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    Woman Argues U.S. Is Already in the Worst Depression ever

    Started by RE Sep 01, 2023, 11:31 AM

    Message path : / Society / The American economy / Woman Argues U.S. Is Already in the Worst Depression ever #4


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    RE

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    Sep 01, 2023, 11:31 AM
    Quote from: K-Dog on Sep 01, 2023, 10:58 AMGood we have SS which the great depression did not have.  Sad that I have had to endure fear mongers talking about the end of social security for 50 years.  When SS is actually taken away, it will truly be game over.

    Game over indeed.

    SS and the associated Medicare & Medicaid programs are driving a huge and ever growing sector of the economy, the Med Sick Care Industry.

    My SS and Med bennies are going directly to pay the salaries of the more than 150 full time personnel of this Rehab facility, from the supervising Doctor thru the Nurses & CNAs, the  Social Workers and Food Service workers, Housekeeping & Maintenance staff and Administrative personnel.  Then betond these wall there are paper pushers at medicare andd insurance compahies whose jobsae paid for by facilities like this.  More people work here than there are  residents, there are only 102 of us MAX, though usually a couple of beds are empty on any given night.  More than 150 people work here full time though to keep the place going.

    Beyond this, SS is not only paying the bills of the direct recipient, but also many of the bills of their children and grandchildren who either still live with them or have moved back in to live with them.

    If SS collapsed, the whole damn Amerikan economy would collapse with it.  The more old Boomers there are who are collecting it, the more the whole economy depends on it.  These days, rather than being reduced in size, if anything SS needs to be INCREASED and handed out to more people.

    RE

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