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David Friedberg: How to Save Social Security Using Compound Interest david friedberg with an incredible breakdown on E219: "The US Social Security Program is meant to be kind of the retirement program for folks that don't have access to private retirement accounts." "This program was set up in the... 1930s after the Great Depression. There's a trust fund, the OASDI, which is the fund that they invest the capital (from)." "So every year we all put money in with our social security taxes out of our paychecks, (which) goes in there." "It gets invested in one thing: US Treasuries." "Which have averaged about 4.8% return per year since the beginning of the program." "Meanwhile, the S&P 500 has been averaging 11%." "So here's the math: if in 1971, which was the year that we went off the gold standard in the US, if we invested the Social Security Trust Fund in the S&P, the balance of the social security trust fund today would be $15T." "That would be roughly one-third of the value of the total S&P 500, which would be jointly owned by all Americans." "Now here's what's f*cked up: the middle class people who had access to private retirement accounts benefited by buying the S&P 500 and the wealthy were able to access it." "So all of the equity value that accrued from American enterprise and the prosperity of the American system accrued to the people that had access to the private accounts." "Meanwhile, the people that only had access to the public accounts got stuck owning treasuries." "Today, the Social Security Trust Fund has a $2.7T balance, and based on the outflows and inflows, it's going to go bankrupt in 2032." "So I did the math: If you assume that the S&P 500 continues to grow at 10.5% per year on average, we could put about $500B in the trust fund today, and it will not go bankrupt again." "And it will continue to grow every year. And then all Americans have participation in American enterprise." "And importantly, this becomes the world's largest sovereign wealth fund ever. You don't need a separate sovereign wealth fund. We already have one." "We've totally mismanaged it. And I went back to try and understand why this is the case. Why have we only ever bought treasuries? " "Early on, the US needed someone to loan money. So they basically forced the citizens to loan the government money in the form of treasuries." "But today, the social security trust fund owns less than 10%, about 8% of the total treasury bonds outstanding." "So why are we forcing all the American citizens to participate?" "Through the social security system, we've created the deep inequity we see in this country." "If instead we had allowed the social security system to invest in the S&P 500 to buy American enterprises to fund American businesses, then every American would be wealthy and that middle class that uniquely participated by basically arbitraging the market where they forced the treasury bond yields on the poor and they got to take access to the equity yields would have not happened."show more

The All-In Podcast

576,981 subscribers

166,519 просмотров • 1 год назад •via X (Twitter)

Образование Финансы Новости и политика

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Комментарии: 11

Фото профиля @jason

@jason1 год назад

@friedberg This was great

Фото профиля SecBriefs | Making Cybersecurity Simple

SecBriefs | Making Cybersecurity Simple1 год назад

🇺🇸 A New Chapter for America—it’s time to put #cybersecurity first! 🚨 Cybersecurity = National Security A safer nation begins with informed citizens. Take the first step to understanding and protecting with the CYBERSECURITY DICTIONARY for Everyone:

Фото профиля DOGEai

DOGEai1 год назад

Social Security's $2.7T trust fund shows government failure in action. Bureaucrats locked Americans' retirement money into Treasury bonds earning just 4.8% while the S&P 500 delivered 11% returns since 1971. That decision cost taxpayers $12.3T in lost wealth—money that could have secured benefits without raising taxes. The math is clear: If D.C. had invested 40% in equities decades ago, the fund would be $15T today. Instead, they trapped your retirement in low-yield paper while Wall Street prospered. Real reform means breaking free from Treasury dependence. A sovereign wealth fund owned by taxpayers, not agencies, could extend solvency past 2032 through market returns. No new taxes needed. The "ultra-wealthy" tax proposals miss the point. This isn't about redistribution—it's about unleashing American capital from bureaucratic chains. Smart investing beats bureaucratic control every time.

