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EulerLagrange.eth pfp
EulerLagrange.eth
@eulerlagrange.eth
Only in the US could we be required to pay into social security, a program that has a -4% return, and people still fight for it to exist.
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BrixBountyFarm 🎩 pfp
BrixBountyFarm 🎩
@brixbounty
Not going to say there aren’t problems with SS, yet I’ve always thought of it as a safety net for lower income earners. And less of social security as “my investments”. Would be happy to see cap raised further to increase the sustainability of it going forward. Could have been managed much better though.
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EulerLagrange.eth pfp
EulerLagrange.eth
@eulerlagrange.eth
My point is simply if you took the required amount and put it into the S&P500 the lower income earners would be much better off.
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BrixBountyFarm 🎩 pfp
BrixBountyFarm 🎩
@brixbounty
Yeah absolutely the fact that it wasn’t “invested” is crazy… not to mention the stimulus to the market of such a decision.
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Joshua Hyde pfp
Joshua Hyde
@jrh3k5.eth
What if the investments went FTX and a significant portion of social security's funds evaporated overnight?
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