Posted on 09/30/2009 8:04:41 PM PDT by goods
No, what I am writing now is not satire, but a report I saw two days ago – which is still relevant as long you don’t have your own retirement account – was indeed funny.
The AP report of Monday September 27, reads as follows: “Big job losses and a spike in early retirement claims from laid-off seniors will force Social Security to pay out more in benefits than it collects in taxes the next two years… The deficits — $10 billion in 2010 and $9 billion in 2011 — won’t affect payments to retirees because Social Security has accumulated surpluses from previous years totaling $2.5 trillion. But they will add to the overall federal deficit.”
What? If SS has a surplus of 2.5 trillion bucks, why will “borrowing” $19 billion add to the overall federal deficit? Ah ha. You got it: the $2.5 trillion “surplus” exists only on paper, because the federal government has through the years spent all this money, therefore now when SS is running short, the government needs to borrow this money.
To understand it better, imagine this: you place into your emergency/retirement fund $5,000 every year starting at age 25 all through age forty when you were out of work for a half year due to a health issue, and therefore used some money from your emergency fund to get by the month. When returning to work, you continue placing your annual $5,000, but in the same time you “borrow” out every year a few thousand dollars to cover overall expenses, but being faithful to your retirement plan, you leave a note in the fund that “I own my fund $3,000, $6,000” and so on.
At age 65 when retiring, you will find yourself with just a few thousand dollars in your fund, and a bundle of papers written by you that you own this fund $70,000. Of course your “surplus” of all these years that you didn’t use (just “borrowed”), doesn’t serve you a day because it is gone. Instead you have to borrow money to cover your retirement.
This is basically the case with social security. So… it IS funny that instead of rioting in the streets and throwing out our political leaders due to this scam, all of us still pay into this already-bankrupted system, and many of us don’t even have serious retirement plans because we think we have “some” sort of net when turning 65 called social security.
What a damn joke.
They can’t count in DC...
Ponzi Scheme 101.
You can bet the ObamaComs are looking at raising the retirement age to supplement their “end of life” counseling sessions.
Talk about a damn joke, did you hear the one about where a big chunk of the SS money that we do not even have, is going? Way too much of the Social Security money is paid out to people who never paid in. It goes to single mothers of “disabled” children who have asthma or ADHD or low IQ or something, children who are successfully attending school and do not interfere at all with the mother’s ability to hold down a job, but instead of working they collect $674 per month in SSI for a child. The SSI check is not really to pay medical expenses. Medicaid does that. All SSI recipients are automatically signed up for Medicaid. SSI is a huge federal welfare program. SSI has no “work requirement” unlike that other “welfare”, the one that got reformed, TANF (Temporary Assistance to Needy Families). SSI pays $674 per month to the “disabled” of ANY age who NEVER paid into social security. Millions of children receive SSI and are the primary monetary support for their mothers. There are vast numbers of families (mostly single mothers and their children) who live entirely off of housing assistance from HUD programs, SSI for a child or two, and food stamps (snap) benefits, plus Medicaid. The roof over their heads is free. The SSI money will pay the utility bills. The family qualifies for enough in food stamps every month to not have to use cash (or not much cash) for food. The SSI child is at school and the mother has the day free to get out and go to work, but does she? Why should she? Millions and millions of social security dollars are being paid out every month to mothers of not-really-disabled children who would really rather not be bothered to work. Why should she support her family when the rest of us are already busy doing that! The American public has no idea!
I have come to believe that the only way out of this mess is to become an oil exporting nation and then tax the exports to fund SS. With bio-technology, coal liquification, and our own oil deposits, I believe this to be possible.
Of course, this will mean that we will need to remove many of the environmental laws that have been forced onto this nation by the tree cabal. And we will have to hold the line or even reduce spending. But it might just be possible.
You know what they’ll do, don’t you?
If they FDIC can ask the banks to lend them money to insure them, then I suppose the federal government can ask the retirees to lend them money to fund Social Security.
No joke, a damn crime. Just imagine if that 12%-14% of your total wages was actually given to you instead of being confiscated by the Fed.
Hate to tell you this, bucko...but my daughter (who is autistic with severe developmental delay, meaning she relates to her world as a 1 1/2 year old..and she’s 8) receives that money each month..and it is a lifesaver.