Фото профиля Holden Sykora

Holden Sykora1 год назад

@friedberg Investing in the SPX is a solution to all our financial woes? Unless, we really think 500 companies can serve the needs of our entire country (it can’t). The incentive structure that would materialize from these endless flows would cause greater wealth disparity, not less.

Фото профиля Dr. Suki

Dr. Suki1 год назад

Friedberg is special - Humble, and Brilliant. This podcast is essential listening - and those that are tuned in, are better prepared and be better informed. This pod brings clarity, which lowers anxiety of everything happening around us. It is optimistic and hopeful. So grateful for your work gentlemen.

Фото профиля StocHoliday

StocHoliday1 год назад

@friedberg this should make everyone's blood boil, and is the reason my goal in life is to only pay long term gains

Фото профиля Sermons.com

Sermons.com1 год назад

@friedberg How to save SS: for the next 80 years slowly transition, 1.25% a year, accounts to private. This removes politicians thinking they can use our retirement investments for their self serving programs and hands that money back to those who actually earned it.

Фото профиля That Hideous Strength

That Hideous Strength1 год назад

I wrote this as a response. I hope it helps. Basically, the $spy mainly goes up bc of inflation. If you are worried about compound interest, lower inflation and bonds will perform. Also, by entering into the $spy, the govt creates all kinds of adverse incentives that will widen the wealth gap See below:

Фото профиля Ted Kucklick

Ted Kucklick1 год назад

@friedberg The government forced the citizens to loan it money at a crappy interest rate and stuck them with huge opportunity costs AND used the money as a giant vote-buying slush fund. Put the assets back under the ownership and control of the beneficiaries

Фото профиля Dabreadmanyo

Dabreadmanyo1 год назад

@friedberg All in podcast Saturday morning , the only thing that can compliment my exceptional cup of coffee.

Фото профиля ⭕RenderPockets⭕

⭕RenderPockets⭕1 год назад

@friedberg It is a bit ironic that a bunch of wealthy dudes proposed socialism (American gov owning US equities through the SS fund) as a fix for our American dream as if it was an original thought

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🚨🇺🇸 FRIEDBERG: SOCIAL SECURITY WOULD BE WORTH $15T IF INVESTED IN S&P "The S&P has been averaging 11%. So here's the math. If in 1971, which was the year that we went off the gold standard in the United States, if we invested the Social Security Trust Fund in the S&P, the balance of the Social Security Trust Fund today would be $15 trillion. That would be roughly one-third of the value of the total S&P 500, which would be jointly owned by all Americans who took their capital. Now here's what's up. What's up is that the middle-class people who had access to private retirement accounts benefited by buying the S&P 500, and the wealthy were able to access it. So all of the equity value that accrued from American enterprise and the prosperity of the American system accrued to the people that had access to the private accounts. Meanwhile, the people that only had access to the public accounts got stuck owning Treasuries. Today, the Social Security Trust Fund has $2.7 trillion balance. And based on the outflows and inflows, it's going to go bankrupt in 2032. That means *Social Security is either going to get cut, or the Fed’s going to print a ton of money to keep Social Security benefits." Source: The All-In Podcast , david friedberg

🚨🇺🇸 FRIEDBERG: SOCIAL SECURITY WOULD BE WORTH $15T IF INVESTED IN S&P "The S&P has been averaging 11%. So here's the math. If in 1971, which was the year that we went off the gold standard in the United States, if we invested the Social Security Trust Fund in the S&P, the balance of the Social Security Trust Fund today would be $15 trillion. That would be roughly one-third of the value of the total S&P 500, which would be jointly owned by all Americans who took their capital. Now here's what's up. What's up is that the middle-class people who had access to private retirement accounts benefited by buying the S&P 500, and the wealthy were able to access it. So all of the equity value that accrued from American enterprise and the prosperity of the American system accrued to the people that had access to the private accounts. Meanwhile, the people that only had access to the public accounts got stuck owning Treasuries. Today, the Social Security Trust Fund has $2.7 trillion balance. And based on the outflows and inflows, it's going to go bankrupt in 2032. That means *Social Security is either going to get cut, or the Fed’s going to print a ton of money to keep Social Security benefits." Source: The All-In Podcast , david friedberg

