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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://mastodon.redgarterclub.com/users/AnthonyJK/statuses/114033185687824185">AnthonyJK-Admin (anthonyjk@mastodon.redgarterclub.com)'s status on Thursday, 20-Feb-2025 08:38:52 JST</a><a href="https://mastodon.redgarterclub.com/@AnthonyJK" title="anthonyjk@mastodon.redgarterclub.com"><img src="https://gnusocial.jp/avatar/114828-48-20231008032950.webp" width="48" height="48" alt="AnthonyJK-Admin" style="position: absolute; left: 0; top: 0;">AnthonyJK-Admin</a><div><a href="https://mastodon.redgarterclub.com/@AnthonyJK/114032957681708973" rel="in-reply-to">in reply to</a></div></section><article><p>Oh.  </p><p>Emma.</p><p>To the effin GEEE.</p><p>Just take a gander of how much Biden AND Trump's failure to handle the COVID pandemic has "sweetened" the SS Trust Fund just in time for DOGE and TeamTrumpsterKKKrat to break in and bust the piggy bank.</p><p>(quote from Fortune article cited in OT)</p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/4595595#notice-8997463">In conversation</a><time datetime="2025-02-20T08:38:52+09:00" title="Thursday, 20-Feb-2025 08:38:52 JST">about 3 months ago</time> <span>from <span><a href="https://mastodon.redgarterclub.com/@AnthonyJK/114033185687824185" rel="external" title="Sent from mastodon.redgarterclub.com via ActivityPub">mastodon.redgarterclub.com</a></span></span><a href="https://mastodon.redgarterclub.com/@AnthonyJK/114033185687824185">permalink</a><h4>Attachments</h4><ol><li><label><a rel="external" href="https://gnusocial.jp/attachment/4167812">Snippet from Fortune magazine article (link in original post of this thread) citing a study from the National Bureau of Economic Research on how deaths pertaining to the COVID/SARS-CoV2 pandemic has affected outlays and payments from the Social Security Trust Fund. (Highlighted emphases added by me) "The working paper (embedded link to NBER study) from the National Bureau of Economic Research finds that approximately 1.7 million excess deaths among Americans 25 and older occurred between 2020 and 2023 related to the pandemic. Premature deaths related to Covid mean Social Security will not make retirement payments to those individuals in the future, reducing payments by about $294 billion, the researchers found."At the same time, some of that gain is offset by the lost tax revenue from those individuals, as well as increased survivor benefits to spouses and children of the deceased, resulting in an estimated $205 billion less in future outlays."</a></label><br><a href="https://cdn.masto.host/mastodonredgarterclubcom/media_attachments/files/114/033/104/709/780/479/original/2c1068b56d728ec0.png" rel="external">https://cdn.masto.host/mastodonredgarterclubcom/media_attachments/files/114/033/104/709/780/479/original/2c1068b56d728ec0.png</a></li><li><label><a rel="external" href="https://gnusocial.jp/attachment/4167813">Untitled attachment</a></label><br></li></ol></footer></blockquote>

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AnthonyJK-Admin (anthonyjk@mastodon.redgarterclub.com)'s status on Thursday, 20-Feb-2025 08:38:52 JST AnthonyJK-Admin
in reply to
Oh.
Emma.
To the effin GEEE.
Just take a gander of how much Biden AND Trump's failure to handle the COVID pandemic has "sweetened" the SS Trust Fund just in time for DOGE and TeamTrumpsterKKKrat to break in and bust the piggy bank.
(quote from Fortune article cited in OT)
In conversation3 months ago from mastodon.redgarterclub.compermalink
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1. Snippet from Fortune magazine article (link in original post of this thread) citing a study from the National Bureau of Economic Research on how deaths pertaining to the COVID/SARS-CoV2 pandemic has affected outlays and payments from the Social Security Trust Fund. (Highlighted emphases added by me) "The working paper (embedded link to NBER study) from the National Bureau of Economic Research finds that approximately 1.7 million excess deaths among Americans 25 and older occurred between 2020 and 2023 related to the pandemic. Premature deaths related to Covid mean Social Security will not make retirement payments to those individuals in the future, reducing payments by about $294 billion, the researchers found. "At the same time, some of that gain is offset by the lost tax revenue from those individuals, as well as increased survivor benefits to spouses and children of the deceased, resulting in an estimated $205 billion less in future outlays."
  https://cdn.masto.host/mastodonredgarterclubcom/media_attachments/files/114/033/104/709/780/479/original/2c1068b56d728ec0.png
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