I work 2 jobs. Even though I have a degree in Culinary Arts, I found out that it doesn’t mean SQUAT out in the real world. I am not smart enough to learn high-paying job skills. I am not strong enough to work heavy-labor positions. My wife is going to school to get a degree in architectural engineering so she can make more money for our family. That SSI money helps us pay our rent. Yes, we have 4 kids...that was our decision, and anyone who tries to castigate us for THAT can go straight to Hell.
YOU can call it welfare...I call it help for survival. One day, I hope to be over-qualified to recieve it, and I will GLADLY get off of it. Until then, we take it with gladness AND the realization that others...hard-working American people...have provided for it.
I wrote Social Security completely out of my retirement plans years ago. It kills me to see all that money being taken out and know I’m about as likely to see a penny of it as I am to win the lottery. (And I don’t play the lottery!)
Want to really make yourself mad? Pull out your propoganda “green sheet” that the SSA sends you every year. Take the amont of annual contributions you paid in, double that number (remember, your employer contributes $$ that you never see) and lay it out on a spreadsheet with a rate of return as if you had it in a market basket mutual fund. You will vomit. The delta between what you could have had (and passed on to your children) versus what you will get from the feds (and your children will pay for) is huge.
By the way, when will we end this racist program? Last actuary tables I saw showed that this program is all about black american males subsidizing asian american females...
When we will stop paying for this LBJ war? Maybe Sen Kerry can Kerry On!
Nah...Bush’s fault. He should have listened to Gore and kept the surplus in a lock box.
did someone steal the lock box?
For that matter,opt me out of the entire "Great Society" system of socialism and NEVER tax me another penny for it again!
You’re incorrect on several issues, clashfan.
I’ve been getting SS checks for five years (since age 62). There is not automatic Medicaid for people on SS. At age 65, I enrolled in Medicare and about $1200 a year is deducted from my SS checks to pay for that; it’s not welfare. ........I paid into the SSA system for 39 years after finishing active duty with the Navy at age 20. Was booted out the door at age 59 by my employer after 36 years there. Had to go 9 months with ZERO income, until age 60 when my pension kicked in. The SS checks two years later were certainly a welcome addition to my needs.
I see your point but apparently you missed mine. I was in no way criticizing anyone who makes the effort to work toward supporting themselves to the best of their ability.
Why are you calling me an insulting name? Your situation does not fit into the scenario I described.
At age 65, I enrolled in Medicare and about $1200 a year is deducted from my SS checks to pay for that; it’s not welfare.
Do you realize that your $96 a month Part B payment amounts to only 25% of the actual costs of the program. By law, 75% of the costs of Medicare Part B come from the General Fund. The same holds true for Part D. And by 2014, 45% of all Medicare expenditures (Parts A, B, and D) will come from the General Fund. The bottom line is that the revenue from Medicare no where near comes close to paying the costs of the program. And it is going to get worse because medical costs are going up faster than GDP growth and the number of Americans 65 and older will double by 2030, when one in five Americans will be 65 or older.
Its your money and you earned it. I can’t understand why people think SS is welfare. ITS NOT! Social Security is a fund not welfare. Clashfan is full of crap.
Count on it!!
No, you are incorrect.
I was referring to Supplemental Security Income (SSI), not Retirement Survivors Disability Income (RSDI), other wise known as Social Security.
Different programs, both administered by the Social Security Administration.
Medicare also is a different program from Medicaid.
SSI/no pay-in required/Medicaid/no premium to pay.
RSDI/pay-in required/Medicare/premium to pay.
You do not have SSI and Medicaid.
You have RSDI and Medicare.
When did I ever go into debt to you? What did I do to you or what did you do for me, to make me and mine owe you and your`s?
Let me guess,its got something to do with some "shared debt to society"? But, who absolved you of your`s? And by what right did they or you put it on me?
Is it just that you`re rationalizing away your share? Or it it that I`m just one of those "mean'ole conservatives"?
I take it by your tagline that you`re not a fan of O'Barky, and why is that?
Questions,so many questions. But they kinda go to the heart of the matter, don`t they?Or am I just a mean'ole conservative?
BTW,not that it does or should matter but I`ve dealt with hardships too,but I work full time and am going to school part time so hardships are not an excuse.
Good points.
It is not your money. Your contributions don't belong to you. SCOTUS case Flemming v. Nestor established the principle that entitlement to Social Security benefits is not contractual right.
