Article

2024-05-07 Economy

Social Security trust fund to be exhausted by 2035 and Medicare in 2036, trustees project

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Posted by Besoeker 2024-05-07 01:21|| || Front Page|| [124 views ] Top

#1 Well, that's 11-12 years from now.
I won't need them.

Posted by Skidmark 2024-05-07 04:39|| 2024-05-07 04:39|| Front Page Top

#2 Social Security, a mandatory insurance program that goes broke. What does that tell you ?

Posted by Besoeker 2024-05-07 04:58|| 2024-05-07 04:58|| Front Page Top

#3 Stop and think of all the things that SSA pays out $$$$$ that were NEVER part of, or meant to be.

ALSO
How about cutting a lot of social $$$$$ play outs and teaching more personal responsibility.

How about FREE Birth Control Pills & Condoms, instead of more SNAP benefits or other Free Taxpayer $$$$.

How about requiring the Mothers with a growing collection of illegitimate kids to ID the dads and start docking the Sperm Donor's paycheck or STATE/FED checks.

How about an Annual audit of all Section 8 housing. To see if UNAUTHORIZED persons are living there, or if the authorized Section 8 person is renting out a room(s)?

Posted by NN2N1 2024-05-07 06:26|| 2024-05-07 06:26|| Front Page Top

#4 It's not a 'trust fund'. It stood SCOTUS challenge by being classified as a tax. In the 60's the Johnson administration and Donk Congress did away with maintaining two books on the accounting and merged it with the normal tax income stream. It'll run out when the printing presses stop or the computers can no longer handle that big of a number.

Posted by Procopius2k 2024-05-07 06:45|| 2024-05-07 06:45|| Front Page Top

#5 /\ Donk Congress did away with maintaining two books on the accounting and merged it with the normal tax income stream.

Yes! They discovered they could "borrow" from it. The credibility of the system took a nose dive from which it has never recovered.

Posted by Besoeker 2024-05-07 06:55|| 2024-05-07 06:55|| Front Page Top

#6 They'll just print more money to cover it. No worries.

Posted by DarthVader 2024-05-07 09:40|| 2024-05-07 09:40|| Front Page Top

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