Okay. You tell us . . .

How EXACTLY does all this make any sense?

Today we’re hearing about how Social Security payments are going to increase 5.8% to beneficiaries. An increase of 5.8%?????!?!!?!?
Mind you, MoneyKing, isn’t upset about the increase as much as he’s upset about the following:

1. The media, for at least 10 years (Search the web for “the end of social security; check the dates) has been telling us that we’re going to run out of money for Social Security.
2. We KNOW that the National Debt is larger than it’s ever been.
3. Various political candidates tell us SS is going to go bankrupt.

Yet, now payouts are going up 5.8%. Where’s the money coming from? Better yet,

HOW MUCH MONEY DOES THE TREASURY HAVE?

MoneyKing doesn’t recall ever being told what most every CEO on earth needs to hear each day, namely, “How much are we worth today?”

MoneyKing likes Social Security for one reason: Few people are born with the talent to successfully manage their money. If this weren’t the case, then why have TheMoneyKings.com!?

We educate those with talent. Those with no talent can read our posts or listen to us talk forever; they’ll never get anywhere. That’s just how life is.

Key Take-Aways and Analysis:

1. Social Security is partially like the criminal justice system–It’s designed to keep people under control under the auspices of helping them out. Ne’re-do-wells benefit from SS. This in turn keeps them from burglarizing everything they see.
2. Social Security is an acknowledgement by an advanced society that some people just come up on the short end of the stick—It’s designed to provide base-level funds to assist those that want to contribute. Disabled individuals have the option of receiving funding that will allow them opportunities that their disabilities otherwise will not allow.
3. Socially Security honors the elderly—It’s designed to provide for those that more-than-likely have provided for younger generations. Older citizens get help for all the years they worked and contributed to the advancement of the nation.

Seems simple, huh?

But again, how can we supposedly need to get rid of this services, or raise taxes for it, or change it, blah, blah, blah for years and years in the major news outlets, and then all of a sudden payouts increase by 5.8% with no prior reports or discussion?

How does this make sense?

Good luck out there.