SS is insurance. You can pay into SS for 50 years and not collect a dime except for a small burial allowance, e.g., you die the day before you are supposed to collect your first check and you are unmarried and have no children. The vast majority of those who are collecting SS now receive back far more than they put in.
This is exactly what I mean by The American public has idea. You are mixing up RSDI and SSI. I absolutely know about these vastly different programs.
I never said SS is welfare. I said SSI is welfare.
SS is common parlance for RSDI: Retiremant Survivors Disability Insurance.
SS is not SSI.
SSI is Supplemental Security Income.
I was talking about SSI.
Look it up then say I’m full of crap.
It is designed to help aged, blind, and disabled people, who have little or no income; and
It provides cash to meet basic needs for food, clothing, and shelter.
FYI: SSI has been abused by immigrants who bring in their aged parents and have them put on SSI. GAO Report: SUPPLEMENTAL SECURITY INCOME--Recent Growth in the Rolls Raises Fundamental Program Concerns
Well I`d sure like to opt out of that plan.And by what right do they call it an insurance plan when I was forced to get a number as a kid and use it or not be able to work legally.
Talk about a damn joke, did you hear the one about where a big chunk of the SS money that we do not even have, is going? Way too much of the Social Security money is paid out to people who never paid in. It goes to single mothers of “disabled” children who have asthma or ADHD or low IQ or something,"
What makes this a joke? Theses are disable children who have no means of support. Do you expect them to give up an education to find work so they can eat and have shelter. The money is for the disable child not the parent.
The Social Security trust is zero out every year. Its only accounting entry and no money ever goes in. The Treasury handles the money. For example, If the Treasury received 500 Billion in taxes and paid out 400 Billion the difference goes to a special issue Treasury Bond as happen in 2003. The trust fund balance consist of Treasury Bonds, thus the IOU.
I agree that SS seems to violate the Constitution. Unfortunately, the courts have not seen it that way. In 1983 Congress forced all newly hired federal employees into the system. It is a Ponzi scheme. IN 1950 there were 16 workers for every retiree, today there are 3.3, and by 2030 there will be just two. The system is unsustainable as currently structured. SS goes into the red permanently in 2016. And for the next two years, it will be paying out more than it is taking in.
When you subtract the lost from the real unemployment figure (18%) it will run out sooner than 2016.
The $2.2 trillion in the SSTF represents an unfunded liability, which is why it is included in our $12 trillion national debt under "Intragovernmental Holdings."
"Social Security's annual surpluses of tax income over expenditures are expected to fall sharply this year and to stay about constant in 2010 because of the economic recession, and to rise only briefly before declining and turning to cash flow deficits beginning in 2016 that grow as the baby boom generation retires. The deficits will be made up by redeeming trust fund assets until reserves are exhausted in 2037, at which point tax income would be sufficient to pay about three fourths of scheduled benefits through 2083."
SS is a pay as you go system. For the next two years it will be in the red for the first time since the early 1980s. Because of the economic downturn and falling revenue, SS will be in the red for the next two years and then go into the black until 2016 when it goes into the red permanently. These are projections and estimates.
I agree. The problem with SS is it has no way of financing its future in its current state. The Treasury Bonds are not paying enough. The Govt sucks it all up and leave nothing but paper.
After re-reading my post, I can see why some might think I am less than grateful for this benefit that helps us out so much. That was never my intention. I also realize that I what I said could be construed as saying i have no ambition or confidence in my abilities. That’s partly true...I do suffer from lack of confidence, and that’s something I’m working on. As for ambition, I just get frustrated because I can’t seem to figure out that “one thing” it seems smart, conservative people have that allow them to make money and be successful. In any case, it was wrong of me to imply that.
I totally agree...there are some getting this benefit that have no need or right to get it.
As for my family size...it was our decision. I responded the way I did because of things I have seen other Freepers say concerning family size. Things like “If you can’t afford ‘em, why’d you have ‘em?”. Our kids have never gone a day without food, shelter, or clothing...because between my wife and I, we’ve worked our butts off to provide for them. I transferred some of my anger at those comments to this thread. Again, I wasn’t right to say that.
Hell...I’m frustrated with the system. I believe Obama is do-nothing poseur, and I certainly believe he’s got to go...and soon. I also believe the system is bloated, drowned in seas of red tape, and can’t stand much more before the whole silly mess implodes.
I joined FR because I believe that conservatism is the way to go. I still do.
