Ageing population my a**. As many
sad to say die in direct correlation
with those retires that receive.
The huge drain on our worked for
benefits, are given away to illegals
and welfare lazy bums. Those with
disabilities (at least in my case),
have to jump thru all the hoops, and
wait up to 12 months to receive SSDI.
I paid 46 years into this system,
I expect to get out of it, what was
forced on me. Social Security is not
supposed to be an entitlement, it’s
supposed to be earned.
Wonder what GDP growth estimate they used. If it’s less than 3% this is Fake News.
Not that there’s any good news on these hoaxes...
“Medicare for all”
— Democrats 2018
What would be neat is if they tried to explain that the Trust Fund is actually government debt already.
“Drawing from the Trust Fund” just means issuing new US Treasury bonds to the public to replace the non-marketable Treasury bonds in the Trust fund. Those bonds are an asset for the retirees, but for the government and taxpayers they are already a liability and will add to the need to sell more and more bonds in coming years to fund the deficits.
“will become insolvent” LOL!
Ponzi schemes always fail. It’s like trying to haul two tons of canaries in a one-ton truck. You constantly have to keep one ton of the birds flying and eventually it proves to be impossible.