Quote:
Originally Posted by joeydb
Not the total debt. Doesn't that mean that it is always a drain and cannot carry it's own burden as a program? If most people get out more than they put in, that seems to be the case.
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What it means is that now, for the
first time in history -
never in the past - there is slightly more coming out than going in. That is why full benefits now would extend to 2037, with only 78% benefits after that. Because 2037 is when we would
first see that problem.
So we make a little tweek to fix it for decades. Hardly the disasterous failure you falsely portray it as. Very successful program. Has made 100% of it's payments for decades, and will readily do that until 2037 doing nothing else. Then 78% after that. Doing nothing else.
So it will be tweeked in the near future, so that after 1937, 100% gets paid out then, too.
Now, if you don't want to be a participatory American patriot in this society, and you don't want to contribute to our common good as a society - MOVE ELSEWHERE
If you think preventing old people from starving on the street in ill health is a bad thing - MOVE ELSEWHERE