Investors lose a trillion dollars in one day

[Danzig]

[quote=Riot;798575]

Originally Posted by joeydb

This is what liberals consider to be fairness. You work your ass off, and instead of getting principal plus interest, you get a modest payment per month until you croak, assuming it's solvent.[/QUOTE

If only you bothered with facts. The truth is, that most people get more out of Social Security and Medicare than they put in.
You know, that's why you have been told to scream it's broke?

You can't have it both ways

which is exactly why there needs to be real reform of ss, medicare, and medicaid. it's a continuing increase in spending-something has to be done with those programs, which take-what, half or more of the federal budget? that percentage continues to increase, which is one of the reasons we're having to rethink our budgeting, including tax increases.
it's not a matter of paying the money out-it's the fact that we can't continue to borrow to pay our bills, with us only paying down interest. sooner or later it becomes too big of a bill, much like all the people who treated their home equity lines of credit as an atm-and then couldn't believe the fallout.

our 'entitlement' programs (which shouldn't be called that, we pay for them) are becoming an ever-increasing part of the budget, and it's not going to get better unless there are changes made.
had the govt not borrowed those funds, they wouldn't have to borrow, with interest, to pay that money back out now-but that is water under the bridge.