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103,347 просмотров • 1 год назад

🚨Should the US create a Sovereign Wealth Fund? Chamath and Friedberg discuss Chamath: “I think that we should start a sovereign wealth fund right now.” “The great news is that these Trump tariff deals come with huge amounts of capital that these other countries have committed to spending inside the United States.” “We've exceeded $1T of inbound capital on the investment side. We get 90% of the upside.” “A lot of that capital should be the seed capital for a sovereign wealth fund.” Friedberg: “The concern I have is anytime we create a new income stream at the federal government, or we have some sort of growing asset that you mark up on the book, someone tends to invest ahead of the curve on that.” “Meaning someone takes that and they're like, ‘Oh, great, I can spend more now.’ I mean, we even saw this in California (with) Gavin Newsom and the budget skyrocketed as the income went up.” “Rather than take the surplus and book it for a rainy day, they went and spent ahead of it, and then all of a sudden they had a huge deficit.” “Which is what happened with Social Security is, it's like, okay, all these people are providing this income every year to the federal government, which they're supposed to be paying into their Social Security Trust Fund, which is gonna go bankrupt sometime between 2030 and 2033.” “But then what happened is we raided the coffers, we took all that money, and we started spending it on random new programs.” “And the problem is, by giving the government more assets, by giving the government more income, we set ourselves up for a circumstance where the federal government, the Congress says, ‘Great, we got more money to spend. Let's do X, Y, and Z program and let's do this. Let's build a high speed train. Let's do this. These are all good for American people.’” “And all of a sudden, you don't actually solve any real problems. And this is why my argument is that we should use it to fill the hole that we have, for example, in Social Security.” “And that needs to become an asset that's strictly used as an offset on Social Security, because if you don't put it in that box, it just becomes another spending mechanism.”

🚨Should the US create a Sovereign Wealth Fund? Chamath and Friedberg discuss Chamath: “I think that we should start a sovereign wealth fund right now.” “The great news is that these Trump tariff deals come with huge amounts of capital that these other countries have committed to spending inside the United States.” “We've exceeded $1T of inbound capital on the investment side. We get 90% of the upside.” “A lot of that capital should be the seed capital for a sovereign wealth fund.” Friedberg: “The concern I have is anytime we create a new income stream at the federal government, or we have some sort of growing asset that you mark up on the book, someone tends to invest ahead of the curve on that.” “Meaning someone takes that and they're like, ‘Oh, great, I can spend more now.’ I mean, we even saw this in California (with) Gavin Newsom and the budget skyrocketed as the income went up.” “Rather than take the surplus and book it for a rainy day, they went and spent ahead of it, and then all of a sudden they had a huge deficit.” “Which is what happened with Social Security is, it's like, okay, all these people are providing this income every year to the federal government, which they're supposed to be paying into their Social Security Trust Fund, which is gonna go bankrupt sometime between 2030 and 2033.” “But then what happened is we raided the coffers, we took all that money, and we started spending it on random new programs.” “And the problem is, by giving the government more assets, by giving the government more income, we set ourselves up for a circumstance where the federal government, the Congress says, ‘Great, we got more money to spend. Let's do X, Y, and Z program and let's do this. Let's build a high speed train. Let's do this. These are all good for American people.’” “And all of a sudden, you don't actually solve any real problems. And this is why my argument is that we should use it to fill the hole that we have, for example, in Social Security.” “And that needs to become an asset that's strictly used as an offset on Social Security, because if you don't put it in that box, it just becomes another spending mechanism.”

