Social security is a foundation for many people. They need it to survive. Without it, they would fall far below the poverty line and need emergency assistance. The only issue here is that the money has been squandered. So there are two options. The government can pay people more money, not cut back on benefits, and just raise taxes. Or they can cut what people were expecting and deal with the consequences.
LOOK THROUGH MY BOOKS!: http://books.themoneygps.com
SUPPORT MY WORK: https://www.patreon.com/themoneygps
PAYPAL: https://goo.gl/L6VQg9
BITCOIN: 1MbAUXsHa8XRFMHjGurd7L5nRDYJYMQQmq
ETHEREUM: 0xece0Dd6D0b4617A8D94cff634C64155bb1cD8C2C
LITECOIN: LWh6fji4WrJT7FAbFvFSZ9jVNCgVM3dHod
DASH: Xj9RXrvhXbaL3prMDvdzAxM8gDB2vDiZrh
MONERO:47q5qDPkDBLRadwcSXDsri3PNniYRYY1HYAhidXWAg8xXHFFZHFi7i9GwwmZN9J5CJd8exT4WARpg2asCzkuoTmd3dfcXr6
STEEMIT: https://steemit.com/@themoneygps
DTUBE:
T-SHIRTS: http://themoneygps.com/store
PROTECT YOUR CRYPTO WITH THE TREZOR: https://goo.gl/keoFei
Sources Used in This Video:
https://goo.gl/UpprQe
Warning: Social Security faces a 23% cut - MarketWatch
https://www.marketwatch.com/story/warning-social-security-faces-a-23-cut-2017-11-27
_tr.book
https://www.ssa.gov/OACT/TR/2017/tr2017.pdf
Warning: Social Security faces a 23% cut - MarketWatch
https://www.marketwatch.com/story/warning-social-security-faces-a-23-cut-2017-11-27
download (6)_0.png (482×290)
ECON1.png (529×307)
download_0.png (482×290)
download (1)_0.png (502×290)
buybacks jpm 2.png (890×728)
2018-03-01_9-32-41.jpg (890×560)
Silicon Valley home shatters new record with enormous price tag
https://www.mercurynews.com/2018/03/02/sunnyvale-home-shatters-new-record-with-enormous-price-tag/
▶️ DTube
▶️ IPFS
What do you think would happen if the government actually did cut back on Social Security?
Transfer 0.500 SBD or 0.500 steem to @mrbean1 and put the link of your post in the public memo I GIVE you FOLLOW AND 7 good UPVOT and resteem by @mrbean1
click here to read more about meWhat a fantastic video! So clear and nice presented economic facts, I am glad I have found your channel!