other country’s just get health care and unemployment for free and we just pay pension because the government does not let people capitalise off the sick and unfortunate in our society
@@Asheora In most countries everybody who is working pays a share of their salary to social security. The money then goes to unemployed people, the sick and old folks. And you get the promise, that you will get help when you end up, unemployed or sick. It is not realy free. But people that earn more generaly pay more. So it is a redistribution of money in that sense. It helps reducing inequalities. A good messure is the "Gini-Coefficient". It is a numbre to messure inequality in a country. You can calculate it before and after redistribution by the social security system and see how good the system is in reducing inequality. Germany is a good example. without this system germany would have alot of inequalites. Have a look at this if you are interested: www.gut-leben-in-deutschland.de/static/LB/indicators/income/gini-coefficient-income/
About Boomers being "the most fortunate generation" He got that right. He admits that his generation was incredibly lucky to have as much as they did; to have as much as their parents gave them. saying future generations are less fortunate is literally saying you _don't want to give your children any help in life_ . _wanting_ them to suffer for _no reason_ . That's just despicable.
It's something you get when you pay taxes the taxes come out of your paycheck automatically. If you don't work you can't get it also the more you make the more you get . I get 1200 a month from social security a friend of mine gets $ 2900 a month he was in the construction industry. What I get is technically social security disability shoulder injury at a job .
The problem with Social security is that its a government version of a pyramid scheme. Each generation has to pay more than the earlier ones or wait longer to join. Now we are stuck cause if we don't keep paying, the last generation to pay will get super screwed over while if we do keep paying into it, the cost keeps rising and rising with less and less returned. Basically its turning into a sophie's choice.
@@Nostripe361 - Social Security was supposed to be a "hold my money, and invest it until I retire" plan, but, you know, governments don't care that it's not their money, they'll just spend it, and expect it to be replaced with future taxes. If it was properly managed, the money you got from Social Security would be your money (plus interest from investments) and not someone else's money. That was the plan originally, but along the way, someone said "well, let's just spend this now, and replace it later" and it just kept getting worse because, well, it's not their money, so they don't care, they don't have to personally replace it.
@@jimmy_kirk True that was the original plan. Its one of the most annoying things about government finance. Even if you specify that the money can not be used for anything else, they can still use it if they promise to "eventually" put more money in it later. This is also one of the reasons for the American education funding being so abysmal despite the fact that we are putting a ton of tax money into it. Cause a senator can use this to "borrow" money from the fund to pay for one of his vanity projects while still cutting taxes for the public that does not understand that the government actually needs money to work.
@@amanawolf9166 - You know what the worst part is? Capitalism would have prevented the entire scenario from ever occurring. You don't have a choice in the matter. You're taxed for it, whether you want it or not. It's mandatory. But being mandatory isn't necessarily a bad thing. It helps to ensure that there shouldn't be older generations with nothing to live on because they didn't bother to save over the years. So, it might be a good thing that it's mandatory. But, while it's mandatory, you don't have choice in whom you wish to hold on/invest your money with. You're forced to pay into the government system, instead of being able to choose with whom you wish to pay into. Having auto insurance is mandatory, but, you can choose which insurance you want to pick from in the open market, you're not forced into using a government insurance system. The government has a monopoly on Social Security, and it's mandatory. That's why it's so messed up at this point.
Social security is a governmental program created by FDR in the 30’s during the depression. It sends checks to the unemployed and retired. There could be something similar in the uk, I have no idea.
7 News is actually one of the main 3 television news programs in Australia. That doesn’t mean they’re particularly reputable but it does mean that they are a notable source in Australia. All news scaremongers, though.
You also have to factor in that you can't keep library books permanently, so comparing these two things is like comparing rent to mortgage. But if you don't plan on keeping the book libraries are always the best option.
@@ItsNullAndVoid and both options become stupid when you remember there are services that let you pay a flat monthly fee to read whatever you want; without leaving your house
Social security in layman's terms: A government bank account that you paid into for your entire life and are eligible to access at 65. It is not a benefit, but an entitlement and only accessible after the individual has worked 40 quarters (10 years) and paid (at least) $1320 per quarter. Edit: Or after becoming severely disabled prior to meeting this standard.
Social security is a system that was created in the 1930s where taxes from paychecks go into the system and when a person is of retirement age they should be able to live off of payments they get back out. It was also meant for widows who husbands die and need to feed their kids, they withdraw from what their working husbands had put into it. It was build to protect widows, the elderly and the diabled. Congress has been dipping into the social security fund for decades (largely in the 80s). Now people who are old enough to retire often cannot (they still haven't adjusted it to the current cost of living.) We are coming to a place where, because young people are not having as many kids (it's too expensive, and they often have too much student loan debt) and older people are living longer (but the gutting of healthcare might kill folks quicker smh), there will soon be far more people of retirement age than of working age. So more people will be withdrawing for the system than people putting back into it. Which shouldn't be a problem with the way it was set up. But as I said congress has been robbing the system blind for decades and cannot replace the money they've taken out and allocated elsewhere. That person's analysis was pretty spot on unfortunatley.
“Respect is for those who deserve it, not those who demand it.” This is something I need to say to my mother sometime when she tries to use everything she does for me as a weapon to throw a temper tantrum over something pointless.
@@Marco-bb7vd Thank you and same to you. Mum has two cycles left too, but the doctors think the cancer is algoods and has stopped the chemo treatment so she has two cycles of chemo if the cancer comes back. But the cancer that really worries me is the lot in her brain, unfortunately chemotherapy doesn't work up there only radiotherapy, and that only shrinks the cancer.
