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markodochartaigh

(5,545 posts)
14. Social Security projections
Mon Feb 24, 2025, 09:58 PM
Feb 2025

say that there should be sufficient money to pay full benefits until 2035. But these projections are predicated on a normal labor market, because benefits are mostly paid from the payroll taxes paid by workers and employers. I worry that a) Trump could set off a severe recession that could last for years, which would lower the amount that was being paid into Social Security; and b) during the next few years it will be necessary to make adjustments to Social Security and during at least some of this period the party which wants to privatize Social Security is going to be in power.

Recommendations

2 members have recommended this reply (displayed in chronological order):

My Social Security is pending. [View all] piddyprints Feb 2025 OP
This is horrific, so sorry you are going through this 😔🤗 Meowmee Feb 2025 #1
From what I've read here lately, piddyprints Feb 2025 #5
yes I hope you get it soon and everyone does, these are very scary times 😢 Meowmee Feb 2025 #7
I just got mine on the right date. I hope everyone else gets theirs. kerry-is-my-prez Feb 2025 #50
That is good, I hope that continues 😁 Meowmee Feb 2025 #52
You don't have to worry about it - people are scaring you womanofthehills Feb 2025 #47
He only cares about people he deems "worthy" and people who rely on SS aren't worthy to him. kerry-is-my-prez Feb 2025 #49
Mine too XanaDUer2 Feb 2025 #2
Me too. piddyprints Feb 2025 #8
I've thought the same thing myself. Prof. Toru Tanaka Feb 2025 #3
Relax, it's there. When it's not there is the time to fret. dem4decades Feb 2025 #4
SS checks will keep coming. trump is capable of anything, but he's not going to tick off 70 million Silent Type Feb 2025 #6
Thank you.... anciano Feb 2025 #9
These are not all doomsday postings Wifes husband Feb 2025 #33
the SS stuff is ( in very large part) chicken little dithering stopdiggin Feb 2025 #36
The issue is Wifes husband Feb 2025 #40
Its been four weeks DENVERPOPS Feb 2025 #41
I believe you are right Wifes husband Feb 2025 #44
The only question DENVERPOPS Feb 2025 #48
I am afraid we are going to find out Wifes husband Feb 2025 #53
I appreciate what you're saying... slightlv Feb 2025 #16
Trump is trying to satisfy three masters DENVERPOPS Feb 2025 #22
And I swear he thinks he can take all his money with him when he dies. slightlv Feb 2025 #24
Never have understood it. Wifes husband Feb 2025 #42
One of the most joyous moments in my life slightlv Feb 2025 #58
The Repubs are already DENVERPOPS Feb 2025 #43
If that happaned Prof. Toru Tanaka Feb 2025 #54
Or someone blowing up the whole mountain! slightlv Feb 2025 #59
I'm cautiously optimistic about the SS checks BUT... Septua Feb 2025 #26
Sorry. You cannot count on that Wifes husband Feb 2025 #31
I can. But, you don't have to. Silent Type Feb 2025 #51
Will there be midterms? Free and fair midterms? elocs Feb 2025 #60
Mine is due the third of the month, but sometimes it's deposited on the last day of the month before.. mucholderthandirt Feb 2025 #10
Who would have thought the IRS would have staff cut at tax time? Wifes husband Feb 2025 #34
Back in the HWBush regime DENVERPOPS Feb 2025 #45
The biggest threat Puppyjive Feb 2025 #11
It's the infantile degradation, as much or more than the workload! slightlv Feb 2025 #19
"...if I was leaving under the circumstances right now... 3catwoman3 Feb 2025 #35
Thank you Puppyjive Feb 2025 #39
And Musk isn't even an employee DENVERPOPS Feb 2025 #46
I agree with your pecking order! slightlv Feb 2025 #57
My is also in a pending status dflprincess Feb 2025 #12
Just the fear of losing SS will cause people to delay retirement which MadameButterfly Feb 2025 #18
I had already delayed retirement - and then Trump! SupportSanity Feb 2025 #55
i hear you MadameButterfly Feb 2025 #56
The wealthiest man in the world thinks we're all fraud, waste, and abuse. IronLionZion Feb 2025 #13
Social Security projections markodochartaigh Feb 2025 #14
In addition to that, decades ago adjustments were made both in ret age slightlv Feb 2025 #20
Saturday Night Live markodochartaigh Feb 2025 #27
President Obama tried to do something about the looming SS deficit. He was rewarded with bashing by Democrats Silent Type Feb 2025 #23
If any of you should have gotten a payment and did not, I just wanted to let you know that I am Wonder Why Feb 2025 #15
I had to change my med advantage health insurance plan at the last minute last year... ihaveaquestion Feb 2025 #17
Why do we even have to wonder if our government is out to get us? A serious WTF? nt Exp Feb 2025 #21
We need to call this fear what it really is: ReRe Feb 2025 #25
Mine comes on Wed... I hope. viva la Feb 2025 #28
If they are holding or stopping my SS... 3825-87867 Feb 2025 #29
I got mamacita75 Feb 2025 #30
I applied 6 weeks ago, I'm 70, and I still have not received it. Wolf Frankula Feb 2025 #32
Remember when Reagan said: The nine scariest words are "I'm from the government and I'm here to help" LogDog75 Feb 2025 #37
I have it automatically deposited. Historic NY Feb 2025 #38
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