A majority of millennials think that the Social Security program is making more payments than it receives taxes, according to an exclusive Newsweek poll.

Millennials, Gen X and Gen Z say the system needs reform, an exclusive Newsweek poll found, amid fears the benefits won’t exist when they come to retire

Younger generations in the U.S., including millennials and Gen Zers, are much more likely to believe that the Social Security system needs reforming than those in their 60s and 70s, according to a recent survey conducted by Redfield & Wilton Strategies on behalf of Newsweek.

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Some 40 percent of respondents said they believe that the Social Security program currently pays out more to retirees than it is receiving in Social Security tax payments, while 26 percent disagreed with this statement.

Gen Zers (ages 18-26), millennials (ages 27-42) and Gen Xers (ages 43-58) were more likely than boomers (59 and older) to think that Social Security should be reformed.

  • hpca01
    23·
    1 year ago

    No it won’t, the ratio of retirees to the workforce is getting higher and higher because of all the shit that this fucked up country does to burden the current generation for all the problems caused by the boomers. I’d much rather let the boomers experience the finding out phase after they’ve been fucking around so much.

    What’s worse is that the life expectancy of those boomers is going to add unsustainable strain to the system. As society progresses you’ll eventually have less births, which means this problem might be getting even worse in the future. The only way it would be sustainable is that you have constant growth in both people and the economy. That’s literally not possible.

    Yes, it’s ok to take more from you because it’s how social security can be offered to everyone, including you.

    I’d much rather take my chances, take whatever you’ve taken from me I don’t want it back, but let me do my own investments and leave me with more disposable income. Fix the government before dumping more tax money into the money pit. I’ll happily vote for the guy who will try.

      • hpca01
        1·
        1 year ago

        I don’t like the fucker either, but you don’t have to be a libertarian to see that our government isn’t working right now. We need to find a way to fix our government in such a manner that bad faith actors cannot survive in it. Otherwise we’re just throwing money at them which they can then use to enrich their friends.