... that the millionaires and billionaires have long known that the SOCIAL SECURITY Trust Fund has a certain amount in it. They have calculated some of the following numbers with better data than I had.
Here is the data I dug out over the last few hours.
United States: Data from 2020 shows that adults aged 65 and over accounted for a substantial share of COVID-19-related deaths. The age-adjusted death rate for this group was 533.5 per 100,000. Notably, the death rate increased with age:
Ages 65–74: 234.3 deaths per 100,000
Ages 75–84: 589.8 deaths per 100,000
Age 85 and over: 1,645.0 deaths per 100,000
https://www.statista.com/statistics/1254488/us-share-of-total-covid-deaths-by-age-group/
The estimated savings to the Social Security Trust Fund due to COVID-related deaths in the U.S. is approximately $105.87 billion over the expected remaining lifespan of those individuals.
This calculation assumes an average age at death of 75 years, with an expected remaining lifespan of 4 years had they survived. Each deceased recipient would have collected an estimated $88,224 in Social Security benefits over that time.
So let me ask this question: if these numbers are remotely correct. It would be possible to save an estimated $88,000 over the lifespan of a senior citizen on Social Security and receive an average of $1838.00/month x 12 months/year = $22,056.00/year. Doing the final math step by $88,000/$22,056.00 would require 3.98 years to save that $88,000. IF THOSE SENIOR CITIZENS DIED, each one would leave $88,000 in the Social Security trust fund..... If you were a president with no compassion for anyone else, wouldn't you let them die so you and your billionaire friend could get your greedy hands on it someday soon?
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