Trump nominates financial software giant’s CEO to lead Social Security Administration

They'll be investigating plans to privatize it. What a fucking nightmare.

Your SSN payment will come through PayPal now.

[quote]The president-elect promised on the campaign trail to slash Social Security taxes.

Translation: he will choke Social Security to death.

Still just one Black person named.

[quote] Still just one Black person named.

Did you miss the memo where Trump said he's against DEI?

Don't hold your breath for many high-level POC in the Second Trump Administration.

I'm actually surprised he hired a black guy at all.

[quote] He became the senior vice president of the former Shearson Lehman Brothers, which was an investment bank that collapsed in 2008 and helped set off the recession

There ya go. Hired for his qualifications.

It was for Housing & URBAN Development, R5. Trump had no choice but to nominate a Black person.

What a hideous man at R1.

[quote]The president-elect promised on the campaign trail to slash Social Security taxes.

You don't pay any taxes at all on Social Security you don't receive!

So what would it mean if Social Security were privatized?

Good. More CEOs brought into the light who need to watch their backs 🔫

"Your SSN payment will come through PayPal now."

And charge you $25.00 for the privilege for a transaction that costs < a nickel.

Peter Thiel needs that money to pay his rent boys.

Jesus, I hope the hell he doesn't start messing with SS. So many people are on it and need it. What a bastard.

I fear so much about Trump 2.0, but I’m not going to get worked up about Social Security. Bush’s attempt to (very) partially privatize SS blew up in his face, & the popularist Trump isn’t likely to repeat this mistake.

You're not looking at the long view. This is intended to invalidate social security numbers of minorities and deprive them of the vote. as well as benefits.

What the fuck is that supposed to mean R8???

Minority men have become very much a part of the MAGA base, so depriving minorities of their benefits would be particularly dumb politics.

Only a very tiny minority R17. 98% of MAGA are white.

If not the MAGA base, they're certainly part of the Trump 2024 electorate, R18, & very much up for grabs.

Here you go R19. As I said - only a small amount of minority voters voted for Trump in 2024. The largest group who voted for Trump were Latinos.

Minority voters overwhelmingly voted Democratic Party. Link to follow in next post.

Link:

Per the link in R45, 3 in 10 Black men under the age of 45 voted for Trump this year, doubling what he got in ‘20. I don’t regard that as insignificant.

R22, you can even format a reference post correctly.

How can anyone take you seriously???

Numbers are clearly not your forte.

My bad. I had 45 on my mind. But what I cited comes directly from the link you proffered.

R23 is not me.

From the article I posted:

Trump’s share of Black voters rose slightly, driven largely by younger men. Trump was able to make slight inroads with Black voters nationally, who made up about 1 in 10 voters across the country. Nationally, about 8 in 10 Black voters supported Harris. But, that was down from about 9 in 10 in the last presidential election who went for Biden. Trump about doubled his share of young Black men – which helped him among key Democratic voting group. [bold]About 3 in 10 Black men under the age of 45[/bold] went for Trump, roughly double the number he got in 2020.

R22 - Trump may have gotten slightly more minority votes in 2024 than in previous elections but once the Trump presidency is over they will all come running back to Democrats because they are one of the main targets of the Trump/MAGA movement.

Now I'm wondering what R45 is going to say in the future!

R25, that’s why I said their votes were up for grab. And why a popularist like Trump is not gonna want to go after minorities’ SS benefits.

Do the people who write these stories not know how SS works? It is not a trust fund, it is not a fund at all. It is a money in, money out system I can never run out. It can only give out larger or smaller payments. Monies collected from anyone who works go directly to those who collect social security. There can be overage and only when what we take in is less than what we pay out is there a need to adjust payments. Back during the Reagan administration they had the idea to convince Americans that SS was going broke (sound familiar) they used that to raise the SS tax - taking in trillions of surplus dollars which Reagan promptly used to plug the holes in the economy his trickle down economics created and to fund a private ware (the contras). The Democrats have long had a solid plan to make SS take in more than it needs to make it solvent. Raise the limit on the amount of income that is taxed by ss, essentially make the rich pay. FICA only taxed up to 176K. Dems wanted to raise it to 250K which would solidify SS for decades to come. The problem? SS is split between employers and employees. Guess who really does not want to pay that half?