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Post Info TOPIC: Social Security fund will be drained by 2037!


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Social Security fund will be drained by 2037!


Guess that means you pissed away a bunch more money huh PowerStroker?

http://www.msnbc.msn.com/id/41293592/

And to think all this time you were saying that Social Security was just fine! All the while I was telling you it was going to be depleted before you retired!

So much for your BS PowerStroker! YOU SUCKER!

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MSNBC Says-

"This year alone, Social Security is projected to collect $45 billion less in payroll taxes than it pays out in retirement, disability and survivor benefits, the nonpartisan Congressional Budget Office said Wednesday."

"The massive retirement program has been feeling the effects of a struggling economy for several years. The program first went into deficit last year, but the CBO said at the time that Social Security would post surpluses for a few more years before permanently slipping into deficits in 2016."

http://www.msnbc.msn.com/id/41293592/

Seem's your precious non-partisan Congressional Budget Office isn't very good at predicting things... Kind of makes you wonder about their Health Care projections..

Ah well, Social Security was another crack-pot Democrat idea just like the new Health Care law. Some argue Social Security was nothing more than labeling people with a number, and that the health care law was nothing more than getting everyone's medical records on a nationwide computer data base.

What flavor sucker are you PowerStroker?



-- Edited by SELLC on Thursday 27th of January 2011 10:48:09 PM

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As I already told you, this isn't news. The fund was designed to be depleted once most of the baby boomers die off. At which point it will operate without a trust fund like it always used to.

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Yawn....  yawn

You keep telling yourself that.



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In the year 2037 I'll still have 12 more years to even reach retirement age!

And old people think they have it bad today! LOL



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