Social Security was designed as a mostly “pay-as-you-go” system
In the 1980s onward, Social Security was a "pay as you go" system, about 90% funded by then current workers, who also funded the "trust fund".
Business: 100 applications per job opening
Situation normal, actually.
Government: Who pays taxes?
Do the rich pay their "share" of taxes?
An Analysis of X posts on Gen Z vs Social Security
The Gen Z vs Boomers Social Security posts on X make little sense. (1) Boomers should retire to make jobs available, (2) but that increases SS payouts, and (3) since…
Personal Finance: Spending priorities lean to “looking hot”
No one has any money but they have plenty to spend on looking hot, $2k+/year just on cosmetics.
Economy
Energy
Environment
Finance
Gen Z/Generational issues
Geopolitics
Health-Healthcare
Innovation
Innovative/Creative
Personal finance
Policy/Government
Public Health/Nutrition
Science
Economy: Should billionaires be forced to give away all wealth to the government?
Bill Gates has donated over $200 billion to charitable causes, WHO, foundations, research, drug discovery, education and more.
Generations: Gen Z spends hundreds per month on “treats”
Many lack understanding of money or personal finance. Wealth is created by earning, saving and investing - not by spending.
International: What % of “Boomers” vs “Gen Z” did international travel?
Gen Z has done 4x more travel than Boomers at similar ages.
Economy: What % of Gen Z vs Boomers lived at home at similar ages?
While more Gen Z "live at home" vs Boomers, half of the increase is because about 3x more Gen Z go to college than did the Boomer generation.
Demographics, Education: Johns Hopkins University lowers tuition to free
Another major university to offer free tuition as the demographic collapse takes hold.