For some reason, people miss that Social Security and Medicare are not entitlements. They are mandatory insurance, with the Federal government as the fiduciary is responsible for administering it. Americans paid into it their entire working lives. #WakeUp
https://twitter.com/haveaconcern/status/1444125330646736902
If Americans were given an option to privately fund their retirement and medical care at age 65, the alternatives would have been substantially better resulting in a much larger return on investment and much better medical care. But the promise was that the Federal Government...
in exchange for eliminating the choice, would be a fiduciary that would guarantee the money was safe for all that paid into the system. There is no world that it is ok for the federal government to treat this as an entitlement. If anyone is getting an entitlement it is the...
the Federal Government, who has reached into the funding and used the money and diminished the funds that were supposed to have been held as a fiduciary. The officers of any private insurance company that did that would find themselves in prison. #wakeup #SocialSecurity
@threadreaderapp unroll
• • •
Missing some Tweet in this thread? You can try to
force a refresh
