Early Retirements Strain Social Security:
"Big job losses and a spike in early retirement claims from laid-off seniors will force Social Security to pay out more in benefits than it collects in taxes the next two years, the first time that's happened since the 1980s."
The reasons being given for the impending collapse of the Social Security and Medicare Ponzi schemes are endless as the universe, and credible as Baghdad Bob. The bottom line is that unless Congress can add more players to game, the systems will go broke fairly soon. Then sit back and watch the flames of generational warfare get stoked, big time. I'm curious as to how much longer the systems would have lasted if Congress hadn't raided the funds for the last 40 odd years. But then again what would we Boomers have done with the extra money, Dine on Gourmet dog food plated on Melba Toast with a sprig of parsley, instead of Eating Alpo straight out of the can?
DID SOMEONE SAY LOCK BOX?
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