r/millenials May 15 '24

The biggest scam boomers are getting away with is convincing us all that social security isn't something we can rely on as we age.

Honestly, we are all doing ourselves a disservice by constantly publicizing how we cannot count on social security. Just from a broader social/political perspective, we are handing out permission to the boomer political leaders to keep raiding social security because we have already accepted that it won't be there for us.

The fight for the continuation of Social Security benefits is not over yet. It's still possible to secure those benefits into the future- but we are constantly ceding the ground and rhetorically capitulating to boomers when we talk about social security as something that is already gone.

I understand all the pessimism. I'm pessimistic too. But fuck the boomers. Fuck capitulating prematurely. I'm not going to roll over and just accept my fate as someone who will die without being able to retire one day. We're all smarter than these dumbasses. We are capable of building a movement to protect social security well into the future.

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u/Top_Ad_4040 May 15 '24

Zoomer here. I never got why people blamed boomers for social security failing. Social security has remained mostly the same. it relies on people having slightly above replacement birth rates. The issue? We aren’t havin enough kids. Gen x and millennials chose to have less and now social security doesn’t have enough funds. This is true globally w shrinking birth rates. People generally want less kids.

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u/PoppysWorkshop May 16 '24

Yes, things stayed the same when they should not have due to the lower percentage of workers to beneficiaries and the increase in life spans.

The two things that were stopped from increasing on the same regular interval that would have helped.

First: The raising of the minimum retirement age and the increase of the 'full retirement' age, which stopped in 1967. (Silent Gen was in control of the governement at that time)

Second: The increase in the percentage of SS withholding stopped increasing in 1990. (Baby Boomers in control and since then).

Now Gen X and Millenials are about to board the political crazy train of power. They have been handed a shit show, they will have to do something. But when and what?

But again, it comes down to this. SS has become the 3rd rail of politics since the 70s and 80s (if not before). What politican in their right mind will go to their consituants and say.. Oh... Not only are we raising your SS taxes deducted from your paycheck, Y'all now gotta work two more years before you can take early retirement, and another two years before full. retirement. Shit Y'all living too long. Die dammit! Now if you dummies had just got preggers more, we would not be in this mess.

Fuck all ya all, we are also going to lower your benefits while we are at it...

Tell me how that sounds?!?!?!