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A system by which the government guarantees all employed persons in the entire nation will get a certain percentage of their income by the time they retire.
This system has been fairly functional up until recently, with current demographic shifts making most current models unsustainable unless states increase the age at which a person may collect their pension.
This has effectively made most of these systems into a literal political time-bomb in the countries in which they have been implemented because the taxes that must be levied against individuals and the companies that employ them to pay for such funds has made it so that only the ultra wealthy or very well off can feasibly keep a private retirement fund, meaning that with every year the government increases the retirement age they are effectively forcing most of the population to work longer than they want to/are able to, which is shockingly very unpopular with voters.
Wealthy CEO: Oh boy Iâm sure looking to retire at age 50 and leave my company to my son/daughter so they may do the same exact thing.
Average Employed Person: Damn itâs going to suck ass working until Iâm 70 only to retire and have the National Pension Fund recipient age raised to 71
Locked in an battle with Swiftonomics to see which model can fuck over the poorest people in the United States and abroad.
Itâs a shame that swiftonomics caused the price of food in my city to jump by 15% so now I will not be able to feed my family for the next week or so, but hey itâs Taylor, maybe I can hear her music in the parking lot.
Hey you know that factory that was supposed to open up here, wasnât it a Tesla plant?
Yeah their moving that back to the US as a side-effect of biden-omics
Damn that sucks, looks like I will have to go back to the subsistence farm and hope that there are no droughts that will kill off my entire family.
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Locked in an battle with Swiftonomics to see which model can fuck over the poorest people in the United States and abroad.
Itâs a shame that swiftonomics caused the price of food in my city to jump by 15% so now I will not be able to feed my family for the next week or so, but hey itâs Taylor, maybe I can hear her music in the parking lot.
Hey you know that factory that was supposed to open up here, wasnât it a Tesla plant?
Yeah their moving that back to the US as a side-effect of biden-omics
Damn that sucks, looks like I will have to go back to the subsistence farm and hope that there are no droughts that will kill off my entire family.
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An adjective describing an individual or action that can be perceived as someone or something trolling someone or something else.
Bro that president is so trolly restricting his nationâs uranium exports doesnât she know itâs only 5% of global supply and it will have no effect on anyone?
Accomplished Businessman and Potential Republican Candidate for US President in the 2024 US Presidential election.
Is currently polling at less than 1% nationally despite pouring tens of millions of dollars into his campaign.
Attempted to run for the office of governor in the state of Michigan but was unable to appear on the ballot after it was discovered the 9,400 of the 15,000 signatures necessary to appear on the ballot were fraudulent.
Believes that âshavingâ 2 cents off of every dollar spent by the federal government âyear after yearâ is enough to eliminate the federal deficit.
A Troll Candidate that will still somehow do better than Ron DeSantis.
Damn itâs crazy that Perry Johnson managed to beat out Ron DeSantis for the Republican presidential endorsement after Donald J. Trump left the party and ran independently.
Yeah but at least the government debt crisis will be solved with the 2 cents plan
32nd president of the United States of America and a total dipshit motherfucker who cheated on his wife, undermined the judicial branch of the Federal government (via court packing), broke the 2 terms per president norm (they made a law after this making it effectively impossible), ruthlessly undermined the opposition blaming them for the worst economic crisis in US History (the Great Depression), pushed an economic recovery plan that ended up crashing the economy again (New Deal), needed a global war to prevent his entire administration from being another shit stain on history.
âHey you know that guy who tried to completely destroy the Checks and Balances system of American Democracy?â
âOh yeah Franklin D. Rooseveltâ
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N. The act of moving a factory or business from one country in the global supply chain to another country in the global supply chain that you are more friendly with.
An alternative to straight globalization.
By Friend Shoring that company, we no longer have to conduct business with that country which is committing human rights violations.