And I just have to pass this one on...
Wonkette for President!
Paying all the Social Security benefits the government owes to old folks over the next 75 years will cost $4 trillion, and with a growing elderly population, payroll taxes won't bring in enough cash to cover it. But the trustees' report also had a hidden silver lining: Medicare will run out of money almost 20 years sooner than Social Security. Which means, we've solved the problem already! No money for Medicare means no health care for seniors. No health care for seniors means... no seniors! And no seniors means no Social Security problem.
I am banking on my over-priced Back Bay condo to save me from all of this and finance that 2 bedroom condo in Nice I plan to spend the rest of my days in.
Paying all the Social Security benefits the government owes to old folks over the next 75 years will cost $4 trillion, and with a growing elderly population, payroll taxes won't bring in enough cash to cover it. But the trustees' report also had a hidden silver lining: Medicare will run out of money almost 20 years sooner than Social Security. Which means, we've solved the problem already! No money for Medicare means no health care for seniors. No health care for seniors means... no seniors! And no seniors means no Social Security problem.
I am banking on my over-priced Back Bay condo to save me from all of this and finance that 2 bedroom condo in Nice I plan to spend the rest of my days in.
