A message from Social Security

[FuzzyRabbit]

"Social Security benefits for you will increase by 2.5% in 2025 because of a rise in the cost of living."

Boo! Groceries alone went up more than that this past year.

[Skittles]

1. it's more than a lot of workers will get for raises

just sayin'

[live love laugh]

2. Minimum wage hasn't gone up in decades.

[patphil]

4. And don't expect the Federal minimum wage to go up for at least 4 more years.

Trump doesn't care about things like that.

[Abolishinist]

7. So?

In 2022, 1.3% of hourly workers earned at or below the federal minimum wage, which is the lowest since data collection began in 1979.

https://usafacts.org/articles/minimum-wage-america-how-many-people-are-earning-725-hour/

[CousinIT]

3. Wait until we get the one that says ....

….”Social Security benefits for you will decrease by 30% in 2031 due to a shortage in the trust fund.”

And that will be due to MAGAts’ unwillingness to make the fucking billionaires pay their fair share and instead let the cuts happen - AND due to SHiler’s partial or full defunding of the program and/or Eloon’s otherwise cutting, gutting or privatizing it.

And the amount of decrease could be much larger.

This will DEVASTATE millions of people and the entire economy.

MAGAts want to raise the retirement age and cut benefits instead of making the poor, poor, millionaires and billionaires pay their fair share (by raising the cap for instance), so this scenario is very likely, nevemind what Eloon and RimaSlimy may do.

And I shudder to think if we’ll even have Medicare or whether we’ll all get shoved onto UHC, Aetna and other greed-driven insurance plans that are 2x more expensive and cover even less.

[debm55]

5. I agree with you CousinIT

[sdfernando]

6. And this is the reason

I am seriously considering moving out of the country. I’ve worked full time for 40 years and that evil fucker Reagan upped my retirement to 67 instead of 65. I was originally going to work to 72. Now I think I will take what I can get before it’s all gone and live somewhere that has a lower cost of living. Between what I can get on SS and selling my house I can live quite comfortably somewhere else.

[CousinIT]

8. They did that 65 to 67 shit to me too.

I'm 5 years from retirement w/ nowhere else to go. After 45-50 years, I may not collect on ANY of what I paid in or if I do it will be a LOT less.

ROBBER BARONs.

[justaprogressive]

9. 23 States are going to $15/HR MIN WAGE in January.

Minimum wage set to rise in 23 states next year as $15 an hour, and beyond, picks up steam

https://www.usatoday.com/story/money/2024/12/09/minimum-wage-hikes-2025/76710608007/