REPORT ABUSIVE REPLY
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Message Subject
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social security collapse eminent
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Poster Handle
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Anonymous Coward |
Post Content
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Makes no difference who deserves what. The system is drastically underfunded. OASDI to the tune of 27 trillion, and Medicare to the tune on 53 trillion. It will collapse in the next 5 years. There are now 3 paying in for each collecting. Soon it will be 2.5, then 2. No way to prevent it from collapsing.
Currently, entitlement spending + interest on the debt = more than all federal government revenue. It's going to collapse. If you idiots had elected Romney there was a chance to keep the system going for a bit longer. Instead you elected the narcissist, who will spend spend spend and when he's not spending, he'll be spending his time on the golf course.
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