Record number of Americans are leaving the country and renouncing citizenship: report
www.independent.co.uk
In the aggregate, as many as 295,000 more people may have left the U.S. than immigrated there in 2025, according to one study
  • favoredponcho@lemmy.zipEnglish
    23·
    17 hours ago

    Never in my life had I considered leaving the US, but last year my wife and I started on our back up plans. We’ve now got irons in the fire elsewhere. If Republicans don’t lose power in the next two years, we will be gone. And, with the US’s global taxation regime, we may have to renounce our citizenship too. The nice thing is you can renounce and still claim your social security in retirement.

    • teslekova@sh.itjust.worksEnglish
      14·
      11 hours ago

      You should plan for the possibility that last part won’t be true for long. If these thieves in power stick around, they will drain every piece of money they can back into their own hands.

      • favoredponcho@lemmy.zipEnglish
        4·
        9 hours ago

        Repeating conservative talking points are we? Doing their job for them?

        Edit: you can downvote me but that doesn’t change the fact that you are actually falling for it. Convincing younger generations that social security won’t be there for them is actually a conservative political strategy and part of weakening support for the program and making people pre-accept efforts to kill it. But, here you are downvoting the guy telling you about it instead of the ones spreading conservative talking points.

        Stop fucking spreading conservative talking points. It doesn’t make you sound “very smart” or politically-attuned like you think it does. You’re just giving away your power and playing in to the conservative con of making you accept that them taking away your benefits is a forgone conclusion. It’s not. You are owed social security because you paid for it. It’s not a hand out and you shouldn’t live your life expecting or accepting that conservatives are going to take it away from you.

        Unfortunately, the conservative propaganda has been partially working. Young people still may support the Social Security program, but their confidence in it has been undermined by the ‘gloom and doom’ scenario that the right promulgates.  As our President and CEO Max Richtman points out, some younger adults believe they are more likely to see a U.F.O. or Bigfoot than to receive a Social Security check when they retire.

        In fact, younger adults are already covered by Social Security, though they may not realize it. For example, a 27 year-old with a spouse and two children has some $2 million worth of life and disability insurance from Social Security.  The perpetrators of the ‘generational divide’ propaganda never seem to mention that. Nor do they mention that the average Millennial is on track to receive about $1 million in lifetime benefits.

        https://www.ncpssm.org/entitledtoknow/ny-times-op-ed-attempts-to-divide-the-generations-to-undermine-social-security-medicare/

        https://www.ncpssm.org/documents/2024-opeds-and-letters/7-myths-that-undermine-social-security/

        • Avocadotoast@thelemmy.clubEnglish
          2·
          6 hours ago

          It’s math. Each new generation funds the previous one. If people are living longer and the birthrates are declining there wont be enough funds to replenish whats being taken out.

          If we end up getting SS then great, but expecting it is not smart financial planning

          • favoredponcho@lemmy.zipEnglish
            1·
            2 hours ago

            From the above link:

            Myth 1: Social Security is ‘going broke’

            The media response to the latest Social Security Trustees report is a perfect example of the potency of this myth. Headlines trumpeted that “Social Security is running out of money.” In truth, the reserves in the Social Security trust fund are projected to become depleted in 2035 if Congress takes no action to prevent it, in which case the program still could pay 83% of scheduled benefits.

            Social Security itself is not ‘going broke’ or ‘bankrupt.’ The program receives most of its revenue from workers’ payroll contributions — and will continue to do so in 2035 and beyond. The only way Social Security would ‘go broke’ is if we had 100% unemployment and no one was paying into the system. Of course, that has never happened in the program’s 89-year history — and never will.

        • greyscale@lemmy.grey.oooEnglish
          16·
          14 hours ago

          I’m left of left and I don’t expect there to be a USA in 20 years, let alone when we’re 70.

          Ya’ll getting balkanised.