In my momentary anger, I over-stepped my bounds. I’ll shut up now.
Let's say that you make $50,000/year.
Your "contribution" to Social Security is 7.5% PLUS another 7.5% that your employer pays on your behalf before you ever see it on your paycheck. That's a total of 15%, or $15,000/year that you pay in.
OK, your $15,000 gets sent to Washington, D.C. and gets thrown on top of the pile of money from other contributors. Great! you might say. "I'm saving up for my retirement!"
Let's look at what actually happens to your $15,000.
The Federal government only keeps enough money in the Social Security trust fund to meet its current fiscal year "outlays" (checks to those currently receiving Social Security).
The Federal government then STEALS!!! the remaining money to spend for their power grabs, while replacing that money with Federal Treasury securities (IOU's).
Pretend your $15,000 wasn't part of the money used to meet payouts for the current fiscal year. Instead, it may have been stolen to be spent on a National Endowment for the Arts exhibit glorifying sodomites. The government would put a $15,000 IOU in its place.
Please understand what just happened. You've ALREADY paid your $15,000 Social Security tax. Now, the taxpayers get to pay yet MORE tax to pay for that $15,000 IOU when it comes due!
That's right! The money was STOLEN!!! by your Federal government. And they're going to make the taxpayers PAY for the government's theft.
This is the SAME charade being played out with health care right now. The Federal government is about to create a new trust fund that centers around 18% or our entire economy!
Just THINK of the amount of money that they can steal from that!
What makes this a joke? you ask
It was a play on words....don’t you see? I was replying to the post. Nobody meant is was not serious. You thought I meant it was a real joke? A ha-ha, funny joke? No. Don’t we all think this is serious? You don’t have to take issue with me. Whose laughing? I’m not laughing....
Well, I wasn’t trying to be rude, just trying to be real.
Fact is, we all struggle. Conservatives take responsibility and ‘man-up’ to those things that they can control, no matter the difficulty level. That’s just life. We understand that we can’t create Utopia on Earth like Liberals believe because misery is something that can’t be spread around evenly.
Anyhow, I am a father like you. I have 3 children of my own. Our middle child was a 27 week preemie and, by default, a ‘disabled’ child when she was born.
We did collect SSI checks for about $400 per month until she got out of the hospital. We also continued receiving those checks in reduced fashion (About $150 a month) until her 1st year birthday. As a fighter, (which is in our family blood, IMO) She suffered no long-term effects even after a bout of RSV at 11 months age and at her 12 month review, I simply told the Social Security Agent to discontinue the checks because she was NO LONGER DISABLED.
I understand you don’t have this luxury. I understand your long term blessing (and burden.) BTW, All of our children are still school age. We are relatively young.
With your degree and that of which your wife is obtaining, I am confident that you guys will eventually figure things out and be self-sufficient. I encourage that, wholeheartedly.
On subject, though, it is absolutely correct to say that Social Security was doomed to failure from the beginning. It is sad that our outlook only exists in terms of our election cycle.
kabar... I’ve had the Medicare B for over two years and have used it only once... at a walk up clinic. I believe it paid about $60 of my $100 tab.
As I view things, I’m paying much more than I receive from Medicare (so far... knock on wood) and as a so-called “highly compensated” person in management at my employer of many years I was contributing much more to the SSA than someone flippin’ burgers. ....Apologies to anyone that is a burger flipper here.
The topic of this thread was SS, clashfan.
You went on a tangent and began talking about the disability features of SS, without making the distinction between that and the normal SS retirement.
Sorry if I and others misunderstood your intent, but that was why I said you were incorrect about the Medicaid stuff.
He/she went on a rant with the words SS, Social Security and then flip in the term SSI. Social Security is helping many people who paid into a system who become elderly or disable. Anyone who complains about helping people who rely on canes or disable is a complete ass. Just like when the Messiah said grandma should be denied the hip replacement.
Of course it isn't just about you. The Medicare Part B payments by you and me and the 45 million other Medicare recipients only pays for about 25% of the costs. The other 75% comes from the General Fund, i.e., the taxpayers, young and old.
I don't know how old you are but the bulk of payments for Medicare recipients comes during the last two years of their lives. One serious illness will cost more than you have ever put into the system your entire life.
As I view things, I’m paying much more than I receive from Medicare (so far... knock on wood) and as a so-called “highly compensated” person in management at my employer of many years I was contributing much more to the SSA than someone flippin’ burgers. ....Apologies to anyone that is a burger flipper here.
