is america's social security system in danger

someone just said this on one of my posts, that they think the social security system in america will be taken away?

i am not in america but still wondered, will there not be some safety net for the people there?

i am fully in support of looking after people if they need it and supporting the vulnerable, so i do not think social security should be taken away.

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Roadsterrider · 56-60, M

I don't think it will go away, but, it has been seriously mismanaged by the government. It has been changed from it's original intent. It was never for everyone. It was for the poor, for those with no access to a pension. It was a portion of everyone's income to be held back for those who had no way to sustain a retirement, those who must work till they died. Wealthy people, people with pensions, weren't originally going to get a social security payment. Somewhere along it's course, the politicians decided "if you paid into it, you would get a check", considerable increasing the payout for the program. Eventually with people living longer, less people contributing compared to those receiving benefits, there will have to be changes. Maybe a "means based" scale for payout? If you have a 401 or a pension that pays part of your retirement, SS might be reduced. It is one of the 3rd rails of politics, nobody will talk about the elephant in the room because they will be crucified if they do. I don't think there will be any change in the program until it becomes a crisis.

whowasthatmaskedman · 70-79, M

@Roadsterrider Over time dismantling Social Security will take care of itself. All one needs to do is leave every payment as they are, then devalue the currency through inflation until all it will buy is a small loaf of yesterdays bread..😷