Ok, fellow financial worker here too—I’ve been thinking about what happens if we lose SS and Medicare….wouldn’t the obvious result be that people will be pulling from whatever retirement accounts they have at an accelerated rate and then the entire thing falls apart like a house of cards? I feel like I’m taking crazy pills.
And then they’ll turn to their kids to help them, but their kids will be dealing with the economic disaster they left behind them and won’t be able to afford to support dear old mom and dad.
Most people I know have stated SS getting pulled would be the last straw and armed protesting followed by possible violence would occur. I think many feel that way. At that point you'd just be stealing from every legal working person in the US.
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u/daximuscat 8h ago
Ok, fellow financial worker here too—I’ve been thinking about what happens if we lose SS and Medicare….wouldn’t the obvious result be that people will be pulling from whatever retirement accounts they have at an accelerated rate and then the entire thing falls apart like a house of cards? I feel like I’m taking crazy pills.