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Medicare and Social Security are going broke

us55840
This story is on the new again tonight. Both Medicare and Social Security are going broke in the next few years.

Benefits will have to be cut dramatically in order for them to survive.

I REALLY get a chuckle out of the story.

Really odd how Medicare and Social Security can be going broke while welfare, energy assistance, housing assistance, food stamps and a whole hose of other social programs NEVER are in danger of going broke.

On top of that, the Dems want to add a whole bunch of super expensive give away programs like free healthcare, free college tuition, free this and free that.

Congress is filled with a bunch of LOSERS!!!

:twisted:
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Comments

31 comments

Date Votes
  • KenK/84Bravo
    droptop wrote:
    Rack Ops wrote:
    bpost wrote:
    My father, RIP paid in for 31 years. When he died mom got $250.00

    Yea, SSI is great. :roll:

    And most of the millions of people on Social Security Disability, fakes and legitimate alike, will draw FAR more than they ever paid in.
    That is a certainty so far. I paid for those retired between 1969 and 2000 (while I worked) and paid more each year until I retired. This is called "inflation" and that's why the individual payments go up most years OR your maximum earnings that are subject to the tax on your check.

    S.S. was never designed as RETIREMENT INCOME. It's only to keep people out of POVERTY. I know one person who gets the MAX because he paid in the maximum amount for over 35 years. He commented it paid for he and his wife's entertainment and dining out expenses in 2005 and that was close to the truth.

    Maximum S.S. benefits 2019
    2019_ss_benefits.JPG

    Benefits: Pay in more you get more, less or NONE you get less or maybe something.
    http:https://www.retirementliving.com/how-much-social-security-will-i-get





    I paid into this "Fund," my whole working life. (Mandatory, not voluntarily.)

    Yes, I expect to draw from it in a couple years when I retire.

    The Government Retirement Fund, in danger of going Tits up?


    I thought not.
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