I was told it would take two months after applying but the interview lasted only 10 minutes and was approved in two weeks.

Bob







 
bobinfaith said:
Hello crossnote;

Thank you for sharing that history note on FDR.

I began working part time at KFC when I was 16. Social Security seemed so far away and a milestones when I first applied. I was told it would take two months after applying but the interview lasted only 10 minutes and was approved in two weeks.

Bob
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I knew something was fishy with the Oct 14th 1945 date, remembering the Waltons whose early episodes took place in the '30's and I remember Grandma Walton complaining about 'free money' when SS was first passed. lol
 
crossnote said:
Maybe a 10 year reprieve?

President Franklin D. Roosevelt signed the Social Security Act into law on August 14, 1935. It established a social insurance program designed to provide a continuing income to retired workers aged 65 or older based on their lifetime payroll tax contributions. -Google A I
Click to expand...
Are you suggesting I made a mistake?
 
Good morning,

I received this email from Social Security yesterday.


​
Social Security Administration

Social Security Celebrates 90 Years of Service to the American People​

Today, the Social Security Administration (SSA) proudly commemorates its 90th anniversary, marking its unwavering commitment to the financial security and dignity of millions of Americans. Since President Franklin D. Roosevelt signed the Social Security Act into law on August 14, 1935, the program has grown into one of the most successful and trusted institutions in American history.
“For 90 years, Social Security has stood as a promise kept, ensuring that older Americans, people with disabilities, and families facing loss have the support they need,” said Commissioner Frank J. Bisignano. “As we honor this legacy, we are also building a future where service is faster, smarter, and more accessible than ever before. Through President Trump’s vision, we are protecting and preserving Social Security by delivering extraordinary customer service through technological improvements and enhanced process engineering.”
In an open letter to the American people, Commissioner Bisignano emphasized the importance of Social Security, his commitment to strengthening the agency, and the significant improvements to customer service achieved in his first 100 days in office.
Read the Letter: Commissioner Bisignano’s Open Letter to the American People
Today, Commissioner Bisignano also joined President Donald J. Trump at the White House as the President issued a presidential proclamation, recommitting to always defend Social Security and recognizing the countless contributions of every American senior who has invested their time, talent, and resources into our Nation’s future.
Read the Proclamation: Presidential Proclamation: 90th Anniversary of the Social Security Act
by the Social Security Administration, and was produced and disseminated at U.S. taxpayer expense.​

​

I agree that we must keep abreast on constructive government information that impacts our lives. This letter should give us optimism.

If some of you earned a pension, or have a healthy employee portfolio is a great blessing. I also encourage all of us to build up our nest eggs. If you can put any amount in your savings, even a small amount each week or month, and strive to keep your debt ratio low will also help your golden years.

When we were newlyweds I heard someone say "America was built on credit" which gave us the green light to obtain as many credit cards as possible for personal needs and pleasure. Poo poo to that.

Anyway, I hope what I'm sharing in this topic will encourage us.

God bless everyone and have a blessed weekend.

Bob
 
bobinfaith said:
Since President Franklin D. Roosevelt signed the Social Security Act
Click to expand...
bobinfaith said:
Today, Commissioner Bisignano also joined President Donald J. Trump at the White House as the President issued a presidential proclamation, recommitting to always defend Social Security and recognizing the countless contributions of every American senior who has invested their time, talent, and resources into our Nation’s future.
Click to expand...
odd bedfellows
 
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