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| Government |
| Social Security Faces $9.6T in Unfunded Liabilities--$83,894 Per Household |
| 2013-06-04 |
| Posted by:DarthVader |
| #5 Gee, maybe if I'd had a chance to save and invest all my "contributions" to SocSec over the last 50 years I wouldn't need to collect now. Without SS my income would take a significant hit. All that saving and investing that I did do would probably allow me to survive but after losing ~20% in 2008 it would be real snug. If SS is to stay solvent how about all gov't employees (and other non-contributors) have their current pension funds rolled into SS on the basis of what they WOULD have been contributing all along. That infusion of cash ought to help. And I don't just mean the feds. How many state and local gov't employees (yes I mean teachers) haven't had to pony up? |
| Posted by: AlanC 2013-06-04 13:56 |
| #4 Not really. They've just sold 40% of their own children off. Why should they care if their kids are in poverty? |
| Posted by: Bright Pebbles 2013-06-04 13:39 |
| #3 I do laugh when I hear folks say 'Social Security is fully funded'. When I say that the same people collecting checks are the same ones who owe on the IOU's they stare blankly into my face. |
| Posted by: airandee 2013-06-04 12:46 |
| #2 Social Security Disability, the new welfare. |
| Posted by: Besoeker 2013-06-04 12:12 |
| #1 Just borrow it from China. /sarc |
| Posted by: DarthVader 2013-06-04 12:00 |