It’s also had negative cash flow for the last decade despite exponentially growing future obligations, and is currently trending towards insolvency by 2033. That’s what happens when you detach expenditures from taxes. So while boomers are simultaneously enjoying low taxes and reaping the benefits of social security, the fund will run out of money before it can have any chance of paying out for millennials. It’s not like the social security taxes I’m paying now are being “set aside” for me - they’re going directly into the welfare checks for my parents.
in Australia, when we pay taxes, we get a receipt. The receipt shows what our taxes were spent on (lemmy.world)
I assume “Other purposes” is govt kickbacks to mining and gas companies 😬
reverse Indy (discuss.tchncs.de)
Petting other people's dogs, even briefly, can boost your health (www.npr.org)
I miss all the beans (youtu.be)