Monster10 presents...Top 10 Reasons Social Security Is A Mess!

 
 

Top 10 Reasons Social Security Is A Mess!

 
 

   Top 10 Reasons Social Security Is A Mess!

               

A Monster 10 Report!

With the largest demographic in the United States retiring and the main mode of income is Social Security there are some major issues that have to be addressed if it could remain solvent.  In this report we look at the top 10 things affecting it now.! 

                       

  

 

10- There Is No Set Amount To Fund Social Security!

       “Social Security is an unfunded liability which simply means there is no set savings that actually covers the social security fund.  Many retirees are under the impression that there is a pool of money just sitting their waiting for them to retiree which is extremely contrary to the truth..…………..!

 

 

 

 9- There Is A Demographic Issue!

       “Baby Boomers are the largest population demographically in the U.S. at the moment and there is not working adults in the generations after to support them financially ...…………....…..!

 

 

 

8- Disability Is Pooled From The Same Social Security Fund!

   “Disability has increased drastically since the  great recession of 2008 and this comes out of the social security fund earmarked for retirees....………….. ..…..!

 

 

7- Food Stamps Are Distributed From The Social Security Fund!

Food stamps has grown past the number of new jobs being found and is taken from the same pool of money as social security ....... ....……..!

 

 

6- Political Suicide To Challenge Anything On Social Security!

   “ Even though Social Security Has Major Problems no politician will dare touch it because it could spend end to their career........…..!

 

 

 

5- Unemployment and Under-Employment Has Major Effect On Social Security!

      “Regardless of what’s being portrayed in the U.S. news unemployment and underemployment are still affecting the majority of Americans.  Since Social Security is paid from withdrawing money from the employed high unemployment and under employment has drastically diminished funds.  This is going to cause havoc as time progresses.…………. ..…..!

 

 

4- Lower Earners Want Higher Benefits!

    “Inflation on every day products has made it increasingly hard for many seniors who are living on solely that fixed amount.  Many seniors are complaining demanding more money because of this....………….. ..…..!

 

 

3- Structural Problem In The System Of Social Security!

     “Social security was created in a world where people had children and hopefully those children would have employment for the future.  This is not the case the populations that come after the generations just don’t make up the numbers to support the baby boom generation.  And, even if they did there is very little employment .” …………..!

 

 

2- The Money For Social Security Was Spent And Does Not Exist!

       “The federal government borrows every dollar into existence and the surplus that once was received in the 90’s was spent by the Clinton Administration to balance the budget.....………..!.

 

 

And The Number 1 Reason Social Security Is A Mess Is …………..

 

 

Monster Growl Please…………………………….

 

 

1-    1-Medicaid Is The Elephant In The Room For Social Security!

       “DING DING DING!!! Medicaid is a huge problem in the mega trillions that is rarely talked about.  Medical cost rise as the individual gets older and it’s also drawn from Social Security.  This elephant will crush the system it’s just a matter of time.  …………..!

GRRROOOOOOAAAAAR

   
 



 

   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
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