Sooner or later Social Security benefits will have to be cut.
THERE IS NO MORE MONEY!!!!!
Baby boomers are retiring and the generation behind it(Gen X) is half the size of the boomers. There will not be enough tax payers to fund Social Security at it’s present rate.
3,2,1....
They should just pay off the old folks and let the kids get a better plan.
Social Security can NOT be cut you morons. There is nothing there but IOU’s. The Government musts be forces to pay back, in addition to the debt, and quit borrowing everything that goes into the fund. If all of the money that was SUPOSED to be in the fund were invested wisely, there would be plenty to go around. Over 14 percent of your earnings go into that fund (half from the worker and half from the employer).
Social Security can NOT be cut you morons. There is nothing there but IOU’s. The Government musts be forced to pay back, in addition to the debt, and quit borrowing everything that goes into the fund. If all of the money that was SUPOSED to be in the fund were invested wisely, there would be plenty to go around. Over 14 percent of your earnings go into that fund (half from the worker and half from the employer).
Hey there, wait a minute, bucko....just a few weeks ago I saw the illustrious Harry Reid on TV telling me that S.S. is good and solvent for the next 50 years & there is no problem. Are you saying that Harry lied to me???????