And you pay more income taxes under our progressive system. Again, this is not about you and your personal circumstances. It is a about a government run health care system, Medicare and Medicaid, that are bankrupting our country. There is no way that the revenue collected pays for the system. By 2014, just five years from now, 45% of all Medicare expenditures (Parts A, B, and D) will come from the General Fund and that percentage will grow as the baby boomers retire. The system is bankrupt and unsustainable.
According to the 2009 Trustees Report "As was true in 2008, Medicare's Hospital Insurance (HI) Trust Fund is expected to pay out more in hospital benefits and other expenditures this year than it receives in taxes and other dedicated revenues. The difference will be made up by redeeming trust fund assets. Growing annual deficits are projected to exhaust HI reserves in 2017, after which the percentage of scheduled benefits payable from tax income would decline from 81 percent in 2017 to about 50 percent in 2035 and 30 percent in 2080. In addition, the Medicare Supplementary Medical Insurance (SMI) Trust Fund that pays for physician services and the prescription drug benefit will continue to require general revenue financing and charges on beneficiaries that grow substantially faster than the economy and beneficiary incomes over time.
"The Medicare Report shows that the HI Trust Fund could be brought into actuarial balance over the next 75 years by changes equivalent to an immediate 134 percent increase in the payroll tax (from a rate of 2.9 percent to 6.78 percent), or an immediate 53 percent reduction in program outlays, or some combination of the two. Larger changes would be required to make the program solvent beyond the 75-year horizon."
I think the next ‘take over’ will be seizure (in some way) of all of the monies folks have saved just for this eventuality (SS being broke). Im not sure how fedgov will pull it off but I strongly suspect its coming. Consider how much $$$ is sitting there enticing the grifters in DC to grab it all. I winder if the Boomers will allow it?
I know a thing or two about SSI-Supplemental Security Income because I have lived for 11 years in a tiny California town where 90% of the residents have lived their entire lives on nothing but SSI.
SSI-receipients may own a home of ANY VALUE OR ANY SIZE WHATSOEVER, free and clear, inherited, whatever, they can own a home if they so wish worth $450,000, does not matter.
The HOME-1 Home of an SSI recipient does not count.
So, 90% of the townspeople that live off SSI, own their homes!
This is WHY, SSI in California that kicks in an extra amount, tax free, called SSP is so valueable to the recipients.
They definately have their cake and eat it too! LITERALLY!
They get $907 of tax free bucks per individual OR $1,579 per couple, tax free, never having to work a single day in their entire lifetime.
It is the GOAL of every single teenager in this community to get straight onto SSI/SSP.
Why?
Because when they were a kid and did not care about attending school, just wanting to sleep in and get up at noon like their SSI/SSP parents, they did this and failed in school, So during their school years, the councelors and teachers get together and put together a package plan called IEP, or Special Ed for these kids.
This means, the Teachers & Councelors, speech-pathologists, psycologists and many others GET PAID TO QUALIFY THE KID FOR IEP/Special Ed, and the kid becomes ELIGABLE FOR SSI/SSP!
This means the kid get’s a check, tax free, work free, for $907 per month in Cali.
$674 in other states that don’t supplement like broke Cali does.
When the kids is 18 they get a ‘Review’, usually very simple, a form, a phone call interview, sometimes they have to go into an SS Office, but it’s very little.
They STAY qualified for the rest of their entire lives this way for SSI! A Guaranteed Obama tax free-work free check!
Great Hugh!
It’s the BIGGEST Scam Game going!
This is how Mommie’s that don’t want to work after their 5 year lifetime limit exhausts from Welfare (CalWorks/AFDC) expires, they slide straight onto SSI.
Oh, it’s EASY if your Morbidly Obese, or you have eaten yourself into Diabetes, or you have turned yourself into a Drunkard or METH ADDICT, and you can just say you have ‘Bi-Polar’ Depression that one’s really super popular now.
So, you have a 22 year old, millions of them collecting a tax free, work free check for the rest of their lifetimes for being depressed because they did not want to bother to show up for school or do any homework.
And there you have a problem.
Because the majority of Black-African Americans live on SSI, Obama is going to STRANGLE/DEPLETE/and OBSELETE Social Security that people worked for, for 40 years of their lives and paid tax into, they will get the rip-off, and the SSI’s that NEVER worked will keep on going to the Casino’s and Dive Bars and eating at the All-You-Can-Eat restaurants on SSI.
