THE NC Herd Fan
Hall of Famer

Posts: 16,735
Joined: Oct 2003
Reputation: 553
I Root For: Marshall
Location: Charlotte
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The Real Crisis Brewing
As Maxine (Maxi-pad) Waters and other LIBTARDS worry about illegals trying to enter the country aren't given open access there's a far more serious crisis facing US Citizens. For the first time since 1982, Social Security paid more in benefits than collected in taxes. If nothing changes we're at the end of the road. There's no kicking the can anymore, the longer congress waits the larger the crisis and the more drastic the measures needed to fix Social Security. Social Security has always been a ponzi scheme funded with government IOU's in the form of government debt. Now that revenues are not sufficient to pay benefits the fact that all the taxes collected are invested in US debt is going to render the program insolvent unless tax code is changed in increase revenues or investments are changed (not going to happen) to divest of US debt.
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| 06-24-2018 08:11 PM |
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