@@ChaotiX1 The taxpayers pay a tiny amount of money towards it (probably in the hundred's every year). In the US, it's $10,000 for proper treatment, and cough sweets cost as much as $10 each. What's more, the government pays far more in a privatised system than in a socialised system. In the US (as of 2016, it has most likely gone up since then) the government spends 9,892 international dollars per capita on healthcare. In New Zealand, where Jamie's mum is getting high-quality cancer treatment for free where she'd have to spend 4 months salary if she was American it's 3,590. Socialised healthcare is better in every single way imaginable, and that's the truth that your greedy politicians have been hiding from you for decades because they're corporate puppets. Shame, Sanders could have solved all of that for you but you fucked him over just like you did four years ago.
I studied climate science in chemical engineering graduate school as a specialist subject and something that almost never comes up in public debate is, if you take the global average temperature over the entire planet all that chaotic elements of weather cancel out and and reduce to a standard "radiating body problem". We can predict the global average temperature next week, next month, or 5 years from now with a grate degree of accuracy. I had an atmospheric chemistry class where we where given a test question of: given a certain fixed amount of millions of metric tons of CO2 being dumped into the atmosphere calculate the global average temperature rise. We could because they taught use the formula and the theoretical basis of why was true.
Somebody once told me the world is gonna roll me I ain't the sharpest tool in the shed She was looking kind of dumb with her finger and her thumb In the shape of an "L" on her forehead Well the years start coming and they don't stop coming Fed to the rules and I hit the ground running Didn't make sense not to live for fun Your brain gets smart but your head gets dumb So much to do, so much to see So what's wrong with taking the back streets? You'll never know if you don't go You'll never shine if you don't glow Hey now, you're an all-star, get your game on, go play Hey now, you're a rock star, get the show on, get paid And all that glitters is gold Only shooting stars break the mold It's a cool place and they say it gets colder You're bundled up now, wait till you get older But the meteor men beg to differ Judging by the hole in the satellite picture The ice we skate is getting pretty thin The water's getting warm so you might as well swim My world's on fire, how about yours? That's the way I like it and I never get bored Hey now, you're an all-star, get your game on, go play Hey now, you're a rock star, get the show on, get paid All that glitters is gold Only shooting stars break the mold Hey now, you're an all-star, get your game on, go play Hey now, you're a rock star, get the show, on get paid And all that glitters is gold Only shooting stars Somebody once asked could I spare some change for gas? I need to get myself away from this place I said yep what a concept I could use a little fuel myself And we could all use a little change Well, the years start coming and they don't stop coming Fed to the rules and I hit the ground running Didn't make sense not to live for fun Your brain gets smart but your head gets dumb So much to do, so much to see So what's wrong with taking the back streets? You'll never know if you don't go (go!) You'll never shine if you don't glow Hey now, you're an all-star, get your game on, go play Hey now, you're a rock star, get the show on, get paid And all that glitters is gold Only shooting stars break the mold And all that glitters is gold Only shooting stars break the mold
We're no strangers to love You know the rules and so do I A full commitment's what I'm thinking of You wouldn't get this from any other guy I just wanna tell you how I'm feeling Gotta make you understand Never gonna give you up Never gonna let you down Never gonna run around and desert you Never gonna make you cry Never gonna say goodbye Never gonna tell a lie and hurt you We've known each other for so long Your heart's been aching but you're too shy to say it Inside we both know what's been going on We know the game and we're gonna play it And if you ask me how I'm feeling Don't tell me you're too blind to see Never gonna give you up Never gonna let you down Never gonna run around and desert you Never gonna make you cry Never gonna say goodbye Never gonna tell a lie and hurt you Never gonna give you up Never gonna let you down Never gonna run around and desert you Never gonna make you cry Never gonna say goodbye Never gonna tell a lie and hurt you Never gonna give, never gonna give (Give you up) (Ooh) Never gonna give, never gonna give (Give you up) We've known each other for so long Your heart's been aching but you're too shy to say it Inside we both know what's been going on We know the game and we're gonna play it I just wanna tell you how I'm feeling Gotta make you understand Never gonna give you up Never gonna let you down Never gonna run around and desert you Never gonna make you cry Never gonna say goodbye Never gonna tell a lie and hurt you Never gonna give you up Never gonna let you down Never gonna run around and desert you Never gonna make you cry Never gonna say goodbye Never gonna tell a lie and hurt you Never gonna give you up Never gonna let you down Never gonna run around and desert you Never gonna make you cry
taxpayers: Well, we can't possibly do worse than a treasurer that is stumped by Turbo Tax... Chairman of Economics Dept: *clears throat* taxpayers: *turning slowly* Oh no...
I (also an atheist) celebrate the holidays because they’re fun, and most of the time that the only time I could really see my dad when I was younger since he was in the Middle East fighting in the US ARMY
@@Hawkens4k Don't hate vegans. They objectively are better for the environment. Hate people who bring it up every conversation and try to convert you every single time. _this_ is a trait that's restricted not only to vegans, and is why you compare them to a religion. And _this_ is what deserves to be hated; excessively trying to force other people to their point of view and make them feel bad.
Necroking Darak well, I do know that some religions incorporated veganism or vegetarianism into their religion. There are branches of Buddhism that have its followers commit to a vegetarian diet. Same with many Hindus. There’s also Adventists who included vegetarianism as part of their faith.
3:10 - to put it simply, social security is money that is taken out of your paycheck every month and is, in theory, put aside for you to use in the future when you retire. However, what is happeningis that there is not enough money in the social security vaults to pay for the social security of the people who are currently using it. which means of the social security money that is being put it now is instead of going to them to pay for theirs. Which means the people putting the money in now won't be able to use it when they go to retire
Lol yeah they have been saying that since I was a little kid and it's still going strong. When I was little adults said it would be gone by the 90s because that's what they heard. I can see it disappearing as so many people don't work anymore and live at home with their parents.
