Contrary to every fact based thing I've read.Except unfortunately they now put Social Security taxes in the general fund and pay out more than what they take in. Which they borrow to pay the difference, increasing the deficit and the national debt. Our government at work.
Really, what have you read?Contrary to every fact based thing I've read.
But that doesn't address that by 2032 or '33, possibly sooner, SS will have exhausted it's trust fund and benefits will be limited to what is taken in payroll taxes, reducing benefits by as much as 25%. I'm 100% for SS, but it's problems need to be solved soon.
And yes I did read it. When was this written? Most projections I've read put it sooner than 2034 and a greater reduction than 21%. Unless all the economic activity lately is improving it. And a national minimum wage of $15hr would also generate a lot more money for the plan. Also what will happen in 2090? If just payroll taxes will sustain a reduced benefit until 2090 then what will happen that year that will cause the program to fail?But that doesn't address that by 2032 or '33, possibly sooner, SS will have exhausted it's trust fund and benefits will be limited to what is taken in payroll taxes, reducing benefits by as much as 25%. I'm 100% for SS, but it's problems need to be solved soon.
The article is disingenuous with myth 5 however.
More or less accounting tricks.The article is disingenuous with myth 5 however.
HonkhonkOur realities are increasingly sad jokes
Major by name or rank, Mr. ignatius?Honkhonk
Name. Callback to motuko kusanagi. I'm only a 1st lieutenant.Major by name or rank, Mr. ignatius?
WelcomeName. Callback to motuko kusanagi. I'm only a 1st lieutenant.
That's not an argument. State your case.The article is disingenuous with myth 5 however.
WelcomeMajor.
Motuko kusanagi, thatI don't know of. I do remember Major Harris however
.
I will, stay tuned.That's not an argument. State your case.
Different Major Harris, I'll watch the youtube later.
Realize how wrong you were yet?Really, what have you read?
Realize how wrong you were yet?
I'm partially wrong.Realize how wrong you were yet?