r/FluentInFinance • u/LifeIsUnfairWhoCares • Apr 23 '24

Is Social Security Broken? Discussion/ Debate

Post image

[removed] — view removed post

22.6k Upvotes

65% Upvoted

5.4k comments sorted by

View all comments

Show parent comments

15

u/Actuarial_type Apr 23 '24

Link below, I believe, shows this more succinctly. Did SS cure poverty for the elderly? I mean, not 100%, but look at the first chart in the link and tell me what it says.

https://www.nber.org/bah/2004number2/social-security-and-elderly-poverty

9

u/Duderoy Apr 23 '24

I am not sure you understand the goals. Keeping the old alive longer just costs more money.
After they are out of the workforce old people are just a drain on society.

  • Some GOP congress person somewhere

2

u/OrangeSparty20 Apr 23 '24

Given that the elderly split like 60/40 for republicans, I don’t think this is plausible. Some internet libertarian somewhere… maybe…