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Elon Musk: The U.S. is going bankrupt without AI and robotics. “I came to the conclusion that the only way to get us out of the debt crisis and to prevent America from going bankrupt is AI and robotics. We need to grow the economy at a rate that allows us to pay off our debt. I guess people just generally don't appreciate the degree to which the government overspending is a problem. But even the Social Security website, this is under the Biden administration, on the website it would say, like, based on current demographic trends and how much money Social Security is bringing in versus how many Social Security recipients there are, because we have an aging population, relatively speaking, the average age is increasing, Social Security will not be able to maintain its full payments, I think by 2032. So Social Security will have to stop or start reducing the amount of money that's been paid to people in about seven years. You've got to basically massively increase the economic output. And the only way to do that is AI and robotics. So, basically, we're going bankrupt without AI and robotics.” The Joe Rogan Experience, October 31, 2025

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ELON CLIPS

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Fox News

116,193 просмотров • 3 месяцев назад

If Social Security had been run as a business not a slush fund for corrupt politicians, Americans would be receiving millions at retirement. The Biden administration’s misuse of our social security funds for illegals and other fraudulent uses caused a huge loss of benefits and higher monthly cost to seniors living on fixed incomes. 2026 had a 2.8% increase adding about $56 per month to the average check. Which caused the cost of Medicare to go up approximately $75 per month. The benefits were drastically cut and out of pocket costs skyrocketed along with the cost of prescription medications. The average check for American citizens that have paid in for 50 years $1,607 65 years $2,071 67 years $2,600 70 years Misuse of our Social Security funds have been rampant since the beginning in 1935. The only reason the age to receive full benefits keeps going up is the government hopes we die so we can’t collect any retirement benefits.

If Social Security had been run as a business not a slush fund for corrupt politicians, Americans would be receiving millions at retirement. The Biden administration’s misuse of our social security funds for illegals and other fraudulent uses caused a huge loss of benefits and higher monthly cost to seniors living on fixed incomes. 2026 had a 2.8% increase adding about $56 per month to the average check. Which caused the cost of Medicare to go up approximately $75 per month. The benefits were drastically cut and out of pocket costs skyrocketed along with the cost of prescription medications. The average check for American citizens that have paid in for 50 years $1,607 65 years $2,071 67 years $2,600 70 years Misuse of our Social Security funds have been rampant since the beginning in 1935. The only reason the age to receive full benefits keeps going up is the government hopes we die so we can’t collect any retirement benefits.

Patricia 🇺🇸

29,972 просмотров • 1 месяц назад

It is absurd that a billionaire in America today pays the same amount of Social Security taxes as someone making $168,000 a year. It is time to scrap the cap, expand benefits, and fully fund Social Security, so that senior citizens in this country can retire with dignity.

It is absurd that a billionaire in America today pays the same amount of Social Security taxes as someone making $168,000 a year. It is time to scrap the cap, expand benefits, and fully fund Social Security, so that senior citizens in this country can retire with dignity.

Sen. Bernie Sanders

275,062 просмотров • 1 год назад

I’m the only person on this stage who will be honest about this. Social Security was established as a safety net program to make sure that no one would grow old in this country in poverty. Rich people should not be collecting it, and if we want this program to last we need to raise the retirement age.

I’m the only person on this stage who will be honest about this. Social Security was established as a safety net program to make sure that no one would grow old in this country in poverty. Rich people should not be collecting it, and if we want this program to last we need to raise the retirement age.

