1366
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 26 Nov 2023
1366 points (94.5% liked)
A Boring Dystopia
9741 readers
1078 users here now
Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.
Rules (Subject to Change)
--Be a Decent Human Being
--Posting news articles: include the source name and exact title from article in your post title
--Posts must have something to do with the topic
--Zero tolerance for Racism/Sexism/Ableism/etc.
--No NSFW content
--Abide by the rules of lemmy.world
founded 1 year ago
MODERATORS
He kept saying lockbox because there was (and still is) a rumor that Congress has been stealing social security to pay for wars and that's why it's bankrupt.
The reality is that the money is invested in US bonds. Although technically Congress uses that money for wars and other stuff, they pay it back at interest which is overall good for social security (at least compared to cash just sitting there). I suppose if the money was invested instead of being used to buy extremely low yield bonds it could have grown many times over by now, so that's "stealing to pay for wars" by SOME definitions.... But it's not what most people mean with their accusations.
Tl;dr: it's in a lockbox!