If there was any doubt about this being an election year, turn on your favorite television show and sit through the election year commercials. They make my daily Jeopardy escape a chore. The person who invented the mute button should have received a Nobel Peace Prize.
From what I can tell (w/o the volume) political commercials haven’t changed much. This cycle, again, I see that Social Security (SS) is a hot-button political issue in 2024. And why not? In the program’s history, more people are getting SS payments or getting ready to take their SS than ever before.
As of March 2024, there are over 67.5 million beneficiaries on Social Security, and they collect over $119,837,000,000 per month[i]. Almost $120 billion per month! Or $1.440 Trillion per year. More than Mexico’s entire annual GDP, which, incidentally, is the 14th highest in the world at $1.414 trillion.[ii] That’s a lot of money and a lot of votes. Read More