Quote:
Originally Posted by Antitrust32
baloney that it wont fail at all for 50 years.
paying out 78% is epic failure. 2037 is 26 years away. basically a hop, skip and a jump away.
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BTW, they just changed that date to 2038.
I'm tired of the right wing screaming "fake fail" show.
"Epic failure" when the system would still pay out 78% for decades into the future - with us doing nothing at all - is a completely ridiculous hyperbolic characterization, especially compared to the history of the system and how many times it's been adjusted already (from far worse predictions) It literally takes only a small tweek (sorry, 'Zig, but that's the truth of it) to adjust Social Security. As we have already done many, many times before.
Geesh, it's like you guys know
absolutely zero about Social Security and it's history.
Try this:
http://en.wikipedia.org/wiki/Social_...ited_States%29
The right wing is screaming failure, they have been since the day of inception, it's always been nonsensical baloney, and the system is terrific, has paid out 100% of it's benefits, and always will. As long as we do our due diligence in management.
Of course, the Republicans want Social Security to fail, because they want those trillions given to Wall Street to "invest".