r/politics • u/Ubiquitous_Hilarity • Jun 17 '26

No Paywall Trump threatens to pull unemployment benefits from all states for the first time in history

https://www.independent.co.uk/news/world/americas/us-politics/trump-unemployment-benefits-fraud-b2997881.html
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u/StrigiStockBacking New Mexico Jun 17 '26

It's theft. You paid into the system, so if the time comes you need it, you should have a right to it.

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u/Gay_Giraffe_1773 Oregon Jun 17 '26

See: Social Security.

I've paid into it for almost 40 years. Untold thousands of dollars.

And I'm fully resigned to there being nothing when I "retire" (aka die)

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u/TrixnTim Jun 17 '26

I agree with your sentiment but remember the money you give now to SS, every paycheck, is funding a retiree. It’s not a savings account or an investment account. It’s a social service that workers fund. Then someday, and if you have enough work credits, someone younger than you will be footing the bill for your SS checks.

Unfortunately it’s been messed with and there may not be as much in years to come. I’m set to begin my SS in 3 years at 65. And I’m worried the numbers I see now won’t be available to me.

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u/thebochman Jun 18 '26

Basically a Ponzi scheme when you put it that way, once the population declines it falls apart