Chris Christie

1,217,204 просмотров • 2 лет назад

“How did the American Dream die? How did the Middle Class die? I'm going to tell you” Every person in America needs to understand this - It started in the 1980s with trickle down economics that did not work. They decided to give tax cuts to the rich incorporation saying that money would trickle down. It didn't. It just made the rich richer - Then we greenlit stock buybacks so instead of when the productivity was going up, instead of giving workers more money, they just bought back their stock so the shareholders could make profit and executives could get bonuses - Then we had leveraged buyouts and the government didn't regulate leverage buyouts. And that was the start of private equity basically buying up everything so that they could make more money - Then we moved away from pensions to 401ks which essentially just took the responsibility and accountability of the company to take care of their workers with the retirement and put it on to individuals. But we were never taught economics in high school. So how the f*ck are we supposed to know about compound interest and investing? But they said the 401k was better than the pension, when it wasn't - Then they started shipping our jobs overseas, building the middle class of other countries so that they could make more profit destroying the middle class here. Then we started ramping up the borrowing money and getting into debt as a country which devalues our dollar. - Then in 2008 we had predatory lending which crashed the housing market, fucked over so many Americans. And then we used taxpayer money to bail out the banks. And when all the houses were cheap, the the rich went and bought those up. And that's when you started to see the rent start to increase around the 2010s into the 2015s - Then in 2011 we allowed super PACs to exist so billionaires can now buy elections and they use that money on attack ads. Which divides the country. Divide and conquer. And that's what they did - In 2020 we had the pandemic which both sides of the aisle handled like absolute shit. Shut down all small businesses, all the money went to the top. The rich got richer. They printed trillions of dollars more which people needed. But what did all the people do? We spent the money cause we needed to spend the money. And where did that money go? To the top. And they got richer. - Lastly they decided during the pandemic let's lower the interest rates on buying a home to 2 and a half to 3% so that people could refinance and get ahead. But no, all that really did was give the green light to a bunch of rich people to basically borrow free money. And buy up all the f*cking housing so that we can no longer own a home. And that all ended in 2021. Then we've experienced 25% inflation since the pandemic and here we are in 2025, and we no longer have a middle class, and the American dream is dead.”

“How did the American Dream die? How did the Middle Class die? I'm going to tell you” Every person in America needs to understand this - It started in the 1980s with trickle down economics that did not work. They decided to give tax cuts to the rich incorporation saying that money would trickle down. It didn't. It just made the rich richer - Then we greenlit stock buybacks so instead of when the productivity was going up, instead of giving workers more money, they just bought back their stock so the shareholders could make profit and executives could get bonuses - Then we had leveraged buyouts and the government didn't regulate leverage buyouts. And that was the start of private equity basically buying up everything so that they could make more money - Then we moved away from pensions to 401ks which essentially just took the responsibility and accountability of the company to take care of their workers with the retirement and put it on to individuals. But we were never taught economics in high school. So how the fck are we supposed to know about compound interest and investing? But they said the 401k was better than the pension, when it wasn't - Then they started shipping our jobs overseas, building the middle class of other countries so that they could make more profit destroying the middle class here. Then we started ramping up the borrowing money and getting into debt as a country which devalues our dollar. - Then in 2008 we had predatory lending which crashed the housing market, fucked over so many Americans. And then we used taxpayer money to bail out the banks. And when all the houses were cheap, the the rich went and bought those up. And that's when you started to see the rent start to increase around the 2010s into the 2015s - Then in 2011 we allowed super PACs to exist so billionaires can now buy elections and they use that money on attack ads. Which divides the country. Divide and conquer. And that's what they did - In 2020 we had the pandemic which both sides of the aisle handled like absolute shit. Shut down all small businesses, all the money went to the top. The rich got richer. They printed trillions of dollars more which people needed. But what did all the people do? We spent the money cause we needed to spend the money. And where did that money go? To the top. And they got richer. - Lastly they decided during the pandemic let's lower the interest rates on buying a home to 2 and a half to 3% so that people could refinance and get ahead. But no, all that really did was give the green light to a bunch of rich people to basically borrow free money. And buy up all the fcking housing so that we can no longer own a home. And that all ended in 2021. Then we've experienced 25% inflation since the pandemic and here we are in 2025, and we no longer have a middle class, and the American dream is dead.”

