There is no “trust fund”.
There never has been a “trust fund”.
There never will be a “trust fund”.
Bruce Kasterling is a leftist blowhard. All his ideas are more of the same: tax the rich, don’t cut benefits. FU.
Anyone under 55 who thinks he/she will see a DIME of SS is living in fantasyland.
When people are paying over 50% of their gross income for SS alone, it will end.
My worry is they will Federalize 401(K)s
I have an idea that will fix this problem and will restore Social Security, immediately SEIZE ALL ASSETS of Every last member of Congress, The Administration, and Their Families if any wealth was passed down, like the Kennedy’s, going back to the first Day they STARTED STEALING THE MONEY and REPLACING IT WITH WORTHLESS IOU’S.
They gonna steal all those IOU’s?
LOL aren’t the raiders going to be surprised.
Those who know...know Obama is at war with America. And this is an easy way to strike at its core.
Strike the heart of America...and America will die (or at least, that is what Obama thinks).
Frankly, I am impressed that he has (or his handlers have) thought this through so thoroughly.
I'm impressed. They've done their analyses, they've implement their programs, they're now about to wage war against us.
And we just sit here...waiting to get hit.
Wake up...let's get ready to hit back.
Can I get an amen...will any of you freepmail me about this?
if its drying up in 15 years... 10-14 yrs short for me... then why should I continue paying now?
Disability has exploded in the last 8 years (there are no means testing or fraud investigators) permanent Disability is being abused beyond credibility. All it takes is an unethical doctor the purchase of a cane and the crooks no longer have to deal with nasty stuff, personal responsibility, employment, child support or any of the responsibilities of citizenship.
Try to find the annual numbers on permanent disability for the last 12 years. Good luck. My sense is it has tripled in the last 12 years, and it is 80% fraud. I personally know of a few cases where permanent disability has been "won" by unemployed (and unemployable) people who have never held a permanent job and, while on multiple welfare programs visit casinos and buy groceries I haven't been able to buy for years. If taxpayer money were not the only source of these abuses, I wouldn't care one iota.
If bare subsistence is too "demeaning to" expect from the indolent or the fraud-prone, where is my "equal protection?"
Same thing with Medicaid. Why was that shoved into medicare, although it is welfare with a catchy name? Totally non-contributory. I don't care how much Obama spends, just move it back to the welfare packages, where it is clear and can be debated without bankrupting "Social Security" (the original program that workers pay for 40 or more years.)
Most people don't grasp the role of the CBO, nor its limitations. All analyses by the CBO MUST accept the baseline assumptions and projections provided to it by Congress. It may not challenge nor change them even if the assumtions and projections are absurd; WHICH THEY ARE, MORE OFTEN THAN NOT.
Let's put the blame where it belongs. On both the criminal constituents of Congress.
They’ll kick the can and resort to the all-too-popular: Print more money.
There is a very simple fix to this particular program - emulate Guliani when he took over NYC.
When he looked at the welfare rolls, he required everyone on welfare to show up and reapply. Costs dropped by 30%.
It’s called ..... “management”.