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Ten Stats That Show Why Social Security Is Broken

 
Black Knight
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User ID: 66996549
United States
10/04/2017 08:03 AM
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Ten Stats That Show Why Social Security Is Broken
An interesting article on the MSN homepage (I only go there for my email) about Social Security that states a number of interesting thoughts as well as some BS lies as well.

[link to www.msn.com (secure)]

1) The worker-to-beneficiary ratio could fall 21% by 2035.

Well there certainly are not nearly enough in the workforce to support those of us old bastards that have lived long enough to start getting our money back.

3. Life expectancies among the wealthiest 20% are 12.7 years higher than those in the lowest quintile.


Well there's an interesting idea, rich people living almost 13 years longer than the poor folks. Perhaps that is why they want to keep us all poor, eh?

4. 62% rely on Social Security for at least half of their income.

Now that is pure bullshit, even here in wealth Western New Jersey the majority of the old folk rely on Social Security on damned near all of their income. Except of course for retired government workers.

6. The program will lose $88.4 billion in annual income by 2034.

Ah, there's the good news because by that time most of us Baby Boomers (I am at the tail end of that dog) will be dead so there may be hope that the program will recover. Of course it still makes no sense to me at all that there can ever be an actual problem funding this payback of our stolen wages since the Fed can simply just print up the cash. Oh, that's right, they only do that for their banking masters, don't they?

In any case I think it is fair to say that the sellout scumbag Congress and Senate will make damned sure they cover their own asses while they are hanging ours out to dry. Damn their eyes!

Last Edited by Black Knight on 10/04/2017 08:05 AM
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