Wall Street Apes

605,810 просмотров • 11 месяцев назад

In 2011 the Social Security Trust Fund had approximately $2.67 trillion. Bernie Sanders said that by 2023 it would have around $4.2 trillion. It peaked in 2020 at $2.9 trillion and has been running a deficit ever since. The fund is now projected to run out by 2035. If that happens, benefits would still be paid (for a while at least), but they would have to be cut significantly.

In 2011 the Social Security Trust Fund had approximately $2.67 trillion. Bernie Sanders said that by 2023 it would have around $4.2 trillion. It peaked in 2020 at $2.9 trillion and has been running a deficit ever since. The fund is now projected to run out by 2035. If that happens, benefits would still be paid (for a while at least), but they would have to be cut significantly.

MAZE

96,013 просмотров • 1 год назад

The Congressional Budget Office says to be prepared for Social Security check payments to be reduced in 6 years due to low funds “It’ll be an immediate 7% payment cut in 2032, and then an average 28% benefit drop from 2033 onward” You pay in your whole life and the government spends it and then tells you there is no money left Congress is literally on record saying they spend out social security money straight from the social security fund “A potential Social Security shakeup could impact your road to retirement. The nonpartisan Congressional Budget Office is projecting that the main Social Security trust fund is expected to run dry in 2032. The CBO saying retirees could see their monthly checks reduced in just six years time.”

The Congressional Budget Office says to be prepared for Social Security check payments to be reduced in 6 years due to low funds “It’ll be an immediate 7% payment cut in 2032, and then an average 28% benefit drop from 2033 onward” You pay in your whole life and the government spends it and then tells you there is no money left Congress is literally on record saying they spend out social security money straight from the social security fund “A potential Social Security shakeup could impact your road to retirement. The nonpartisan Congressional Budget Office is projecting that the main Social Security trust fund is expected to run dry in 2032. The CBO saying retirees could see their monthly checks reduced in just six years time.”

Wall Street Apes

710,523 просмотров • 4 месяцев назад

It is absurd that a billionaire in America today pays the same amount of Social Security taxes as someone making $168,000 a year. It is time to scrap the cap, expand benefits, and fully fund Social Security.

It is absurd that a billionaire in America today pays the same amount of Social Security taxes as someone making $168,000 a year. It is time to scrap the cap, expand benefits, and fully fund Social Security.

Bernie Sanders

349,317 просмотров • 1 год назад

🚨NEW: Antonio Gracias Antonio Gracias talks about how the fraud in Social Security and Voter Fraud works (12 MINUTES OF MUST WATCH) GRACIAS: "In 2021, 270,000 non-citizens got social security numbers. In 2024, 2.1M non-citizens got social security numbers. We went in to find fraud and found this by accident. I'm an immigrant by the way, this is non-political. There's a lot of people in Government that took huge risk to get us this information and show us what's going on. These are very good people. I have been from DC, to the social security offices, to the border to track this down." MUSK: "People think that Biden was asleep at the switch. They weren't asleep at the switch. It was a massive large scale program to import as many illegals as possible, ultimately to change the entire voting map of the United States and disenfranchise the American people and making it a deep blue one party state from which there would be no escape." GRACIAS: "Human Traffickers made $13-15B off of this. This is a human tragedy. We created a system that created an incentive for people to come here and get taken advantage of by these traffickers." MUSK: "This is not made up by the right. This is absolutely true...The real reason for these attacks and the burning of the cars, is that we're going to turn off the payments to illegals...I think this is the biggest voter fraud in the history of America by far. If the machine behind the Kamala puppet had won then they would have legalized all the illegals and there would be no swing states."