7 news is one of the broadcasters in Australia. 7, 9, 10, sbs and abc are the main stream media of Australia. Still, no more repeatable than anyone else
I love how Christmas isn’t even a Christian tradition and yet Christians claim that it’s “their” thing. It was originally a Pagan tradition named Yule.
Yep, and you know what else has Pagan origins but is unreasonably hated by most Christians? HALLOWEEN. And this is because some Christians are so hyperspiritual that they believe that on THAT day specifically, all the dark spirits are going to erupt out of Hell and possess your children(for context, the last church I ever went to, this one guy in particular loved talking about how Halloween is "The Devil's Holiday" and shouldn't be celebrated)
Social security is like an extra ID that is used for retirement and other stuff. It was made by Roosevelt during ww2 and basically saved the US from the great depression
In the UK we have National Insurance, a tax on earnings and self-employed profits. National Insurance contributions are paid into a fund, from which state benefits are paid. This includes the state pension, statutory sick pay, maternity leave, entitlement to additional unemployment benefits, and the NHS.
Cool story. I actually have an IQ of 151. Here's two insights my "big brain" has achieved: 1) You can't get an IQ score from an internet test. 2) Literally no one cares about your IQ.
Social Security is a program that came out of the Great Depression in America. It’s money that disabled people, retired people, and idk who else can get when they need it (when they qualify for it). Basically we pay into it and until Regan took took much out, there was enough for everyone to eventually get some when they got old enough to qualify (as mainly old people get it)
4:00 social security is this weird thing where the government decides that you can’t be trusted with your own money and takes a small bit for a specific amount of time, usually until retirement. It was started during the Great Depression. Oh also the government will use YOUR money sometimes. In the USA sometimes means a lot.
3:00 Considering that "boomer" is an insult kids use to anyone older than them -- regardless of when the baby boom actually was -- this will take a long time, by which time today's millennials will have long since passed the age of the people they call boomers now.
Social security is basically a retirement insurance where you pay your entire adult life and then receive it when you’re old. Thing is, basically anyone under the age of 40 who has been paying it their whole life will never get it because the government is going to remove it.
6:52 Of course USA has high healthcare fees; general inefficiency, fear for getting inaffordable estimate/receipt, finally getting treatment when the cost is at its peak, and yet citizens get infuriated when the government try to get bigger for any reason.
Social Security: I live in Germany and unlike people in the United States, I am *not* constantly one disease, illness or accident away from bancruptcy. If, for example, my hands get damaged (I work as a plumber), all of my medical bills are paid for by taxes not significantly higher than yours and even if I can't work again the rest of my life, I can be assured to *never* live on the streets. Simply put, the government hands out money to those who aren't capable of earning it themselves (Injuries, disabilities, difficult job market, etc.). Not enough money to live comfortably but you get by with a roof over your head and a bed to sleep.
The funniest part of that airplane abort article, is 7 News actually is one of the more reputable news stations. It’s not one of the clickbaity websites out there, it’s literally the Channel 7 News that has a time slot on TV every night 😆
For the first one the man in black misses he point while HE may pay very little for the books there are people who have never and will never use that library to get books who are paying the rest of that 70$ for him, its not as if that 69.25$ goes away it is just transferred to people who have no part in the exchange.
I actually agree with the first guy that libraries should be replaced. Why has no one created a "netflix" for PDF files yet? That would be so much more conveient.
My dad works at UMBC as a professor (he studies birds, primarily the Bahama Orioles) and I showed that to him, I have been to UMBC myself and it has a very nice campus and people there are nice
Social security in England is called Department for Work and Pensions (DWP) just looked it up cool fact that was fun to research. I’ll try do find out more but it’s tricky to research.
For the plane thing, 7 News is actually a well-known Australian News Show, called that because it is broadcast on Australia’s ‘Channel 7’. Most of the time they’re a reputable source, but that plane thing is just bs
*Canada:* So we're gonna make you pay a small tax so you can get free healthcare when you need it. You won't have to wait long to see someone either. *USA:* You get to pay a large tax for healthcare, and you still get to pay several hundred (or thousand) dollars at the appointment. Also, wait time is horrendous if you don't have good insurance, and they might have to pay us too, even though you already pay them way too much.
4:13 Well, given that in a lot of countries the *government* has passed legislation making those _religious holidays_ into _statutory holidays_ (along with _non-religious holidays_ such as independence days, monarchs' birthdays, regional anniversary days, labour days, and other culturally appropriate days - like ANZAC Day and Waitangi Day here in New Zealand), then atheists, Christians, Muslims, Sikhs, Buddhists, Jews and any other religious persuasion *all* get to have the day off - in some cases, whether they want to or not. Some of these days are "Mondayized", which means that if the *religious* holiday falls on a weekend, the *statutory* holiday falls on the following Monday. This means that some years, atheists (and other non-Christians) *aren't* having Christmas day as a holiday, they're having the *following Monday* as a holiday. And as Jake says, it's a *day off* - unless you work in a place that actually *pays more* for working on statutory holidays, what's the point turning up to work when everyone else is taking the day off and having fun?
In short, people weren't making retirement funds for themselves. It was becoming a problem. Old people were becoming unable to work but unable to retire. So the people demanded the government make something to fix this. SSI/Social Security was one of the 2 main fixes, that I know of, that came from this. So basically it's a retirement plan for the unable to save for retirement. Back then, those elderly who couldn't work anymore, but lacked a savings for retirement, would often end up in care facilities. Sort of like old people homes, but government payed woooozzles amount of money to tend to the elderly's needs. So, in essence, saves the government money, tons of money. However, the interest from so many people paying into it was a ton. To the point it allowed people who can not work, some maybe born that way or maybe not, to be allowed some money from the same basic company to survive on. This was to help those who would otherwise be either homeless or in care facilities, that could sort of tend to themselves if given an income, and didn't need the 24/7 care, care homes provide. Basically, it's cheaper for the government to use the interest to pay people to stay out of sight, out of mind, than the government funded care facilities or clean up bodies regularly and hide the fact they weren't doing anything to fix the mess. Also, it's a statement that even 40, 80, 100 ect years ago, workers were often underpaid and unable to plan for their future very reliably.
