Almost half of Generation Z adults said they don’t expect to get any of the Social Security benefits they’ve earned, according to a survey. In a survey released Tuesday by the Nationwide Ret…
Boomers have been saying this since the 60s and continue to say it even as they cash their latest round of checks.
Social Security is crazy popular. Even marginal trimming around the edges is politically suicidal. The only way to end the program is for Congress to shut down the agency and end the distributions. That's not going to happen so long as elections are even remotely contestable. Its the third rail of politics for a reason.
I would predict a military dictatorship before I'd predict an end to SS. One is practically a prerequisite for the other, and even then it would be dicey.
Gen Z? Try Gen X. We're pretty sure that money will run out or be stolen before we retire, long before our kids ever get to retirement age. I mean the politicians have been telling us they're going to steal that money our entire lives.
: "Taxation is theft and we must abolish it, but don't let that get in the way of me helping myself to the tax dollars you pay. It's not theft when poors get taxed for the benefit of their betters."
I doubt it actually will, because if it ever does the country will turn into Mad Max. And, if that ever happens groups with any military acumen will eat the rich like a Costco Chicken.
Almost half of Generation Z adults said they don’t expect to get any of the Social Security benefits they’ve earned, according to a survey.
In a survey released Tuesday by the Nationwide Retirement Institute, 45 percent of Gen Z adults between the ages of 18 to 26 said they expect to not “get a dime” of the benefits they have earned.
More older Americans also expressed concern that Social Security could run out of funding in their lifetimes, with 75 percent of respondents aged 50 and older sharing that concern in the survey, up 9 percent from roughly a decade ago.
The fate of Social Security drew significant attention around Capitol Hill earlier this year as Republicans and Democrats warred over how to tackle the nation’s climbing debt, which stands at more than $32 trillion.
Instead, 49 percent of respondents pushed for tax increases on higher earners to pay for the program.
The sample data is accurate to “within plus 3.0 percentage points using a 95 percent confidence level,” the survey notes.
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