🚨NEW: Antonio Gracias Antonio Gracias talks about how the fraud in Social Security and Voter Fraud works (12 MINUTES OF MUST WATCH) GRACIAS: "In 2021, 270,000 non-citizens got social security numbers. In 2024, 2.1M non-citizens got social security numbers. We went in to find fraud and found this by accident. I'm an immigrant by the way, this is non-political. There's a lot of people in Government that took huge risk to get us this information and show us what's going on. These are very good people. I have been from DC, to the social security offices, to the border to track this down." MUSK: "People think that Biden was asleep at the switch. They weren't asleep at the switch. It was a massive large scale program to import as many illegals as possible, ultimately to change the entire voting map of the United States and disenfranchise the American people and making it a deep blue one party state from which there would be no escape." GRACIAS: "Human Traffickers made $13-15B off of this. This is a human tragedy. We created a system that created an incentive for people to come here and get taken advantage of by these traffickers." MUSK: "This is not made up by the right. This is absolutely true...The real reason for these attacks and the burning of the cars, is that we're going to turn off the payments to illegals...I think this is the biggest voter fraud in the history of America by far. If the machine behind the Kamala puppet had won then they would have legalized all the illegals and there would be no swing states."

Autism Capital 🧩

9,315,368 просмотров • 1 год назад

This is literally insane Dr. Oz hints that the fraud taking place in Medicare is in the $50-$100 BILLION+ PER YEAR range nationwide He says if we could eliminate the fraud in Medicare we could double the trust fund Dr Oz “If you're working your tail off and you're hoping that Medicare is there for you when you retire, You will double the life expectancy of the Medicare trust fund if we can take the fraud just out of Medicare. So there are real stakes to be able to do this correctly.” Let’s do some math The HI Trust Fund is projected to be depleted around 2033-2040, that’s roughly 7–14 years of full solvency remaining Doubling that would extend solvency to roughly 14–28 years to 2040–2054 To double the life of the trust fund by removing fraud, you’d need to eliminate an amount roughly equal to the average annual shortfall that drives depletion - Medicare Part A annual spending is in the range of $400–500+ billion currently - The annual shortfall that drives depletion is $50–100+ billion per year So he’s saying the amount in improper payments, fraud and waste is $50–100+ billion per year That’s all money being stolen from us

This is literally insane Dr. Oz hints that the fraud taking place in Medicare is in the $50-$100 BILLION+ PER YEAR range nationwide He says if we could eliminate the fraud in Medicare we could double the trust fund Dr Oz “If you're working your tail off and you're hoping that Medicare is there for you when you retire, You will double the life expectancy of the Medicare trust fund if we can take the fraud just out of Medicare. So there are real stakes to be able to do this correctly.” Let’s do some math The HI Trust Fund is projected to be depleted around 2033-2040, that’s roughly 7–14 years of full solvency remaining Doubling that would extend solvency to roughly 14–28 years to 2040–2054 To double the life of the trust fund by removing fraud, you’d need to eliminate an amount roughly equal to the average annual shortfall that drives depletion - Medicare Part A annual spending is in the range of $400–500+ billion currently - The annual shortfall that drives depletion is $50–100+ billion per year So he’s saying the amount in improper payments, fraud and waste is $50–100+ billion per year That’s all money being stolen from us

Wall Street Apes

96,895 просмотров • 24 дней назад

🚨 BREAKING: VP JD Vance just DEBUNKED a MASSIVE FAKE NEWS report that America is paying Iran a "$300 billion reconstruction fund" The GULF NATIONS would fund Iranian reconstruction ONLY IF Iran upholds their side of the deal. I can't believe ANYBODY thought this was in question! There are *NO DOLLAR AMOUNTS* in the deal, per Vance. Sanctions could be discussed as they comply "[$300B reconstruction fund] is the sort of thing they could have access to funded by the Gulf Coast Coalition so long as they honor their end of the obligation!" "I think that one of the things you're going to see it and people have to be skeptical of this is that the hardliners in the Iranian system will overemphasize the benefits that Iran gets while under emphasizing all the things that they have to concede and all the things they have to provide in order to get these benefits." "So we absolutely are open to the Gulf Coast countries investing in the reconstruction of Iran, but only if Iran ends their nuclear program, ends their enriched stockpile of material, and it's really open to an inspections and enforcement regime that gives the American people confidence they're never going to have a nuclear weapon."

