WH Budget Chief: " I Hope Fewer People Get Social Security Disability Insurance"

[MiddleClass]

132. I totally agree, technically, your right on how it's funded,

But when you pay into Social Security taxes, it includes disability insurance now.

But yes, the funding comes from the general fund and must be voted on as a transfer to the disability, account.

When they added the fund was the last time they adjusted the six percent each rule, that's why. Self-employed pay 12 percent.

An aging population is the reason the trust fund is finite. Baby boomers retiring is a bigger number than Gen X and millennials combined. The whole 14 workers for every retiree, I think it's down to seven and going lower. After the baby boomers. It should level out for a while.

It's a logical fallacy. "When social security started in 36 life expectancy in America was 68 and now it's above 78" because the reduction in infant death, diseases like smallpox, kids, not dying in farmyard accidents is what did most for that 10 year increase, life expectancy after reaching the age of 65 only increased a few years.

I went from three jobs to one source of income, Social Security and one source of healthcare, Medicare, both controlled by these pricks in Washington, so I'm very protective of both.

Used to date a litigation paralegal years ago, last I heard she was married in Scarsdale