Joe Biden Is Lying To Americans About Medicare And Social Security’s Insolvency

The Federalist ^ | 10/31/2022 | Christopher Jacobs

[Jonty30]

Yes, he’s lying.
They are spending the money as it comes in.

[Retain Mike]

I keep voting against all incumbents, because among other things the politicians knew FICA had to be at least 8% five decades ago based on the benefits they kept passing.

[Freedom56v2]

Lips Moving?
Lying!!

[quikstrike98]

Saying “Joe Biden” and “Lying” in the same sentence is redundant, and has been since that mendacious traitor’s first Senatorial campaign.

[Pilgrim's Progress]

Pedo Joey used to lie like a rug . . . now he is just reading (barely) the lies of someone else, probably Barely NoBama.

[Salamander]

Joe Biden Is Lying To Americans About Medicare And Social Security’s Insolvency

There. Fixed it.

[afchief]

The Bidens: Nothing but LIARS, CRIMINALS and PERVERTS

ALL OF THEM!!!

[RoosterRedux]

It’s probably better to focus on those times Joe ISN’T lying. Much less work given such times are few and far between.

[Gay State Conservative]

The Biden Crime Family is lying? Naaahhh...I’ll never believe it.

[bitt]

p

[Ruy Dias de Bivar]

Here is what was promised back in 1964.

https://www.ssa.gov/history/ssa/usa1964-2.html

Self-Supporting

The program is designed so that contributions plus interest on the investments of the social security trust funds will be sufficient to meet all of the costs of benefits and administration, now and into the indefinite future—without any subsidy from the general funds of the Government.

Both the Congress and the Executive Branch, regardless of political party in power, have scrupulously provided in advance for full financing of all liberalizations in the program.

And here is where your money went. Read and weep.

https://www.ssa.gov/OACT/ProgData/fundFAQ.html#n4

[Ruy Dias de Bivar]

Back in the first decade of this century, AARP magazine or bulletin, had a great article on why the SS system was NOT a Ponzi Scheme.

Ponzi schemes collapse. SS has not collapsed, therefore it is not a Ponzi scheme.

A few pages on Jane Bryant Quinn had an excellent article on how the SS system was set up. Without saying it, the set up was just like a Ponzi Scheme.

[MMusson]

Biden Inflation will finish off the Trust Fund. And, when Social Security hits Pay as You Go status - EVERYBODY TAKES A 20% CUT.

The 20% Cut was included in 1933 and is still Law.

[GOPJ]

While Biden and his cronies line their own pockets, ordinary voters will get hit the hardest by Democrats’ debt denial.

Yep AND Democrat goons are lying about us ending Social Security. Of course 'the press' could fact check them - but the press functions as butt boys for the Democrat Party Butt kissers of White Liberal 'Elites'...