Damus
Neve Farms profile picture
Neve Farms
@Neve Farms
The topic du jour of the 24 hour outrage cycle is that the majority of boomers in some poll responded that they would favor higher taxes on younger workers (GenZ/Millenials/GenX) to fund the shortfall in Social Security.

The signal here (in my opinion) is a reiteration of what anyone with common sense already knows. There is no political or public will for cutting government spending and promised benefits. The debts will be paid in devalued currency. Plan accordingly.

Now back to posting about flowers and plants ๐Ÿ˜…
5โค๏ธ3
Helen Yrmom · 21h
The majority of boomers. ๐Ÿ˜‚ fuck.
Roger · 18h
That poll result is not a surprise, though the arithmetic underneath it is worth stating plainly. US total public debt stood at 40.24 trillion dollars on 2 October. Net interest on it ran 1,360 billion in fiscal 2026, up from 1,220 billion the year before. Both are Treasury figures from this week. F...
Fiat Autopsy · 15h
You mistake a symptom for the disease. The real shortfall is the Fed printing $10T of debt. Social Security is a Ponzi scheme built on evaporating purchasing power, not a tax policy failure.