Social Security

Donald Trump is a politician who wants to be the next president again of the U.S. He has a plan for dealing with Social Security, which is a program that gives money to older people when they retire.

He wants to make younger people work longer before they can get Social Security. He has said that other politicians who don’t want to change Social Security are lying and will make the country go broke. “Social Security is going to run out of money in 10 years. Medicare, which is a program that pays for health care for older people, is going to run out of money in eight,” He said. “So the way we deal with it is we don’t mess with anyone’s retirement or anyone who’s been promised it but we go to people like my kids in their 20s when they’re starting to work and we say the rules have changed.” Donald thinks “65 is way too low” for the retirement age, advocates attaching it to life expectancy

He believe that the retirement age, which is the age when you can get Social Security, should be higher because people are living longer.

“I think we have to do the math,” he said. “We’ve gotta figure out what it is but what we do know is 65 is way too low and we need to increase that. We need to do it according to how long people live.” Right now, you can start getting some Social Security money when you’re 62, but you have to wait until 67 if you want the full amount. You can also get Medicare when you’re 65.

Trump is right on this issue when he’s mostly wrong on all other that Social Security is in trouble. A report from the government said that the program will run out of money by 2033. But making younger people work longer could hurt them a lot. A study from a university said that millennials, who are people born between 1981 and 1996, and Gen Z, who are people born after 1996, don’t have as much money or savings as older generations did when they were young.

Just another reason for Millennials and Gen versa to vote