Most countries in the industrialized world have some form of something like Social Security (although Social Security is the program that the US uses), while most every country that does have it does it differently, essentially speaking it is a social program that involves the government paying a monthly stipend to people who have reached an age where they can no longer work
aussie here, seven news ( and nine news) are legit one of the worst news sights down under. they are a bit like TLC, except boomers run the whole thing, talking about how they are not the 'target market' for any millennial artist.
1:48 Okay but Plus-sized and overweight are different things. You can be plus-sized and not overweight. That said, it doesn't make the article any less pointless
You pay your taxes and social security is the money “you are entitled to” when you retire or go on disability. If you don’t have a retirement fund from work, its like a “built in” retirement fund. Theres also medicare/medicade, which is a form of national health care given to the elderly and disabled.
the best way to explain social security is that it is basically a national retirement fund. from the moment you start working until you are 62, a tiny percent of your paycheck goes into it, once you hit 62, you can start receiving the benifits of it, which is basically a 1500 to 3000 dollar monthly pay check for the rest of your life. (there are other benifits as well, but i'll get to that in a minute) Unfortunately, as pointed out, baby boomers changed a bunch of laws for a while that had to be changed back because they neerly destroyed it completely, if they hadn't, the age for social security benifits would be closer to 45-50 years old and the amount would be double of what it currently is. Also, as mentioned, there are supposed to be other benifits, but baby boomers did so much damage with the law changes and similar that they pretty much only exist on paper.
Social security: Pay money now. Get it when old and cant work for money.
So is it like a pension?
Sounds like it
@@lisahenry20 Pension, yes. But also healthcare and unemployment money.
other country’s just get health care and unemployment for free and we just pay pension because the government does not let people capitalise off the sick and unfortunate in our society
@@Asheora In most countries everybody who is working pays a share of their salary to social security. The money then goes to unemployed people, the sick and old folks. And you get the promise, that you will get help when you end up, unemployed or sick. It is not realy free. But people that earn more generaly pay more. So it is a redistribution of money in that sense. It helps reducing inequalities. A good messure is the "Gini-Coefficient". It is a numbre to messure inequality in a country. You can calculate it before and after redistribution by the social security system and see how good the system is in reducing inequality. Germany is a good example. without this system germany would have alot of inequalites. Have a look at this if you are interested: www.gut-leben-in-deutschland.de/static/LB/indicators/income/gini-coefficient-income/
About Boomers being "the most fortunate generation"
He got that right. He admits that his generation was incredibly lucky to have as much as they did; to have as much as their parents gave them.
saying future generations are less fortunate is literally saying you _don't want to give your children any help in life_ . _wanting_ them to suffer for _no reason_ . That's just despicable.
the majority of 'boomers' are kicking their children out of the house at 18-21 as well, when their still living in the house mommy and daddy gave them
Boomers are the literal reason we will be extinct. Ok maybe not the only reason. But they’re the start. They started it.
Maybe us generation z,s can help but then again we grow up we might be known as the sleepy generation
daffy: you're dethpicable!
I'm a fifty-one year old Gen-Xer. I'm pleased with what my parents' generation left me. And since when are Boomers the "parents" of Millennials?
Paying no taxes is exactly how you become a head of an Economics Department
Since you asked, Social Security is basically the equivalent of an Old Age Pension that you pay into, and collect when you retire.
It's something you get when you pay taxes the taxes come out of your paycheck automatically. If you don't work you can't get it also the more you make the more you get . I get 1200 a month from social security a friend of mine gets $ 2900 a month he was in the construction industry. What I get is technically social security disability shoulder injury at a job .
The problem with Social security is that its a government version of a pyramid scheme. Each generation has to pay more than the earlier ones or wait longer to join. Now we are stuck cause if we don't keep paying, the last generation to pay will get super screwed over while if we do keep paying into it, the cost keeps rising and rising with less and less returned. Basically its turning into a sophie's choice.
@@Nostripe361 - Social Security was supposed to be a "hold my money, and invest it until I retire" plan, but, you know, governments don't care that it's not their money, they'll just spend it, and expect it to be replaced with future taxes. If it was properly managed, the money you got from Social Security would be your money (plus interest from investments) and not someone else's money.
That was the plan originally, but along the way, someone said "well, let's just spend this now, and replace it later" and it just kept getting worse because, well, it's not their money, so they don't care, they don't have to personally replace it.
@@jimmy_kirk True that was the original plan. Its one of the most annoying things about government finance. Even if you specify that the money can not be used for anything else, they can still use it if they promise to "eventually" put more money in it later.
This is also one of the reasons for the American education funding being so abysmal despite the fact that we are putting a ton of tax money into it. Cause a senator can use this to "borrow" money from the fund to pay for one of his vanity projects while still cutting taxes for the public that does not understand that the government actually needs money to work.
@@amanawolf9166 - You know what the worst part is? Capitalism would have prevented the entire scenario from ever occurring.
You don't have a choice in the matter. You're taxed for it, whether you want it or not. It's mandatory. But being mandatory isn't necessarily a bad thing. It helps to ensure that there shouldn't be older generations with nothing to live on because they didn't bother to save over the years. So, it might be a good thing that it's mandatory.
