politics

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.

Working on building zkTLS infra/products. A ruthless empiricist and meme connoisseur.

http://opacity.network

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.

Growing veggies for the fine folks of Southeastern Massachusetts, w/ a focus on nutrient quality. Always interested in the evolution of digital payments.  🎩 

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.

I know the money goes back to pay current retirees.

Im not sure the system can work going forward. We have the baby boomers who will retire in huge numbers.

While i don’t want to defend our current immigration policy or lack there of, increasing worker age population will likely be part of the solution.

Otherwise the demographics are going to be problematic.