We're going to rescue your retirement, Arrh!
The Existentialist Cowboy has some things you should hear about what the pirates in Washington are about to do to what's left of your retirement.
He quotes Dr. Krugman:
...one of the things that we need to know is that the estimates of the day at which the trust fund runs out, just keep on receding further into the future, because the program is doing so well at running surpluses. So, ten years ago, people said it was going to run out in 2029. Now the official estimate is 2042. Realistically, it’s probably going to go well into the second half of the century. Now how does this become a crisis? Well it becomes a crisis by changing the rules...
You might note the actual statistics from the Social Security actuarial tables support this position nicely.
I'm looking forward to hearing Obama's bipartisan rape plan for Social Security.
I'm sure that unlike the Reptilicans, who just want to end it, the DINOcrats will present us with their improvements whether the American public wants to improve it or not.
The only debate among the Washington Congresscritters will be on whether to just end it or to improve the $ystem.
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