this post was submitted on 06 Dec 2025
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Current boomers have paid for 100% of their Social Security pension from payroll deductions from their working years. Social Security pensions are not dependent on young taxpayers. It hurts to see Lemmy becoming a source of youngster misinformation like Reddit. Lemmy needs to delete this miseducational and divisive thread.
That's not how Social Security works. The money the Boomers paid into the system went to paying benefits for the previous generations. The benefits the Boomers (at least the ones that have retired) are getting now is being paid by the workers in the younger generations. While it's true the program has run a surplus, if the young taxpayers stopped paying into the system that surplus wouldn't last very long.
False. The pension is fully vested by the workers receiving the pension, based on the taxes that they contributed. In fact, many elderly would be better off if the amount they contributed were invested in a hedge fund instead of Social Security.
That's exactly how it works, well other than me having the dates off as the Boomers weren't even born when Social Security was enacted by FDR. When Social Security was enacted, retirees started receiving benefits even if they never paid into the system, which was paid for by the current workers who were paying into the system. It's been like that ever since. Social Security is also not a pension.
You are correct that for most people would be better off investing their Social Security taxes into a hedge fund but workers don't really have a choice in the matter.
Now that's misinformation. They could not afford to survive off only what they put in.
That's why many senior citizens live below the poverty line.
Okay, we're still paying money into social security that we will never receive, so the anger won't just go away
You don't know that you won't receive Social Security. That's just pointless scaremongering. In any case, vote for legislators who will manage Social Security better instead of blaming everything on boomers.
There will never be another general election in the United States.