BREAKING: U.S. Social Security funds are projected to be depleted 2033, year earlier than previous estimate, per Reuters.
@unusual_whales Big reckoning coming due to low birth rate. Japan is a leading indicator.
@elonmusk Elon, in your opinion what should be done, if anything, for Social Security programs in future generations? Link to the full story here as well: unusualwhales.com/news/social-se…
@unusual_whales @elonmusk They should make all pay on their entire salary instead of having a cutoff. They should have never used it for illegal aliens and borrowed from it. I have family members that rely on it
@unusual_whales @elonmusk This is not good imma be 34 by then, what’re they gonna do for us??
@unusual_whales @elonmusk Not sure what his opinion is. But mine is cancel them, all of them. You are responsible for you and your family. Stop all the welfare, social security, medicaid, all of it. Lower the taxes and let people take care of themselves.
@unusual_whales @elonmusk Im not religious, but the bible had it right… “be fruitful and multiply”
@unusual_whales @elonmusk Here is a popular opinion:
@unusual_whales @elonmusk They are looking at a lot of turbulence, but pensions think decades into the future, and we'll have crypto and robots everywhere by then. Money will be of low relevance
We should replace it entirely. It's currently dependent on the next generation being larger than the current, which was always destined to fail. We should be encouraging personal responsibility and savings, safety net only for those unable to work/save. It's a bit blunt to say this, but poor decisions should have poor outcomes.
@unusual_whales @elonmusk They should invest in some Index Funds. Had they done that decades ago it would have never gotten this bad. It would still be bad... But not this bad
@unusual_whales @elonmusk Set it up similiar to a Gov tsp account make it individual but limit any early withdrawals. You get out of it what you put in it over the span of your life.
@unusual_whales @elonmusk Taxed robotic labor That is how this gets solved And tax free for families of 3+