But, while it's mandatory, you don't have choice in whom you wish to hold on/invest your money with. You're forced to pay into the government system, instead of being able to choose with whom you wish to pay into. Having auto insurance is mandatory, but, you can choose which insurance you want to pick from in the open market, you're not forced into using a government insurance system.
The government has a monopoly on Social Security, and it's mandatory. That's why it's so messed up at this point.
Social security is a governmental program created by FDR in the 30’s during the depression. It sends checks to the unemployed and retired. There could be something similar in the uk, I have no idea.
Street Food yeah in the U.K.its called benefits
like a pensioner in the uk
Please help me I’m only hearing the word checks oh god oh fuck
Jake, talks about his different channels
Me, who doesn't notice: Jake is Jake
and all of them are fake
For her Dumb Horse
sounds like he was talking about the horse and the wife
Jett Ufema
pAnIc aT tHe dIsCo
Hello police I would like to report a murder
7 News is actually one of the main 3 television news programs in Australia. That doesn’t mean they’re particularly reputable but it does mean that they are a notable source in Australia. All news scaremongers, though.
The first one: This seems to cost one 39$ a year of library tax, opposed to 70$ for 6 books. I think I’d rather pay taxes
Precisely.
You also have to factor in that you can't keep library books permanently, so comparing these two things is like comparing rent to mortgage. But if you don't plan on keeping the book libraries are always the best option.
@@ItsNullAndVoid and both options become stupid when you remember there are services that let you pay a flat monthly fee to read whatever you want; without leaving your house
F.B.I libraries are the shit my dude, by the way can you come to my house I found an alien in my backyard and it’s regurgitating tree bark
You are assuming they will only get the 7 books they want.
Social security in layman's terms: A government bank account that you paid into for your entire life and are eligible to access at 65. It is not a benefit, but an entitlement and only accessible after the individual has worked 40 quarters (10 years) and paid (at least) $1320 per quarter.
Edit: Or after becoming severely disabled prior to meeting this standard.
When you get rosted by Arlo, you know you f*cked up.
Social security is a system that was created in the 1930s where taxes from paychecks go into the system and when a person is of retirement age they should be able to live off of payments they get back out. It was also meant for widows who husbands die and need to feed their kids, they withdraw from what their working husbands had put into it. It was build to protect widows, the elderly and the diabled. Congress has been dipping into the social security fund for decades (largely in the 80s). Now people who are old enough to retire often cannot (they still haven't adjusted it to the current cost of living.) We are coming to a place where, because young people are not having as many kids (it's too expensive, and they often have too much student loan debt) and older people are living longer (but the gutting of healthcare might kill folks quicker smh), there will soon be far more people of retirement age than of working age. So more people will be withdrawing for the system than people putting back into it. Which shouldn't be a problem with the way it was set up. But as I said congress has been robbing the system blind for decades and cannot replace the money they've taken out and allocated elsewhere. That person's analysis was pretty spot on unfortunatley.
Someone actually did it...
@@Ray.R.4y had time yesterday!! 😂😂😂
@@Ray.R.4y ah yes just like the Japan simulator
How long was that comment
@@kennywinter426 Long enough to make a comprehensive explanation.
Me: Yeah I’ve subscribed FakeJake and RealJake!
Jake: There is another...
Whyjake why????
schrödinger's jake
“Respect is for those who deserve it, not those who demand it.”
This is something I need to say to my mother sometime when she tries to use everything she does for me as a weapon to throw a temper tantrum over something pointless.
6:50
New Zealand basically has free health care.
Mum has cancer and is getting radiation and chemo for free.
The government pays for it.
No, the Taxpayers pay for it. "Free" Healthcare doesn't actually exist.
@@Marco-bb7vd
Thank you and same to you.
Mum has two cycles left too, but the doctors think the cancer is algoods and has stopped the chemo treatment so she has two cycles of chemo if the cancer comes back.
But the cancer that really worries me is the lot in her brain, unfortunately chemotherapy doesn't work up there only radiotherapy, and that only shrinks the cancer.
@@ChaotiX1 The taxpayers pay a tiny amount of money towards it (probably in the hundred's every year). In the US, it's $10,000 for proper treatment, and cough sweets cost as much as $10 each. What's more, the government pays far more in a privatised system than in a socialised system. In the US (as of 2016, it has most likely gone up since then) the government spends 9,892 international dollars per capita on healthcare. In New Zealand, where Jamie's mum is getting high-quality cancer treatment for free where she'd have to spend 4 months salary if she was American it's 3,590. Socialised healthcare is better in every single way imaginable, and that's the truth that your greedy politicians have been hiding from you for decades because they're corporate puppets. Shame, Sanders could have solved all of that for you but you fucked him over just like you did four years ago.
@@feckusmaximus3234 So, like I said. The taxpayers pay for it. Because free healthcare doesnt actually exist.
@@ChaotiX1 Sure, but nothing is ever free. I'm pretty sure a couple hundred pounds/dollars/euros is a small price to pay for your life
I studied climate science in chemical engineering graduate school as a specialist subject and something that almost never comes up in public debate is, if you take the global average temperature over the entire planet all that chaotic elements of weather cancel out and and reduce to a standard "radiating body problem". We can predict the global average temperature next week, next month, or 5 years from now with a grate degree of accuracy.
I had an atmospheric chemistry class where we where given a test question of: given a certain fixed amount of millions of metric tons of CO2 being dumped into the atmosphere calculate the global average temperature rise. We could because they taught use the formula and the theoretical basis of why was true.
