To: Theoria
“Spending is outpacing revenue. “
Up until this year, Social Security current yearly contributions exceeded yearly payouts. Even for the next 15 years, the total of yearly contributions plus interest on bonds purchased with past surpluses will, in total exceed payouts.
The claim that Social Security has contributed to recent deficits is a lie.
To: rintintin
And medicare? Healthcare costs is a bomb. They are passing it to the next generation via debt. Generational giving of debt should be criminal. The reality is we have been kicking the can down the road for years, and ‘prospering’ because we are helping to fund the economy with vast government spending.
20 posted on
01/22/2020 8:27:42 PM PST by
Theoria
(I should never have surrendered. I should have fought until I was the last man alive)
To: rintintin
" for the next 15 years, the total of yearly contributions plus interest on bonds purchased with past surpluses will, in total exceed payouts." But that will be paid by taxpayers. No one else.
Yeah Trump should stay away from this, and he does. Media is trying to lie him in.
50 posted on
01/22/2020 10:04:54 PM PST by
mrsmith
(Dumb sluts (M / F) : Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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