Donald Trump: Tapping of Paul Ryan for veep was ‘end’ of 2012 campaign

The Washington Times ^ | February 17, 2016 | David Sherfinski

[central_va]

Going forward it should be privatized. In about 50 years it will be totally private. The legacy hang over is not $50 Trillion for SS. Social Sec was taken out of a "lock box". It can be put back in.

I would lower income taxes for both corps and individuals and raise tariffs in imported goods to 30%. That should go a long way to reducing the deficit and be very stimulative. I would freeze ( no cuts ) entitlements at present levels for 5 years. The debt is systemic and will be with the USA until inflation makes it moot in about 100 years.

[Eric Pode of Croydon]

FRiend, I feel sorry for you.

Sometime between 2028 and 2033 the Soc Sec retirement fund surplus will run out.

At that time, there will need to be a ~30 percent cut in benefits, a close to doubling of the payroll tax, or some of both.

Based upon past experience, I have zero confidence that America has the political will to avert this.

I am planning my retirement with it in mind and I hope you will do likewise.

[central_va]

Really as long as welfare is defunded I don’t care. I’ll just beg money on the corner.