Somebody once told me the world is gonna roll me
I ain't the sharpest tool in the shed
She was looking kind of dumb with her finger and her thumb
In the shape of an "L" on her forehead
Well the years start coming and they don't stop coming
Fed to the rules and I hit the ground running
Didn't make sense not to live for fun
Your brain gets smart but your head gets dumb
So much to do, so much to see
So what's wrong with taking the back streets?
You'll never know if you don't go
You'll never shine if you don't glow
Hey now, you're an all-star, get your game on, go play
Hey now, you're a rock star, get the show on, get paid
And all that glitters is gold
Only shooting stars break the mold
It's a cool place and they say it gets colder
You're bundled up now, wait till you get older
But the meteor men beg to differ
Judging by the hole in the satellite picture
The ice we skate is getting pretty thin
The water's getting warm so you might as well swim
My world's on fire, how about yours?
That's the way I like it and I never get bored
Hey now, you're an all-star, get your game on, go play
Hey now, you're a rock star, get the show on, get paid
All that glitters is gold
Only shooting stars break the mold
Hey now, you're an all-star, get your game on, go play
Hey now, you're a rock star, get the show, on get paid
And all that glitters is gold
Only shooting stars
Somebody once asked could I spare some change for gas?
I need to get myself away from this place
I said yep what a concept
I could use a little fuel myself
And we could all use a little change
Well, the years start coming and they don't stop coming
Fed to the rules and I hit the ground running
Didn't make sense not to live for fun
Your brain gets smart but your head gets dumb
So much to do, so much to see
So what's wrong with taking the back streets?
You'll never know if you don't go (go!)
You'll never shine if you don't glow
Hey now, you're an all-star, get your game on, go play
Hey now, you're a rock star, get the show on, get paid
And all that glitters is gold
Only shooting stars break the mold
And all that glitters is gold
Only shooting stars break the mold
nice
@@fishecake2794 nice
We're no strangers to love
You know the rules and so do I
A full commitment's what I'm thinking of
You wouldn't get this from any other guy
I just wanna tell you how I'm feeling
Gotta make you understand
Never gonna give you up
Never gonna let you down
Never gonna run around and desert you
Never gonna make you cry
Never gonna say goodbye
Never gonna tell a lie and hurt you
We've known each other for so long
Your heart's been aching but you're too shy to say it
Inside we both know what's been going on
We know the game and we're gonna play it
And if you ask me how I'm feeling
Don't tell me you're too blind to see
Never gonna give you up
Never gonna let you down
Never gonna run around and desert you
Never gonna make you cry
Never gonna say goodbye
Never gonna tell a lie and hurt you
Never gonna give you up
Never gonna let you down
Never gonna run around and desert you
Never gonna make you cry
Never gonna say goodbye
Never gonna tell a lie and hurt you
Never gonna give, never gonna give
(Give you up)
(Ooh) Never gonna give, never gonna give
(Give you up)
We've known each other for so long
Your heart's been aching but you're too shy to say it
Inside we both know what's been going on
We know the game and we're gonna play it
I just wanna tell you how I'm feeling
Gotta make you understand
Never gonna give you up
Never gonna let you down
Never gonna run around and desert you
Never gonna make you cry
Never gonna say goodbye
Never gonna tell a lie and hurt you
Never gonna give you up
Never gonna let you down
Never gonna run around and desert you
Never gonna make you cry
Never gonna say goodbye
Never gonna tell a lie and hurt you
Never gonna give you up
Never gonna let you down
Never gonna run around and desert you
Never gonna make you cry
5:50
Who else wanted so badly for this conversation to end with "Okay boomer".
Seems you're just a rude person, then.
4:37 bruh he sound like that lego commercial lmaoooooo
1:20 Arlo said that!? Wow, he's always the nicest person in videos. I did not expect him to have a savage side.
taxpayers: Well, we can't possibly do worse than a treasurer that is stumped by Turbo Tax...
Chairman of Economics Dept: *clears throat*
taxpayers: *turning slowly* Oh no...
I'm an athiest (the kind that dont hate you for believing in anything)
and i can guarantee you...
*It's definitely for the days off*
i hate vegans, though that's becoming a religion.
I (also an atheist) celebrate the holidays because they’re fun, and most of the time that the only time I could really see my dad when I was younger since he was in the Middle East fighting in the US ARMY
@@Hawkens4k Don't hate vegans. They objectively are better for the environment.
Hate people who bring it up every conversation and try to convert you every single time. _this_ is a trait that's restricted not only to vegans, and is why you compare them to a religion. And _this_ is what deserves to be hated; excessively trying to force other people to their point of view and make them feel bad.
@@Hawkens4k
Plus vegan girls don't swallow. 😞
Necroking Darak well, I do know that some religions incorporated veganism or vegetarianism into their religion.
There are branches of Buddhism that have its followers commit to a vegetarian diet. Same with many Hindus.
There’s also Adventists who included vegetarianism as part of their faith.
Jake I'm assuming your British in which case our social security is called national insurance.
3:10 - to put it simply, social security is money that is taken out of your paycheck every month and is, in theory, put aside for you to use in the future when you retire. However, what is happeningis that there is not enough money in the social security vaults to pay for the social security of the people who are currently using it. which means of the social security money that is being put it now is instead of going to them to pay for theirs. Which means the people putting the money in now won't be able to use it when they go to retire
Lol yeah they have been saying that since I was a little kid and it's still going strong. When I was little adults said it would be gone by the 90s because that's what they heard. I can see it disappearing as so many people don't work anymore and live at home with their parents.
@@bishbosh7728 can you please tell me where you got the information about living at home with parents and not working? Sources please?
8:10 Michael ruined their business, it's not their fault
ｉｃｅ ｃｒｅａｍ ｓｃｏｏｐ
7 news is one of the broadcasters in Australia.
7, 9, 10, sbs and abc are the main stream media of Australia.
