MelroseHawkins
Well-Known Member
#1) Dude, what has more crippled the post office over the years is less mail with the advent or more electronic mail. It's just less. HOw many times do you go to the post office in a year. Prob about as much as one goes to the bank. Maybe 3 times. Hell, there is less junk mail. Now more junk email, junk texts. All digital. Add into that the ascension of FedEx and other private mail services. All together is what has crippled the US Post Office.Yeah, there are a whole lot of people who are not clear about which lawmakers put handcuffs on very good institutions like the Postal Service and Social Security. I am almost positive it was during the Bush 2 admin and a republican congress when they passed the new laws/bills that made the Post Office fund their retirement system to a level unheard of anywhere else. That move has slowly crippled the Post Office as well as Trump's double dealing head of the post office.
And the Social Security system's problems are based on two things. One, that most of us know, is that people live longer than was thought when they were first paying into SSec going back 45 years and the dollars they take out in retirement have lost a lot of value through inflation against each dollar they put into the system going back many years. Hell some people who started paying into social security in the mid-1930s died before they could take out any money. Not know. You have a lot of people withdrawing SSEC for 20+ years.
And the other thing is that the ceiling where wage earners and income earning people stop having to pay SSec taxes on has not kept up with inflation. The ceiling now is what about $140,000 dollars. Hell make that ceiling $400,000 a year and raise more money.
People that make that much money will not hardly miss paying some more SSec tax.
#2) I'm not completely going against your point that people are living longer draining the SS funds. Prob truth to that. The baby boomer families had multiple kids who are now baby boomers and the size of families has gone down over the years. But, people are also working more years and paying in more as SS has increased the age for full benefits. But, add into that, that over the years illegal individuals have flooded our country which prob plays into the decrease in SS funds by people who haven't been paying into it, since they are receiving social benefits even though illegal.
#3 I agree with your last point. I am not super elite rich by any means, but I am positioning my retirement that I don't have to rely on SS at all. I hope to fund my retirement with my retirement savings and the SS is a bonus that I hopefully will be able to help my boys or grandchildren. That is the safest way I can plan. My retirement plan was rocking it until this last year and Biden's first year in office. Now it's flatlined. Thanks Brandon!
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