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WIBC 9AM-Noon Podcast

Voicemails 10-14

WIBC 9AM-Noon Podcast

WIBC

News

4.61.2K Ratings

🗓️ 14 October 2022

⏱️ 15 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

All right, let's do some voicemails 317-684-8444 if you'd like to be a part of the program.

0:08.2

All right, first phone call, we've gotten several calls about this. I made the egregious mistake

0:13.4

the other day of calling so security what it is, the definition of it, and entitlement because

0:22.5

at a certain age and until you die, you're entitled to receive it.

0:29.0

And that really, I guess, angered people that I used the technical definition because even they

0:33.6

admitted, well, yeah, that's the technical definition, but I pay into it. Nobody said you didn't.

0:38.4

But clearly, there is more money going out than coming into the program.

0:43.8

And on top of that, and also security recipients are getting an 8.7% increase, which is $140

0:50.5

a month. We have no money in this country. That means that money will be printed, which means it's

0:55.5

going to make inflation worse for all of us. And I don't know why people are getting mad at me about

0:59.9

this. I'm just telling you the obvious. I'm just telling you what every person can see that this

1:06.2

program from the get go was destined for insolvency. It's cavalcating towards it. Our economy is a mess.

1:14.4

We have no money. And when you get a raise, air quote, I'm not saying, you know, that it makes you

1:20.8

a terrible person, both of my parents are eligible for Social Security. I'm not saying that.

1:25.9

But what I'm saying is if we're being honest with ourselves here, this is an in this is unsustainable

1:35.0

going forward. And we're getting closer and closer to where the point of no return is. And yet

1:41.3

people keep trying to convince me, I guess, I don't know that Social Security is the greatest

1:45.2

thing. And I'm a bad guy for using the term entitlement. Here's the phone call.

1:48.4

Just a comment on Social Security, 8.9%. Life and I are both on Social Security. We need it. It's not

1:56.2

going to ever are heating costs. This winter, our food costs are going up. Our prescriptions are

2:02.4

going up. Everything's going up. I have a neighbor that feeds birds and squirrels. And she said,

2:08.7

those guys are going to be given a note that she can't afford feed them as well. She has them.

...

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