Still, no more repeatable than anyone else
I love how Christmas isn’t even a Christian tradition and yet Christians claim that it’s “their” thing. It was originally a Pagan tradition named Yule.
Yep, and you know what else has Pagan origins but is unreasonably hated by most Christians? HALLOWEEN. And this is because some Christians are so hyperspiritual that they believe that on THAT day specifically, all the dark spirits are going to erupt out of Hell and possess your children(for context, the last church I ever went to, this one guy in particular loved talking about how Halloween is "The Devil's Holiday" and shouldn't be celebrated)
Social security is like an extra ID that is used for retirement and other stuff. It was made by Roosevelt during ww2 and basically saved the US from the great depression
I can't help but feel there's a Gen1er joke somewhere with the IQ score.
@1:25 it's true though, especially for animators who need to put in a hell of a lot of work for 15 minutes of video
In the UK we have National Insurance, a tax on earnings and self-employed profits. National Insurance contributions are paid into a fund, from which state benefits are paid. This includes the state pension, statutory sick pay, maternity leave, entitlement to additional unemployment benefits, and the NHS.
Whats wrong with taxes? It’s more predictable and manageable than something coming up, like losing an arm or being fired.
Cool story. I actually have an IQ of 151. Here's two insights my "big brain" has achieved:
1) You can't get an IQ score from an internet test.
2) Literally no one cares about your IQ.
Social Security is a program that came out of the Great Depression in America. It’s money that disabled people, retired people, and idk who else can get when they need it (when they qualify for it).
Basically we pay into it and until Regan took took much out, there was enough for everyone to eventually get some when they got old enough to qualify (as mainly old people get it)
1:33
Slimjim: *happy long boi gang noises*
7 new said “fires are out” and every one else said “floods”
4:00 social security is this weird thing where the government decides that you can’t be trusted with your own money and takes a small bit for a specific amount of time, usually until retirement. It was started during the Great Depression. Oh also the government will use YOUR money sometimes. In the USA sometimes means a lot.
Papa Papa
Yes
@@AmericanCaesariani failed math
And what does this have to do with math?
@@AmericanCaesarian i drank to much vodka
3:04 as a person who lives in Tampa Bay I can confirm that everyone here is hella old
3:00 Considering that "boomer" is an insult kids use to anyone older than them -- regardless of when the baby boom actually was -- this will take a long time, by which time today's millennials will have long since passed the age of the people they call boomers now.
1:23 Oof size extra large
That baby boomer one was brutal and I love it
Social security is basically a retirement insurance where you pay your entire adult life and then receive it when you’re old. Thing is, basically anyone under the age of 40 who has been paying it their whole life will never get it because the government is going to remove it.
6:52 Of course USA has high healthcare fees; general inefficiency, fear for getting inaffordable estimate/receipt, finally getting treatment when the cost is at its peak, and yet citizens get infuriated when the government try to get bigger for any reason.
Lmao that dude who got left for the jiu jitsu instructor
He got that job by being willing to lie to people so that he & his company can make money.
R/murderedbywords:your weak!
R/madlads:im you!
8:05 7 news is literally one of the most reliable news sources in Australia
Social Security: I live in Germany and unlike people in the United States, I am *not* constantly one disease, illness or accident away from bancruptcy. If, for example, my hands get damaged (I work as a plumber), all of my medical bills are paid for by taxes not significantly higher than yours and even if I can't work again the rest of my life, I can be assured to *never* live on the streets. Simply put, the government hands out money to those who aren't capable of earning it themselves (Injuries, disabilities, difficult job market, etc.). Not enough money to live comfortably but you get by with a roof over your head and a bed to sleep.
Social security is practically the same thing as the state pension in the UK
Bro had an IQ of 151...
My brain: His a Mew!
The funniest part of that airplane abort article, is 7 News actually is one of the more reputable news stations. It’s not one of the clickbaity websites out there, it’s literally the Channel 7 News that has a time slot on TV every night 😆
I think Social Security, in that context, is basically like the age pension.
For the first one the man in black misses he point while HE may pay very little for the books there are people who have never and will never use that library to get books who are paying the rest of that 70$ for him, its not as if that 69.25$ goes away it is just transferred to people who have no part in the exchange.
Social security is basically a tax that you might get refunded when you're over 70
I actually agree with the first guy that libraries should be replaced. Why has no one created a "netflix" for PDF files yet? That would be so much more conveient.
“but you don’t have to pay taxes!” i-
Social security is like a retirement fund, money goes into it with taxes
J-Jake?
7News is one of Australia’s biggest news channels.
.... well Fox News is the biggest US news channel.... Size doesn't grant for quality...
My dad works at UMBC as a professor (he studies birds, primarily the Bahama Orioles) and I showed that to him, I have been to UMBC myself and it has a very nice campus and people there are nice
Social security in England is called Department for Work and Pensions (DWP) just looked it up cool fact that was fun to research. I’ll try do find out more but it’s tricky to research.
Probably been answered by loads of people, but I believe social security is the US equivalent of National Insurance in the UK.
the "crème de la crème" xD
as a french people, I always laugh when I hear a french word in an english sentence.
Murdered by words.
Like... “gun”? *pow* oh shit MAN DOWN
Social Security is like you pay for old people’s pension
Fun Fact: My great uncle had the first ssn.
What is his Ssn? Asking for a friend
?
@@jimmybelgium Social Security Number
I wasn’t expecting Arlo to be in this video, I love his content!
4:25 I guess Thursday doesn't exist because the god it's named after, Thor, also doesn't exist
Those 70 dollars are a one time fee, the 75 cents per week will end up costing more overall
No they wont. Bc you have to buy more books in your life
6:32 I mean, to be fair, smart people aren't flawless, and they do make mistakes.