🚨 BREAKING: VP JD Vance just DEBUNKED a MASSIVE FAKE NEWS report that America is paying Iran a "$300 billion reconstruction fund" The GULF NATIONS would fund Iranian reconstruction ONLY IF Iran upholds their side of the deal. I can't believe ANYBODY thought this was in question! There are NO DOLLAR AMOUNTS in the deal, per Vance. Sanctions could be discussed as they comply "[$300B reconstruction fund] is the sort of thing they could have access to funded by the Gulf Coast Coalition so long as they honor their end of the obligation!" "I think that one of the things you're going to see it and people have to be skeptical of this is that the hardliners in the Iranian system will overemphasize the benefits that Iran gets while under emphasizing all the things that they have to concede and all the things they have to provide in order to get these benefits." "So we absolutely are open to the Gulf Coast countries investing in the reconstruction of Iran, but only if Iran ends their nuclear program, ends their enriched stockpile of material, and it's really open to an inspections and enforcement regime that gives the American people confidence they're never going to have a nuclear weapon."

Eric Daugherty

512,742 просмотров • 7 дней назад

MERKLEY: Why not include a plan to address Social Security, when we are 6 years from the trust fund being exhausted? VOUGHT: The president has been clear that he will protect Social Security. MERKLEY: So why not protect it? Why not have a plan?

MERKLEY: Why not include a plan to address Social Security, when we are 6 years from the trust fund being exhausted? VOUGHT: The president has been clear that he will protect Social Security. MERKLEY: So why not protect it? Why not have a plan?

Senate Budget Democrats

17,234 просмотров • 2 месяцев назад

🚨 JUST IN: Treasury Sec. Scott Bessent says it PERFECTLY, the experts were WRONG "Democrats underestimate the will of the American people — short-term volatility for 50 YEARS of safety that we are going to have on the other side of this!" 🇺🇸 "And I believe energy prices will be lower, inflation will be lower, before we had the appearance of security, which is not real security. Now the American people and the world will have absolute security." "Through your maximum pressure campaign, Treasury has worked to uncover all financial lifelines through the regime and cut them off."

🚨 JUST IN: Treasury Sec. Scott Bessent says it PERFECTLY, the experts were WRONG "Democrats underestimate the will of the American people — short-term volatility for 50 YEARS of safety that we are going to have on the other side of this!" 🇺🇸 "And I believe energy prices will be lower, inflation will be lower, before we had the appearance of security, which is not real security. Now the American people and the world will have absolute security." "Through your maximum pressure campaign, Treasury has worked to uncover all financial lifelines through the regime and cut them off."

Eric Daugherty

177,442 просмотров • 2 месяцев назад

🚨FRIEDBERG: "60% of middle class household's net worth is in their home. Only 10% is in owning the S&P 500, index funds, whatever in their retirement accounts. By creating this American dream around housing and allowing the Federal government to provide loans on housing, we've increased the cost of housing and created a destructive housing bubble that reduced people's exposure to participation in productive value creation like the ownership of businesses. Instead, we've stored our net worth in a house and in order to keep the economy and the social structure stable, we've created policies that allowed the continuation of the growth in the value of houses so people feel that their net worth is incrementing, and that's unfortunately very unnatural."

🚨FRIEDBERG: "60% of middle class household's net worth is in their home. Only 10% is in owning the S&P 500, index funds, whatever in their retirement accounts. By creating this American dream around housing and allowing the Federal government to provide loans on housing, we've increased the cost of housing and created a destructive housing bubble that reduced people's exposure to participation in productive value creation like the ownership of businesses. Instead, we've stored our net worth in a house and in order to keep the economy and the social structure stable, we've created policies that allowed the continuation of the growth in the value of houses so people feel that their net worth is incrementing, and that's unfortunately very unnatural."

Autism Capital 🧩

3,338,362 просмотров • 1 год назад