In remarks to reporters at the White House on Wednesday, President Donald Trump admitted that he wanted to push for privatizing Social Security in his first term in office, contradicting campaign promises he made in 2016 and earlier that he wouldn’t touch the popular social safety net program. “I wanted to ride with Social Security being fully invested in the stock market, in the first month…

Source


From Truthout via This RSS Feed.

  • adarza@lemmy.ca
    link
    fedilink
    arrow-up
    6
    ·
    6 hours ago

    what’s the plan? dump it all into ‘ai’ stocks to jack 'em up one last time before the aipocalypse, so the chosen few win and everybody else loses everything.

  • mikenurre@lemmy.world
    link
    fedilink
    arrow-up
    4
    ·
    5 hours ago

    they already have. those “chump accounts” are meant to move the retirement funds out of social security and into private accounts. it will just take decades before it all completes.