It’s already insolvent. There is zilch to back up those [supposed] IOUs.
Socialism failing, as usual.
It’s ok, we can correct it with more socialism.
Breaking out the social security scare in time for the election.
Scaring old people will help get them to the polls.
Democrat policies are the ones that are a threat to social security in medicare. But the useless republicans haven’t figured out how to win that argument the last 40 years.
People weren’t suppose to live long enough to collect Social Security.
Proving there is no "trust fund" because if there was there would be literally hundreds of millions in "earnings" to supplement the cash flow from taxes. There never was a trust fund and this has always been a ponzi scheme. Our government is corrupt to the core. Next stop, public defined benefit plans bankrupting states, another corrupt Dem ponzi scheme.
Time to Purge the Systems of Fraud!
Don’t screw with old people’s money.
It’s not really news. I can remember the numbers people laying this out at the end of the Reagan era....’there would come a day’. Well....it’s approaching.
There’s five or six tricks that you can do to resolve this or prevent it....but I don’t see the freak show (GOP and Democrats) willing to really take action. You could raise the ‘cap’ and have the more wealthy put more into it, which would infuriate them because it’s a waste of money. You could raise the retirement age, but get lots of people mad. You could change the cost of living measure. You could have a ‘means test’ which is what Trump has talked about. You could even use the estate tax business to resolve this (really bad idea).
Stop giving Social Security “funds” to non citizens.
Remember all the times Republicans wanted to fix Social Security? remember when George W. Bush set out with a plan to fix Social Security?
Remember that each and every single time Democrats and their megaphone MSM screamed that Republicans wanted to kill seniors and make them eat dog food before they died? Remember they said seniors would be forced to make a choice between eating and getting their medication?
I remember.
And I’m certain as sure as I am drawing breath that Democrats and their MSM partners will blame Republicans for the coming catastrophe.
That’s what they get for setting up this ponzi scheme
How’s the welfare trust fund doing?
7
Not surprising. Most of us paid into these guaranteed programs for several decades. Now, the welfare slugs continue to dominate the budget. If something doesn’t change welfare moochers will soon get 90% of the budget.
No one ever worries about the “Welfare Fund”
SSI Has done a real number on the social security fund I would think. Social security is being give to so many people who never paid in a dime. Of course it is going to go bankrupt even without the ‘Baby Boomers’.
well if the gov can pay illegals and give platinum plated benefits for “refugees” they better have my money available when i get old...
Congress needs to return the trillions of dollars they stole form We The People.
My brother in law has a child with Down's Syndrome. I was surprised that he gets a social security check each month for her.
Social Security overspending?
Well then increase it. Double down.
Seniors should get free lawn service, free utilities, free food AND free internet.
There now, SS bankrupcy is fixed.