welcome to obama-bizzaro world
Actually, they just moved expenses to medicare and social security - the statistic you will NEVER see printed anywhere - the percentage of social security and medicare that is paid to people that have paid into the system versus the percentages paid to people that have NEVER paid into the system.
Incidentally we don't get welcomed to Greece, we plunge through at an incredibly high speed. When we end up in the stage that Greece is in, there will be no Euro-zone to bail water for us.
Social Security has effectively been insolvent ever since Congress decided to rob the trust fund money and replace it with government IOUs.
Not only to the scammers get Social Security for 30 to 60 years, they also get medicare... When the system's broken - and they will break it - and the money drys up, scammers will move on to the next victim - while those who really are disabled will die.
And folks too old to work - people who paid into the system their whole lives will die. And young people paying into the system weekly will lose the protection they're paying for - all so the usual eternal deadbeats can get a new free ride.
It’s okay - we’ll raise taxes and print more money. LOL!
I’d sure hate to be a young person. :)
Anyone under 53 would be a fool to consider Soc Sec as part of their retirement planning
It's all lies. All of it.
But, but the government PROMISED it would always be there! It is supposed to be self supporting! Here is what they said back in 1964!
“The program is designed so that contributions plus interest on the investments of the social security trust funds will be sufficient to meet all of the costs of benefits and administration, now and into the indefinite future—without any subsidy from the general funds of the Government.
Both the Congress and the Executive Branch, regardless of political party in power, have scrupulously provided in advance for full financing of all liberalizations in the program.”
They have loaded up millions in social security disability since Obammy has been in office. They also cut the withholdings for social security and medicare taxes on a lot of workers.
Being the racist he is, do you think Obammy is targeting the elderly people (boomers) in this country because they are in a large majority and white? I think he is. I think the progressives want to kill off the boomer generation as fast as possible. They don’t vote and think politically correctly.
I need to start doing the math. I can start collecting in four years. I would hold off until I’m 66, but I’m not sure there will be anything left by 2020, since projections tend to be overly optimistic.
I know someone who is truly diabled. This person made six figures when working and would love to get back out there and make that much money again but is not able. You wouldn’t believe what this person is going through trying to get disability. Not all people applying are frauds.