Social security is basically the DWP
7:10 Hey 7News I have a scoop
Cowbelly gang rise up
Ice cream scoop
Icceeeeeeeee Creaaaaaaaaam Scoooooooop
Scoop cowbelly
Quick he’s a Canadian spy! Get him!
And umbc Completely Evaporated Virginia in basketball when Virginia was Ranked No.1
For the plane thing, 7 News is actually a well-known Australian News Show, called that because it is broadcast on Australia’s ‘Channel 7’. Most of the time they’re a reputable source, but that plane thing is just bs
When he said horse toys I thought that they were plastic toys
Crazy that the into is just long enough to get you to the 10 minute mark, insane, how lucky
Social security should mean that you pay a bit higher tax and if you get sick you don't have to worry about living in debt slavery to a medical bill
As far as global warming goes, and I'm not going to say it's real or not because both sides will slaughter me. How does taxing us fix anything?
*Canada:* So we're gonna make you pay a small tax so you can get free healthcare when you need it. You won't have to wait long to see someone either.
*USA:* You get to pay a large tax for healthcare, and you still get to pay several hundred (or thousand) dollars at the appointment. Also, wait time is horrendous if you don't have good insurance, and they might have to pay us too, even though you already pay them way too much.
7 news is one of the major Australian news channels
1:57 thats equality for you *sigh*
Everyone is equal. But some people are more equal than others.
@@armaggedon390 basicly yeah
4:13 Well, given that in a lot of countries the *government* has passed legislation making those _religious holidays_ into _statutory holidays_ (along with _non-religious holidays_ such as independence days, monarchs' birthdays, regional anniversary days, labour days, and other culturally appropriate days - like ANZAC Day and Waitangi Day here in New Zealand), then atheists, Christians, Muslims, Sikhs, Buddhists, Jews and any other religious persuasion *all* get to have the day off - in some cases, whether they want to or not.
Some of these days are "Mondayized", which means that if the *religious* holiday falls on a weekend, the *statutory* holiday falls on the following Monday. This means that some years, atheists (and other non-Christians) *aren't* having Christmas day as a holiday, they're having the *following Monday* as a holiday.
And as Jake says, it's a *day off* - unless you work in a place that actually *pays more* for working on statutory holidays, what's the point turning up to work when everyone else is taking the day off and having fun?
In short, people weren't making retirement funds for themselves. It was becoming a problem. Old people were becoming unable to work but unable to retire. So the people demanded the government make something to fix this. SSI/Social Security was one of the 2 main fixes, that I know of, that came from this. So basically it's a retirement plan for the unable to save for retirement. Back then, those elderly who couldn't work anymore, but lacked a savings for retirement, would often end up in care facilities. Sort of like old people homes, but government payed woooozzles amount of money to tend to the elderly's needs. So, in essence, saves the government money, tons of money.
However, the interest from so many people paying into it was a ton. To the point it allowed people who can not work, some maybe born that way or maybe not, to be allowed some money from the same basic company to survive on. This was to help those who would otherwise be either homeless or in care facilities, that could sort of tend to themselves if given an income, and didn't need the 24/7 care, care homes provide. Basically, it's cheaper for the government to use the interest to pay people to stay out of sight, out of mind, than the government funded care facilities or clean up bodies regularly and hide the fact they weren't doing anything to fix the mess.
Also, it's a statement that even 40, 80, 100 ect years ago, workers were often underpaid and unable to plan for their future very reliably.
0:28 yeah,it’s 1.0715% tax is kinda expensive
Edit:approximately 1.0715%
Hi Jake,
Social security is the American equivalent of UK Pension and National Insurance contributions.
3:24 fyi, boomers are the children of the Silent generation, the silents are the kids are of the Greatest generation...
Most countries in the industrialized world have some form of something like Social Security (although Social Security is the program that the US uses), while most every country that does have it does it differently, essentially speaking it is a social program that involves the government paying a monthly stipend to people who have reached an age where they can no longer work
Stop murdering my band practice haha
aussie here, seven news ( and nine news) are legit one of the worst news sights down under. they are a bit like TLC, except boomers run the whole thing, talking about how they are not the 'target market' for any millennial artist.
national insurance is the uk version of social security
4:24 why should non farmers get summer off, that's harvesting season
1:48
Okay but Plus-sized and overweight are different things. You can be plus-sized and not overweight. That said, it doesn't make the article any less pointless
7 news is one of the biggest news sources in Australia
As an atheist I can confirm that we celebrate Christmas, but only because we get it off and we get to give and get presents.
7 news is one of the main news companies in Australia
Wait if we spend 17 percent of our money on health care why is it still so shitty
Ah yes, the cram della cram! Oh, how mudge I mist it!
You pay your taxes and social security is the money “you are entitled to” when you retire or go on disability.
If you don’t have a retirement fund from work, its like a “built in” retirement fund.
Theres also medicare/medicade, which is a form of national health care given to the elderly and disabled.
“Outragious”
okay yeah but 7 news is one of the main news corperations in Australia
the best way to explain social security is that it is basically a national retirement fund. from the moment you start working until you are 62, a tiny percent of your paycheck goes into it, once you hit 62, you can start receiving the benifits of it, which is basically a 1500 to 3000 dollar monthly pay check for the rest of your life. (there are other benifits as well, but i'll get to that in a minute)
Unfortunately, as pointed out, baby boomers changed a bunch of laws for a while that had to be changed back because they neerly destroyed it completely, if they hadn't, the age for social security benifits would be closer to 45-50 years old and the amount would be double of what it currently is. Also, as mentioned, there are supposed to be other benifits, but baby boomers did so much damage with the law changes and similar that they pretty much only exist on paper.