When will they tell people not to even bother applying for Social Security?
“Medicare is in even worse shape. The trustees said the program for hospital expenses will pay out more in benefits than it collects this year and will be insolvent by 2017”
Gosh, by all means, let’s let the gov’t run healthcare!
/s off
I guess I’ll be working until the day I die. Being only 41, SS will be gone and given what the gov is doing, what little I have in the market will not be all that much either in 30 years.
LOL Trust fund ???
Why doesn't Obama fix theses BEFORE he screws up ours?
LMFAO... Giant Trust Fund, you kill me. You mean that warehouse filled with.......(drum roll)..... US Treasuries..... HA HAHA HA. I needed a good laugh this afternoon.
America’s Welfare State...deficit spending...money printing scheme has bankrupted the country.
I hope there is a big backlash because of this.
see also
http://www.foxnews.com/politics/2009/05/12/social-security-medicare-seen-failing-faster/
http://www.moneyandmarkets.com/five-economic-storms-raging-now-2-33662
Would that be the same Lockbox when has been raided for years so it holds nothing but a bunch of "I Owe Me" notes from the government? Social Security is out of money the minute the lockbox has to be tapped and general income taxes have to go up to "pay" for all those "IOMe"s.
Obama’s fault!
With unemployment going up and the GDP going down, did anyone expect these programs not suffer losses??
Solution...Just print more money! Keynesian (Socialist) economics at work.
Child Obama and his ilk are don’t have a clue.
Boomers fault!
***... but it was unclear how much help those pledges would be in achieving Obama’s goal of extending coverage to some 50 million uninsured Americans. ***
The above is incorrect. There are NO uninsured Americans. All any American who is not paying for PRIVATE insurance has to do is walk into any ER in the country and he’ll be signed up for Medicaid. ( Funny that Medicaid was not mentioned in the article.) And Medicaid is just the same as Obama wants us all to be on, except we will ALL be under the government’s thumb when we need treatment. How do they figure the government will save any money that way? I still think Romney’s plan was best: Let anyone who CAN AFFORD private insurance pay for it or not get treatment. That cuts down on the cost of Medicaid and would be a huge savings for the taxpayers.
Also, the article was written as a scare tactic to help get socialized health passed.
Isn’t it amazing that the dumbest MF’ers in the country are also the ones running it?
Meanwhile...
U.S. Will Pay $2.6 Million to Train
Chinese Prostitutes to Drink
Responsibly on the Job
http://www.cnsnews.com/public/content/article.aspx?RsrcID=47976
Meanwhile...
Dead Woman Gets
Federal Stimulus Check
Millions of Americans on Social Security are receiving $250 checks as part of the president’s stimulus plan — including an Anne Arundel woman who died more than 40 years ago. /snip/ Social Security representatives said there is a good explanation. Of the about 52 million checks that have been mailed out, about 10,000 of those have been sent to people who are deceased.
http://www.wbaltv.com/money/19435100/detail.html
Only Eight More Years for Social Security and Medicare
'We're all gonna die !' . . . And King Zero is our savior'
LOL . . . LOL !
EXCELLENT!!