Change or protection?
You Will Be So Thankful Trump Is President Once You See What He’s Doing For YOUR Social Security…
Every election brings uncertainties with it and the 2016 Republican win is no different. Republicans are excited by the potential changes that Donald Trump will bring and the Democrats seem fearful of his confidence.
Either way, one of the most important aspects for President-elect Donald Trump will involve changes or protection within Social Security. After all, Democrats wish to change America while Republicans want…
According to Social Security statistics from November 2016, there are about 60 million Americans who require these benefits. Originally, the law was signed in 1935 where payroll taxes began in 1937. Back then, however, the aging population was less than 1 percent where it’s now closer to 18 percent.
Back then, however, the aging population was less than 1 percent where it’s now closer to 18 percent.
In addition to the current amount, baby boomers are hitting retirement age at approximately 10,000 people per day. Essentially, there is much more money going out than coming in.
What does that mean for Social Security in 2017?
Social Security Roosevelt
More jobs would mean more money going into the payroll tax. This would ensure that the fund remained viable beyond the year 2034. This is only sustainable if there are more jobs within the economy, but that’s something Donald Trump can do.
This will take a dramatic amount of change, but that’s Trump. Right?
These issues have been a problem and topic of discussion for years and a political hot potato. Trustees are asking for someone to help them make this change, while the problem can’t be solved overnight, at least that someone is finally here.
Do you feel more protection with Trump in the White House?
Don't forget to follow the Friends Of Liberty on Facebook and our Page also Pinterest , Twitter , tumblr and Google Plus PLEASE help spread the word by sharing our articles on your favorite social networks.
Friends Of Liberty is a non-partisan, non-profit organization with the mission to protect and defend individual freedoms and individual rights.
Support the Trump Presidency and help us fight Liberal Media Bias. Please LIKE and SHARE this story on Facebook or Twitter.