Donald Trump: Addressing the joint session of the US Congress, President Donald Trump has highlighted the prevailing corruption in the world’s most powerful country. Trump explained how government money is being wasted in the US and people are benefiting from 360 years, 200 years and 160 years of ‘unprecedented American’ pension and social security system scheme. Trump said, “The flaws of the social security system are harming our country.” We have a 360 -year -old man who is taking advantage of the social security system. That is, a person born 100 years before the formation of modern America is taking advantage of social security. Among them, there are 1 lakh 30 thousand people whose age is more than 160 years. He is taking social security checks. There are 1.3 million people who are between 150 and 159 years of age and are receiving social security checks.
What is a social security system?
- America’s social security system acts like social insurance. Which provides financial assistance to people in the difficult times of life.
- The scheme provides protection to the family after retirement, disability, inflation and death. This will improve the standard of living of millions of Americans. It is an important part of the social welfare system of the country.
- America’s social security system is a government program. This means that its maintenance and implementation is done by the federal (Central) Government in the Indian sense.
- In 1935, President Franklin D. It was launched under Roosevelt’s New Deal to save people from the 1929 recession.
- To take advantage of this system, employed people will have to deposit a part of their salary in this fund.
- But like government programs in India, corruption has also entered this system.
Corruption in America
Trump in his address drew attention to this and called for removing it. Trump said, ‘There are 1.3 million people whose age is between 150 and 159 years and they are taking advantage of social security. There are 1 lakh 30 thousand people whose age is more than 160 years and they are receiving social security checks.
Our country is more healthy than expected: Trump
Addressing the House, Trump jokingly referred to the so -called elders and said, “Our country is much more healthy than our expectation.” On Trump’s statement, applause started playing in the House.
President Trump did not stop here, discussing corruption in the social security system. He said, ‘There are 1039 people in our country whose age is between 220 and 229 years. We also have people who are 240 and 249 years old. Apart from this, there is also a person whose age is 360 years. This person was born 100 years before the formation of our country. However, he is still going through security checks. He is grabbing government money.
Let us tell you that the US Social Security Fund receives government donations under the Federal Insurance Contribution Act (Fika). Apart from this, every working person contributes 6.2 percent of his salary to social security and his employer also contributes the same amount. A person who runs his own business or job will have to contribute the entire 12.4 percent.