People THINK SSI pays into Social Security and WORKED for that money. NO, that’s SSDI, not SSI.
SSI never has to work a single day in their lifetime, that’s why a couple can come into the US age 65 and get straight onto SSI/SSP in California dn get housed for FREE thru HUD-Section 8.
Don’t think for a minute that an SSI cannot BUY A HOUSE!
They CAN. They can use USDA Rural Direct or USDA Rural Guaranteed, or FHA/HUD to buy a house with a plethora of LOW-IMCOME Homeownership GRANTS & 1% Loans.
Check the USDA website or the HUD website, it’s all there,
all shows how an SSI can get all sorts of HELP to buy a house.
And, many of these SSI people contributed to the Mortgage Meltdown, because they bought luxury homes in Cali, that they should not have been able to buy with GRANTS and then when their Mortgages Reset from the Adjustable Rate to a Higher NON TEAZER RATE, they were sunk, but the taxpayers will pay their Mortgage, Obama will make sure of this.
Don’t think an ILLEGAL can collect SSI? They collect thru CAPI in California all the time!
And another thing, ALL SSI’s get MediCAL or MediCAID, absolutely FREE, and all their medicines are FREE.
If they also qualify for MediCARE, age 65+, they will get a Subsidy to pay the rest of their Premium and all their Medi’s, so they don’t pay a single penny for their MediCARE.
SSI’s make out real will when they own their home.
Their wife get’s a check until the very last kid is 16, and all the kids get an SSI check until they are 18.
THEY ALL GET A TOTALLY FREE COLLEGE EDUCATION, all of them.
The entire household will get a CalGRANT ‘Entitlement’ GRANT to go to college, and it pays really super well.
When you are the kid of an SSI or are on SSI yourself, you will get the FULL GRANT treatment. Fafsa/PELL at $4,200 plus year 1 of CalGRANT at over ,$1,500, then the following years over $9,700 from CalGRANT ‘Entitlement’ Grant, until it is broke as it already is.
That’s why they cut IHSS. Because the Elderly and very Disabled POOR are not the only one’s getting IHSS. It’s going to the live in girlfriends or boyfriends to “cook” for the one on SSI. Now, that adds up to a pretty penny.
You have the Guy getting $907 from SSI & SSP, in Cali, the woman getting a check till’ all the kids turn 16, plus the woman getting an IHSS check to “cook” for the guy that’s on SSI, and all the kids getting a check cause’ the guy is on SSI. And they can ALL get free CalGRANT money to go to college, FREE.
Not to mention they will ALL get MediCAL, FREE, and nothing will cost them a penny, not the DENTAL EITHER.
Only recently they cut off the Adults getting free DENTAL care thru MediCAL, only recently.
But, the kids can all get free BRACES on their teeth.
SSI’s live FREE. There’s even a Subsidy in California, now BROKE, that was paying them money at the end of the Fiscal year to re-imburse them for Space Rental, Rent, Property Taxes, if they are on SSI.
They get Vouchers at the beginning of the school year from Mervyn’s and MACY’s for $250 and they also get another one at X-Mas, that’s why you see SSI’s kids walking round’ wearing $250 tennis shoes, it’s the Bling you know.
SSI is the biggest TAX REVENUE SUCKING SYSTEM OF ALL THE Social ‘Entitlement’ Programs.
Now the BIGGEST QUESTION is this:
What will Obama do when he legalizes all the illegals and ALL of them will qualify for SSI?
They can go straight to Social Security offices across the nation and stand in line to apply & qualify for SSI.
And, they WILL.
There’s going to be TV cameras with thousands of newly legalized former illegals applying for SSI.
Their ENTIRE FAMILY will qualify for an SSI check this way.
The WHOLE family that’s living with the ‘Head of Household’ will all get an SSI check, TAX FREE, no Work Required.
How’s Obie going to come up with all that money?
Tax Revenues and the General Fund is broke, so how’s he going to pay for the NEW Legal Citizens that will be ENTITLED to SSI too?
I think I know. Social Security & MediCARE recipients that worked and paid into the system all their lives will get the boot, as well as working Middle Class tax payers, they will get the boot too.
“No SS for you.”
FDR was a total prick. Way overrated.
Regards, Doodle
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